Zurich Enterprise Challenge 2018


Enter the Competition

What is the Zurich Enterprise Challenge?

  • 1
    Crack the Case
    By solving a generic case study your team will be introduced to the Zurich Risk Room tool, learn how to use it and improve your understanding of risk analysis and management.
  • 2
    Partner Projects
    Your team will be invited to collaborate with a selected Zurich multinational customer to solve a real corporate case. Your team will have to manage the relationship with the customer and provide a solution to the corporate challenge.
  • 3
    The Summit
    Your team will have the opportunity to pitch your project and present your solutions to the business executives attending the Zurich Global Risk Management Summit in Berlin, Germany and earn their vote.

Why should I take part in the Zurich Enterprise Challenge?

  • You will get the chance to solve real-world corporate challenges.
  • You will have the opportunity to work with Zurich and one of their prestigious multinational customers. Companies, such as Syngenta, Kimberly-Clark, Lendlease, Philips, Kuehne + Nagel, Coca-Cola HBC, Nestlé, Mars, CBRE and other Fortune 500 companies have participated in the Challenge so far.
  • You will have access to an award-winning country risk assessment tool, the Zurich Risk Room, to support your risk analysis.
  • You could have your pitch evaluated by the renowned members of Project Firefly's Academic Review Board, Zurich experts and leading corporate professionals.
  • You could be invited to attend and present at the Zurich Global Risk Management Summit in Berlin, Germany.
  • Your team could win a cash prize worth CHF 5’000.
  • You could be invited for an interview with Zurich for a position.

Who should participate in the Zurich Enterprise Challenge?

The Challenge is designed exclusively for enrolled Masters, MBA or PhD students from any university worldwide. Students graduating in 2018 are also eligible for the Challenge. Any student, independently of his/her area of studies, interested in management, finance, strategy and risk management is encouraged to participate.
This is a team challenge for teams of 3-4 members. All participants are required to register a profile on the Project Firefly website. Multiple teams representing the same university can also join the Challenge.

How do I register for the Zurich Enterprise Challenge?

Create your personal Project Firefly profile here. All team members are required to create a Project Firefly profile.

Select your team members (3-4) and assign a team captain. The duties of the team captain will be to manage the communication with Project Firefly and submit your presentation. The team captain is required to register the team by filling out the message here.

Should you encounter technical difficulties with the link, please send your team registration to zurich@project-firefly.com including a list of all team members and university names indicating who the team captain is and your team name.

The deadline for registrations is April 22, 2018. However, we encourage you to register as early as possible in order to receive any additional materials for Phase 1 as soon as possible.

How long will the Zurich Enterprise Challenge take?

Your team has eight weeks from the announcement of the topic on Monday, February 26 to Sunday, April 22, 2018 to submit your solution to the case.

Your team will have 5 weeks to complete Phase 2, at a time to be agreed during the period of May 28 to July 29, 2018 depending on the availability of the Zurich customer’s representatives.

If you qualify to attend the three-day Global Risk Management Summit in Berlin, Germany from 25 to 27 September 2018, you should also account for sufficient time to travel to and from the conference. Prior to the conference you will work together with the Zurich team to further refine your presentation.

What should our team deliver in each Phase?

  • Submit a voice-over PowerPoint presentation that lasts a maximum of six minutes.

  • Submit a PowerPoint presentation containing the analysis undertaken and your recommendation(s) to your partner company’s case study, including any necessary explanations, additional information and appendices. Your team’s presentation should be:

    • Prepared for an audience at company board level.

    • Appropriately structured so that it could be used in a 20 minute presentation.

    • In English

    Complete a live video conference which will include a 20-minute presentation and a 10-minute Q&A session with your partner company and Zurich.

    In exceptional circumstances, if the team is not able to attend a live video conference, they will be allowed to submit a pre-recorded video of their team presentation. However, in this case the teams will need to obtain prior approval from Zurich.

  • While attending the Global Risk Management Summit in Berlin your team will be given 15 minutes to present the most relevant aspects of your project to the global business executives in attendance and earn their vote.

What else should I know about Phase 1 of the Challenge?

  • You will have to create a voice-over PowerPoint presentation.
  • As the case study is generic and the involved company is fictional, you will be provided with the company's description and additional figures that could help you.
  • The Zurich team has created a demo version of the Zurich Risk Room tool for you to deal with the specific case.
  • An email with Phase 1 results will be sent to the team captain by May 14. Please make sure to add the email zurich@project-firefly.com to your contacts, so that the email doesn’t end up in the spam box.

What else should I know about Phase 2 of the Challenge?

  • The 20 best teams from Phase 1 will be invited to Phase 2 in order to work with one of Zurich’s multinational customers on solving a customer-specific case study.
  • Your team will get full access to the Zurich Risk Room tool, used by risk management specialists around the world, in order to solve your case study.

Timing and matching of student teams and Zurich customers

Phase 2 takes place over 5 weeks within the period of May 28 to July 29. The Zurich team will do their best to accommodate the preferred 5-week window of each student team, however dates cannot be guaranteed and depend on the availability of key Challenge stakeholders of the team’s partner company.
The Zurich team will match student teams with Zurich customers. Each Zurich customer will work with 2 teams, both teams will receive the same challenge question. All decisions made by Zurich and their participating customers will be final and binding.

Phase 2 competition tools and materials

  • At the start of your 5-week period you will be given the case study from your partner company and access to the full Zurich Risk Room tool and support materials.
  • Depending on the case provided by each Zurich customer, there may be additional material.
  • Zurich customers reserve the right to ask teams to sign a non-disclosure agreement.

Communication with Zurich customers

The Zurich team will oversee all communications between teams and Zurich customers.

Teams will interact with their assigned Zurich customer via scheduled conference calls and email correspondence (to be agreed with Zurich), no travelling or other expenses by the students will be required.

Phase 2 Results

Phase 2 results will be communicated by the Project Firefly team by August 27 at the latest.