The young ONGC team, comprising of Mr Swapnil Jaikar and Mr Ashish Mishra, shined on stage and walked away with the prize money of US$ 5000 at the Bizethics Competition Final at the 3rd WPC Youth Forum on 2nd November 2010 at New Delhi. Swapnil is a Material Management Officer and Ashish, an Electrical Engineer, with ONGC, Mumbai. These two professionals defeated the student teams from IIM-Kozhikode and ISM-Dhanbad at the finale.
The ONGC Team with the dignitaries during Prize Distribution
The Final was based on the real life case of BP Oil spill in Gulf of Mexico that had a significant impact on the conduct of oil corporations and businesses worldwide, leading to significant social, economic and environmental consequences.
At the Finale, the three teams played out three different agencies and presented their perspectives on the case. Team ONGC, which represented an Environmental Protection Agency, provided valuable insights on how an environmental protection agency can be more effective and what role it should play to prevent such disasters in future.
Team ONGC during their presentation
The other two teams also convincingly presented their views on various issues pertaining to the disaster, like critical lessons learnt, responsibility of government and companies, & preparedness towards such catastrophe. The teams also touched upon the need for more R&D in Oil sector and impressed upon utilizing technology for making operations safer.
The eminent Jury Members for the Bizethics Final were Mr. Sakaram Soumayaji, Fellow and Area Convenor-TERI, Dr. Diwakar, GM(Carbon Management Group)-ONGC and Mr. Dinesh Aggarwal, Senior Manager-Deloitte. The teams were judged on their understanding of the issue, consideration of ethics and justice while framing responses, articulation (not just the language but flow of thoughts and ideas), innovation and creativity-going beyond the usual and bringing in new insights to the case. Team ONGC scored the highest points, both with the Jury as well as the Audience, who voted through voting meters.
The other two finalist teams were also highly appreciated for their impressive presentations. The 1st Runners-up, Team IIM Kozhikode comprised of Mr Nibin Isaac and Mr Banty Dass, and 2nd Runners-up, Team ISM, Dhanbad consisted of Mr Pankaj Prashant and Mr Prasun Singha.
Teams IIM-Kozhikode & ISM-Dhanbad during their presentations
Earlier, the preliminary round of Bizethics was conducted through online activity, where a case study prepared by TERI was posted on the website, and responses were sought from the teams registered for the event. More than 50 teams, including professionals and students, participated in the competition.
