In an increasingly global economy, international experience for Indiana University MBA candidates comes from hands-on work in the field as much as the classroom. A group of students, led by Dr. Phil Powell, travel to Peru to help local entrepreneurs tackle business challenges using cutting edge business practices. The Kelley MBA GLOBASE initiative provides a unique social enterprise experience by partnering with Peruvian businesses to make a global impact.

Thursday, January 21, 2010

And so it begins

After months of planning and preparation, GLOBASE is officially underway. During our first class, participants were presented with the companies that we will be working with. Denise Denson-Hanson, our External Relations Manager, has worked tirelessly to arrange a great set of companies and one non-profit. We can't forget, either that Maryori at AMCHAM has been extremely helpful and put in many hours to help us coordinate in Peru. A special thanks also to APOMIPE for allowing us to partner with them to take on a non-profit project for the first time.

GLOBASE 2010 will feature the following projects:

PeruVerde is a food processing company that is focused on exporting and importing food products. The company also offers commercialization and trade support to small businesses in the agriculture and food processing sectors.

Laban handcrafts fine Peruvian silver into jewelry, combining ancient Peruvian designs with modern styles. Laban aspires to become a premier exporter of silver jewelry. They are also committed to creating employment opportunities by helping young people develop skills in the art of jewelry making.

Metalic is specialized in the manufacturing of metal furniture and for 28 years has established a reputation for high quality in Peru. Although several of their products have been exported indirectly through business customers, Metalic aspires to establish business customers in the international market in 2010 .

Inkasign, is a textiles manufacturing business that exports to France, Italy, Venezuela, Chile, and the USA. Inkasign offers fully designed, cut and sewn knitted garments and accessories for women, men and children. Inkasign’s products are made of alpaca, baby alpaca, cotton (Pima and Tanguis) and blended with other fibers.

APOMIPE is a collaboration between COSUDE (Swiss Agency for Development and Cooperation) and the Peruvian Ministry of Production. After 2011, COSUDE will no longer be funding APOMIPE. As APOMIPE approaches 2011, they have several exit issues to consider: how will their established business networks continue to gain funding? Are they self-sufficient and ready to manage themselves?

GLOBASE teams now have some basic company information and the contact info for their companies. Each GLOBASE team is now responsible for scoping, analyzing, researching and ultimately delivering high quality recommendations and implementation steps. With the backing of our Faculty Advisor, Roberto Garcia and other Kelley School of Business resources, lets see what great things we can do.

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