uva accenture management consulting innovation challenge - national finals
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UVA Accenture Management Consulting Innovation Challenge - National FinalsTRANSCRIPT
PowerPoint Presentation
AMC Innovation Challenge:A New Vision for New Look
Meklit Adnan, Jesse Peterson, Shivon Sood, Arthur WuUniversity of Virginia
Current State: How to improve the current mentor system
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Copyright 2013 Accenture All rights reserved.#Peer-to-Peer Training is Integral to Program Culture
Copyright 2013 Accenture All rights reserved.#5Emphasis on Personal Development Encourages Retention
Opportunities to travel: ambassadorsFor high school (70%): Visit moguls in training in college and become MIT For moguls (30%): Continued personal developmentOne-on-one with celebrities and affluent peopleCareer development with corporate sponsorsTravel opportunities
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Copyright 2013 Accenture All rights reserved.#8iLEAD minimizes travel costs and expands virtual experience and exposureIntegrated into all aspects of the mentor experienceEstimated annual costs:2,500 mentors @ $500 per trainer - $1.25 MillionIncrease from 230 mentors in 2013-2014Creation of iLead modules - $150,000Travel expense for shadowing moguls - $100,000Regional Leadership Retreats - $200,000Proposed Recommendations have Minimal Financial Implications (need to update)
Copyright 2013 Accenture All rights reserved.#9Implementation Will be Completedby the 2015-2016 School Year
Copyright 2013 Accenture All rights reserved.#*10Growth of the New Look Foundation will have a positive impact on youth, the Special SauceRecruitment will focus on student leaders within the NLF programsTraining will integrate the iLead platform and in-person interactionA tiered incentive program will encourage mentors to return year after yearPlan will achieve overall goal: 2,500 mentors by 2015-2016 school yearProposed Improvements will Position the NLF for Continued Success
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