January 28, 2011
The HEC Montréal team was among the 45 selected to take part in the next phase of the prestigious Citizen Act competition organized by the Société Générale, a major player in the financial industry. The one-of-a-kind event is an international business game designed to train students in the responsible banking practices of tomorrow. The students are to come up with a novel and achievable project to improve banking practices, based on principles of corporate social and environmental responsibility.
The objective of the game is to organize an interactive human encounter allowing students from different universities around the world to engage, along with the Société Générale, in its efforts to address social and environmental problems.
All in all, 249 teams from 37 countries submitted proposals. The HEC Montréal team was the only one from North America selected by the jury, and now moves on to the second phase. The team consists of Jonathan Colombo, MSc in Management, Patrice Camus, Graduate Diploma in Management and Sustainable Development, and Renaud Dumouchel-Fournier, BBA in Management.
In the coming weeks, during their training period, they will be able to draw on the expertise of coaches and experts from the Société Générale. They will have to come up with a concrete proposal for improving the responsible banking practices of tomorrow. They hope to be one of the ten finalist teams that will present their proposals to the jury in Paris in April. The winning team takes home a 5,000 euro prize.
Until March 6, the team will be keeping and promoting a wikiblog at the School, on the theme of their choice related to social and environmental responsibility. The blog will be a source of valuable information, contributing to their reflections on this topic in order to get the most out of the training experience – for the students themselves and for the entire HEC Montréal community. The team's performance also depends on the traffic the wikiblog will generate, so a good way to encourage their efforts is to visit the website !