theherochallenge.in Hero Challenge Contest 2015 : HeroMotoCorp Ltd

Organization : HeroMotoCorp Ltd
Competition Name : Hero Challenge Contest 2015
Applicable For : Students
Applicable States/UT : All India
Competition Last Date : 17th September 2015

Website : theherochallenge.in/index.html

Hero Challenge Contest 2015:
“THC” is based on a much larger exercise of Scenario Planning that the company carries out from time and again projecting on future trends or scenarios that is likely to happen in any given field – commuting, tax structure, legal structures, economic policies etc – and how it would impact the company.

Related / Similar Contest : Hero CoLabs Global Design Challenge 2021

In the event of such a scenario, what must the company do to remain competent & viable in such a scenario. THC is an attempt to understand new and diverse perspectives, approaches towards scenario building albeit at a smaller scale from some of the best minds of the country at leading business schools of India on a specific theme.

It is a team based competition where they would have to create a picture of what the scenario would be, by looking at past trends, black swan events and disruptions from the present and project them for the future. Within the picture they create for the future, they will have to create a future for Hero MotoCorp. They have to come up with a result for the defined time frame (which will be defined in the theme/topic) and work backwards to focus Hero MotoCorp’s resources into a plan to achieve that result.

The winning team is the one with the most believable and well researched image of the future and the most workable plan for Hero. The final round will be judged by senior management that has worked on past scenario planning exercises.

Team constitution:
** A team of three can be formed and can have a mix of both 1st year and 2nd year students
** Teams can comprise of students from any specialization – Marketing/Finance/HR/IT/Operations
** Participants should form teams within their campus only

Working on the theme:
** Eligible teams would be expected to work on one of the two themes provided andbegin their research

** Teams will be given four (4) weeks, from the day of launch, to work on the theme that they choose out of the two

** In the first round, teams should present their research work in a word document not exceeding more than 12 pages. Incase teams wish to support their research work with a presentation or a video, the same can be uploaded as well

** Teams must include an executive summary at the beginning of their research document of not more than one page

** Teams must keep in mind that while working on the theme/topic they must be able to project the future and work backwards to focus HMCL’s resources into a plan to achieve that result

** Teams must provide proper citations and references in their document

** The last day of submission of entries will be communicated on the website. We request the teams to upload their entries a few hours before the specified time as there could be high traffic around the Last Date.

** Shortlisted teams will be announced on the THC website/ THC Facebook page.

** Final teams will further get one week’s time from the date of announcement of the teams to work on their final presentation.

** Final Teams will be invited to Delhi for presentation to Jury.

** Final teams will be given 30 minutes to present their research and their recommendations to Hero Motocorp. A 10 min Q&A round would follow from the panel and audience.

** Teams must be present in full strength for the final round.

Terms & Conditions:
The Hero Challenge Contest (hereinafter referred to as the “Contest”) is a value added participation-based contest promoted by HeroMotoCorp Ltd. (“HMC”) for voluntary participation by student(s) of leading business school(s) of India (institutions as more specifically defined under Annexure A) (hereinafter referred to as “Participants”) who wish to voluntarily participate in “Teams” (as stated under clause 4) by submitting their entries through online participation; in the manner and subject to such terms and conditions as stated herein below.

The Contest is intended to offer an opportunity to the Participants/ students to participate through Teams (defined herein); whereby each Team will be submitting a case study on any one of the topics (from the selective two topics/ theme as provided /mentioned on the Website/registration form) in relation to the business planning/scenario building exercise to project the past, present and future trends in the market and its implication/ impact upon HMC. In other words the Teams of Participants will be required to submit case studies of a scenario/ theme for HMC that will impact HMC and accordingly indicate the manner & planning that HMC should adopt in such a scenario.

This Contest is valid and being run for a period commencing from [31st July.] to [17th Septmeber] the days inclusive (hereinafter referred to as the “Contest Period”).

It is clarified that participation in the Contest can be done only through a group of students (as a team) which shall comprise of 3 students in each team with a designated team leader for each group (hereinafter each group to be individually referred as “Team”). It is further being clarified that each Team shall comprise of students of the same institution even though the students may be part of different academic programme(s)/ course(s) or even though they may be part of different academic years/ levels/ semester(s) in the said institution/ school/ campus. For E.g. students pursuing different courses and being part of different academic year/ semester in the same institution can constitute a Team, however under no circumstance a Team can be formed without any student/ Participant or students from different colleges/ institution.

Further in order to launch, communicate and publicize the Contest, HMC will be sending emails to the students/ Participants (on their official college ID) and also to the placement committee of each of the institutions. Also HMC will publicize and advertise the Contest by way of putting relevant banners/ posters at the college campus and also sharing information by way of uploading the same on the facebook/ twitter page and official website of HMC. Participants/ students can also download a mobile app specially designed for participation in the Contest.

The Contest is exclusively sponsored and/or administered by HMC and that no third party interest (including that of any business school/ institution etc.) will be created and/or associated under the Contest.

The Contest is being run on the website created by HMC located at the URL www.herochallenge.in (hereinafter referred to as “Website”) which will specify the details of the Contest, its registration process and the manner in which the Participants can submit their entries.

In order to participate in the Contest, each Team through their team leaders or any other team member will have to register themselves on the Website or on the designated mail ID as provided by HMC by way of filling up a registration form. The registration form shall categorically state the name(s) of each team member (along with their respective college mail ID’s) and the concept/ topic for case study selected by the Team. The Teams through their team leaders/ team member will have to duly sign a declaration as provided in the registration form to the effect that participation to the Contest will be strictly in compliance with the terms and conditions as stated herein. Upon receiving the interest and registration form duly filled by the team leaders/ team member(s), HMC will send back a verification link to the official mail ID of each of the Participants/ Team members and the Participants will be required to verify by clicking the verification link provided therein by HMC. It is being clarified that no Team will be permitted to participate unless all the team members/ Participants have completed the registration process in the manner as stated above.

It is further being clarified that a team member/ Participant of a registered Team cannot be a part of any other Team (whether registered or non- registered). In other words there is a restriction upon team members/ Participants to be a part of more than one Team. Further in case upon registration, if any Team fails to submit/ upload or provide their research work/ case study in the manner and within the time period as provided herein, such a Team will be deemed as disqualified or invalid Team for all purposes under this Contest.