Singapore, 7 April 2015 – Frost & Sullivan recognized and celebrated innovative young leaders at the Frost & Sullivan Public Sector Case Challenge 2015 held on 2 April 2015 at The Pod, National Library Building Singapore. This year’s challenge allowed existing undergraduates an opportunity to develop and present solutions for Salusia (a fictional country) to address its social security challenges.
“This case challenge seeks to provide the younger generation with an understanding and experience of addressing critical issues of national importance through policy interventions,” noted Shivaji Das, Senior Vice President & Global Head, Public Sector, Frost & Sullivan, Asia Pacific.
The 3rd edition of this annual event received strong support with 58 teams from tertiary institutions registering. Five of the most innovative teams were selected for the finals and mentored by consultants from Frost & Sullivan.
For the Case Challenge this year, the judges comprised of eminent thought leaders such as Dr. Michael Teng, Director of SMF Singapore Innovation & Productivity Institute (SiPi), Dr. Gilbert Tan, Associate Professor of Strategic Management, SMU, Dr. Yeo Lay Hwee, Director, EU Centre in Singapore, Mr. Thomas H. McNutt, Head of Government & Public Affairs, American Chamber of Commerce (Singapore) and Mr. Nitin Bhat, Partner & Head of Consulting, Frost & Sullivan Asia Pacific.
The teams were judged based on their logical reasoning and flow, innovativeness of the proposed solution, the feasibility of the proposed solution, and completeness of the submission.
Team Omega3 from the National University of Singapore and Team Almost Grads from the Nanyang Technological University emerged as the top two teams respectively. They received cash prizes of S$1000 and S$500. The winning team was also offered internship opportunities at Frost & Sullivan.
The quality of the submissions and finalists was heartening, according to the judges.
“I am very encouraged by the young people’s wisdom and understanding of the economy. They have highlighted some of the issues that are becoming increasingly relevant today, such as how to grow the economy,” said Dr. Michael Teng, Director of SMF Singapore Innovation & Productivity Institute (SiPi).