Washington, D.C. (PRWEB) January 31, 2012
• Wharton MBA Team was one of 178 teams competing for the “World’s Most Innovative MBA Team” in 2011 Innovation Challenge
- Syngenta sponsors competition for second straight year; event aligns with company commitment to education and innovation
- Syngenta representatives and Wharton MBA Team convene in NYC to ring New York Stock Exchange closing bell
A Wharton School of Business MBA team, sponsored by Syngenta, captured third place in the 2011 Innovation Challenge. In addition to receiving a cash prize from the California-based Innovation Challenge, the team joined Syngenta representatives, and other winning teams and sponsors at the New York Stock Exchange (NYSE) to ring the closing bell on January 27.
Now in its ninth year, the Innovation Challenge is the world’s largest business innovation competition. The competition provides graduate students with a unique opportunity to address many of the world’s most pressing business and social challenges of our time. 2011 sponsors included Syngenta, AT&T and General Electric.
“Within Syngenta, collaboration and open innovation are essential components of our strategy,” states Jonathan Campbell, who focuses on partnerships at Syngenta Research and Development, “Syngenta has wonderful employees, technologies and ideas, but as we look to develop integrated customer solutions, we must also develop external partnerships with those who share our commitment to innovation. By creatively combining our internal capabilities with external partners,” Campbell continues, “we can continue to deliver exciting new products and solutions to meet the needs of our customers.”
The Syngenta-sponsored team, which attends the MBA Program for Executives at the Wharton School of the University of Pennsylvania, consists of four members:
- Team Captain Praveen Meka, Philadelphia, PA, is an attending physician in Internal Medicine in Martinsville Memorial Hospital in Virginia.
- Sharon Lee, New York City, is the director of Marketing and Brand Management at Girl Scouts of the USA.
- Parvez Naqvi, Washington, D.C., is a Shared Technology director at Thomson Reuters.
- Alex Schuster, New York City, is the senior vice president of the Managed Services division at Design Strategy, an IT staffing, services and project management company.
According to Meka, the Innovation Challenge provided team members with an excellent opportunity to gain experience and develop “innovation” skills. “To be successful in today’s world, true 'out-of- the- box' thinking is critical,” Meka explains. “When our team learned that Syngenta invests a significant amount—about $1 billion a year—in research and development, and they also are committed to helping feed the world population, expected to reach nine billion people by 2050, we found the company impressive and wanted to help.”
Campbell said more than 25 nations participated in the competition. To advance to the finals, sponsors select one team to represent their company in the final round of the competition. Once the finalists were named, an independent team of judges from throughout the global business community voted on the “The World’s Most Innovative MBA Team.”
Syngenta is one of the world's leading companies with more than 26,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to http://www.syngenta.com.
About the Innovation Challenge
The Innovation Challenge is the world's largest business innovation competition. For nine years, the brightest and most creative MBA and graduate students from universities all over the globe have been matched with leading companies to address the globe’s most pressing business and social challenges. In all, more than 178 teams comprising 798 MBA and graduate students from over 40 universities and 25 different countries competed in the 2011 Innovation Challenge.
©2012 Syngenta, 410 Swing Road, Greensboro, N.C. 27409. The Syngenta logo is a registered trademark of a Syngenta Group Company. Innovation Challenge® is a registered trademark of Idea Crossing, Inc.
Cautionary Statement Regarding Forward-Looking Statements
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