In years past, the keywords for leaders were confidence, single-minded purpose, and strategic planning. But today's vastly complex, globalized, and fast-evolving world requires a different kind of leadership. This game-changing book details a new approach-entrepreneurial leadership-developed at Babson College, the number-one school for entrepreneurship in the world.
Entrepreneurial leadership is inspired by, but is separate from, entrepreneurship. It can be applied in any organizational situation, not just start-ups. Based on two years of extensive research, it embraces three principles that add up to a fundamentally new worldview of business and a new logic of decision making.
First, rapid change and increasing uncertainty require leaders to be "cognitively ambidextrous," able to shift between traditional "prediction logic" (choosing actions based on analysis) and "creation logic" (taking action despite considerable unknowns). Guiding this different way of thinking and acting is a new view of business, where simultaneous creation of social, environmental, and economic value is the order of the day. Finally, entrepreneurial leaders leverage their understanding of themselves and their social context to guide effective action.
Each chapter offers concrete examples of how educators across all disciplines are integrating these ideas into their courses-and even their entire curricula. The New Entrepreneurial Leader lays out a comprehensive new paradigm for reinventing management education in order to mold leaders who will shape social and economic opportunity.
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Danna Greenberg is associate professor of management at Babson College, where she holds the Mandell Family Term Chair.
Kate McKone-Sweet is associate professor of operations management at Babson College and chair of the Technology, Operations, and Information Management Division.
H. James Wilson is a senior researcher and writer at Babson Executive Education.
Chapter 1: Entrepreneurial Leadership: Shaping Social and Economic Opportunity
Part I: A New Way of Thinking and Acting: Developing Cognitive Ambidexterity
Chapter 1: Cognitive Ambidexterity: The Underlying Mental Model of the Entrepreneurial Leader--Heidi Neck
Chapter 2: Creation Logic in Innovation: From Action Learning to Expertise--Sebastian Fixson & Jay Rao
Chapter 3: Prediction Logic: Analytics for Entrepreneurial Thinking--Tom Davenport & Julian Lange
Part II: A New Worldview: Social, Environmental, and Economic Responsibility and Sustainability
Chapter 4: SEERS: Definging Social, Environmental and Economic Responsibility and Sustainability
Chapter 5: Beyond Green: Encouraging Students to Create a Simultaneity of Positive SEERS Outcomes--Toni Lester & Vikki L. Rodgers
Chapter 6: Sustainability Metrics: Has the Time Arrived for Accountants to Embrace SEERS Reporting?--Janice Bell, Virginia Soybel, & Robert Turner
Chapter 7: The Financial Challenge:Reconciling Social and Environmental Value with Shareholder Value--Richard Bliss
Part III: Self and Social Awareness to Guide Action
Chapter 8: Learning From and Leveraging Self-Awareness--James Hunt, Nan S. Langowitz, Keith Rollag, and Karen Hebert-Maccaro
Chapter 9: Fostering Entrepreneurial Leaders' Social Awareness--Stephen Deets & Lisa DiCarlo
Chapter 10: Using Social Media Technology to Build and Engage Social Networks--PJ Guinan & Salvatore Parise
Part IV: Management Educators as Entrepreneurial Leaders
Chapter 11: A New Pedagogy for Teaching "Doing": Preparing Entrepreneurial Leaders for Values-Driven Action
Chapter 12: Curriculum-Wide Change: Leading Initiatives to Develop Entrepreneurial Leaders
About the Authors and Babson Faculty Contributors
Dewey Decimal Classfication (DDC)