CoreNet Global is pleased to announce its 2021-22 Academic Challenge sponsored by Cushman & Wakefield, KI Furniture, and IA: Interior Architects. The goal of this global competition is to raise awareness of corporate real estate as a viable career opportunity amongst college students of all academic disciplines, to connect local chapters and members of the association with future talent, and encourage more universities to include corporate real estate in their curricula.
We invite students from around the world to think creatively about a problem facing real estate professionals for renowned companies like Google, Duke Energy, AstraZeneca, Whirlpool, and many others.
You and your teammates will engage in a contest with competing institutions from all over the globe. Your job is to address challenges like creating an employee experience that attracts millennials while retaining all other generations of employees; or reducing the gap between the speed of business and the typical speed of real estate.
Budding professionals welcome! We’re seeking your ingenuity and creativity. The competition is open to all students (undergraduate/graduate, full-time/part-time) who are currently registered at a recognized university.
A Student Competition
Student teams from universities and academic institutions around the world are invited to compete in an academic challenge wherein students are asked to play the role of an internal corporate real estate team in order to address a real-world issue facing companies around the globe: Your team is charged to create strategies that align their company’s global real estate portfolio with a focus on environmental stewardship in a post-pandemic culture. Specifically, your team must develop a proactive strategy that identifies the aspects of the company’s global real estate portfolio which contribute to climate change and prepare strategies to mitigate and replace them.
How can corporate real estate professionals take a leadership role in helping their companies solve what is becoming an existential crisis? Will there be a lasting impact of the COVID-19 lockdown and forthcoming health and safety protocols and practices on the environment and climate change?
Three teams, with a minimum of two (2) and a maximum of four (4) students each, will be selected to compete. Interested students will be required to submit a registration form, respond to several questions, and create a compelling presentation as discussed in the Competition Brief.
A jury of corporate real estate professionals will select the teams to compete in the final round.
The winning team will be awarded US$5,000.
Once registered, your team will be assigned a corporate profile including revenue, demographic, portfolio, and strategic information to help get you started.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
The competition is open to students of all disciplines pursuing a Bachelors or Masters degree at a recognized degree-awarding institution, such as a University, Grande École, College or Fachhochschule, hereafter referred to as “University,” on a full-time or part-time basis. Each student must be currently enrolled in classes at their host university throughout the competition, and not have more than 7 years prior professional experience.
Employees of CoreNet Global and their family members are not allowed to enter the competition. Also, students currently involved in an internship, apprenticeship or summer placement with CoreNet Global are not eligible to take part in the competition.
A competition registration website will be available no later than August 2020; the final registration date for the competition is identified elsewhere. Once registration is completed, a registration confirmation email will be sent to the Team's Primary Contact. Incomplete registrations may be discarded. There is no fee to register and teams may only register once.
TEAM SIZE & ELIGIBLE PARTICIPANTS
The competition is open to teams of two (2) to four (4) students; team members may be from different academic programs within one institution, and/or teams may be comprised of students from more than one institution.
Ideally, each team should be comprised of a diverse range of students from different disciplines, such as (and not limited to) architecture, business, construction, engineering, facilities management, finance, interior design, and international business. Interdisciplinary teams may have an advantage when it comes to addressing this challenge.
Each team must have a faculty advisor from their home institution, and their contact information must be included on the team’s registration form. In addition, each team must appoint a Team Leader. The Team Leader will be the main contact point for CoreNet Global, and emails sent to the email address provided by the Team Leader will be considered delivered.
The three (3) highest-ranking submissions will advance to the Final Round; please note that teams will NOT be required to present during Round One.
SUBMISSION REQUIREMENTS & CRITERIA
To participate in this competition, student teams must register on the competition website; teams must register by 30 November 2020. Upon receipt of the completed registration, CoreNet Global will confirm your registration and assign you a corporation in either the financial services or high tech industry on which you must base your submission.
As part of the registration process, each team must respond to the questions below and provide all requested contact information. Please limit your responses to no more than 350 words each.
Based on the challenge described above, how will your team prepare to compete? What are your plans to research corporate environmental impact and the impact of the pandemic?
Submit 5-10 questions that you would like answered to better understand the challenges and opportunities of this project.
What unique strengths does your team possess that will enable you to deliver a sound strategy to the CEO? What makes you a winning team and why should you be selected to compete?
In your team’s opinion, what is the single greatest challenge facing multinational corporations today? What is the single greatest opportunity facing multinational corporations today?
Deadline: September 15, 2021
Cost/funding for participants:
Non-Member finalists, including their faculty advisors, will be given complimentary student membership in CoreNet Global (retail value: $25) and a copy of The Essential Guide to Corporate Real Estate (retail value: $49.99). The winning team will receive US$5,000.