Babson College has scored a major coup in securing Len Schlesinger to be its new president. Len has superb business credentials, but he is also a top-notch educator and also has experience in university administration. He has been working in Columbus, Ohio, with Limited Brands for several years, and it will be great to have him back in Boston. Babson already has a strong reputation, but I am predicting that Len's tenure will bring the school to a new level.
Babson joins another local business school, Bentley College, which named Gloria Larson to be its president earlier this year, in inviting a person of great energy and savvy to be its next leader. While places like Harvard Business School and MIT's Sloan School often grab the prestige of being major academic business centers, these smaller, focused colleges do a great job in training business leaders. They also play an important role in local community economic development and civic roles, a role the bigger schools sometimes forget in their zest to be world leaders.