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.“The Babson team cracked the code on global entrepreneurial leadership for the 21st century. Their three principles—cognitive ambidexterity, responsibility and sustainability, and self- and social awareness—are the bedrock for winning on the competitive global playing field of tomorrow. A conceptually sound and very practical guidebook for leadership success.”
—Noel Tichy, Professor and Director, Global Citizenship Initiative, University of Michigan, and coauthor of Judgment (with Warren Bennis)
“Helps us understand the imperative for developing leaders who create both economic and social value. Importantly, this book offers a blueprint for how educators across the curriculum can prepare students to have the vision and ability required to achieve integrated value.”
—Nancy McGaw, Deputy Director, Business and Society Program, Aspen Institute
“Precisely what our turbulent and uncertain environment requires: a new leader with good self-knowledge and passion, able to reconcile the apparent contradictions (in the yin-and-yang tradition of the Chinese) brought by complexity. The model will be a source of inspiration, and action, for all those concerned about leadership today.”
—Henri-Claude de Bettignies, Emeritus Professor of Leadership and Responsibility, INSEAD, and Emeritus Professor of Global Responsible Leadership, CEIBS
“Working with Babson College, we’ve seen how its entrepreneurial approach to management education can unlock the growth and job-creation potential of small businesses across the United States. The New Entrepreneurial Leader is a must-read for anyone who is interested in positioning American students and businesses owners as the cornerstones of this country’s economic recovery.”
—Dina Powell, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation, Goldman Sachs Group
“As business schools reconsider their point of arrival and their future destinations, The New Entrepreneurial Leader provides a vocabulary and conceptual road map for those institutions that consider entrepreneurship and innovation as the way forward. The book both provides a toolbox and shows the power of a core focus on entrepreneurship in developing a distinctive educational program that has implications for all business schools.”
—Rakesh Khurana, Marvin Bower Professor of Leadership Development, Harvard Business School, and author of From Higher Aims to Hired Hands
Über den Autor Danna Greenberg
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Jamie J. Ladge is Patrick F. & Helen C. Walsh Professor of Management at Northeastern University. Her primary area of research focuses on the psychological and career implications of professionally employed mothers and fathers. She also researches the diversity challenges and work and family boundaries of those holding intersecting social identities. Her work has been widely published and cited in both scholarly journals and in the popular press. She received an MS and PhD from the Boston College Carroll School of Management, an MBA from Simmons School of Management, and a BS from Babson College. Danna Greenberg is Walther H. Carpenter Professor of Organizational Behavior at Babson College. Her research investigates how individuals navigate the relationship between work, family, and community as their careers and lives evolve. In addition, Professor Greenberg is actively engaged with research on the scholarship of teaching and learning. Her work has been widely published in both scholarly and practitioner outlets. She received a PhD from the Boston College Carroll School of Management and a BA in Psychology from Wellesley College.
