Two CEIBS winners in Financial Times Business Education Awards
January 19, 2022. Shanghai – Two sets of CEIBS winners have featured in this year’s Financial Times Responsible Business Education Awards – a teaching case focused on protecting children from hazardous materials, and an alumnus who is helping reduce coal consumption in northern China.
The FT’s annual awards draw attention to examples of business schools focusing on society as well as profit, producing outcomes which help make the world a better place through various means such as influencing policy, fighting climate change or creating sustainability. The judging panel is comprised of FT journalists, and experts from the private, public and non-profit sectors.
CEIBS Professors Daniel Han Ming Chng, Byron Lee and Peter Moran, case research fellow Zhao Liman and research assistant Sun Heming developed a teaching case based on Daddy Lab, a Chinese social enterprise founded in 2015 by Wenfeng Wei. Daddy Lab has tackled the social problem of poor-quality and hazardous consumer products used by children and their families in China, and the CEIBS case outlines a typical dilemma faced by entrepreneurs of how to make an operation profitable whilst achieving its social benefit goals. The exemplar finished as a runner-up in the FT’s Teaching Cases Awards section. The same paper also won an award in the EFMD writing competition last year, and a similar accolade in 2020.
Meanwhile, CEIBS 2019 MBA Chaoxing David Fu received a “Highly Commended” award in the FT’s Alumni Change Maker section for his work as a full-time executive board member at the Gujiao Guosheng Coalbed Methane Company in Shanxi province. His work saw him form a partnership with the local government to move energy consumption in the region away from highly polluting coal, to natural gas. His current project is attempting to continue in the same vein by encouraging investment in gas-powered heavy goods vehicles rather than diesel.