MBA7602 Special Topics: Social Innovation
3 Elective CreditsWe are living in a world where societal expectations of business have shifted and the lines between business, government, and the social sectors are being blurred. Businesses are called upon to create both economic and social value in new ways. This course addresses issues related to the social, economic, and environmental responsibilities of business. The topic of sustainability is also addressed.

EPS7201 Strategic Innovation in Mature Organizations

3 Core Credits - Blended Miami Program Core Course

Corporations caught up in the web of commoditization and stagnation have come to realize that they need entrepreneurial capabilities to create new platforms of business that will be the promise of the future. Yet overall, these efforts have produced uneven success. Although entrepreneurs in organizations can benefit from the resources, experience, financial assets and networks of the large company, they are constrained by its bureaucratic practices. Recent evidence points to corporate leaders' renewed attention to developing management systems that work with, rather than against intrapreneurs. In this course we will examine various approaches companies have taken to build this organizational capability. We examine five different approaches and consider the shortcomings or each. We will build the rationale for why innovation must become an organizational function if a company truly wishes to compete for the Future. We focus at the organizational level rather than the individual project level, seeking insights about how organizations can institutionalize structures and processes for entrepreneurship, even within a dominant culture of operational excellence that, of necessity, pervades most large established firms.

EPS3536 The Entrepreneurial Innovator
4 Advanced Management CreditsIn the Entrepreneurial Innovator, transdisciplinary teams will identify multiple entrepreneurial innovation opportunities, through user engagement and extensive prototyping, over the course of two separate design sprints. This experimental, hands-on seminar will be held in the Weissman Foundry and offer broad exposure to prototyping processes and capabilities. The seminar is open to 3rd and 4th year Babson, Olin and Wellesley (BOW) community students.

Innovation can be defined as creativity that is new and useful, combining elements of novelty and some compelling utility to an end user or target customer. Entrepreneurship considers ways to generate and monetize innovations, making value-creation profitable and sustainable. Working in transdisciplinary teams, BOW students roll up their sleeves to investigate and define unmet needs and innovation possibilities for two different user groups/customer groups. Participation in the seminar requires an action-orientation, frequent off-campus trips, user engagement, physical prototyping, as well as visual representations of user problems and innovative solutions.

Prerequisites: Open to all Babson, Olin, Wellesley (BOW) community students in their 3rd or 4th
year of study

EPS1210 The Ultimate Entrepreneurial Challenge
(Formerly EPS3510 and EPS3579)
4 Credits

This highly competitive course involves intense TEAM competition and problem-solving. Students will elect CEOs, negotiate to acquire team members, and compete for ten weeks to determine the ultimate winner. We have designed a learning experience that will develop and test your skills in strategy, marketing, negotiation, management, negotiations, and finance -- as well as creative, innovative, entrepreneurial out-of-the-box thinking.

Your learning experiences will primarily engage you in real-world business cases, including, when feasible, interactions with the entrepreneurs that are the subjects of the cases, or practitioners who have relevant experiences and insights to share. Our goal is to make this course one of the most challenging and rewarding learning experiences for you during your time at Babson.

Prerequisites: FME1001 or MOB1000

PS3508 Entrepreneurship and New Ventures in Singapore
4 General Credits**This course is for students in the Babson Leadership in a Global Context program in Singapore and is not open to students not enrolled in the program.**

The course will introduce students to the nature and processes of assessing and shaping entrepreneurial opportunities on location in Singapore.

Upon completion of "Entrepreneurship and New Ventures in Singapore," you will:

• Enhance your skills in assessing and shaping opportunities

• Recognize the practices and processes of successful entrepreneurship in Singapore

• Identify the many contextual factors that influence entrepreneurial activity in Singapore