Newswise — Babson Executive Education has won Silver in the 2014 EFMD Excellence in Practice Awards for the Saltire Fellowship Program, a Babson custom-designed program to help transform the Scottish economy through entrepreneurial leadership. Babson was honored for its submission to the Talent Development category.

Other management education institutions that received top honors included: Ashridge Business School, University of Chicago Booth School of Business, University of Auckland Business School, IMD, and Amsterdam Business School.

The Saltire Fellowship Program is sponsored by The Saltire Foundation, an independent Scottish charity whose mission is to find, fuel and spark the next generation of business leaders in Scotland.

Babson trains a select group of Saltire Fellows in the skills and entrepreneurial mindset required to take a leadership role within Scottish business. The Fellowship blends the teaching from Babson College with hands-on international experience at a large multinational company as well as a Scottish high-growth, small- to medium-sized enterprise.

“Babson College truly values its extraordinary partnership with the Saltire Foundation," said Dr. Elaine J. Eisenman, Dean of Babson Executive and Enterprise Education. “Our mission is to educate entrepreneurial leaders who create great economic and social value—everywhere. The Saltire Fellowship Program reflects a shared vision for how individuals, organizations, and regions can grow and evolve. On behalf of Babson, we commend Saltire for the transformative impact that it is having on Scotland and we look forward to many more years of partnering together on this important work.”

“Babson is playing an integral role in transforming Scotland’s economy through the learning and development services they provide to our Saltire Fellows,” says Sandy Kennedy, CEO, The Saltire Foundation, “Their expertise in entrepreneurship makes them an ideal partner for the innovative and groundbreaking Saltire Fellowship Program.”

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About EFMD

EFMD is an international membership organization, based in Brussels, Belgium. With more than 820 member organizations from academia, business, public service, and consultancy in 81 countries, EMFD provides a unique forum for information, research, networking and debate on innovation and best practice in management development. EMFD is recognized globally as an accreditation body of quality in management education, with established accreditation services for business schools and business school programs, corporate universities, and technology-enhanced learning programs.

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society—while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value. Visit

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