Deadline: August 17, 2018
The CoreNet Global Academic Challenge 4.0 is now open. Students from around the world are invited to think creatively about a problem facing real estate professionals for renowned global companies.
The Academic Challenge is an important step in raising the awareness of the profession and the impact of corporate real estate on the global economy. The competition is designed to attract students from all academic disciplines to tackle key challenges facing the profession, and the challenges facing the enterprises our members serve.
Your ideas could earn you world travel and global networking with the greatest minds in corporate real estate. They invite students from around the world to think creatively about a problem facing real estate professionals for renowned companies like Google, Duke Energy, AstraZeneca, Whirlpool, and many others.
You and your teammates will engage in a contest with competing institutions from all over the globe. Your job is to address challenges like creating an employee experience that attracts millennials while retaining all other generations of employees; or reducing the gap between the speed of business and the typical speed of real estate.
CoreNet Global is the world’s leading association for corporate real estate (CRE) and workplace professionals, service providers, and economic developers. They’re seeking your ingenuity and creativity. The competition is open to all students (undergraduate/graduate, full-time/part-time) who are currently registered at a recognized university.
- Travel the world with an all-expense paid trip to one of their Global Summits in Asia or North America.
- Challenge your mind power by competing with your peers from around the world.
- Gain international experience.
- Connect with experts.
- Win US $5,000 for your team.
Three teams will be selected from among all the complete submissions received. Teams and their faculty advisors will be provided transportation* to the Global Summit in Boston, and provided with lodging and Summit admission during the competition.
It is expected that faculty advisors will travel with each finalist team.
- All competitions are open to students from all over the world; there is no registration fee.
- The competition is open to students of all disciplines pursuing a Bachelors or Masters degree at a recognized degree-awarding institution, such as a University, Grande École, College or Fachhochschule, hereafter referred to as “University,” on a full-time or part-time basis.
- Each student must be currently enrolled in classes at their host university throughout the competition, and not have more than 7 years prior professional experience.
- Employees of CoreNet Global and their family members are not allowed to enter the competition.
- Also, students currently involved in an internship, apprenticeship or summer placement with CoreNet Global are not eligible to take part in the competition.
Submission Requirements and Criteria
- The competition is open to teams of two (2) to four (4) students; team members may be from different academic programs within one institution, and/or teams may be comprised of students from more than one institution.
- Ideally, each team should be comprised of a diverse range of students from different disciplines, such as (and not limited to) architecture/design, engineering, business, finance, and science. Interdisciplinary teams may have an advantage when it comes to addressing this challenge.
- Each team must have a faculty advisor from their home institution, and their contact information must be included on the team’s registration form. It is expected that faculty advisors will travel to the competition with their team. In addition, each team must appoint a Team Leader.
- The Team Leader will be the main contact point for CoreNet Global, and emails sent to the email address provided by the Team Leader will be considered delivered.
To aid in the team selection process, each team must respond to the questions below and provide all requested contact information. Please limit your responses to no more than 350 words each.
- Based on the “Business Case” description above, how will your team prepare to compete in Boston? What are your initial plans to research the technological disruptors discussed in this document in order to gain additional insights?
- Submit 5-10 questions that you would like answered by the professionals with whom you will interact in Boston in order to better understand the challenges and opportunities of this project.
- What unique strengths does your team possess that will enable you to deliver a sound strategy to the CEO? What makes you a winning team and why should you be selected to compete?
- In your team’s opinion, what is the single greatest challenge facing multinational corporations today? What is the single greatest opportunity facing multinational corporations today?
In the first round of the North American competition, responses to the above questions will be judged based on the quality of thought invested, the appropriateness of each response, and originality and creativity. Each team is competing against every other team; there is no one “right” response. Rather, the judges will be comparing each response against all the others in order to identify the finalists.
Submissions will be judged on the following:
- Innovation & Creativity (40 points)
- Applicability & Feasibility (30 points)
- Value Creation (20 points)
- Quality & Clarity of Presentation (10 points)
Boston Academic Challenge Brief
For more information, visit CoreNet Global.