L.I.M.E In Its 16th Momentous Year: Shaping The Marketers Of Tomorrow


Tracing the origins of the word ‘marketing,’ derived from the Latin term ‘mercatus,’ meaning marketplace or trade, we find ourselves back to where it all began—only now in a hyper-digital world that continuously redefines its very core. Empowering young minds with astute knowledge and essential skills to navigate this dynamic arena, Hindustan Unilever Limited proudly celebrates 16 glorious years of L.I.M.E, India’s premier B-school case study competition. Spotlighting innovation and recognizing marketing brilliance, Hindustan Unilever Limited, India’s leading FMCG brand, believes in challenging sharp minds, shaping them into future-forward leaders.

A diverse organization that has been the alma mater to some of the brightest minds in the industry, HUL actively engages with aspiring marketers, equipping them for rewarding career paths. L.I.M.E. is one such platform that tests the resilience and ingenuity of young marketers, immersing them in real-world business complexities, encouraging them to strategize and develop solutions that can withstand the dynamic forces of a rapidly evolving economy.

Selecting a theme that mirrors today’s stimulating landscape, ‘Sustainable Quick Commerce Disruption in Tier 2’ explores the rapid rise of Q -commerce, the transformation of retail in Tier 2 cities, and the urgent need for sustainable business practices to complement this disruption. Demonstrating exceptional strategic skills, creativity, and market acumen, the brainwizards who overcame every obstacle to reach the finals were: Three Broke Girls from the Indian School of Business (ISB), Key Lime Pie-Rates from ISB, DEL – BLR from the Indian Institute of Management Bangalore (IIM-B), Visionary Vixens from SPJIMR, and Zephyr from SPJIMR.

The event began with an insightful conversation between Rohit Jawa, CEO and MD, Hindustan Unilever Limited, and Shereen Bhan, Managing Editor, CNBC-TV18, on the future of sustainable Q-commerce in Tier 2 cities. The discussion delved into the evolving landscape of marketing and consumer behaviour, particularly among Gen-Z and digitally native generations, highlighting the need for brands to embrace digital platforms, quick commerce, and omnichannel retail experiences. It also underscored how HUL stays ahead of the curve by balancing deeply rooted foundational knowledge in resource training with an adaptive approach driven by innovation and creativity. Commenting on operating in a digitally charged environment, Rohit said, “The company is at a phase where it continuously morphs to remain contemporary. We are paranoid because we do not want to be left behind, so we follow the curve and try to get there as soon as we can.”

The finalists delivered compelling presentations on the chosen theme, followed by a rigorous Q&A with the esteemed jury members comprising Arun Neelakantan, Executive Director, Customer Development, Hindustan Unilever Limited; Srinandan Sundaram, Executive Director, Home Care, Hindustan Unilever Limited; Sairam Krishnamurthy, COO, Swiggy Instamart; Piyush Pandey, Chief Advisor, Ogilvy Advertising; and Chandan Mendiratta, CMO, Zepto. To lend cadence to the thematic, the Jury dived into a discussion moderated by Aditya Kasyap – Head – Fabric Cleaning, Home Care, India.

Drawing an intriguing analogy, Piyush likened the success of Q-commerce to a Garba festival, he said, “first, you create excitement around the idea, then you provide the infrastructure such as buses, stalls, attractions to drive participation. Similarly, Q-commerce first generated buzz about ultra-fast delivery and then expanded its ecosystem to fulfil the demand aspect.” Commenting on the feasibility of 10-minute deliveries in smaller towns, Sai emphasized that last mile delivery is less of a challenge than middle-mile efficiency, he said, “With better data, stronger integration with partners and the right supply chain design there are numerous solutions available today”.

The evening concluded on a high note as the team from ISB, Key Lime Pie-Rates, emerged as the winners, taking home a cash prize of ₹10 lakh. Close on their heels, the 1st runner-up, Visionary Vixens from SPJIMR, secured ₹3 lakh, while Three Broke Girls from ISB claimed the 2nd runner-up position with a cash prize of ₹2 lakh and team DEL-BLR from IIM-B secured 3rd runner-up and won ₹1 lakh.

Watch the highlights of these insightful proceedings exclusively on CNBC-TV18 : 

The pages slugged ‘Brand Connect’ are equivalent to advertisements and are not written and produced by Forbes India journalists.








Source link

Leave a Comment