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EandB Connect : Issue 12 Oct 2010
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THE FACULTY OF ECONOMICS AND BUSINESS ALUMNI MAGAZINE 2010 6 FOODBANK IS A non-denominational organisation that sources and distributes food and grocery industry donations to welfare agencies who feed the hungry. It is the largest hunger relief organisation in Australia with affiliates in six states and the Northern Territory. Having recently committed itself to the ambitious five-year goal of increasing the amount of food that it provides from three million to 17 million kilograms a year, Foodbank NSW approached Acting Global EMBA Program Director, Dr Nick Wailes requesting strategic business advice. This was a hands-on project that participants jumped at and, despite forming part of their course assessment, quickly became a labour of love. As part of the project participants visited the Foodbank warehouses, suppliers and other relief agencies to understand the challenges facing the organisation and how they could help them grow. Each of the EMBA participants is a senior executive -- many at leading Australian and international organisations -- and they were able to draw on their own business experience to add value to this not-for-profit initiative. At the culmination of the project, the group of 14 presented a comprehensive business plan to the board of directors. A number of key issues were addressed by the group in their presentation including the need to improve inventory control, workplace capability planning and marketing. Foodbank NSW Chairman Ern Pope said: "When we agreed to involve a group of EMBA students, we expected the 'minds' but we certainly didn't expect the heart as well. Sometimes when you are so close to the project, you need HUNGRY minds
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