It’s good news for those who are aspiring to be businessmen in the near future, the city based Cognizant Technology Solutions has come up with a novel idea to flourish its business by the help of young and intellectual breed from all over the India and Asia pacific region. The company has organized a competition to find out the young talent. The participants for this contest will be responsible to draw up a business plan and find out the new avenues for the company’s growth and the leadership it needs to be revamped.
The winners of this project will be inducted as a part of the team which will make this happen in reality.
The project called ‘Board Room – Smart Business Plan Contest’, where students will need to submit plans about new opportunities, service offerings, joint ventures, network based business, said Satish Jeyaraman Director, Cognizant.
The contest will be held in three phases. The first phase involves submission of a short executive summary of the business proposal.
The participants for this contest need to go through the three phases. First, the selected teams will be guided by the experts at the Cognizant. In the second phase, they will submit the summary of the plan that will evaluate by the judges. And in the third phase will enter into the final round where they will read out the actual reading of the plan before the jury members.
The selected team will be included as a leadership team in the company.
Business proposals are judged on the basis of degree of creativity and innovation, appropriateness of the strategy for exploiting the opportunity, the financial feasibility of the plan, the team’s ability to present and defend the viability of the plan and the team’s ability to conduct primary research to analyze the market
said Jeyaraman.
The winning team will have the option of being a part of this initiative
Jeyaraman said.
The wining team will be awarded a prize of 2.5 lakh and the runners up will be awarded 1.5 lakh.
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