The Babson College Mindset Game

Simulation Overview

The Babson College Mindset Game is designed to foster an entrepreneurial mindset, sharply contrasting it from the traditional managerial mindset. The entrepreneurial mindset involves starting with existing resources instead of waiting for ideal conditions, taking action to learn, creating rather than solving, and being able to recognize the right moment to iterate, pivot, or stop with new ideas or projects.

Time Requirement

• Introduction - 10 minutes
• Game Play - 1 hour
• Debrief - 15 to 20 minutes

The Story

In this game, learners are part of a team and compete against other teams. Speed is most important in some parts of the game, while imagination is paramount in other parts. This game is beneficial for individuals working in organizations historically dominated by managerial thinking and aims to shift them towards a more entrepreneurial or design-thinking approach.

Learning Focus

• Innovation: Entrepreneurial leaders are driven to innovate in business models, products, or services, while design thinking provides a structured approach to creating innovative solutions.
• Embracing Risk and Failure: Entrepreneurial leaders take calculated risks and learn from failures. Similarly, design thinking involves prototyping and testing ideas, knowing that failure is a valuable part of the process to refine and improve the final product.
• Iterative Processes: The entrepreneurial mindset and design thinking rely on iterative processes. Entrepreneurial leaders pivot and adapt their business strategies based on feedback and changing market conditions. This is mirrored in the cycle of ideation, prototyping, testing, and refining ideas in design thinking.
• Value Creation: The ultimate goal of both the entrepreneurial mindset and design thinking is to create value — whether social, economic, or cultural.

Topics Covered

• Entrepreneurial Mindset
• Design Thinking
• Group Dynamics and Decision-Making
• Action and Collaboration

This simulation is WCAG Compliant for the participants.

Each simulation comes with a Teaching Guidebook for the facilitator along with 1:1 facilitator training and free trials.

Other Simulations You May Like

---

This simulation is by Heidi Neck, Babson College, and Forio