MCKINSEY MEKONG BUSINESS PLAN CHALLENGE

She said that many people helped refine their ideas. Leave a Reply Cancel reply You must be logged in to post a comment. The business challenge aims to provide platform for talent development among youth in the region and to help launch real businesses and social ventures that would have impact on the communities. More than 30 out of school youths are learning how to make banana bread, chips, fruit wine and cardamom tea at a basic These teams then propose a draft organization to the management board. It aims at selecting the best business models from the Mekong region and attracts entries from over universities in Cambodia, Vietnam, Thailand, Myanmar, Laos, Yunnan Province in China and Bhutan.

Founder of Shogjur, Sherab Choden, said that she conceived the idea while working on a project that included making paper beads. President of RTC, Thakur Singh Powdyel, said that ideas could lead people in all directions as the human urge to imagine, to create, and to innovate knows no bounds. Special thanks to all our corporate sponsors and partners: The selection announcement will be made at the end of November. The other selected project involves the development of a community library, including student study rooms, language laboratory and restaurant. Business and Social Venture ideas relating to all sectors e. The Mekong Challenge aims to serve as a platform for talent development among youth in the region and to launch real businesses and social ventures that will have a deep impact on communities in the greater Mekong region and Bhutan.

Student participants are encouraged to design new and innovative business models, and use lean startup techniques to test and validate the assumptions in these models. Started in as the National Business Plan Competition, hosted by the National University of Management in Phnom Penh, the Challenge has since expanded to six countries in the greater Mekong sub-region, including Bhutan.

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Students who have recently graduated can also join teams, though at least 1 member challrnge the team must be a registered student at a university.

Demand from retailers is more sophisticated, requiring use of natural and non chemical color dyes, and innovative designs, while domestic demand from families tends to be less sophisticated, focusing more on traditional patterns and chemical dyes. Companies should use China as a training ground for future global leaders and take measures to build, not just buy, their workforce.

mckinsey mekong business plan challenge

This story is part of an exclusive feature by Yeewong Magazine in Dec on celebrating entrepreneurship in Bhutan. Thus, commercial integration issues were handled by mcckinsey commercial business units; technical-benchmarking issues were handled by the operations experts. It also aims to create new and innovative products and designs which use primarily natural Khmer dyes derived from tree bark, leaves and seeds.

Mckinsey mekong business plan challenge

Saturday, March 16, Venues: The World Economic Forum Blog is an independent and neutral platform dedicated to generating debate around the key topics that shape global, regional and industry agendas. These teams then propose a draft organization to the management board.

mckinsey mekong business plan challenge

We use cookies to ensure that we give you the best experience on our website. Next NC elections in numbers. Mckinsey mekong business plan challenge I initially thought it was only a mechanism for water management among the ,ekong countries that share the longest, mighty river in Southeast Asia.

At the same time, though, he is responsible for what in French we call exigence-that is to say, being demanding. Results Mekong Challenge The eventful weekend saw keen people in attendance, of which 56 pitched ideas.

Mekong Business Challenge – Daily Bhutan – Your gateway to the Kingdom

Medals and prizes, including follow-on support, will be awarded to the top three teams. What Mckinsey terms “Next-shoring” means – “Proximity to demand and innovative supply ecosystems will trump labor costs as technology transforms operations in the years ahead”.

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Saturday, March 16, The IBMC is the first and largest lean startup competition in the world. As a result, plsn products which currently claim to buisness made of Cambodian golden silk are often a mix between golden silk and white silk.

mckinsey mekong business plan challenge

mckkinsey Subscribe to our Press Releases Follow Us. The format has also transitioned from a business plan to a business model competition which encourages students to design new and innovative business models and then test and validate their business model assumptions using lean start-up techniques.

In a new report – Next-shoring: A team from Bhutan presented Guram, herbal candies that had been already launched in the market bagged the third place.

McKinsey Mekong Business Plan Competition – Soukim

We are also mciinsey for the continued support from our corporate sponsors and partners: Mekong business challenge first started as national business plan competition in Founder of Shogjur, Sherab Choden, said that she conceived the idea while working on a project that included making paper beads. May 20, Phnom Penh, Cambodia, 16 March May 04, Impact Hub Phnom Penh aligns itself and all its activities with the global Sustainable Development Goals, and we proudly display them in our space to inspire our bksiness to do the same.

She said that many people helped refine their ideas. The Mekong Challenge aims to serve as a platform for talent development among youth in the region and to launch real businesses and social ventures that will have a deep impact on communities in the greater Mekong region and Bhutan.

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