Integrated Business Core, or IBC, companies are preparing to launch new businesses that will soon set up booths across campus. These companies are student run organizations that are meant to give students real-life business experience.
Redge Allen, who teaches the three IBC classes, said the purpose of the IBC companies is to take a customer-centric view to business and bring value to customers through honest and mutually beneficial transactions. The customer’s needs are one of the main driving forces of the IBC business model.
These businesses offer a variety of goods and could sell anything from Chinese food to instant date boxes.
“Most of the time IBC groups are really high quality,” said Chauncey Neville, a junior studying Spanish Education. “I’d say 70 percent of the time they are high quality. I feel like IBC groups help BYU-I students become more cultured. Even though some are worse than others, it definitely is way nice having them. It’s a really good program.”
Neville said that he has seen a lot of IBC companies at BYU-Idaho. He said the most memorable of these businesses sold products like hot wings, wooden watches, sunglasses and hammocks.
“It’s those ones that you can tell are somebody’s baby that are really a cut above the rest,” Neville said.
He said that most IBC companies are original and cool and that they provide campus with fun and interesting alternatives for lunch and other needs.
“Whenever I buy food at school, I try and support those guys as best I can,” Neville said.
IBC also offers the students who create them a way to gain real experience that gives them an edge in the workforce.
“IBC focuses on experiential learning and not merely attending a lecture in a classroom,” Allen said. “It’s fun, exciting and also challenging. It requires them to think like a leader through practical, real life situations,” Allen said.
Amanda Kalliainen, a BYU-Idaho alumna said that IBC always stood out on her resume and was a highlight of her job interviews. “Being CEO of an IBC was a huge turning point for me in developing strong leadership skills.”
Kalliainen said IBC helped her get out of her comfort zone, overcome her fear of failure and learn problem-solving skills.
“It was a great place to safely fail fast and hard so that I could learn a lot of things before ever hitting the job market,” Kalliainen said.
Max Bastien, another BYU-Idaho alumnus, shared experiences from his post-IBC job hunting quests.
“When I was interviewing with Ford Motor Company, (IBC) was one of the experiences that set me apart from the other candidates that were coming in with MBAs from top business schools.”
Bastien said telling potential employers of his IBC experience set him apart in job interviews. Unlike other applicants, his business school’s IBC experience gave him and fellow students their own business to experiment with.
In addition to providing experience to business majors, Allen said IBC also caters to a large number of non-business majors and is taking steps to make the program more inclusive.
“The IBC Program has been the crowning experience for business students for many years, and while we continue providing the IBC experience we are currently exploring possibilities to make the experience available to more and more non-business majors throughout the campus,” Allen said.