The challenge has started! Take it to create innovative concepts, compete against international students, network with Henkel managers and bring your creative and strategic management skills to the next level. Good luck and have fun!
1. About the Henkel Innovation Challenge
The Henkel Innovation Challenge (HIC), organized by Henkel AG & Co. KGaA (hereinafter “Henkel”), Henkelstraße 67, 40589 Düsseldorf, Germany, is an international business game starting September 1, 2011.
The aim of HIC is to offer students the possibility to translate theoretical knowledge into practice and make a professional experience. In the course of the challenge, a tandem of 2 students develops a business plan for a new Henkel product or technology, which should contribute to promoting a sustainable development in at least one of Henkel focal areas.
The students are guided to create a concept for a Henkel product or technology by filling in the following questions online:
- Tell us your vision of life in 2030: What future trends do you expect?
- What will the market needs be according to your vision?
- What is your innovation? Describe your idea for a Henkel product or technology.
- How does your idea contribute to sustainable development in one Henkel focal area?
The submission deadline for all innovation projects is 4 p.m on December 12, 2011.
No participation fee or purchase is required.
2. Who can participate?
- Students, who are at least 18 years old, enrolled in a university, college or equivalent academia within a participating country (see above).
- Students attending a Master (no MBA).
- Students participating in an exchange program, if they and their tandem-mates study in the country they applied for during the time of the final between January and February 2012.
- Current and former Henkel interns (max. 1 intern in a tandem), including students writing a thesis at Henkel.
Excluded from participation:
- Students attending an MBA or Doctoral Program.
- Employees of Henkel AG & Co. KGaA and its affiliates ¡V and their relatives ¡V are excluded from participation.
- People who have any contractual (i.e. job) affiliations with Henkel or its affiliated companies, had in the past and at any time of the challenge. The participants in the process of recruitment for a job within Henkel or its affiliated companies of Henkel are eligible for the challenge. However, they will be automatically disqualified, should they be recruited by Henkel.
3. Deadline
Submission phase – deadline: 4 p.m. on December 12, 2011
4. Phases
The HIC is divided into 4 rounds:1st round: Submission
2nd round: National Finals (tentative in Kuala Lumpur, Malaysia)
3rd round : Regional Final (tentative in Shanghai, China)
4th round: International Final (tentative in Poland, Europe)
5. The final prize for 4th round
1st prize: A ticket around the world plus € 1,000 in travel vouchers! The winners from the international finals in Poland win a ticket around the world plus € 1,000 in travel vouchers.
More information please visit www.henkelchallenge.com