Category: Education and Teaching

To Engage Business Students, Roll Out 'the Barrels'

Many of us may remember the “Choose Your Own Adventure” books from childhood. In these tales, the story develops to a point and presents a scenario choice to the reader. Depending on the choice Read more

Future Family Business Owners Can Learn to Manage Conflict

Conflict is inevitable in family-run businesses. Learning how to manage it and channel it productively is an important skill for entrepreneurship students who may someday manage their own family's Read more

Babson Professor Heidi Neck, the 2016 Schulze Entrepreneurship Educator of the Year and author of two books on entrepreneurship pedagogy, believes that future entrepreneurs need teachers who can Read more

As more students seek to become entrepreneurs, the schools that teach them must be entrepreneurial themselves. This means taking a fresh look at what they teach and the skills and mindsets that Read more

Advice for Non-Family Executives in Family Businesses

Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather. When it closed, he felt a personal loss that persists Read more

Group work has been implemented successfully for years at the K-12 level, but has been slow to catch on within higher education. Group work, or cooperative learning, offers a host of benefits to both Read more

Business plan courses are excellent tools to teach theory, but not the practical skills students need to know in order to become entrepreneurs. Historically, entrepreneurship teaching methods have Read more

Acres of Diamonds: Advantages of Working in Your Family Business

The purpose of this exercise is to help students understand the advantages and challenges of working in a family business or of being in a business family. Some students who have worked in their Read more

Real-Life Drama: Creating a TV Series Based on a Family Business

The purpose of this class project is to help family business students understand the complexities of family business management by requiring them to integrate multiple principles and lessons and to Read more

Babson College’s flagship undergraduate course, “Foundations of Management and Entrepreneurship (FME),” was created in 1996 (as Foundation Management Experience) to give all first year Read more