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Babson College


 Mission: Babson College educates
leaders who create great economic
  and social value—everywhere.
          A journey, 2009-present



          Presented at University of Colorado, Boulder, CSR Curriculum Think
          Tank, July 2012, by Jan Bell
Entrepreneurial Leaders
• Leaders who create value for themselves, their
  organizations, and the wider society.

• Leaders who rely on a different way of
  thinking--ETA .
               tm




2
Entrepreneurial Leadership :
                  Three Principles that Guide Action
                                   ETAtm COGNITIVE AMBIDEXTERITY
                                      Creation & Prediction Logics
                          •Action-Based               •Analysis-based

                          •Small                      •Analysis minimizes
                          experimentation, small      risk
                          wins
                                                      •Works best in known
                          •Works best in unknown      environments where
                          environments where no       data is available
                          data is available




                  SEERS                                           Self and Social Awareness
•Social, environmental, economic
responsibility & sustainability                            •Who am I? Passion, skills and interests

•Simultaneous not sequential approach                      •Who do I know? Social networks

•Measuring, evaluating and improving                       •Where am I? Context:
  3                                                        Cultural, political, historical view
•Adopt multiple stakeholder perspective
Focus: The entire student experience

   14              +             154
Hours/Week                     Hours/Week
Curriculum                     Co-Curricula




 = 168       Hours to   KNOW, DO, BE
Babson Curriculum—Knowing & Doing
    • UG core
            • SEERs taught in core FYS, OB
            • First year liberal arts social justice themed
            • FME & second year core practice SEERs
            • Senior strategy choice—Solving Big Problems
            • Over 40 electives in UG on SEERs issues
    • Grad Core—SEERS in first two MODS and in First SLE
    • Concentration in Environmental Sustainability at Babson
    • Sustainability certificate program with Olin and
      Wellesley Colleges


                                         TopSprouts
                                         Earthworm Soil Company
                                         exchange store
                                         Green rocket pitch, green
                                 • Incubating green businesses
UG FME: Knowing and Doing
• FME: Foundations of Management Education
    – A yearlong immersion course in which student teams
      invent, develop, launch, manage, and liquidate a
      business.
• Refocused on entrepreneurial leadership (F2012)
    – Cognitive ambidexterity:
       • Build business in a circular model of exploration and action
    – SEERS:
       • From philanthropy to shared value creation & students
         required to measure triple bottom line results. NO
         MARGIN, NO MISSION
    – SSA:
       • Connecting self and contextual understanding to building a
         sustainable business
6
New Design of FOUNDATIONS OF MANAGEMENT & ENTREPRENEURSHIP (FME)
                                                   Developing Entrepreneurial Leaders the Babson Way

                                                                               FALL SEMESTER                                                            SPRING SEMESTER
               PREDICTION
                             “concrete”

                                                                                                                                LAUNCH & GROW
                                                                                                                                        (23-25, 1-23)                                  Legacy
                                                                                                                                                                                    Presentations

                                                                                                                                                                                       Launch
                                                                                                                                   Customers
                                                                                                                                                                                       Of New
                                                                                                                                                                                   Entrepreneurial
                                                                                                PURSUE                                                                                 Leaders
                                                                                                      (12-22)
                       Requires movement between




                                                                                                                 Launch
   Thought & Action®

                          creation & prediction
    Entrepreneurial




                                                                                                                 Plan (25)

                                                                                          Markets
                                                                                                                                                        Working In a
                                                                                                     Feasibility
                                                                                                                                                         Context
                                                                 EXPLORE                             Presentation (22)
                                                                      (1-11)
                                                                                        Rocket
                                                                                        Pitch (11)                                                          FME LEARNING OBJECTIVES
                                                                          Opportunity                                                          1. Experience the nature of business as an
                                                                                                                                                  integrated enterprise.
                                                                                                                                               2. Practice entrepreneurial thought and action.
                                                       Growth of                                                                               3. Identify, develop and assess entrepreneurial
                                                      Opportunity                                                        Working With             opportunities that create social and
              CREATION




                                                                                                                                                  economic value.
                            “abstract”




                                                                                                                         and Through
                                                        Growth of                                                                              4. Explore the self, teams and organizations in
                                                                                                                           Others
                                                                                                                                                  relation to entrepreneurial leadership.
                                                       Individual &
                                                                                    Understanding                                              5. Analyze local and global context as it relates
                                                          Team
                                                                                        Self                                                      to entrepreneurial opportunities.


                                                                                             TIME & COMPETENCY DEVELOPMENT
                                                                                                                                                                        = likely need for iteration
©2012 Babson College
Knowing & Doing: Off-shore elective in Ghana:
 – Course Design
    • Co-taught by liberal arts &
      management faculty
    • Formal learning pre-, post-, and
      during trip
 – Being an entrepreneurial leader
    • SSA: Encounter an unfamiliar social   “Seeing is believing…”
      & economic context
    • SEERS: Economic
      rationality, marketing
      success, financial management are
      cultural contingent
    • Cognitive Ambidexterity: Working
      in situations without data
                                                                     8
MBA: Corporate Social Relevance


      Leading for Social Value:
         Inside the C-Suite
          MOB 7548 B61
           Fall Semester
                2011
168 Hours— Doing & Being
       Honor Code & Judicial Board
       The Green Tower, The Philanthropy Tower &
        The One Tower
       Net Impact graduate organization
       Board Fellows Program--MBAs
       Eco Reps program—students select & lead a
        sustainability project on campus
       Student groups dedicated to a sustainable way
        of life
       Accelerator & Incubator for social projects




10
Babson College—Doing & Being
   • Member UN PRME & Ashoka change maker campus
   • STARS Charter Participant (Self Reporting for Colleges)
   • American college and University President’s Climate Initiative (stringent
     GHG goal set by Babson to reduce GHG 25% 2011-2015)
   • Babson Global democratizes entrepreneurial education.
       • Partner with Goldman Sachs in 10,000 small business project
   • Babson Idea Generation (BIG) for HS students solutions to social problems
   • Lewis Initiative to create economic and social value
       • From Day One—businesses doing well by doing good
       • Social Innovation Laboratory (funded by Toyota) food
         solutions, affordable design to generate income & meet daily human
         needs, micro supply chain (partner with MIT) helps survivors of human
         trafficking.
   • Incubator & accelerator for social projects (Green Rocket Pitch)

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Presented at University of Colorado, Boulder, CSR Curriculum Think Tank, July 2012 by Jan Bell.

  • 1. Babson College Mission: Babson College educates leaders who create great economic and social value—everywhere. A journey, 2009-present Presented at University of Colorado, Boulder, CSR Curriculum Think Tank, July 2012, by Jan Bell
  • 2. Entrepreneurial Leaders • Leaders who create value for themselves, their organizations, and the wider society. • Leaders who rely on a different way of thinking--ETA . tm 2
  • 3. Entrepreneurial Leadership : Three Principles that Guide Action ETAtm COGNITIVE AMBIDEXTERITY Creation & Prediction Logics •Action-Based •Analysis-based •Small •Analysis minimizes experimentation, small risk wins •Works best in known •Works best in unknown environments where environments where no data is available data is available SEERS Self and Social Awareness •Social, environmental, economic responsibility & sustainability •Who am I? Passion, skills and interests •Simultaneous not sequential approach •Who do I know? Social networks •Measuring, evaluating and improving •Where am I? Context: 3 Cultural, political, historical view •Adopt multiple stakeholder perspective
  • 4. Focus: The entire student experience 14 + 154 Hours/Week Hours/Week Curriculum Co-Curricula = 168 Hours to KNOW, DO, BE
  • 5. Babson Curriculum—Knowing & Doing • UG core • SEERs taught in core FYS, OB • First year liberal arts social justice themed • FME & second year core practice SEERs • Senior strategy choice—Solving Big Problems • Over 40 electives in UG on SEERs issues • Grad Core—SEERS in first two MODS and in First SLE • Concentration in Environmental Sustainability at Babson • Sustainability certificate program with Olin and Wellesley Colleges TopSprouts Earthworm Soil Company exchange store Green rocket pitch, green • Incubating green businesses
  • 6. UG FME: Knowing and Doing • FME: Foundations of Management Education – A yearlong immersion course in which student teams invent, develop, launch, manage, and liquidate a business. • Refocused on entrepreneurial leadership (F2012) – Cognitive ambidexterity: • Build business in a circular model of exploration and action – SEERS: • From philanthropy to shared value creation & students required to measure triple bottom line results. NO MARGIN, NO MISSION – SSA: • Connecting self and contextual understanding to building a sustainable business 6
  • 7. New Design of FOUNDATIONS OF MANAGEMENT & ENTREPRENEURSHIP (FME) Developing Entrepreneurial Leaders the Babson Way FALL SEMESTER SPRING SEMESTER PREDICTION “concrete” LAUNCH & GROW (23-25, 1-23) Legacy Presentations Launch Customers Of New Entrepreneurial PURSUE Leaders (12-22) Requires movement between Launch Thought & Action® creation & prediction Entrepreneurial Plan (25) Markets Working In a Feasibility Context EXPLORE Presentation (22) (1-11) Rocket Pitch (11) FME LEARNING OBJECTIVES Opportunity 1. Experience the nature of business as an integrated enterprise. 2. Practice entrepreneurial thought and action. Growth of 3. Identify, develop and assess entrepreneurial Opportunity Working With opportunities that create social and CREATION economic value. “abstract” and Through Growth of 4. Explore the self, teams and organizations in Others relation to entrepreneurial leadership. Individual & Understanding 5. Analyze local and global context as it relates Team Self to entrepreneurial opportunities. TIME & COMPETENCY DEVELOPMENT = likely need for iteration ©2012 Babson College
  • 8. Knowing & Doing: Off-shore elective in Ghana: – Course Design • Co-taught by liberal arts & management faculty • Formal learning pre-, post-, and during trip – Being an entrepreneurial leader • SSA: Encounter an unfamiliar social “Seeing is believing…” & economic context • SEERS: Economic rationality, marketing success, financial management are cultural contingent • Cognitive Ambidexterity: Working in situations without data 8
  • 9. MBA: Corporate Social Relevance Leading for Social Value: Inside the C-Suite MOB 7548 B61 Fall Semester 2011
  • 10. 168 Hours— Doing & Being  Honor Code & Judicial Board  The Green Tower, The Philanthropy Tower & The One Tower  Net Impact graduate organization  Board Fellows Program--MBAs  Eco Reps program—students select & lead a sustainability project on campus  Student groups dedicated to a sustainable way of life  Accelerator & Incubator for social projects 10
  • 11. Babson College—Doing & Being • Member UN PRME & Ashoka change maker campus • STARS Charter Participant (Self Reporting for Colleges) • American college and University President’s Climate Initiative (stringent GHG goal set by Babson to reduce GHG 25% 2011-2015) • Babson Global democratizes entrepreneurial education. • Partner with Goldman Sachs in 10,000 small business project • Babson Idea Generation (BIG) for HS students solutions to social problems • Lewis Initiative to create economic and social value • From Day One—businesses doing well by doing good • Social Innovation Laboratory (funded by Toyota) food solutions, affordable design to generate income & meet daily human needs, micro supply chain (partner with MIT) helps survivors of human trafficking. • Incubator & accelerator for social projects (Green Rocket Pitch)

Editor's Notes

  1. All students need to engage in opportunities that force them to consider who am I? How does context affect who am I and what I do?61% of our students participate in international experiences24%/40% of our full-time ugrad/grad students are from another countryAdd notes from ghana blog
  2. Earthworm Soil CompanyTopSprouts-Skinja