Team High Flyers from IIM, Bangalore was announced as the 2nd runner up
Bangalore, November 20, 2017: E-Commerce held centerstage in 2015. Big Data Analytics took over in 2016. This year, the spotlight was on ‘Waste to Value’. Tata Business Leadership Awards (TBLA) 2017, the annual business case competition organised by the Tata group, saw best minds from premier business schoolsfrom across India come up with innovative business solutions for the reduction, efficient disposal and productive use of industrial waste produced by Tata companies.
TBLA was won by Team Caesar of S.P.Jain Institute of Management and Research, Mumbai. Team Invictus from XLRIJamshedpur and Team High Flyers from IIM,Bangalore were announced as the 1st and 2nd runners-up, respectively.The other teams, which reached the finals were from IIM Ahmedabad,IIM-Calcutta, IIM-Lucknow, IIM-Kozhikode, FMS, Delhi and TISS,Mumbai.
The teams in the final round weregiven a challenge where they had to build a case forsetting up an integrated waste management company within the Tata group thattakes ownership of the industrial waste from Tata companies and unlocks valuefor all stakeholders. The winning entry from S.P.Jain suggested creating one such company within the group providing aholistic solution, from consulting to research and development to an investingarm, thereby tackling all issues of industrial waste management. This kind ofan integrated business solution does not currently exist in the country,thereby making the suggested plan unique and a winner.
The winners were felicitated with thecoveted TBLA rolling trophy, a cash prize of Rs. 500,000 anda direct pre-placement interview (PPI) opportunity with TAS, theflagship leadership development programme of the Tata group. The 1st and 2ndrunners-up received a cash prize of Rs. 200,000 and Rs.100,000, respectively, along with an opportunity to be a part ofthe TAS presentation round.
Speaking on the occasion, Mr. S. Padmanabhan,Group Chief Human Resources Officer (CHRO), Tata Sons, said, “TBLAaims to engage with bright minds and provide them with a platform to showcasetheir leadership and entrepreneurial capability. In its 15th year now, it hasbeen successful in recognizing talent and triggering enthusiasm to come up withinnovative solutions to challenging real-world situations. It was fascinatingto witness the effortless manner in which the finalists presented their ideason some of the most critical industrial waste management challenges being facedby corporate India.”
Senior leadership from the Tata group including Dr.Gopichand Katragadda, Group Chief Technology Officer, Tata Sons, and Mr.Rajesh Gopinathan, CEO and MD, Tata Consultancy Services (TCS) alsograced the occasion. In the pre-final rounds, the participating teams presentedsolutions to live business cases from Tata companies namely Tata Steel,Tata Power, Tata Chemicals, and Ginger Hotels. Nine teams were shortlistedby senior Tata leaders to compete at the finals.