By Professor Michael Lynch
The Annual PwC Challenge has recently concluded on campus this past Monday, October 30th, 2017. This competition provides students with the opportunity to apply classroom knowledge to real-world business situations. This year’s case involved a mid-western convenience store which represents nearly 2,000 locations, that wanted to automate its checkout machines and increase its total number of stores by 20% by the year 2025. The students were asked to provide an analysis of the costs and benefits of moving to automation and to recommend alternative approaches for funding both short and long-term growth.
This year, there were a total of ten teams, each containing four to five Bryant students per team. Each team had a PwC full-time employee as a mentor, as well as an on-campus student ambassador to assist the students throughout this project. The teams were given the case on October 16th and had two weeks to develop a strategy. On October 30th, each team presented its findings to a team of Boston based PwC professionals. The teams were judged based on a combination of their critical thinking skills, communication skills, and overall teamwork.
This year’s winning team, whose members each won $250, was announced at a reception following the competition. The winning team consisted of:
Joseph Rinaldi – Junior
Alexander Kimmel – Sophomore
Daniel Plumeri – Sophomore
Alex Trombetta – Sophomore
Richard McLaughlin – Mentor
Isabel Anglero – Ambassador
Bryant has now participated in the PwC Competition for the last thirteen consecutive years. Professor Michael Lynch of the Accounting department has supervised this event for the past eleven years. According to Professor Lynch; “Students gain insights into dynamic global and national business problems. They learn how to research, understand and explain technical issues to members of the CPA profession.”
PwC is currently the number one recruiter on the Bryant campus. Robert Calabro, class of ’88 and a member of the Board of Trustees, served as one of the judges at the event. PwC employs over 300 Bryant Alumni, twenty or so of whom are current or retired partners.
In a nutshell, being a participant in the competition is a wonderful line on one’s resume. It shows that you are a critical thinker, a good listener, and an overall team player.