The Herald Bulletin

Morning Update

Local Education

April 29, 2013

Emmett Dulaney: 3rd annual AU MBA business plan competition is May 2

ANDERSON, Ind. — The MBA program at Anderson University holds classes that meet at six locations to make it easiest for its students to attend using a cohort model. One of those cohorts is known as the Anderson Professional program and it is for working adults who take courses in the evenings at the Flagship Enterprise Center. Another is known as the Residential MBA program and it is also based in Anderson but for students who actually live at the Flagship and can take more classes each semester than those in the professional program and finish sooner.

The other four locations are geared toward evening classes for working adults and are Indianapolis-based; referenced by the locations where they meet, they are: Lawrence, Fishers, Noblesville and Carmel.

This semester, students at each of those cohorts wrote business plans and competed to be chosen as the top group at each location. The six winners (one from each location/cohort) will compete this Thursday for a winner-take-all $1,500 prize. The competition will be held in the Professional Development Center (PDC) at the Flagship, and the public is invited to come and watch. The competition begins at 6 p.m. and each team is limited to a total of 20 minutes: 10 minutes for their presentation and 10 minutes for question and answer.

While the rubric for the written business plan included 47 categories of varying weights, the one used for the presentations is much simpler. A panel of six faculty members will choose the winner based upon the following equally weighted criteria:

 Idea and Innovation: How compelling and interesting is this idea?

 Market Opportunity: Do the presenters identify the size, growth and expectations for the market?

 Financials and Investment Potential: how well does the business represent a real investment opportunity worthy of funding?

 Market Strategy: Have the ways of obtaining market share — profitably attracting and retaining customers — been realistically established?

 Presentation and Delivery: Do the presenters communicate well, with confidence and awareness of time management? Do they demonstrate competence in their presentation skills?

 Professional and Organized: Are the presenters professional? Do they exhibit character, expertise and proficiency conforming to the highest of business standards? Are they poised, confident and knowledgeable? Do they think effectively on their feet (during Q&A)?

This is the third time a cohort-vs.-cohort competition has been held and the types of businesses proposed typically run the gamut. Past entries have included recyclable containers (the winner the first year), housing projects (the winner the second year), shooting ranges, mobile phone apps for enforcing ethical behavior, remote charging devices, and a slew of others. If you have time free on Thursday evening, I hope you’ll stop by the Flagship and watch the competition as well as ask a few questions of your own.

Emmett Dulaney is an Anderson resident and the author of several books on technology. His column appears Tuesdays.

1
Text Only
Local Education
  • NWS - HB0822 - AU move in - 021 Rainy move-in doesn't dampen freshman spirit

    In the 14 years he's taken part in freshmen move-in day, Stu Erny, director of Campus Ministries and International Student Services at Anderson University, said this is the first time the weather has been unpleasant.

    August 21, 2014 3 Photos

  • NWS - HB0820 - Anderson Christian-SH-1 Anderson Christian School finds new home at local church

    After months of uncertainty, Anderson Christian School has found a new home at Southern Heights Christian Church, and classes will begin on Sept. 8, Tom Snell, school administrator, said on Tuesday.

    August 19, 2014 1 Photo

  • NWS - HB0820 - Kennedy Google- JC 2 Google X captures heart, imagination of AU professor After spending the summer working at Google's secret research laboratory in Mountain View, California, Scott Kennedy has decided to stay.

    August 19, 2014 3 Photos

  • NWS - HB0819 - Young Eagles-file Youth can fly free Saturday

    Kids can fly free again at this year's special airplane rides Saturday at Anderson Municipal Airport.

    August 18, 2014 1 Photo

  • Grant intended to lift college completion for 21st Century Scholars Fall classes at Ivy Tech Community College aren't set to begin for another week, but "college success coaches" from a company called InsideTrack are already contacting 21st Century Scholars to help them transition from high school to college.

    August 18, 2014

  • NWS - HB0817 - Alex library Alexandria library growing When Alexandria-Monroe Public Library Director Montie Manning was getting ready to ask the city council to appropriate funds for a construction project, he decided to give the council some statistics. What he found in those numbers surprised him.

    August 16, 2014 1 Photo

  • FEA - HB0817 - Book Nook - 22 Helping Madison County in the Book Nook

    With its warm lights, comfy chairs and jigsaw puzzles in frames on full display, the Book Nook is an inviting place to discover faraway lands, new worlds and dig into a character’s deepest thoughts.

    August 16, 2014 3 Photos

  • Elwood schools election won't change this year

    There will be no changes this election cycle in how the members of the Elwood Community Schools board of trustees are elected.

    August 15, 2014

  • ACS board members seek re-election Three of four incumbent members of the Anderson Community Schools Board of Trustees have filed seeking another term of office.

    August 14, 2014

  • NWS-HB0814-Frankton Lapel-BTS-SH-2 Students at Franton-Lapel get more snooze time Frankton-Lapel Community Schools will begin school about a half-hour later than in previous years.

    August 13, 2014 3 Photos

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide