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Babson College
School of Executive Education
1999 Executive Education Profile
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ITEM
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1998-99
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1993-94
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% change
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Number of executive nondegree programs
(excluding multiple sessions of the same program)
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65
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24
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170%
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Number of executives attending above programs
(not including EMBA or part-time degree programs)
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1961
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960
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104%
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Percent of attending executives
who live within 45 miles of the school
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13%
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25%
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-48%
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Percent of attending executives
who live or work overseas
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40%
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33%
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21%
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Total participant days
(total participants x total length of programs)
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10842
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5684
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90%
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Percent of professors with at least 5 years full-time corporate experience
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55%
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N/A
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N/A
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Total revenues generated by "nondegree" executive education programs
(including open enrollment and custom programs)
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$9,280,000
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$3,100,000
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199%
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Total budget for nondegree executive education
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$7,428,942
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$2,480,000
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199%
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Percent of overall executive education revenue that comes from custom programs to a single company
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80%
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75%
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6%
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Percent of total revenues coming from custom programs to a specific group of companies or a consortium
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5%
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13%
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-62%
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Number of custom programs run
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56
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18
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211%
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Total revenues generated from custom programs
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$7,888,000
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$2,728,000
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189%
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Percent of participants from organizations with whom school has done business for three or more years
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45%
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N/A
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N/A
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Full course title
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The Babson Program on Corporate Entrepreneurship
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Type of course
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Open-Enrollment
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Course length
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3 Days
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Class times
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2 Sessions, 1 in March and 1 in November
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Description
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This flagship program, based on Babson's expertise in entrepreneurship, explores entrepreneurial mindsets, strategies, and systems (e.g., venture-capital standards and business plans) that drive innovation within an organization. Participants learn how entrepreneurial managers successfully capture opportunities as viable business ventures and how they recognize and assess the markets, trends, and unsatisfied or unserved customer needs. Participants also explore the full range of factors needed to generate a sound, credible business plan or project proposal, including strategies for communicating with internal and external investors, managing the financial process, and assessing the project.
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Full course title
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Consortium for Executive Development
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Type of course
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Consortium-based general management program
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Course length
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4 weeks
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Class times
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2 weeks in June, 2 weeks in September
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Description
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This corporate membership program, comprised of international companies in non-competing industries, offers an opportunity to develop an entrepreneurial perspective on international markets, customer needs, financial issues, and cross-functional teamwork. Current members include: Dow Chemical, Dow AgroSciences, Electronic Data Systems, OSRAM SYLVANIA, Inc., Petróleos de Venezuela, and The Perkin Elmer Corporation.
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Full course title
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Lucent Technologies IT Leadership Development Program
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Type of course
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Custom
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Course length
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4 weeks
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Class times
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Quarterly
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Description
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Lucent Technologies, an independent company since 1996, recently ran a new leadership development program for its IT professionals to help them become more customer focused and act as business partners with the rest of the organization.
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Full course title
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Lucent Technologies Coaching and Mentoring Program
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Type of course
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Custom Program
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Course length
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17.5 days
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Class times
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7 two and a half day modules over a 1 year period
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Description
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This program is designed to help managers within the CFO organization at Lucent Technologies become more effective as coaches and mentors for young managers and employees new to management roles. The major objectives for the program include building measurable coaching and mentoring skills, learning how to apply coaching and mentoring skills in the context of team-based work systems, and exploring different leadership styles.
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Full course title
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Strategic Planning and Management in Retailing
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Type of course
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Open-enrollment, industry specific
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Course length
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6 days
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Class times
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2 sessions, 1 in April and 1 in May
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Description
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Through intensive analysis of markets, customers, and competitors, this program explores strategies, financial and productivity analysis, assortment planning, consumer research, merchandising management, and corporate culture.
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Full course title
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Leadership and Influence
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Type of course
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Open-enrollment
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Course length
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5 days
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Class times
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2 sessions, 1 in May and 1 in October
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Description
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This program provides the skills to overcome leadership challenges and motivate people using "currencies." Participants learn to influence others, sell their vision, build teams, and gain an understanding of their leadership style and the impact it has on others.
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Full course title
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Forging and Managing Strategic Alliances
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Type of course
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Open-enrollment
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Course length
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3 days
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Class times
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June
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Description
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This program teaches managers how to reduce the ambiguity associated with partnerships, joint ventures, and other alliances by exploring how to deal with issues of balancing competing interests and managerial styles. Through interactive discussion and case studies, participants learn to form, manage, and monitor domestic and international agreements.
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Full course title
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The Home Depot Advanced Leadership Development Program
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Type of course
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Custom, General Management
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Course length
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4, 1-week modules
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Class times
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October, January, March, May
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Description
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This program is designed to aggressively prepare vice presidents, district managers, directors, and merchants with the business skills and knowledge to become future senior officers of the company. Participants are assigned executive mentors and work on important Home Depot strategic challenges.
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Full course title
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Siemens Nixdorf Entrepreneurial Development Program
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Type of course
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Custom
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Course length
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5, 1-week modules
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Class times
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Offered multiple times each year
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Description
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This program was conceived with Siemens to help the company achieve its strategic objectives through the development of entrepreneurially-oriented unit managers who will be well grounded in general management skills and possess the leadership capabilities to bring about changes in the organization necessary to support an entrepreneurial environment. The program is anchored with seven distinct themes that support the following deliverables: Opportunity Identification, Opportunity Development, and Opportunity Capture.
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Full course title
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EMC Sustaining High Performance
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Type of course
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Custom
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Course length
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4 days
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Class times
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Offered multiple times each year
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Description
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This program for high potential managers focuses on the factors that enable companies to perform consistently at a high level over an extended period of time. Faculty teach modules on: drivers of high performance, managing high performance, strategic thinking, financial strategies, lean organizational thinking, teams, and leading change.
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New Open-Enrollment Programs
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New courses launched within past 2 years
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The Babson Program on Corporate Entrepreneurship
The Babson Leadership Consortium for IT Profession
The Loyalty Effect
The Strategy and Tactics of Pricing
The Leadership Summit on Corporate Entrepreneurship
Forging and Managing Strategic Alliances
Cross-Functional Teams
Strategic Planning and Management in Retailing - I
Web Centric Application Development
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Overseas Programs / Partners
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Program
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Lucent IT Leadership Development Program
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Country
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Holland
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Partner
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No Partner
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Year established
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1999
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Program
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Novartis Senior Managers Program
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Country
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Switzerland
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Partner
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No Partner
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Year established
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1996
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Program
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Siemens Entrepreneurial Development Program
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Country
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Germany and Singapore
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Partner
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McKinsey & Company
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Year established
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1996
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Program
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Petroleos de Venezuela Developing Entrepreneurial Managers
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Country
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Venezuela
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Partner
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No Partner
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Year established
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1996
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Program
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DSM Entrepreneurial Managers Program
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Country
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Holland
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Partner
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No Partner
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Year established
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1995
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Non-University Partnerships
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Program
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The Leadership Summit on Corporate Entrepreneurship
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Partner
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Linkage, Inc.
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Year established
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1998
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Program
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The Loyalty Effect
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Partner
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Bain and Company
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Year established
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1998
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Program
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Strategy and Tactics of Pricing
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Partner
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Strategic Pricing Group
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Year established
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1998
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Program
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Web Centric Application Development
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Partner
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Cambridge Technology Partners
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Year established
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1998
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Program
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Lucent Business Leaders Program
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Partner
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Anderson Consulting
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Year established
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1998
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Distance courses offered or planned
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Babson is capable of delivering distance learning programs through a variety of mediums, including the Internet, 2-way video conferencing, and wide-area network computing. This capability has been realized through proprietary development, collaboration with other academic institutions, and partnerships with private companies. Since executive programs by their nature rely heavily on interpersonal interaction and group dynamics, the school's philosophy has been to integrate technology delivered content as a supplement to the traditional classroom experience, thereby leveraging the advantages of both.
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Nondegree functional
programs
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Lucent Technologies
Fidelity Investments
Bell Atlantic Corporation
The Home Depot
EMC
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Nondegree general
programs
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Compaq Computer Corporation
Siemens
Lucent Technologies
Hartford Commercial
Pitney Bowes
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Custom programs to a single company or consortium
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AT&T
Lucent Technologies
Dow Chemical
Perkin-Elmer Corporation
OSRAM Sylvania Inc.
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Organizations school has done business with for three or more years
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AT&T
Dow AgroSciences
Dow Chemical
Dunkin' Donuts, Inc.
Electronic Data Systems Corporation
Fidelity Investments MMIH
Genzyme Corporation
Hoffmann-La Roche & Co.
JC Penney
Lego Systems Incorporated
LIMRA International
MITRE Corporation
Novell
OSRAM Sylvania, Inc.
Perkin-Elmer Corporation
Siemens AG
Allied Domecq Retailing USA
Ameritas Life
Atlantic Data Services
Domecq Importers, Inc.
UNUM Life Insurance Company of America
VOMAR Voordeelmarkt B.V.
Walgreen Drug Company
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Date of
construction
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1988
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Number of classrooms
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17
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Cost
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$13,000,000
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Comments
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Babson has begun a $22 million expansion of its facilities, which is scheduled to be completed by the fall of 2001. This renovation includes 22 new classrooms and 75 additional sleeping rooms.
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