Developing Entrepreneurial Leaders: Ensuring Your Students Develop the Most Critical Business Skill
In today’s world, every business student must learn to think like an entrepreneur, whether they’ll eventually start their own company or plan to be employed by others. How can you ensure that your students have not only learned business fundamentals but can act on them? Over 1000 business schools, including ACBSP-accredited institutions, include developing a business plan and business planning as part of their programs. Why? Because developing a business plan is a proven method of ensuring that business school students can truly demonstrate their understanding of business fundamentals and finances. Recently, a dean of an ACBSP accredited university re-instituted requiring a business plan after having abandoned it. Why? Because after a couple of years, the faculty felt they were not properly preparing their students for the real business world if they did not include a business plan as part of their required curriculum. In this session, Rhonda Abrams will share the approaches and tools business school programs have used to ensure that their students think and act entrepreneurially and the most up-to-date approaches in implementing business planning as part of business program curricula.