TEL AVIV, Israel, May 21, 2013 /PRNewswire/ --
The Sofaer Case Competition will take place on Wednesday, 22 May 2013 in the Lion Auditorium of the Recanati Building, The Faculty of Management, Tel Aviv University.
The competing teams are required to prepare a strategic analysis of the dilemma facing an Israeli company operating in international markets, as presented in the case study which was specially written for the competition. The subject of this year's competition is Caesarstone, a company with two facilities in the center and north of the country manufacturing engineered quartz slabs for kitchen countertops and vanity tops, as well as other interior surfaces for residential and commercial applications. Caesarstone (CSTE) is traded in NASDAQ with market cap of $968m.
The international team of judges is made up of leaders of Israel's business community and researchers from the top business schools in Israel and abroad accompanying the teams.
The panel of judges of the competition, which is organized by the Faculty's Eli Hurvitz Institute of Strategic Management, will be chaired by Yair Seroussi, Chairman of Bank Hapoalim, and among its members will be Amnon Dik, Chairman of the Friends of Tel Aviv University, Chaim Hurvitz, founder of the CHealth investment fund, Yos Shiran, Casarstote C.E.O, Michael Sofaer representative of the Sofaer family and a businessman residing in London, Dr. Giora Yaron, Chairman of Tel Aviv University's Executive Council, and academics from the world's leading business schools.
Cambridge Judge Business School,England; Colegio De Estudios Superiores De Administraci'on CESA, Colombia; Copenhagen Business School, Denmark; Hong Kong University of Science and Technology, Hong Kong; Nanjing University, China; Recanati Business School, Tel Aviv University, Israel; Rotman School of Management, Canada; Technion - Israel Institute of Technology, Israel; The Hebrew University of Jerusalem, Israel; UCLA Anderson School of Management, USA; Wits Business School, South Africa; Yale School Of Management, USA.
According to Udi Aharoni, Director of the SICC, "strategic analysis by young executives from around the world is an academic challenge that incorporates the practical challenge of presenting a long-term strategic analysis for a company. Creativity and thinking beyond the well-known existing management models are critical for a winning strategy."
The case study was presented to the competing teams only three days before the competition, on Sunday, 19 May 2013. Prior to that date they didn't know the name of the company, nor they had access to the case study, which was specially written for the competition by a group from the Faculty of Management in cooperation with representatives of the company.
The three teams presenting the best analyses in the view of the judges will proceed to the final stage of the competition. The company will receive all 12 presentations after the competition.
The presentations of last year's SICC on the Babylon company were well received by the judges of the competition and by the Babylon management. In the past competitions have been held on large industrial companies, such as Makhteshim-Agan, Strauss, and Tefron; on telecommunications companies, such as Given Imaging; on internet companies, such as, Perion; and on start-ups, such as Kaiima, and ACE. Past case studies may be seen at: http://recanati.tau.ac.il/Eng/case-competition
For More information: Anat, [email protected], +972549509262
SOURCE SICC – Sofaer International Case Competition