UNM Anderson Takes Second Place at the 2018 Daniels Fund Consortium Business Ethics Case Competition
April 24, 2018
(Albuquerque, NM) Students from the UNM Anderson School of Management took 2nd place honors in the 2018 Daniels Fund Consortium Business Ethics Case Competition in Denver last week. Students from the University of Utah's David Eccles School of Business took first place in the competition and the third place team was from the University of Wyoming's College of Business. Anderson Professors Harry Van Buren and John Reed were advisors for the UNM team.
This was the seventh annual Daniels Fund Consortium Case Competition. Ten teams of four to six undergraduate business students participated in this unique competition, designed exclusively for universities that are members of the Daniels Fund Ethics Consortium. The Daniels Fund, established by cable television pioneer Bill Daniels, is a private charitable foundation dedicated to making life better for the people of Colorado, New Mexico, Utah, and Wyoming through its grants program, scholarship program, and ethics initiative.
"This year's team was a joy to work with." Said Dr. Van Buren. "I was impressed with their commitment to ethical conduct in business, their analytical and presentation skills, and their professionalism. They represented Anderson extremely well."
The Case Competition exposes college students to a thought-provoking business ethics case, similar to a situation that they might face in their professional careers. In the first phase of the competition, the teams have a month to analyze a case using principle-based ethics, develop an executive summary of recommended actions, and prepare a presentation. After making a presentation to a panel of judges, the teams are given information about a crisis affecting the business portrayed in the case; in four hours, the teams have to create another situation addressing the crisis. It is designed to challenge students' ethical reasoning, give them tools for ethical decision-making, and raise awareness of the importance of principle-based ethics in business decision-making. Teams were evaluated based on their use of principles established by the Daniels Fund Ethics Initiative in honor of the late Colorado businessman and entrepreneur Bill Daniels. They include integrity, trust, accountability, transparency, fairness, respect, rule of law, and viability.
Besides the top three teams, there were competing teams from: Colorado Mesa University's Department of Business, Colorado State University's College of Business, New Mexico State University's College of Business, University of Colorado Colorado Springs' College of Business, University of Colorado Denver's Business School, University of Denver's Daniels College of Business, and University of Northern Colorado's Monfort College of Business.
For more information about the Daniels Fund Ethics Competition go to: https://www.danielsfund.org/Ethics/.
Students from left to right: Colin MacCosbe, Kelly Allred, Julianne Sanchez, Anand Macherla, Sofia Lucero and John Algermissen.
The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.
The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email email@example.com, or call (505) 277-6471.
PHOTOS, INTERVIEWS, AND FURTHER INFORMATION AVAILABLE ON REQUEST