AYSEA Business Competition - February 2016

On Friday 26 February at 6 PM all competitors (including two FIS teams) met at Hong Kong International School for the annual AYSEA Business Competition where we were all informed of the business case. It was definitely an interesting case in which we were introduced to the Hong Kong based company 'Fairtaste' and asked to look through a document on them and come up with solutions so that they could become a more thriving company. The challenge being that we had to identify their greatest problem and come up with solutions. We then were expected to return to HKIS the following day at 1:00pm to give a 15 minute presentation regarding the solutions we had devised - a time we soon found was not long enough to go into great depth the solutions we had come up with! The purpose of the AYSEA Business Case Competition was to give high school students the opportunity to develop critical thinking and presentation skills, learn about business and, in particular, how they can help society, something that both teams tried to keep in mind throughout creating the solutions. 
Although we did not win, we all really enjoyed entering the competition and it definitely gave us a more in depth knowledge of the struggles that businesses can come up with. One of the hardest parts of the competition was using the small budget of HKD10,000 to come up with solutions that would have a significant impact on the company and our approaches were very different, particularly due to our economics background!   Charlotte Scharpe and Lottie Williams, y12

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