Welcome!

IBM Cloud Authors: Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan, Stefan Bernbo

News Feed Item

The Babson Entrepreneur Experience Lab Reports on New Group of Entrepreneurial Leaders

WELLESLEY, Mass., Jan. 29, 2014 /PRNewswire-USNewswire/ -- The Babson Entrepreneur Experience Lab, a partnership between Babson College and the Business Innovation Factory, has released a Masterclass report that defines a new category of entrepreneurial leaders who, in their work and in the organizations they build, draw on powerful new ways to create economic and social value.

The Masterclass report details the distinctive actions of these entrepreneurs that set them apart. "Masterclass Entrepreneurs challenge the separation of profit and purpose; contradict current conversation about models and scale; disrupt our ideas of a market; and call into question exactly who gets to innovate," said Babson College Entrepreneurship Professor Heidi Neck, Director of the Entrepreneur Experience Lab. "They deliver significant outcomes and generate socioeconomic value for the communities, markets and organizations they serve."

According to the report, Masterclass entrepreneurs are hybrid thinkers with three defining characteristics. They work toward scalable, sustainable, systemic solutions to the world's most pressing issues. Secondly, they struggle to secure mentorship and investment because they don't fit into pre-defined entrepreneurial categories. Finally, they need new types of relationships to succeed.

The Entrepreneur Experience Lab report found the Masterclass entrepreneurs operate in three paradigm-shifting modes:

  • Generate a repeatable approach and adapt for local context
  • Combine direct action and movement building
  • Co-generate innovation through community involvement.

Masterclass Entrepreneurs 

Robin Chase, Zipcar, Buzzcar
Masterclass Trait – Creating the New Economy

Shainoor Khoja, Roshan and Aga Khan Development Network
Masterclass Trait – Making Lives for People through Inclusion in the World's Economy

Monique Sternin, Positive Deviance Initiative
Masterclass Trait – Turning the Expert Model on Its Head

Kevin Thompson, IBM
Masterclass Trait – Growing Global Citizens through Experiential Learning

Carne Ross, Independent Diplomat
Masterclass Trait - Bringing the Excluded to the World Negotiating Table

Dries Buytaert, Drupal, Acquia
Masterclass Trait – Democratizing Web Technology

Andrew Hessel, Genetic Futurist, Pink Army Cooperative
Masterclass Trait – Programming the Living World

Henry Donahue, Purpose
Masterclass Trait – Operationalizing Movement Building

About The Babson Entrepreneur Experience Lab

The Babson Entrepreneur Experience Lab in partnership with The Business Innovation Factory (BIF) was created to put the voice and the experience of real world entrepreneurs at the center of an ongoing effort to design, develop and experiment with new ways to support entrepreneurs and accelerate new venture creation.

About the Business Innovation Factory

The Business Innovation Factory (BIF) is a platform for transforming our most intractable systems, like healthcare, education, entrepreneurship, and energy, where players — both private and public — can design and test new solutions in a real-world environment.

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.  Visit www.babson.edu

SOURCE Babson College

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...