7.2 Impact to Industry Partners 7.2.1 Enhancing Presence and Recruiting Talent
Industry partners benefit from such collaborations through internship opportunities provided to students . From the SIP Project , Easy Consulting is one such beneficiary . These internships generally enhance the organization ’ s social strategy and presence . Through such internships , industry partners also gain an extra set of valuable hands and increase their visibility at the university . They are able to test-drive talent with the potential to employ future business leaders who are industry ready from the get go .
7.2.2 From Strategy to Action
In 2021 , through the SIP , students pitched their solutions to a panel of judges , to win cash prizes . The cash prizes were rewards to help students bring their strategies for solution to life , in collaboration with their host and industry partner . 4 industry partners were beneficiaries of the cash prizes .
1st place ( RM1,400 ) Group 7 Revofa Collective
2nd place ( RM1,000 ) Group 4 Lean in Youth
3rd place ( RM600 ) Group 10 & 13 Nyonya Kain & The Empowerment Group
The Industry partners for this SIP Project were also generally pleased with this initiative . This could be demonstrated by the Industry Feedback Survey that was conducted at the end of the project to assess the benefits they gained .
Quantitative Feedback :
100 % 100 % agreed that solutions provided from the Social 100 % Impact Project was useful to their organisation .
100 % would participate as industry partners for future cohorts .
Qualitative Feedback :
“ I think it was really great for students to learn about the organisation . Particularly for organisations like ours , I do feel the need to provide them with a little context on the issue that we are dealing with more extensively . However , I think this has been a great experience having students apply what they learn in classrooms to real-life scenarios .” - Su Shern , Co-Founder Project Liber8 .
“ I want to take this opportunity to congratulate the organizers for this wonderful initiative . The Social Impact Project was an opportunity for students to be involved with partner organisations , work on real life challenges and make a difference by offering innovative solutions . At TEG , we are grateful for the opportunity to be involved in this project .
I was very impressed with the quality of the reports reflecting their hard work , critical analysis and innovative thinking . Both groups reached out to me several times and we had discussions over multiple drop-in sessions . For our problem statement on sensitizing SMEs to mental health awareness , they have been able to understand the ground realities contributing to the challenges and offer practicable solutions .
I have been very impressed with both groups and hope there will be more opportunity for them to interact with TEG . Thank you again and great work !” - Dr Arman Ifti Rashid , Co-Founder The Empowerment Group .
Social Impact Project Report 2021 17