2021 UVM Grossman School of Business, Schlesinger Global Family Enterprise Case Competition

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University of Vermont Grossman School of Business

Established 2013

January 2021

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WELCOME Welcome to SG-FECC 2021! On behalf of all of us here at the Grossman School of Business, it is my pleasure to welcome you to the eighth annual University of Vermont Grossman School of Business, 2021 Schlesinger Global Family Enterprise Case Competition(SG-FECC). The new name of the competition is due to the generosity of UVM alum Steve Schlesinger ’83. His support of SG-FECC will ensure that family business will continue to be an integral part of the curriculum here at the Grossman School of Business.

This year, due to the ongoing pandemic, we

SG-FECC is still the only case competition in the world solely focused on the issues surrounding family businesses. Our goal to host an event that not only provides an exciting and stimulating competition, but one that inspires all of us to build relationships and networks that deepen the understanding of family businesses, is unchanged.

We hope to return in-person next year and being

have had to transition the competition to an online virtual format. The good news is this will be the largest SG-FECC ever with almost 30 teams participating. I am looking forward to all of you bringing your unique worldviews and family business expertise to the competition. I would also like to thank all of our sponsors and those involved with making SG-FECC such a success over the years; we couldn’t do it without you.

able to welcome you to the world’s business school here in Burlington, Vermont. Best of luck in the competition! Sincerely,

Dean Sanjay Sharma, Ph.D.

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CONTENTS 4

Organizing Team

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A Global Competition

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Undergraduate Teams

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Graduate Teams

20 Sponsors

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Senior Leadership Committee Mitchell is a senior at the Grossman School of Business concentrating in finance and business analytics with a economics minor. He hopes to use his passion for entrepreneurship to work for a small firm that values teamwork and growth, ideally in the finance field. Outside of the classroom, Mitchell is the president of the UVM rugby team.

Mitchell Hutchins Senior Competition & Recruitment Chair

Elise is a junior concentrating in accounting and finance with a global business theme and minors in economics and psychology. Her goal is to be employed in a creative environment that promotes hard work and values dedication. When she’s not in class, Elise actively participates in the Accounting Club and the Women in Business Club.

Elise Cracco

Senior Judge Selection & Communications Chair

Amanda is a senior concentrating in marketing with an entrepreneurship theme and a minor in applied design. As a self-motivated and organized student leader, Amanda holds a variety of positions including being a TA for three courses in the business school. She hopes to begin her career working with a socially conscious firm where she can combine her entrepreneurial spirit with her analytical and creative thinking skills to develop innovative solutions to problems. In her free time, she enjoys riding horses and going to competitions, scuba diving, rock climbing, and baking.

Amanda Levi

Senior Media & Communications Chair 4


Meg is a human-capital centric and opportunity oriented senior concentrating in marketing with a theme of entrepreneurship. Meg is also President of the Grossman Student Advisory Committee to the Dean, Marketing Executive of the Women in Business Club, and Relations Chair for the Grossman Undergraduate Case Competition Committee. As an intern with the Vermont Small Business Development Center, she’s committed to helping empower entrepreneurs across the state. Meg aspires to use her degree to deliver sustainable and socially impactful work that changes the relationships between business and consumer.

Meg Scagnelli

Senior Sponsorship Chair Lindy is a senior concentrating in accounting and marketing with minors in both art and economics. She has served as a co-president of the Family Business Club for the past year and will begin UVM’s Accelerated Masters of Accountancy program (MACC) this coming spring. Outside of the classroom, Lindy enjoys a multitude of crafts like knitting, painting, and felting. When not in Burlington, Lindy loves to spend time with her family on their farm in southern Vermont.

Senior Social Events & Logistics Chair

Lindy Burch-Durkee

FECC has been one of the best experiences I have had not only within the Grossman business school, but at UVM as a whole.

-Ryan Waystack, FECC 2020 Senior Lead Coordinator

Organizing team 5


Junior Leadership Committee Dani aspires to work for a business that prioritizes global health, community development, and environmental ethics. She hopes to use her skills in data analytics, statistics, and anthropology to pursue a company that shares the same values. Overall, her goal is to continuously strengthen her workplace to create a sustainable business for all stakeholders to benefit.

Dani Schmidt

Junior Social Events & Logistics Chair

Julia hopes to utilize her business administration degree with accounting and finance concentrations to pursue a path in corporate law. She aspires to work for a firm or major corporation that shares my values and emphasizes corporate social responsibility. Julia would love to be able to do pro bono work on the side, allowing her to help those who are struggling in my community. Someday, she hopes to run her own firm.

Julia Grismore

Junior Judge Selection & Communications Chair

Hank hopes to use his degree in marketing and analytics to bring innovative, sustainable solutions to environmental protection initiatives through the use of artificial intelligence. In the long term, Hank hopes to work at an organization that values ethical business practices, commitment and extensive social initiatives.

Hank Caswell

Junior Competition & Recruitment Chair 6


Faculty & Staff Leads

FACULTY & STAFF

L-R: Nick Gingrow, John Turner, Pramodita Sharma, Linda Kruger, Thomas Chittenden

Organizing team 7


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A GLOBAL COMPETITI


ION

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SG-FECC 2021 welcomes:

153 competitors & coaches 64 judges 24 Grossman students 27 teams

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This is a first class event. It isn’t just about competition, but camaraderie, learning, sharing and meeting diverse students and judges from around the world.

-Jim Keller, Sponsor and Judge, USA

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UNDERGRADUATE TEAMS

ALABAMA STATE UNIVERSITY

Percy J. Vaughn, Jr. College Of Business Administration Primary Coach: Sara Kiser Additional Coach: Mario Zaino Team Members: Lezoghia MemberMeneh, Maryam Muhammad, Kimberly Thomas, Urska Velec

BISHOP’S UNIVERSITY Primary Coach: Bill Robson Additional Coach: Charlene Marion Team Members: Clara Cardaun, Vivianne Courte-Rathwell, Quinsea McKenna, Anna Veilleux-Malone

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EBS UNIVERSITÄT FÜR WIRTSCHAFT UND RECHT Primary Coach: Matthias Waldkirch Team Members: Katharina Jacobi, Anne-Sophie Klein, Jenna Stoll, Roxane Zander

GRAND VALLEY STATE UNIVERSITY

Family Owned Business Institute

Primary Coach: Ana Gonzalez Team Member: Ivette Bucio, Olivia Koster, Kenzie McFall, Lindsay Zavoral


MAASTRICHT UNIVERSITY Primary Coach: Anita Van Gils Team Members: Elisabeth Crailsheim, Théo Krins, Zoë Vierhouten

NATIONAL UNIVERSITY OF TAINAN Primary Coach: Chiung-Wen Tsao Team Members: Yi-Hsien Li, Tzu-Hsiang Lin, Hsin Wen

UNIVERSIDAD DE LOS ANDES

School Of Management

Primary Coach: Luis Diaz-Matajira Team Members: David Santiago Garcia Rojas, Maria Emilia Higuera, Diana Montenegro, Mariana Quintero

UNIVERSIDAD PANAMERICANA AGUASCALIENTES Primary Coach: Maria Galarza-Heras Team Members: Luciana Durán-Loera, Michelle Machado-Galindo, Jorge Martinez-Medina, Abril Sánchez-Alba

ROTTERDAM UNIVERSITY OF APPLIED SCIENCES

UNIVERSIDAD PANAMERICANA GUADALAJARA

Primary Coach: J.B. van (Hans) Oudheusden, B.C. (Britta) Stoelinga Team Members: Krisztina Kovacs, Claudio Pauwels, Tessa Romviel, Olivier Vrijenhoek

Primary Coaches: Carlos Iván Ayala Araujo, María Begoña Cota Mendia Team Members: Regina Lara, Isabella Lemmen Meyer, Pablo Tamayo Morales, Salvador Romero Vega 13


UNIVERSITAS PRASETIYA MULYA

grOssman schOOl OF Business

Primary Coach: Sonny Agustiawan Additional Coach: Henry Pribadi Team Members: Tiffany Goenawan, Michelle Lim, Felicia Christal Palar, Billy Tjahjadi

Primary Coach: John Wilking Team Members: Joseph Consorti, Susie Graham, Jenna Nadasdi, Emma Rainard

UNIVERSITY OF HAWAI’I AT MĀNOA

WILFRID LAURIER UNIVERSITY

Shidler College of Business

Lazaridis School of Business and Economics

Primary Coach: Constancio Paranal Team Members: Stefani Sakamoto, Tiana Tran, Justin Yago, Michelle Yim

Primary Coach: Sean Cameron Team Members: Alexander Clayton, Rona He, Grant Meaney, Sophie Ziomecki

UNIVERSITY OF TORONTO Rotman Commerce

Primary Coach: Linnet Kocheril Team Members: Richard Adashkevich, Maria Diogenous. Erin Jia, Annabeth Lin

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UNIVERSITY OF VERMONT

School of Business and Economics


#SGFECC2021

“I want to applaud you on all the work you did to organize the moving parts. From the outside it looked seamless and it spotlighted the strength of the UVM faculty and students.” -DANNA GREENBERG BABSON COLLEGE

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GRADUATE TEAMS

FUNDAÇÃO INSTITUTO DE ADMINISTRAÇÃO

NATIONAL SUN YAT-SEN UNIVERSITY

Primary Coach: Selma Vasquez Additional Coach: Talita Zanelato Team Members: Vinicius Chaves Bégio, Rafael Camielli, Gabriel Mazzone, Gustavo Pesciallo

Primary Coach: Shyh Jer Chen Team Members: Wen Ru Hsu, Yen-Chu Lai, Stan Tsai

HEILBRONN UNIVERSITY

NORTHWESTERN UNIVERSITY

Primary Coach: Joachim Link Team Members: Katharina Marie Fröhlich, Sophie Kochendoerfer, Pia Schaeper, Leon Sentis

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Kellogg School of Management

Primary Coach: Jennifer Pendergast Additional Coach: Jose Liberti Team Members: Anne Frazier, Ted Gottwald, Wannakarn Loyrithiwudthikrai, Samuel Usdan


PPM SCHOOL OF MANAGEMENT

UNIVERSITAS PRASETIYA MULYA

Primary Coach: Ningky Munir Additional Coaches: Aprihatiningrum Hidayati, Joni Phangestu Team Members: Afsal Arief, Diatrhi Windrasari Hastono, Vianna Maria Ursula, Ahdiat Permana

Primary Coach: Henry Pribadi Additional Coach: Sonny Agustiawan Team Members: Axel Gian Aditama, Jeffrey Dihardjo, Justin Wijaya, Stephanie Darmawan Wijaya

SASIN SCHOOL OF MANAGEMENT Primary Coach: Nick Pisalyaput Additional Coach: Tanachote Vongsurbchart Team Members: Vuthiporn Chinchanachokchai, Natchapol Rungnittrakul, Thanatcha Tangamonsiri, Pongtum Thavaramara

UNIVERSIDAD FRANCISCO MARROQUIN

School of Business and Economics

UNIVERSITAT RAMON LLULL

Esade Business School

Primary Coach: Maria Jose Parada Team Members: Natalia Bautista, Daniela Betancourt, Aline Franzner, Camila Oriol

UNIVERSITY OF OTTAWA

Escuela De Negocios

Telfer School of Management

Primary Coach: Jaly Chea Team Members: Paulina Bosque, José Cabrera Rodas, Karoll López

Primary Coach: Peter Jaskiewicz Team Members: Anjaney Agashe, Arun Subramanian Anandaramakrishnan, Soumi Sarkar

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UNIVERSITY OF VERMONT

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WHU

Grossman School of Business

Otto Beisheim School of Management

Primary Coach: David Mount Team Members: Anna Dechert, Melina Harris, Alicia Rodriguez, Leonard Schloer

Primary Coach: Julia de Groote Team Members: Max Büchler, Niklas Franz, Florian Striebel, Daniel Welz


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Sponsors Steve has been in the marketing research industry for over 35 years, starting his career as a project manager and then working his way up to lead Schlesinger Group for the past 25 years. As a leader within his company, Steve has created the strategy and vision for Schlesinger Group as the world’s leading data collection company.

Class of ‘83

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I had a great undergraduate experience at UVM, filled with wonderful experiences that helped form my journey over the next four decades. I wanted to do something more to create a lasting legacy around family business. - Steve Schlesinger, USA Class of ‘83

STEVE SCHLESINGER

He served for 8 years on the board of the then Marketing Research Association, finishing his tenure as the Secretary of the Board. He is a founding member of the Insights Association CEO Summit and continues his involvement, co-chairing the events.


ADAM IFSHIN

Adam Ifshin is Founder and CEO of DLC Management Corp., which he founded in 1991. Since then, he has grown DLC into one of the nation’s premier owners and operators of retail real estate, and one of the most active acquirers of assets with value added potential. Mr. Ifshin oversees DLC’s acquisitions and dispositions, capital markets activities,redevelopments, joint ventures, and corporate strategy. As a principal, he has been involved in over $4.5 billion of real estate transactions. Mr. Ifshin received a BA, cum laude, from Williams College, with honors degrees in economics and history, and was elected to Phi Beta Kappa. Steven Grossman, a 1961 graduate of the business school, was the CEO of Southern Container Corp., a manufacturer of custom corrugated packaging and a business started by his grandfather in 1904. Since 2010, he has been a trustee of the Grossman Family Foundation of Cos Cob, Conn., a charitable organization. He is a member of the UVM Foundation Board of Directors and Foundation Leadership Council; former member of the Business School Board of Advisors 1985-1998; and has been a business school guest speaker on several occasions.

STEVEN GROSSMAN Class of ‘61

JIM KELLER Class of ‘72

Jim Keller is the President of Green Mountain Business Consultants, a consulting business solving a diversity of issues for International enterprises. He is also President of Rengo Packaging Inc. a packaging manufacturer located in Honolulu, Hawaii. Mr. Keller received a Bachelor of Science from the University of Vermont. He received his Masters of Business Administration from Dartmouth College. Mr. Keller is currently the Chairman of Board of the University of Vermont Foundation and the Indigenous Education Foundation of Tanzania, which provides for co-education opportunities in rural Tanzania Communities.

& THE GROSSMAN FAMILY FOUNDATION

Lisa Lehan ‘88 is a lawyer and C.P.A. She graduated from UVM with a BS in Business Administration and from Suffolk University Law School with a Juris Doctor. She has been honored to volunteer her services for many charitable organizations over the years. Lisa is currently working for Compass Working Capital, which supports families with low incomes to build assets and financial capabilities as a pathway to greater economic opportunity and out of poverty. THE LEHAN FAMILY Class of ‘88

Robin and Chuck Tauck are both UVM alums and have been heavily involved in the leadership of Tauck, Inc., a third-generation global travel company offering luxury land, small ship cruising, river boating, event and safari travel since its founding in 1925.

ROBIN TAUCK Class of ‘77

CHUCK TAUCK Class of ‘76

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SPONSORS EVENT SPONSORS

CASE SPONSORS

CASE COLLABORATOR

MEDIA SPONSOR

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- Ramia M. El Agamy, Editor in Chief, Tharawat Magazine United Arab Emerates & Switzerland

The FECC combines what are two of the most important factors contributing to family business sustainability: A motivated next generation and an innovative approach to education. We have greatly enjoyed watching this event grow year by year and become the global success it deserves to be.

CASE SELECTION COMMITTEE Mira Bloemen-Beck (Chair)

Dean Institute of Future Environments Hanze University of Applied Sciences, Netherlands https://www.linkedin.com/in/mira-bloemen-bekx-07150b17/?originalSubdomain=nl

Albert James

Associate Professor Rowe School of Business Dalhousie University, Canada https://www.dal.ca/faculty/management/rsb/faculty-and-staff/our-faculty/albert-james.html

Allison Pearson

W.L. Giles Distinguished Professor of Management (retired) Mississippi State University, USA

Karen Vinton

Professor Emeritus Jake Jabs College of Business and Entrepreneurship Montana State University, USA

Donald Randy Waesche President – CEO Resource Management, LLC www.rmiadvisors.com

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Established 2013

Join the Conversation

#SGFECC2021

Grossman School of Business University of Vermont Kalkin Hall 55 Colchester Ave. Burlington, VT 05405 uvm.edu/business

Contributing Photographers: Andy Duback Amanda Levi Sally McCay


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