Congratulations to David Cooke and Sara Russell. With its global network of campuses, Webster is uniquely positioned to hold this type of learning competition. We believe it will help empower today’s business students and prepare them to use technology to enhance their effectiveness.
Northfield, IL (PRWEB) August 31, 2006
Webster University-Fayetteville team, David Cooke and Sara Russell, took first place honors in a worldwide, $10,000 business competition, using the Capstone® Business Simulation.
Cooke and Russell received their $5,000 prize Thursday from Webster’s Dean of the School of Business and Technology. Alumni and students from Webster’s School of Business and Technology have been engaged in the competition to determine who is the most successful in managing and growing a business. What began as 46 teams from all over the world was narrowed down to six teams competing for $10,000 in prizes sponsored by World Wide Technology, Inc.
The Fayetteville team was led by Webster University faculty member Don King, who holds a Ph.D. from the University of Michigan. Cooke and Russell were competing with five finalist teams, another one of which was from Fayetteville and included Michael Needham and Shabbir Kahn, who placed fifth in the worldwide competition. Other finalist teams were from Jacksonville, Fla., Orlando, Fla., Hua-Hin, Thailand and Vienna, Austria.
During the Capstone® Simulation competition, teams compete to determine which executive management team can take their $100 million virtual company and make it into the biggest success. Components of the competition include strategy, research and development, marketing, production, finance and process management. Each team responds to challenges that require business decisions. The Capstone® Business Simulation software program being used is the best selling business simulation in the world.
Dr. Benjamin Ola. Akande, dean of the university’s School of Business and Technology is an enthusiastic proponent of the Capstone ® Business Simulation competition. During the Fayetteville ceremony, Akande said “The competition and the result for which we celebrate today is a validation of the substance and quality of a Webster MBA.”
“We are proud to sponsor this exciting challenge,” said David Steward, chairman of World Wide Technology, Inc. “Congratulations to David Cooke and Sara Russell. With its global network of campuses, Webster is uniquely positioned to hold this type of learning competition. We believe it will help empower today’s business students and prepare them to use technology to enhance their effectiveness.”
Webster University, founded in 1915, is headquartered in St. Louis, Missouri. The University offers academic programs in 22 states, and in 10 foreign countries which total 106 graduate campuses and enrollment in excess of 20,000 students from more than 100 nationalities.
Founded in 1990 with headquarters in St. Louis, Missouri, World Wide Technology Holding Co., Inc. (WWT Holding), is a leading Systems Integrator providing technology and supply chain solutions to customers and suppliers around the world, with annual sales nearing $2 billion. WWT Holding, through its industry-specific operating companies, World Wide Technology and Telcobuy.com, specializes in helping customers rapidly build and deploy technology infrastructure on time and cost-effectively. For more information please visit http://www.wwt.com.
Management Simulations® is the leading business simulation program provider worldwide and works with more than 500 universities including Northwestern University and Harvard Business School, as well as countless leading businesses such as Allstate, General Electric, General Motors, TransUnion and PricewaterhouseCoopers. More information is available from Rodger Mitchell by calling 877-477-8787.
[For a high quality image go to http://www.webster.edu/news/graphics/Capsim.jpg
L to R: Webster University-Fayetteville Director Roger Esser, David Cooke, Sara Russell and Dean Benjamin Ola. Akande, Ph.D.