Procter
& Gamble (P&G) Nigeria, a leading consumer goods manufacturing company,
has shortlisted 129 teams to participate in the first stage of the P&G CEO Challenge Competition from various universities and
business schools across Nigeria. This challenge is P&G’s first online case
study challenge to be held in Nigeria.
For
more information on the CEO Challenge, kindly visit the
P&G Careers Nigeria Facebook Page, https://www.facebook.com/ PGCareersNigeria
At the launch of the competition, at its corporate head office
in Lagos on Thursday, October 30, 2014, Ridwan Sorunke, Corporate
Communications Official, P&G Nigeria, informed that
the competition was part of P&G’s
commitment to touching and improving lives through talent development, as the competitors will get hands-on
experience and coaching from Senior Business leaders on how to solve real
business challenges.
According to him, “Talent development is
top business priority for us at P&G because our people are our
greatest competitive advantage. This makes us aim at attracting, hiring and
retaining the very best talent. Our investment in growing and developing talent
over time has made us known and recognized as the #1 Company for Developing Leaders.”
He said that the P&G CEO Challenge is a virtual competition for
university students across the globe that is aimed at identifying, developing
and grooming business leaders of tomorrow. The competition requires interested
participants to form a three-man team from the same university who will
together attempt to resolve the case studies that will be thrown to the
competitors in the course of the challenge.
“The competition will be in five stages and stage one has been
kicking off today with the 129 teams that have been short listed. We have designed a
case study-based challenge to give them the opportunity to experience working
on world class brands and developing their business acumen via face to face
interactions with top P&G leaders at the stage 3 of the competition,
deliberating on solutions to business cases”, he said.
Ridwan noted that following the call for entries into the
competition, registered Teams participated in a photo contest on Facebook and
winners shortlisted to commence the case study rounds of the competition.
Talking
on the modalities for the competition, Sorunke said that the first elimination
round is the Brand Manager Challenge in which 20 teams will be promoted to the
second stage, which is called the Country Manager Challenge. Five teams are
expected to emerge at the second phase level and move to the third phase which
is the CFO Challenge.
From
the CFO Challenge, a team will be promoted to the COO Challenge, competing
against a team from South Africa and North West Africa region to determine who
will represent the region at the last phase, the CEO Challenge, where they will
face their global counterparts. This phase will be taking place in Dubai. The
winner of the CEO Challenge will emerge the overall champion of the
competition.
The
winning team will be sponsored on an all-expense-paid International trip. There
will also be consolation prizes, including iPads, for grabs by the competitors.
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