December 21, 2022
Phillips 66 Business Ethics Case Competition awards $7,200 to K-State students
The winning team, Two Guys, are Quinten Lofton, senior in marketing, left, and Mike Rohlinger, senior in finance. |
The Kansas State University College of Business recently awarded $7,200 in scholarship money to 24 students who competed in the 2022 Phillips 66 Business Ethics Case Competition.
A total of 224 students representing 59 teams entered the competition, which was organized by the college'sBusiness Ethics Initiative and sponsored by Phillips 66.
Students were challenged to examine a real-world ethical dilemma. They were responsible for analyzing the situation, applying appropriate ethical and strategic management principles and developing a viable set of practical recommendations. After faculty members in the management department evaluated the initial written analyses, seven teams were selected to compete in the final round, where they presented their analyses and recommendations to a panel of judges.
"This competition provides a unique opportunity for our students to improve their analytical, decision-making and presentation skills," said Bill Turnley, Sam and Karen Forrer chair of business ethics and head of the management department. "The finalists' presentations were excellent. Their recommendations were well-justified and did a nice job of balancing strategic and ethical concerns. We very much appreciate the support from Phillips 66 that makes this competition possible."
"Phillips 66 is very proud to support the Business Ethics Case Competition," said Seth Sanders, volumetric accounting director at Phillips 66. "The presenting groups all did a wonderful job and adapted well to the virtual format. It was great to see K-Staters take a broader, more holistic view of the corporate purpose and demonstrate how long-term value can be generated for all stakeholders."
Each member of the winning team, Two Guys, received a total prize of $1,200. Team members are Quinten Lofton, senior in marketing; and Mike Rohlinger, senior in finance, leadership studies, management and integrated investment management.
Two teams, ZEL Consulting and Dream Team, tied for second place. Each received a total prize of $1,200. Team members of ZEL Consulting are Londyn Bardin, senior in marketing and business of sports and entertainment; Easton Barrier, senior in finance; and Zoey Hart, senior in marketing. Members of Dream Team are Carter Jones, senior in finance and data analytics; Max Karges, senior in accounting; and Carson Zenger, Master of Accountancy.
The third-place team, Cats with Strats, received a total prize of $1,200. Team members are Meredith Kinney, senior in finance and professional strategic selling; Parker Larson, senior in finance and data analytics; August Liberty, junior in finance; and Luke Ludwikoski, junior in professional strategic selling.
Members of the remaining three finalist teams, 913 Kingsmen, Prosperity Consulting and Wildcat Case Work, received an honorable mention award of $200 each for advancing through to the final round.
Team members of 913 Kingsmen are Ben Curotto, senior in management and entrepreneurship; Gabe Ferris, senior in finance and leadership studies; David Hepting, senior in accounting, finance, international business and Spanish; and Ben Pivovar, junior in accounting and business of sports and entertainment.
Prosperity Consulting team members are Kendall Cottrell, senior in marketing; Abram Mugler, senior in accounting and finance; Dalton Shields, senior in entrepreneurship and management; and Ethan Willsey, senior in management and business of sports and entertainment.
Members of Wildcat Case Work are Samuel Beaulieu, senior in accounting; Tate Hassenflu, senior in marketing, professional strategic selling and business of sports and entertainment; Tanner Phillips, senior in management and leadership studies; and Connor Pruente, senior in finance.