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Strategic Planning Update, June 2020

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Babson College Strategic Planning Update June 2020


This time last year‌ 2


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SYNTHESIS TEAM

Strategic Principles

JULY/AUG/SEPT 2019

OCTOBER 2019

FEBRUARY 2020

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When we last met… 8


FIVE STRATEGIC INITIATIVES DISCUSSED

Community Forum - March 5

• Own Entrepreneurial Leadership • Deliver Post-Undergraduate Education Where and When Learners Demand It • Develop Additional Education Models • Bolster Entrepreneurial Activity in Key Regions and Sectors • Radically Recreate the Organization

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Since then… 10


“ The COVID-19 experience proved to be a real-time market test of the strategy. The global health crisis instantaneously validated what the strategic planning process identified as strengths on which to build — specifically our initiatives around delivering education where and when learners demand it, radically re-creating our organization, and owning entrepreneurial leadership.� President Spinelli, April 2020

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COVID-19 impacts on learners globally accelerated the College’s strategy implementation in these areas: 12


COVID-19 learnings, plus ongoing refinement bring us to‌

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One Babson: Entrepreneurial Leadership Impacting Ecosystems Everywhere

Entrepreneurial Leadership

Ecosystems & Networks

Defining & Owning & Innovating Entrepreneurial Leadership AMBSEL, New academic models

Market Forces

Babson A High-Performance, Collaborative, Inclusive, Agile Community

Everywhere Expansive reach to impact learners where and how they demand it

Market engagement, market impact Industries Sectors Regional

Learner Success

Babson Online, Hubs, Partners, Technology, Babson Collaborative, Delivering a wide array of stackable content

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PRESIDENT SPINELLI SHARES HIS PERSPECTIVE Join an audio presentation to hear from President Spinelli as he shares what’s next for Babson’s Strategic Planning. Visit bab.sn/kd2wad to hear the update.

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