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AMC Innovation Challenge:
A New Vision for New LookMeklit Adnan, Jesse Peterson, Shivon Sood, Arthur WuUniversity of Virginia
Copyright © 2013 Accenture All rights reserved. 3
Current State: How to improve the current mentor system
Video
Copyright © 2013 Accenture All rights reserved. 4
Copyright © 2013 Accenture All rights reserved. 5
Peer-to-Peer Training is Integral to Program Culture
Copyright © 2013 Accenture All rights reserved. 6
Emphasis on Personal Development Encourages Retention
•Opportunities to travel: ambassadors
• For high school (70%): Visit moguls in training in college and become MIT
• For moguls (30%): • Continued personal
development• One-on-one with
celebrities and affluent people
• Career development with corporate sponsors
• Travel opportunities
Copyright © 2013 Accenture All rights reserved. 7
Copyright © 2013 Accenture All rights reserved. 8
Copyright © 2013 Accenture All rights reserved. 9
• iLEAD minimizes travel costs and expands virtual experience and exposure– Integrated into all aspects of the mentor experience
• Estimated annual costs:– 2,500 mentors @ $500 per trainer - $1.25 Million
• Increase from 230 mentors in 2013-2014– Creation of iLead modules - $150,000– Travel expense for shadowing moguls - $100,000– Regional Leadership Retreats - $200,000
Proposed Recommendations have Minimal Financial Implications (need to update)
Copyright © 2013 Accenture All rights reserved. 10
Implementation Will be Completedby the 2015-2016 School Year
Copyright © 2013 Accenture All rights reserved. 11
• Growth of the New Look Foundation will have a positive impact on youth, the “Special Sauce”
• Recruitment will focus on student leaders within the NLF programs
• Training will integrate the iLead platform and in-person interaction
• A tiered incentive program will encourage mentors to return year after year
• Plan will achieve overall goal: 2,500 mentors by 2015-2016 school year
Proposed Improvements will Position the NLF for Continued Success