EPS8573 - ENTREPRENEURSHP INTENSITY TRACK
ENTREPRENEURSHP INTENSITY TRACK
Entrepreneurship Intensity Track (EIT)
****THIS COURSE REQUIRES ACCEPTANCE INTO THE EIT PROGRAM. Registration is
Manual for students who have been accepted into the program*****************
Students selected for the EIT: Entrepreneurship Intensity Track course will engage in an academically rigorous and reality-based curriculum that includes both classroom and outside class activity. Students will also work with an outside mentor. EIT is focused on developing and enhancing the students knowledge and experience in order to maximize their prospects for starting a successful business soon after completing their MBA program. The course combines readings, discussions, lectures, conceptual tools, and guest speakers, all with an emphasis on the practical steps that students need to take to get their business up and running and keep it that way. Students should be those who can stand on their own and have the will to make it happen in a challenging environment. While EIT is focused on developing and enhancing a students knowledge and experience, students should keep in mind that the business they are developing is theirs and its success is completely dependent on what they make of it.
Prerequisite: Completion of one of the following courses: EPS7500 or EPS7530 or EPS7545 or EPS7546 or EPS7574
This course is typically offered in the following semester: Spring
EPS9507 - FOOD ENTREPRENEURSHIP
EPS9507 Food Entrepreneurship
1.5 Intensive Elective
Over the last five years, the global food industry has been both expanding and reorganizing rapidly. Once fringe products are migrating to the middle as alternative food goes mainstream. Without question, consumers are driving industry change with major print, television and online media contributing to greater consumer awareness of the industry and how their individual and familial food decisions serve to shape it.
Understanding U.S. food-industry dynamics is crucial to food entrepreneurship, regardless of ones home market, because foreign markets and multinationals see the U.S. as setting the future of food. Players globally are watching the U.S. for indicators of new food trends, products and business models.
While barriers to entry in the food industry are relatively low, the hurdles ahead for new farmers, food makers, distributors, and retailers are substantial. Food incubators and accelerators have ballooned as a new food entrepreneur services (my term) segment follows the proliferation of new entrants and significant dollars have begun migrating to them from the tech sector. However, be they corporate or independent, food incubators and accelerators are startups themselves. All are young, and the field is fragmented and confusing.
This highly experiential intensive MBA elective Food Entrepreneurship will focus on the anatomy of the food entrepreneurs journey from initial idea and course-setting through meaningful survey of market landscapes into relevant management and supply chain activities. Course materials and assigned readings are drawn from five years of firsthand research in the field. Guest experts and entrepreneurs visiting class will help us to dig deeper into particular questions and dynamics.
Focus will include both internal and external reflection and navigation of challenge and opportunity sets. This course is applicable to students who already have a business idea or venture in development as well as to students who are simply curious about the food industry as a potential career sector. For students in building mode, this course will accelerate their networks and understanding of market forces and future trends, and illuminate their next smart action steps. For students in exploration mode, this course will arm them with the right questions and frameworks to learn efficiently from and with industry experts and current entrepreneurs.
We will practice the Babson method of Entrepreneurial Thought & Action (ET&A) extensively in the classroom: in our engagements with industry experts exploring traditional and emergent models for doing business; during in-class exercises borrowing from Food Sols signature model of the Quick Service Incubator; and in the final team deliverable of a business recommendation presentation.
Students enrolled in this course will accomplish the following objectives:
Acquire a nuanced understanding of the current state of the food industry, its component parts, and the food system surrounding it
Interact with field experts on food trends, market dynamics and the food system (including adjacent sector opportunities)
Rapidly problem-solve in service to a local food business (representatives from each business will be present in class to engage with the students on their feedback and ideas)
Sense market opportunities and inflection points, and identify territory for smart collaborations
As an intensive elective, we will not be able to address every paradigm in the global food industry. This course will elucidate the landscape and system frameworks, and a lengthy reading list and online resources will help students to organize the field of content and resources. Topics such as the history of food, food product marketing, finance, industry mergers and acquisitions, and food science will not be covered, beyond anecdotally. The intent is an immersive experience into the food industry for the purposes of identifying, creating or furthering opportunities within it.
EPS9508 - CORP INNOV AS A PROF:DESIGN INNOV ROLES
CORP INNOV AS A PROF:DESIGN INNOV ROLES
EPS9508: Corporate Innovation as a Profession: Designing Innovation Roles
1.5 Intensive Elective credit
F2F Dates: TBD
DROP DEADLINE: TBD
Corporate Entrepreneurs get by through breaking rules and seeking protection by senior leaders. It doesnt need to be this way and, in fact, leading edge companies are working to design innovation functions that require clearly defined roles. In this course well examine emerging roles for the corporate innovator, possible career paths, and examine newly designed tools for their selection and development.
EPS9512 - FUTURE TRENDS AND EPS VENTURES
FUTURE TRENDS AND EPS VENTURES
EPS9512 Future Trends and Entrepreneurial Ventures
1.5 credit intensive elective
Future Trends and Entrepreneurial Ventures
Changing industry and market forces create scalable, emergent markets for new ventures. Entrepreneurs who can grasp future trends have a distinct advantage in being able to focus their efforts where opportunities and markets converge. In this course, we will scan the future in Three Areas (Business/Economic, Technology, & Organization) that are further expanded into twelve dimensions. The goal of this course is to develop an understanding of how to develop entrepreneurial vision and action to scan, identify, and test future customer needs, design products and services to meet those needs, and build support from the entrepreneurial eco system including investors and business partners.
EPS9551 - CRITICAL QUESTIONS FACING BUS FAMILIES
CRITICAL QUESTIONS FACING BUS FAMILIES
EPS9551 CRITICAL QUESTIONS FACING BUSINESS FAMILIES: A COACHING RETREAT
1.5 credit Intensive Elective
- How do I move from a parent-child to a professional-peer relationship with my parents?
Topics include, how to build relationship capital in the family, living with your family history, understanding the goals for effective communication, developing next stage communication skills, learning to have hard conversations, how to stop acting like a child, how to get your parents to start acting like a peer, giving and taking feedback in the family, creating a self-coaching family team, creating sibling unity, having successful family meetings, and many more.
EPS9553 - FAMILY BUSINESS TO NEXT STAGE OF GROWTH
FAMILY BUSINESS TO NEXT STAGE OF GROWTH
EPS 9553 - FAMILY BUSINESS TO NEXT STAGE OF GROWTH
Growth is the necessary condition for a trans-generational enterprising family. This course will explore the challenges and complexity of growth in the generational context of the family. The inflection point question, "How do we take the family business to the next stage of growth?" requires that families discover the "power of f" in wealth creation. The question of growth raises additional questions for reflection and conversation:
o Do you have a compelling multi-generational vision for growth?
o What is the difference between an enterprising family and traditional family business?
o What are the constraints to growth in your family business?
o How does the family context create a unique "entrepreneurship to the power of f"?
o What is your "power of f" familiness advance performance model?
o How does your governance support or constrain growth?
o How do your planning capabilities support growth?
o How do you align the family risk profile for growth?
o What do you do if family shareholders don't want to grow (but don't know it)?
o How do you establish an ownership strategic options continuum to support growth?
The Inflection Point Question Course is a Friday/Saturday "family retreat" format that provides personalized coaching to participants based upon their individual family cases - family members are welcome to join students. The Goal is to stimulate deeper personal and professional Reflectionfacilitate peer collegial Conversationset participants up for Collaborative decision making in the familyand lead to an action plan for Execution by the students on their goals.
EPS9555 - PUBLIC POLICY ENTREPRENEURSHIP
PUBLIC POLICY ENTREPRENEURSHIP
EPS9555: Public Policy Entrepreneurship
COURSE DESCRIPTION: The fiscal cliff. Congressional gridlock. Sequester. A growing multi-trillion dollar deficit. The curtailment of local services and the threat of local community bankruptcies. Policy challenges at all levelslocal, regional, national, international. Have you ever wondered how your Babson MBA skills can be applied to help policy-makers meet these challenges effectively and intelligently and how you can get involved now or later in your career as a policy-maker yourself?
EPS 9555: Public Policy Entrepreneurship is a 1.5 credit intensive elective focused on applying Entrepreneurial Thought and Action to answering these questions. The course makes extensive use of guest speakers, including government officials and public and private sector executives who share their practical experience in using entrepreneurial thinking to create innovative solutions to public policy challenges. Recent speakers have included a governor, a lieutenant governor and college president, a state secretary of housing and economic development, a state secretary of health and human services, venture capitalists, private charitable foundation board members, a board of selectman chair, a town executive director, and a founder of Mass Challenge and directors of the Mass. Institute for Political Leadership.
Public Policy Entrepreneurship focuses on how governments, private companies, NGOs, and economic development organizations can apply entrepreneurial thought and action to accomplish their goals. Course topics include:
how MBAs can get involved in applying their professional skills to public policy challenges at different points in their careers either as a part-time volunteer or on a full-time basis
how governments can create conditions to encourage private sector entrepreneurship
how private companies can work more effectively with government entities in accomplishing their goals
how government agencies can become more entrepreneurial in order to accomplish their objectives
The course uses lectures, readings, videos, and podcasts to provide students with analytical frameworks and practical knowledge which they can apply in developing solutions to policy issues.
In the course final paper, students assume the role of a government official or NGO executive and detail how they would apply entrepreneurial principles in creating solutions to challenges facing their state or city or country or NGO.
*THERE IS PREWORK FOR THIS COURSE
MBA7601 - SPECIAL TOPICS: ENTREPRENEURIAL GROWTH
SPECIAL TOPICS: ENTREPRENEURIAL GROWTH
MBA7601: Special Topics Entrepreneurial Growth
3 elective credits
This course provides students insight into the challenges and opportunities that arise as a company grows. It provides students with concepts and frameworks necessary to facilitate entrepreneurial management in organizations of all sizes and types. It is relevant to individuals interested in managing growth in their own companies as well as those growing an existing company.
MBA7602 - SPECIAL TOPICS: SOCIAL INNOVATION
SPECIAL TOPICS: SOCIAL INNOVATION
MBA7602: Special Topics: Social Innovation
3 elective credits
We 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.
MSM6110 - GLOBAL ENTREPRENEURSHIP EXPERIENCE
GLOBAL ENTREPRENEURSHIP EXPERIENCE
GLOBAL ENTREPREURSHIP EXPERIENCE (3 credits)
At Babson, we consider a global mindset necessary for the 21st century. In addition to learning from the diversity of students in the program, in this course students will explore entrepreneurial ecosystems in a context different than the one in which they grew up. Groups of approximately 25 students will travel with instructors to other regions of the world to engage with locals on topics of entrepreneurial concern. Travel for this course occurs for 8-12 days during winter term and the course includes pre-departure preparation sessions, as well as post-return reflection exercises.