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Vi vann! The Nordic Case Competition är inte bara lärorik utan ...

Vi vann! The Nordic Case Competition är inte bara lärorik utan ...

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MANY WAYS OUT OF<br />

FINLAND<br />

Sooner or later, <strong>inte</strong>rnationalisation will be on the agenda<br />

for a growing company. And then the really big challenges<br />

begin. In November Hanken alumni and students were invited<br />

to a seminar on entrepreneurship and <strong>inte</strong>rnationalisation.<br />

Twenty years ago it was easy to know how to proceed<br />

in order to achieve good sales figures abroad. According to<br />

Jan Sten, a consultant in entrepreneurship, simply going to<br />

Sweden and starting there was enough. But in today’s world,<br />

there are infinite paths to choose from.<br />

– Every entrepreneur needs to find his own way, Jan<br />

Sten noted.<br />

Dag Sandås, alumnus of the year, has a long career in<br />

entrepreneurial firms. Among other achievements, he has<br />

partaken in the development of Vacon, a company that was<br />

later publicly listed. Now he works at <strong>The</strong> Switch.<br />

To survive as an entrepreneur, you must be able to tolerate<br />

uncertainty.<br />

– You need to be sure to have the right kind of people<br />

around you. If you’re the type who always plays it safe, you<br />

should forget about entrepreneurship.<br />

William Wolfram, the founder and CEO of Deal Dash,<br />

is of the same opinion. <strong>The</strong> focus needs to be on building a<br />

good team.<br />

– I only hire people who are smarter than I and who somehow<br />

complement me and the team.<br />

After the actual seminar, a pitching competition was held<br />

and it was won by a health application by a company called<br />

Framgo.<br />

Do you go to the gym regularly but find no significant difference<br />

in your weight? It may be due to muscle mass weighing<br />

more than fat. In order to motivate yourself to keep going<br />

to the gym, entrepreneur and Hanken student Kenneth<br />

Salonius of Framgo had an idea. You attach a belt on your<br />

body and a watch shows you your fat percentage and all the<br />

necessary data is displayed on your smart phone.<br />

<strong>The</strong> other companies that participated in the pitching<br />

competition were Sayduck, Palm Opinion and Breakit. All<br />

had three minutes to convince the jury.<br />

William Wolfram.<br />

PH OTO: PATRI K LINDSTRÖM<br />

AVSNITTSBESKRIVNING<br />

BRIEF IN ENGLISH<br />

RELIEF SUPPLY CHAIN<br />

MANAGEMENT<br />

<strong>The</strong> cost of transportation in aid operations and of supplies<br />

in crisis areas is very high. To make aid deliveries succeed it<br />

is crucial that local actors are involved in the work, not just<br />

aid workers flown in from major aid organisations.<br />

– Cooperation between different actors in terms of disaster<br />

relief, development aid and transportation of medical<br />

supplies for emergency help to depressed regions is very important<br />

in humanitarian logistics, explains Professor Karen<br />

Spens.<br />

<strong>The</strong> research institute HUMLOG, founded by Hanken<br />

and the National Defence University of Finland (NDU), focuses<br />

on research in humanitarian logistics. In October the<br />

book Relief Supply Chain Management for Disasters: Humanitarian<br />

Aid and Emergency Logistics, edited by Gyöngyi<br />

Kovács, Director of the HUMLOG-institute and Professor<br />

Karen Spens, was published.<br />

<strong>The</strong> HUMLOG Institute was founded in 2008. <strong>The</strong> aim<br />

of the HUMLOG Institute is to share and disseminate knowledge<br />

in issues related to humanitarian logistics.<br />

THE NORDIC CASE COMPE-<br />

TITION BROUGHT OUT THE<br />

BEST PROBLEM SOLVERS<br />

A private equity firm is considering buying Ducati, an Italian<br />

motorcycle company. Sounds like a case for an investment<br />

bank or a consulting firm, but this time it was students from<br />

Hanken, Aalto University School of Business and Stockholm<br />

School of Economics who were to come up with a solution.<br />

It was time for the second <strong>The</strong> <strong>Nordic</strong> <strong>Case</strong> <strong>Competition</strong> organised<br />

by the student unions of Hanken and the Aalto University<br />

Business School. A total of 21 persons participated,<br />

seven from each school. Participants were selected from over<br />

80 applicants.<br />

On the first day, all teams commented on Ducati’s business<br />

plan and the price of the transaction. <strong>The</strong> three best<br />

teams went on to the finals. On the final day the three final<br />

groups presented their investment plan and the jury, consisting<br />

of representatives of Danske Bank and Boston Consulting<br />

Group, chose a winner.<br />

<strong>The</strong> competition was won by team number five, consisting<br />

of Richard Cawén and Katrin Ahlbäck from Hanken<br />

and Julia Fagerberg from SSE. <strong>The</strong> teams were formed combining<br />

students with different majors from different schools.<br />

Events like <strong>The</strong> <strong>Nordic</strong> <strong>Case</strong> <strong>Competition</strong> are very important<br />

opportunities for students to present themselves to<br />

potential employers, but the networking aspect is equally<br />

important.<br />

Besides a bottle of champagne, the winners of the competition<br />

also won a job <strong>inte</strong>rview at BCG and a dinner with<br />

representatives of the management of Danske Bank. And, of<br />

course, precious contacts.<br />

23

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