Chief Executive Officer Arthur M. Blank School of Entrepreneurial Leadership, Babson College Wellesley, Massachusetts
“Babson College educates entrepreneurial leaders who create great economic and social value—everywhere.” Babson College Mission Statement THE SEARCH Babson College seeks a dedicated lifelong entrepreneur who has a proven record of success in both business and academia to be the inaugural CEO for the Arthur M. Blank School of Entrepreneurial Leadership. Babson has been the leader in entrepreneurship education for more than two decades. The launch of the Blank School signals a new era that will define entrepreneurial leadership and make Blank and Babson the standard of success for business education. The CEO will draw on Babson's historic strengths, talented faculty, and dedication to lead the School and the College to new heights through adherence to Arthur Blank's six core leadership principles. Babson is internationally recognized for its focus on entrepreneurial leadership in a changing global environment. The College has been highly regarded for many years for both its pedagogy and its thought leadership. U.S. News & World Report has named Babson's MBA program No. 1 in Entrepreneurship in its published rankings for 26 consecutive years. Entrepreneur adds that during the past 10 years, Babson undergraduate and graduate students have started 1,695 companies and have collectively raised $265.5 million in funding. Babson's entire entrepreneurship faculty has started, bought, or run a successful business, and 77 individual mentors worked with students through an officially sponsored school program. Babson Executive Education has regularly garnered top-10 rankings from the Financial Times for both its custom and open enrollment programs.
The CEO of the Arthur M. Blank School will be the chief executive of this bold, new institute defining entrepreneurial leadership and positioning graduates to solve grand challenges throughout the world. Reporting to the president of the College and serving on the president's council, the CEO will: oversee the development of curriculum which embodies disciplinary expertise, interdisciplinary understandings, and transdisciplinary decision-making; define and leverage opportunities for experiential learning and problem solving; support research in the field of entrepreneurship, social and economic impact, and sustainability; develop and implement a visionary business plan that leverages Babson's newly minted strategy; and direct and provide guidance to leaders of the College's centers and institutes. The ideal candidate will have extensive entrepreneurship experience and demonstrated success leading strategic initiatives. The individual will have a proven ability to work collaboratively and effectively with faculty, administrators, students, and industry while developing and maintaining strong relationships and partnerships. Babson College has retained the national executive search firm Isaacson, Miller to assist in recruiting its new CEO of the Arthur M. Blank School of Entrepreneurial Leadership. Please direct all inquiries, nominations, and applications to Isaacson, Miller as indicated at the end of this document. BABSON COLLEGE Babson College is internationally recognized for its focus on entrepreneurial leadership in a changing global environment. Founded in 1919 by financier and entrepreneur Roger W. Babson, with an emphasis on practical and efficient business education, today Babson remains distinctive in seeking, as a matter of mission, to "create economic and social value—everywhere," and, in particular, "to embrace people, planet and profit issues simultaneously, not sequentially." This mission is reflected in Babson's award-winning curricula and its continuous striving for pedagogical innovation. Mr. Babson's educational philosophy was that the College would educate through experiential learning by providing students the critical information they need to start, manage, and lead businesses. This educational vision continues to be a hallmark of the Babson College experience.
Babson awarded its first baccalaureate degrees in 1947 and its first MBA degrees in 1951. It began admitting undergraduate women in 1968. An independent, not-for-profit institution, Babson is accredited by the Association to Advance Collegiate Schools of Business (AACSB), the New England Association of Schools and Colleges, and the EFMD Quality Improvement System (EQUIS). Today, the College enrolls more than 2,400 full-time undergraduate and more than 1,000 graduate students. It grants BS, MBA, and custom MS degrees and offers executive development programs to experienced managers worldwide.
As creators and conveners of knowledge about entrepreneurship, Babson distinguishes itself through: • An Undergraduate School that provides a top-flight business education blending innovative, integrated, and applied business and liberal arts programs with curricular and co-curricular learning experiences; • The F.W. Olin Graduate School of Business, which grants highly ranked MBA and MS degrees; • An Executive Education program for professionals looking to grow in today's rapidly evolving business environment; • A world-class faculty with real-world experience—87 percent of full-time faculty hold a doctoral degree or its equivalent and are accomplished entrepreneurs, executives, scholars, authors, researchers, poets, and artists; • Global research projects that are used as key benchmarking indicators by a number of distinguished regional, national, and supranational authorities around the world; • Babson Global, which works with corporate, university, government, and foundation partners to advance entrepreneurship education and Entrepreneurial Thought and Action® worldwide; and • The Babson/Olin/Wellesley Three College Collaboration, a joint effort among the three colleges to expand educational opportunities for students, develop interdisciplinary approaches to teaching and problem solving, facilitate faculty research and teaching projects across campuses, and share best practices and collaborate in administrative functions.
CAMPUS SETTING AND LOCATION
The College occupies 375 acres of beautiful rolling hills in the suburban Boston communities of Wellesley and Needham, with satellite operations in Boston's Innovation District and, , Miami, The towns of Needham and Wellesley are predominantly residential communities, approximately 13 miles west of Boston. Their location, school systems, and communities make them highly desirable suburbs for people who work in Boston. The towns are considered a college community, and they jointly host four colleges: Babson, Wellesley, the Olin College of Engineering (contiguous to the Babson campus and part of a Three College Collaboration with Babson and Wellesley), and Massachusetts Bay Community College.
Stephen Spinelli Jr., PhD, MBA'92, a successful entrepreneur, academic leader, and scholar, began as Babson College's 14th president in July 2019, guiding the College through its centennial year and into its second century. A lifelong entrepreneur, Dr. Spinelli has spent his career at the intersection of academia, business, and philanthropy. He co-founded Jiffy Lube International and was chairman and CEO of the American Oil Change Corporation, helping to pioneer the quick-lube industry nationwide and turning Jiffy Lube into the nation's dominant competitor with more than 1,000 service centers. In September 2007, Dr. Spinelli became president of Philadelphia University, which later merged with Thomas Jefferson University to form the new Jefferson, and there he was named chancellor in July 2017. As president of Philadelphia University, he established the unique Kanbar College of Design, Engineering, and Commerce, one of America's first transdisciplinary colleges. Under Dr. Spinelli's leadership, Philadelphia University enjoyed record enrollment and retention, with particular growth in graduate enrollment, continuing and professional studies enrollment, and online enrollment. As a long-standing member of the Babson community, Dr. Spinelli spent 14 years of his career as a member of the College's faculty, vice provost for entrepreneurship and global management, and director of The Arthur M. Blank Center for Entrepreneurship. In 2011, he was inducted into Babson's Alumni Entrepreneur Hall of Fame. Dr. Spinelli earned his PhD in economics from The Management School, Imperial College, University of London, his MBA from Babson College, and his BA in economics from McDaniel College. THE ARTHUR M. BLANK SCHOOL OF ENTREPRENEURIAL LEADERSHIP On November 19, 2019, Babson College and The Arthur M. Blank Family Foundation announced a groundbreaking collaboration to advance and amplify values-driven entrepreneurial leadership on a global scale. With a $50 million investment from the Blank Family Foundation, Babson will establish the Arthur M. Blank School for Entrepreneurial Leadership. The new school will create opportunities for the entire Babson community to lead change, solve global problems, and create sustainable value across business and society through learning, teaching, research, and engagement in entrepreneurial practice. The School will more fully integrate and leverage Babson's extraordinary faculty across disciplines, as well as its centers and institutes, to deliver a more impactful, transdisciplinary learning experience. The Blank School will be defined by entrepreneurial action and values-based leadership and will adhere to Arthur Blank's six core leadership principles: put people first, listen and respond, include everyone, innovate continuously, lead by example, and give back to others. Babson undergraduate and graduate students who study entrepreneurial leadership will receive a diploma from the School, which will also serve as a convener for research, outreach, and co-curricular activities. Among the initiatives the Blank School will champion are: • The Blank Leadership Scholars: Cohorts of six aspiring entrepreneurs per class year will engage in one of the six core leadership principles and develop white papers and case studies, ultimately producing a rich library of leadership materials. • An endowed Chair in Values-based Entrepreneurial Leadership • Experiential education in the form of an incubator network, subsidized intern program, and an entrepreneur-in-residence program. These efforts will build on the unique learning experience for Babson students, preparing them to lead change, solve global problems, and create sustainable value across business and society through learning, teaching, research, and engagement. • An Entrepreneurial Leadership Village will be formed from the 22,500 square foot Babson Executive Conference Center to provide an immersive entrepreneurial experience for students, faculty, and visiting entrepreneurs. Serving as the center of Babson's entrepreneurial ecosystem, it will be a dedicated space where the community can come together to create solutions and growth opportunities through collaborative learning and experimentation. All Babson learners will benefit from increased experiential opportunities that help build holistic, real-world problem-solving skills. Students who seek to address problems in business and society require a transdisciplinary mindset and perspective to succeed. The Blank School will more fully integrate and leverage Babson's extraordinary faculty across disciplines, as well as its entrepreneurial centers and institutes, to deliver a more impactful, transdisciplinary learning experience. The Babson community has engaged in a robust strategic planning process resulting in the College's commitment to empowering entrepreneurial leaders and building the most impactful, global entrepreneurial ecosystem. These strategic themes—and the impact they will make on lives, businesses, and communities—are resonating with donors and this historic support from the Blank family is a major investment in the College's strategic vision to expand partnerships that enable experiential learning and giving back to the community; increase access and diversity; and amplify the impact Babson's people, programs, and research have on businesses and communities.
The CEO of the Arthur M. Blank School of Entrepreneurial Leadership
Babson College seeks a dedicated lifelong entrepreneur who has a proven record of success in both business and academia to be the inaugural CEO for the Arthur M. Blank School of Entrepreneurial Leadership. The CEO will draw on Babson's historic strengths, talented faculty, and dedication to be at the forefront of entrepreneurial education to lead the Blank School. They will have a blank slate for building a school and leveraging the Blank gift and Babson's reputation as a leader in business education. Using the College's strategic goals as a general blueprint, the CEO will build a school that will redefine entrepreneurial leadership and connect Babson's talented faculty, staff, students, industry partners, and alumni to solve grand challenges throughout the world. Reporting to the president of the College and serving on the president's council, the CEO, operating under the principles of innovation, excellence, and values-based leadership will:
Oversee the development of a curriculum which embodies disciplinary expertise, interdisciplinary understandings, and transdisciplinary decision-making;
Define and leverage opportunities for market facing experiential learning and problem solving;
Support research in the field of entrepreneurship, social and economic impact, and sustainability;
Babson College is an Affirmative Action/Equal Opportunity Employer, committed to enhancing diversity and inclusive excellence. Candidates who believe they can contribute to this goal are strongly encouraged to apply.
We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity,national origin, disability, veteran status,or any otherprotected characteristic. The EEO is the Law poster is available here. Babson College is committed to enhancing diversity and inclusion across all levels of the College. Candidates who believe they can contribute to this value are strongly encouraged to apply.
Internal Number: 119001619
About Babson College
At Babson, we believe that entrepreneurship is applicable?and crucial?in organizations of all types and sizes, in established businesses as well as new ventures. Today, teams, divisions, and whole enterprises are striving to be more entrepreneurial. Furthermore, entrepreneurial thought and action are happening at all levels of an organization, where collaboration complements top-down leadership.Babson College was the first to understand that thinking and acting entrepreneurially is more than just an inclination. Rather, it can be taught. And we do it better than anyone.