How to create a successful business model using Babson’s Entrepreneurial Thought & Action® methodology


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Phillip Kim
Last Update October 31, 2022
1 already enrolled

About This Course

As the No. 1 leader in entrepreneurship for 29 consecutive years, Babson is globally recognized for our one-of-a-kind Entrepreneurial Thought and Action® (ET&A™) methodology through our conferences and classes—available both in person and online—that teach graduates, and executives to balance action, experimentation, and creativity with a deep understanding of business fundamentals and rigorous analysis as the ideal approach to creating economic and social value.

Using entrepreneurship as a way to look at the world, we can solve more than just business problems. ET&A™ is a proprietary methodology. You can apply it to innovating within a large corporation, raising a family, creating a charity, solving global social issues, or starting a business. Our courses and events teach you how to apply this proprietary method so that you can create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations.

Module I – Entrepreneurship, Analytics, and Strategy of the Firm

This course provides an overview of the entrepreneurship method that will enable entrepreneurs to create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations, while also introducing students to the use of analytics throughout the lifecycle of business applications. Babson’s proprietary method called Entrepreneurial Thought and Action® (ET&A™) is teachable and learnable but is not predictable. This is a results-oriented course that emphasizes early action in order to test and refine new venture concepts.

Session topics include:
  • Innovation uncertainty in the corporate environment
  • Design Thinking
  • Shareholder Value and EVA//Multi Business Strategy in Large Corporations
  • Industry Analysis
  • Ecosystems and Competitive Positioning
  • How Big Companies Make Decisions

Module II – Entrepreneurship & Opportunity

Entrepreneurship & Opportunity (E&O) – This course provides an overview of the entrepreneurship method that will enable you to create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations. Babson’s proprietary method called Entrepreneurial Thought and Action® (ET&A™) is teachable and learnable but is not predictable. This is a results-oriented course that emphasizes early action in order to test and refine new venture concepts”

Module III – On Becoming Entrepreneurial: Context-based Entrepreneurial Action

This course drives entrepreneurs to uncover, develop, and put into practice Babson’s proprietary method, called Entrepreneurial Thought and Action® (ET&A™), regardless of the type of organization they are in.  The tenets of the course are applicable in all organizations but there is an emphasis on becoming and being entrepreneurial inside a large existing organization.  Participants will assess and develop their own entrepreneurial skills and learn how to apply them in their particular organizational setting (corporate, non-profit, government, etc.).  The focus is on how to apply the concepts of ET&A and other frameworks in order to affect entrepreneurial outcomes in any organizational setting. Participants will benchmark from existing research within Fortune 500 companies, popular press books, case studies, mini-cases, videos, experiential exercises, business press articles, and other relevant material.

Your Instructors

Phillip Kim

5.0/5
2 Courses
1 Review
18 Students
Phillip H. Kim is an internationally recognized expert on entrepreneurship. He studies, teaches, and advises on different aspects of how entrepreneurial ideas become reality. Specifically, his research interests include start-up processes and founding teams, institutions and entrepreneurship, cross-national differences in entrepreneurship (especially in emerging economies), technology entrepreneurship, and innovation narratives. To explore these interests, he has examined data from a variety of contexts including surveys of entrepreneurs in the U.S., Europe, and Asia; census data in Sweden; the early history of radio broadcasting; a respected technology transfer office; and a popular crowdfunding platform. Dr. Kim regularly advises entrepreneurs on issues related to launching and establishing their businesses and coaches student entrepreneurs as they start their businesses. Prior to becoming an academic, he worked as a management consultant advising businesses in the manufacturing, agriculture, professional services, and non-profit sectors. He also worked for a leading regional supermarket as an operations analyst.  
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