The posting
THE OPPORTUNITY The Executive Director of the Bertarelli Institute for Family Entrepreneurship is responsible for building Babson’s Family Entrepreneurship brand and practice, providing campus leadership around family entrepreneurship initiatives; developing, implementing and scaling programs supporting the education of family entrepreneurs; and representing The Bertarelli Institute externally. Specifically responsible for creating a global brand and presence for Babson in family entrepreneurship; scaling existing, and creating new, impactful programming for current and future Babson students; supporting the development of impactful research on family entrepreneurship; providing a connection point for Babson family business alumni, students, and their families. The Executive Director achieves these goals through collaboration with the Blank School Centers and Institutes Leadership team, the Distinguished Professor of Family Entrepreneurship, the Bertarelli Institute Advisory Board, the Global Family Entrepreneurship Network (GFEN) Board, and other Babson faculty and staff.
The Bertarelli Institute for Family Entrepreneurship is a learning hub which extends Babson’s founding mission, amplifying the capacity of enterprising families around the world to create economic value and social impact built upon the foundation of stronger family relationships. The business, investment, and philanthropic activities of entrepreneurial families are significant drivers of the global economy. Consistent with Babson’s leadership in entrepreneurship education, and unlike any other school, Babson’s commitment to family entrepreneurs recognizes that families, not just family businesses, drive entrepreneurial behavior. This includes the support of multigenerational family businesses, family foundations, startups and acquisitions supported by families, spousal startups, entrepreneurial family members embarking on separate ventures, and many other value-creating family activities.
WHAT YOU WILL DO
Provides strategic direction and leadership towards the achievement of the Institute’s mission and goals that align with the College’s Critical Few Objectives. Oversees the day to day operations of the Institute, leads the development and delivery of signature programs in collaboration with the Blank School’s program delivery and execution team, manages the budget, works towards financial sustainability through revenue generation and fundraising efforts, anticipates problems and issues and initiates appropriate action without supervision.
Collaborates closely with appropriate Babson College units (i.e., Center and Institute Executive Directors, President’s Office, Admissions, Undergraduate School, Graduate School, Executive Education, Advancement, Student Affairs, Alumni Affairs, College Marketing, and Babson Academy) and corporate sponsors to advance shared objectives.
Responsible for identifying and executing upon revenue generating programs that will build Babson’s Family Entrepreneurship brand, meet the lifelong learning needs of Babson’s family entrepreneurship community, and ensure revenue generation and funding sources exceed Institute expenses and costs, making the Institute self-sustainable.
Collaborates with the Distinguished Professor in Family Entrepreneurship to lead the institute, providing strategic leadership that develops programming and events that serve the needs of all Bertarelli Institute constituents.
Oversees the coordination of co-curricular and curricular activities and programs, including the Family Entrepreneurship Amplifier Program (a multi-year student and family experience), Family Entrepreneurship Peer Forums, the Live Case Study series, Networking by Industry groups, Family Entrepreneurship Week, The Amplifier Family conference, and the Family Entrepreneurship Mentor Program. Interfaces with students, alumni, faculty, development, and other campus staff for the successful execution of these programs.
Executes on the annual Babson Campus Global Family Entrepreneurship Award including identifying and recruiting the awardee, generating media around the award, and creating an appropriate award event.
Builds volunteer team of Executives in Residence, mentors, forum moderators, and research fellows to support the institute’s work.
Conducts research independently and/or in collaboration with Babson faculty on family entrepreneurship topics; creates live case studies, leads live case study sessions, and creates thought leadership pieces for practitioner-focused media outlets.
Builds strategic alliances with external entrepreneurship programs, organizations, and associations (e.g., Family Firm Institute and Family Entrepreneurship Research Conference), and other affinity groups that align with the Institute’s mission and objectives.
Works closely with the Advancement team to identify and pursue funding opportunities, and continuously create new ways to engage alumni, parents, sponsors, foundations, and other key stakeholders to help drive giving to the Institute. Meets with high-level donors, creates programs for advancement purposes, and develops key relationships to optimize annual giving plans with the goal of having all programming, research, and signature events endowed.
Serves as the spokesperson for the Institute and family entrepreneurship, attending family business events and conferences and representing BIFE and Babson externally.
Manages the annual budget process and P/L, monthly, and quarterly financial updates in order to keep finances stable for the Institute and the institution current on its operating budget. Works closely with the Finance team to ensure accountability and oversight for the Institute’s budget management process.
Leverages institutional resources and systems to capture, track and analyze critical information on Babson’s family entrepreneurship community including all participants in Bertarelli events/programs (graduate, undergraduate & alumni) including engagement, feedback, and outcome metrics.
Responsible for partnering with College Marketing and the Blank School program delivery team on the strategy and execution of communications, PR and thought leadership, including newsletters, website design, social media strategies, and digital marketing efforts.
Assume additional responsibilities as required.
YOUR TEAM WILL INCLUDE
Associate Director(s)
Temps/Student Workers
WHAT EDUCATION AND SKILLS YOU WILL NEED
Master’s Degree or equivalent experience
At least 10-15+ years in a responsible leadership role, including strategic opportunity, business development, and competitive assessment experience and at least 5+ years of experience leading a family business with revenues of $100 million or more.
Proven ability to work with colleagues across multiple departments and divisions including experience working with students and multiple stakeholders (corporate, non-profit, or other constituencies).
Must have program management expertise and proven experience in designing and coordinating events.
Proven ability to fundraise.
Must have some experience working with or in higher education.
Must have experience managing budgets, developing funding proposals, and experience with grant-writing.
Must be a self-starter with the ability to influence, lead and motivate others who are not direct reports and facilitate difficult conversations/negotiations.
Must have leadership, supervisory, and creative problem-solving experience.
Must have excellent oral, written, telephone, and presentation skills as well as a strong attention to detail.
Must have superior analytical, database management skills and familiarity with project management tools.
Ability to operate with a high degree of confidentiality.
Exceptional entrepreneurial leadership skills, including ability to identify opportunities, share ideas, and take action in uncertain environments.
Ability to create an environment where direct reports have the freedom and security to take initiative; deal with complexities with resilience, resourcefulness, and optimism; and appreciate open mindedness, creativity, and agility in thought and tactics.
Ability to embrace ideas and changes created by all community members.
Ability to work independently to solve problems; look for opportunities to take on responsibility; take thoughtful risks; and effectively act on new and ongoing initiatives, objectives, and solutions to gain sought-after results.
Ability to anticipate and effectively handle change; demonstrate willingness to try new skills and challenging tasks; and is flexible in changing conditions.
Must have proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint, SharePoint, JIRA, OASIS), Webex, as well as knowledge of HTML.
Must have a strong proficiency in social media platforms: Facebook, Twitter, LinkedIn, WordPress. Familiarity with social media tools including dashboards.
HOW AND WHERE YOU WILL WORK
Must have a valid passport and be able to travel domestically and internationally as appropriate to develop new partnerships and to represent the Institute.
This position is required to be in person on campus at least three days per week during the academic year.
ADDITIONAL SKILLS YOU MAY HAVE
PhD preferred.
This is an exempt position with the following pay range: $185,555-$206,172; the role is also eligible for bonuses based on performance and budget.
Babson College offers a comprehensive benefits package for full-time employees working at least 28 hours per week.
- Insurance Coverage: Medical, dental, vision, group life and long-term disability insurance, business travel accident insurance, and mental health benefits.
- Time Off: Starting at 3 weeks of vacation annually, 2 weeks of sick time, 1 week of paid family illness time, 6 weeks of paid parental leave, and 12 paid holidays per year. President’s holidays are determined each year.
- Retirement: Participation in a 403(b) retirement plan with mandatory employee contributions and a 4:1 employer match.
- Additional Benefits: Wellbeing programs, virtual fitness platform, and employee assistance program.
All questions or concerns about this posting should be directed to the Office of Human Resources at [email protected].
