Babson College Mindset Game
The Babson College Mindset Game is designed to foster an entrepreneurial mindset, sharply contrasting it from the traditional managerial mindset. The entrepreneurial mindset involves starting with existing resources instead of waiting for ideal conditions, taking action to learn, creating rather than solving, and being able to recognize the right moment to iterate, pivot, or stop with new ideas or projects.
The Story
In this game, students are part of a team and compete against other teams. Speed is most important in some parts of the game, while imagination is paramount in others. This game benefits students who are used to traditional, structured thinking and aims to shift them towards a more entrepreneurial or design-thinking approach.
Time Requirement
- Introduction - 10 minutes
- Game Play - 1 hour
- Debrief - 15 to 20 minutes
Learning Focus
- Innovation: Entrepreneurial leaders are driven to innovate in business models, products, or services, while design thinking provides a structured approach to creating innovative solutions.
- Embracing Risk and Failure: Entrepreneurial leaders take calculated risks and learn from failures. Similarly, design thinking involves prototyping and testing ideas, knowing that failure is a valuable part of the process to refine and improve the final product.
- Iterative Processes: The entrepreneurial mindset and design thinking rely on iterative processes. Entrepreneurial leaders pivot and adapt their business strategies based on feedback and changing market conditions. This is mirrored in the cycle of ideation, prototyping, testing, and refining ideas in design thinking.
- Value Creation: The ultimate goal of both the entrepreneurial mindset and design thinking is to create value — whether social, economic, or cultural.
Topics Covered
- Entrepreneurial Mindset
- Design Thinking
- Group Dynamics and Decision-Making
- Action and Collaboration
Because entrepreneurship occurs in highly uncertain environments, conventional planning rarely leads to innovation and unique value creation. The Babson College Mindset Game helps players appreciate that the power of venture creation may lie more in action and collaboration rather than analysis and competition – or to at least understand the different environments in which collaboration and competition yield better results.
Each simulation meets WCAG 2.1 Level AA Accessibility Guidelines and comes with a Teaching Guidebook for the facilitator along with 1:1 facilitator training and free trials.
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