Wellesley, Mass., USA…Babson Executive Education, USA, and Tsinghua University, China, are partnering to deliver a new program, Entrepreneurial Strategies for Innovation and Growth at Large Companies, to major organizations in China, Oct. 23-26, 2006 at the School of Economics and Management (SEM), Tsinghua University.

In an era of globalization, the new program is designed to help big companies plan and realize effective tactics for innovation and growth—key to keeping world economies dynamic, competitive, and productive.

China’s economy is the world’s fastest growing major economy and the second largest with a GDP of US $9.412 trillion in 2005.  Babson Executive Education Dean Elaine Eisenman sees great opportunities for Babson.  "We can help large Chinese companies manage rapid growth by providing the knowledge to innovate and the mind-set and tools to implement."

Faculty from Babson and Tsinghua SEM will use highly interactive teaching methods that blend case studies and practical experience from large Chinese companies and corporate innovators such as Hewlett Packard, IBM, Siemens A.G., Saudi Arabian Oil Company, Bank of America, and Boston Scientific.

Since 1981, Tsinghua University has offered executive education programs that have helped managers succeed in the world’s most dynamic economic system. Tsinghua has received acclaim for its intellectual innovation and practical application of its teachings both among academic circles and the business society in China.

Consistently ranked among the world’s top executive education providers, Babson Executive Education fosters the entrepreneurial spirit:  the drive to identify opportunities and bring them to commercial realization.  Babson shows corporations how to be agile, efficient, and effective under adverse conditions and during periods of growth. Babson Executive Education is ranked among the world’s leading providers of executive education by both BusinessWeek and Financial Times. Program participants cite Babson’s faculty, course design, and accommodations among the best in the world.