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The creation of the Value Creation Wheel ecosystem at Nova School of Business and Economics: how to industrialize innovation, decision-making, and problem-solving within an organization? - Challenge 2: how can living expenses be made accessible and affordable for all students?
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Challenge 2 focuses on reducing living expenses for Nova School
of Business and Economics students, identified as a top priority during stakeholder sessions.
Through applying the Value Creation Wheel, key cost drivers such as housing, transportation,
and basic goods were analysed, highlighting the impact of inflation and limited financial
flexibility. Solutions were developed through workshops, research, and stakeholder
collaboration, addressing issues like housing support, tuition aid, and resource sharing. After
thorough evaluation, the final solution, "NovaMart," a student marketplace app, was chosen to
reduce expenses for basic goods while fostering sustainability and stronger community
connections.
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Student living expenses Affordable education Accessible education