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Webster University Global Business Competition Announces Winners!
Webster University- Fayetteville team, David Cooke and Sara Russell, took first place honors in a worldwide business competition. Cooke and Russell received their $5,000 prize Thursday from Webster's Dean of the School of Business and Technology. Alumni and students from Webster's School of Business and Technology have been engaged in the competition to determine who is the most successful in managing and growing a business. What began as 46 teams from all over the world was narrowed down to six teams competing for $10,000 in prizes sponsored by World Wide Technology, Inc. The Fayetteville team was led by Webster University faculty member Don King, Ph.D. Cooke and Russell were competing with five finalist teams, another one of which was from Fayetteville and included Michael Needham and Shabbir Kahn, who placed fifth in the worldwide competition. Other finalist teams were from Jacksonville, Fla., Orlando, Fla., Hua-Hin, Thailand and Vienna, Austria. During the competition, teams compete to determine which executive management team can take their $100 million virtual company and make it into the biggest success. Components of the competition include strategy, research and development, marketing, production, finance and process management. Each team responds to challenges that require business decisions. The Capstone® Business Simulation software program being used is the leading online business management simulation. The Webster University School of Business and Technology has an enrollment of 15,000 students, supported by 2,300 faculty worldwide. Webster awards more master's degrees to minority candidates worldwide than any other university. Webster also awards more MBA degrees than any other U.S. university, and offers higher education at 45 U.S. military bases-more than any other university in the world. Dr. Benjamin Ola. Akande, dean of the university's School of Business and Technology is an enthusiastic proponent of the Capstone ® Business Simulation competition. During the Fayetteville ceremony, Akande said "The competition and the result for which we celebrate today is a validation of the substance and quality of a Webster MBA. It also affirms that our students and alumni can compete successfully in a global economy. David Cooke and Sara Russell successfully managed risk and at the end stood as the number one team in the competition. Well done!" "We are proud to sponsor this exciting challenge," said David Steward, chairman of World Wide Technology, Inc. "Congratulations to David Cooke and Sara Russell. With its global network of campuses, Webster is uniquely positioned to hold this type of learning competition. We believe it will help empower today's business students and prepare them to use technology to enhance their effectiveness."
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Founded in 1990 with headquarters in St. Louis, Missouri, World Wide Technology Holding Co., Inc. (WWT Holding), is a leading Systems Integrator providing technology and supply chain solutions to customers and suppliers around the world, with annual sales nearing $2 billion. WWT Holding, through its industry-specific operating companies, World Wide Technology and Telcobuy.com, specializes in helping customers rapidly build and deploy technology infrastructure on time and cost-effectively. For more information, please visit www.wwt.com.