Nations’ Most Influential CEOs To Host SIFE National Competition
America’s top executives will judge economic impact of students’ community outreach projects in Dallas this May
DALLAS--(BUSINESS WIRE)--A host committee of more than 60 of Texas’ most influential business executives have organized to bring the SIFE (Students In Free Enterprise) National Competition to Dallas for the first time since the competition began in 1978. Executives like American Airlines Chairman and CEO Gerard Arpey and J.C. Penney Co., Inc. Chairman and CEO Mike Ullman have shown that they aren’t just committed to their companies and to the local Dallas business community, but they are also committed to SIFE, a global student organization that helps create economic opportunities for others.
“Students, faculty, and business executives are all inspired by the positive community impact of the projects and the chance that SIFE provides to give back.”
According to Leonard Roberts, RadioShack retired chairman and CEO and SIFE host committee co-chair, “The Dallas/Fort Worth business community is pleased to host this competition, in which students show a firm grasp of business concepts and leadership skills. These students solve real world business and economic problems that have an impact in their communities. As a result, many companies - including ours - aim to hire SIFE students.”
The combined efforts of SIFE teams and thousands of executives who contribute time and resources around the world bring a higher standard of living and quality of life to millions of individuals each year. In more than 48 countries, SIFE students form teams on their university campuses and develop outreach projects that teach entrepreneurship, market economics, personal success skills, and financial literacy in their communities.
For example, the SIFE team from Graceland University of Lamoni, Iowa, the 2006 U.S. national winner, helped Southern Iowa Bioenergy become the first biodeisel plant in the United States after showing that a sustainable and environmentally-friendly fuel source could have a positive impact on the community. The SIFE teams in Texas are working extra hard this year to making an impact. At Texas Christian University in Fort Worth, SIFE students are teaching personal finance to young adults in Boys & Girls clubs. At Baylor University in Waco, SIFE students are creating opportunities for low-income families to gain access to earned income tax credits through the Heart of Texas Financial Literacy Coalition.
From May 6 - 8, 2007, student teams from university campuses across the country will present the results of their projects to an esteemed panel of many of the world’s top CEOs, including Dean Foods Company Chairman and CEO Gregg Engles and Kimberly-Clark Corporation President and CEO Tom Falk.
“In this competition the best business-minded students interact with some of the biggest leaders in business," says Mat Burton, SIFE vice president, marketing. "Students, faculty, and business executives are all inspired by the positive community impact of the projects and the chance that SIFE provides to give back."
The organization expects 4,500 attendees, including 3,200 students, their faculty advisors, and business executives. Students will present annual reports, as well as audio-visual presentations. The competition will be web cast via a link on www.sife.org. The national winning team will then move on to compete against other teams from more than 40 countries for the title of 2007 SIFE World Cup Champion in New York City from October 10-12, 2007.
Among the business executives on the SIFE national host committee are Pavestone Company, L.P. Chairman and CEO and SIFE National Host Committee Co-Chair Robert Schlegel; Simeus Foods Int’l, Inc. President and CEO Ronald Artzer; Chase Bank Chairman and CEO Danny R. Smith; Southern Methodist University President Gerald Turner; and Frito-Lay, Inc. President and CEO Albert Carey.
SIFE® is a global non-profit organization that creates partnerships between business leaders and university students. SIFE was founded by the National Leadership Institute in the United States in 1975 and is now active on more than 1,400 university campuses in more than 48 countries. SIFE’s mission is to offer life changing business leadership experiences by challenging participants to address real world business and economic issues in their communities. For more information, log onto www.SIFE.org.