Ychallenge 2011, in a nutshell0

In short, Ychallenge 2011 is a business case competition. But beyond that, what really differentiates Ychallenge from other contests that you have known is the Vietnamese touch with Vietnamese companies joining in the case that we would like to emphasize. Through Ychallenge, we aim to provide a conducive platform for like-minded individuals to network, to share, to discuss and to work together toward a common goal, which is to enhance the competitiveness of Vietnamese firms on the global market.

The challenge goes like this:

Preliminary round: each team of 4 selects its favorite industry from a given list and do research on a given question. Within 8 days, 16 teams with the highest scores will move on to the next ground.

Semi-Final Round: 24-hour Challenge – each team will be given a case of a company in its preferred industry (as identified in the first round). Within 24 hours, each team needs to come up with a proposal to the existing problem of that company and present it in front of the board of judges. The 8 most excellent teams will enter the Finale.

Finale: The eight teams (The Eight) will visit the mentioned businesses in Vietnam in 4 days (a field trip) and get the chance to interact with the management of respective companies to gain more insights of current issues facing these firms. The team should take this opportunity within this time frame to fine-tune their proposals from the 24-hour challenge, bringing them closer to reality and feasibility check. At the end of that week, The Eight will present their findings and suggestions to the companies’ management and at Ychallenge Finale to be organized in Ho Chi Minh City (Vietnam) with audiences expected to be the larger business community there. 

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Besides the main challenges, other activities are in place to facilitate forming teams among individuals and exchanges of ideas between experienced judges and passionate participants.

There are 3 quick online challenges from August to September, the purpose of which is to bring up understanding of important macro issues facing Vietnam’s economy which requires in-depth analysis and creative solutions from participants. This process is purposely designed so that participants canfind like-minded partners to form teams for the main challenge. All ideas will go through a review process and receive personal yet critical feedbacks from top-notch experts in the relevant fields.

On top of that, winners of each quick challenge will get to lunch with our judges to communicate with them on a more personal and engaging level. And for those teams that make it to the 2nd round of the main challenge, personal coaching from our board of advisers will be provided.

So how does all that sound? Login to www.yplatform.vn today for more information and get ready to participate in our very first quick challenge on Sunday 28th August!