This year, UBL is expecting a direct engagement with over 600 students in the first round
With a view to developing leadership quality and analytical skills for the future among the youth, Unilever Bangladesh Limited's (UBL) flagship business case competition ‘BizMaestros 2021’ kicked-off on Sunday.
The competition's official website went live on the day, where students can register their business cases for the evaluation, according to a press release.
Marking the milestone of 11 glorious years in providing students with the thrill of real business, BizMaestros returns this year with the theme - “Navigating in the New Normal."
One of the largest FMCG companies of the country, UBL with the proposition of “Join the League of Future Leaders” promises to provide the youth with opportunities to develop and elevate themselves to become the leaders of tomorrow.
This year, UBL is expecting a direct engagement with over 600 students in the first round.
Last year, the company engaged with more than 30 universities across the nation, where over 400 students in 145 teams participated in the first-round of BizMaestros last year.
The first round will focus on the context of the new normal, highlighting significant shifts in the consumer landscape and how Unilever’s purpose-led brands can have dynamic way to connect consumer to drive sustainable business growth.
Three-member teams hailing from the same university will submit their solutions.
Second round will be a live presentation assessment round, where 30 qualifying teams, selected from the first round, will present their individual solutions virtually to the judges.
They will be aided with mentoring and learning sessions in this stage.
After the virtual two rounds are over, ‘BizMaestros 2021’ will conclude with a grand physical finale, where top six teams will compete against each other for the championship.
They will have top corporate leaders of this age as their judges.
The panel of judges comprised of renowned business leaders, including: Rupali Chowdhury, managing director of Berger Paints Bangladesh Ltd.; Syed Nasim Manzur, managing director of Apex Footwear Ltd.; Zaved Akhtar, chief executive officer and managing director of Unilever Bangladesh Ltd.; and KSM Minhaj, managing director of Unilever Consumer Care Ltd.; will announce the name of ‘BizMaestros 2021’ champion and runner up teams officially.
The champions will have the unique opportunity to represent Bangladesh in the Unilever Future Leaders League (FLL 2022)– the global competition of Unilever that happens in the UK every year where champion teams from across the world battle it out to win the global championship.
The champions will also get fast-tracked in the recruitment process for Unilever's flagship Management Trainee program, the Unilever Future Leaders Program (UFLP.)
The top 3 teams of the competition will also be provided with the opportunity to avail an internship program under ULIP (Unilever Leadership Internship Program.)
Apart from the top 3 teams, those who qualify for the second round throughout the competition will be in the talent pipeline of future recruitment opportunities in Unilever Bangladesh.
"BizMaestros is the gateway for students to experience the thrill of real business, receive quality mentoring from industry leaders and gain access to recruitment opportunities at Unilever Bangladesh. Through this competition, we have identified some of the brightest young minds and molded them into future leaders," said Sakshi Handa, human resource director of Unilever Bangladesh Limited.