Western Kentucky University

SIFE 2012-2013 Season

WKU Students In Free Enterprise 2012-13

WKU SIFE continues on its established trajectory to become one of the top recognized SIFE teams in the world. WKU students fit the profile of imaginative and dedicated creators of economic value exhibited by world-class. The Team's ongoing success in creating projects and building an organizational superstructure has confirmed my intuition. Early in 2009, the Team and its advisors made the decision to include other faculty members in the Team advisory structure, which continues to pay off. First, it is clear from observing national championship teams that most have multiple faculty members. This allows for broader projects with deeper scope and has a multiplicative effect upon recruitment. Incoming members understand that this is simply not a club, but an important organization supported clearly by professional adults. Highlights of the 2012-2013 Team season: include:

  • Second-highest National Finish. In May 2011, the Team finished third in its league in the national competition, earning recognition as one of the top 60 SIFE teams in the United States. The team brought a slate of creative and unique projects, organized and presented in exceptional ways, and will build on this into 2013.
  • Initiation of team leadership structure. The Fall 2012 Team started earlier, better, faster than any team in WKU SIFE history. This was due principally to the initiation of a team constitution, contract, and code of conduct agreements.
  • Key leadership role in promoting and creating opportunities that has continually generated over 3,500 hours in student/faculty/community engagement per calendar year. WKU SIFE is continuously on-call to monitor projects for quality and completion. It has taken several years of practice to know how to allocate resources, but the Team is consistently make real differences in out target-market's lives.
  • Two extended 2011 student trips to Atlanta and Minneapolis-St. Paul as part of regional and national competition. Preparation for these competitions took hundreds of hours of collective student and faculty time, required most of the week of WKU Spring vacation in preparation, and frequent evening and weekend commitment of time.
  • Successful 20110-2012 Kasigau basket project. Approximately $3500 in sales from Kasigau basket Project was sent back to the Guilds in Kenya. The Team now has e-mail connection with the Kasigau Weavers, which is facilitating shipping and product design.

Curent Status as of Fall 2012

  • Upwards of 30 active members
  • PrintCenter re-approved as campus vendor for faculty print-services
  • Presentation Team for next year selected in November
  • Use of project management software improved and expanded
  • $2800 grant award (The Alive Center) for 2012-2013
  • Six active officers: CEO, COO, CFO, CIO, CMO, and CHRO
  • Regular attendance averages of 25
  • Continuation of major projects from last year
  • $100-$300 per month in revenue, going directly to the team
  • Expansion of the Aquaponics project, Operation AquaGreen to Kenya now under consideration!
  • Community Thread venture to provide Burmese refugee families a way to connect with their cultural heritage and earn a living selling native crafts; venture as raised almost $1000 in sales and was just awarded a $3,000 Wal-Mart Women's Empowerment Grant.

 

 Last Modified 7/22/13