A cross-B-school business and finance competition to provide students with an opportunity to explore their creativity and to write their future!
In the current world of constant change debate over whether to include economic, social and sustainability into a business strategy is no more an alternative. The message of the COP26 summit is clear – sustainability is a key method of business that creates lasting value. Being aware of the environmental, social and corporate governance (ESG) concerns is more important.Hindustan Unilever, India’s largest FMCG with more than 50 brands, is part of the daily lives of millions of people across India and is committed to making sustainable living a common practice. HUL is pledging to lead in the field of sustainable business, showing how their purpose-driven future-focused business model results in high performance and delivers consistently profitable, competitive and sustainable growth.
To connect with the most brilliant minds in the constantly changing and competitive field in Finance, HUL is organising FinAce Season 6 in association with CNBC-TV18. The theme of “Driving Superior Business Performance – The Sustainable Way”.
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“As finance professionals are, we have a special function in enabling businesses to fulfill its responsibility. We facilitate this by enabling the dynamic allocation of resources to ensure improved productivity and a better control environments, making strategic choices to increase P&L as well as unlocking the value with understanding and new strategies for business.” This is the view of Ritesh Tiwari, Executive Director Finance, HUL, as well as CFO South Asia Unilever, during the FinAce Season 6 launch event. He is convinced the two aspects of doing good and being successful are inextricably linked, and effective business strategies incorporate both.
As a place to train future entrepreneurs, HUL has been building finance professionals who have strong business acumen, the ability to react to evolving market conditions and a clear vision of what they want to achieve in order to make a significant changes to the business and the function. In FinAce, the FinAce case competition teams will be expected to evaluate the most important investment decisions and viable choices based on the various pricing options and marketing, as well as product innovation. The competition will get people contemplating how to increase profits for a company and make sure we are doing what is best to the customer, and the environment. Furthermore, it offers participants with an opportunity to move just one step further towards the workplace setting and face real-world business challenges.