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Episode description
Dr. Stephen Spinelli Jr. is the 14th president of Babson College, having assumed the role in July 2019. A lifelong entrepreneur, President Spinelli has spent his career at the intersection of academia, business, and philanthropy. Under his leadership, Babson College was named the 10th best college in the United States by The Wall Street Journal and has retained its long-standing place atop U.S. News & World Report’s undergraduate and graduate entrepreneurship rankings.
He co-founded Jiffy Lube International and was chairman and CEO of the American Oil Change Corporation, helping to pioneer the quick-lube industry across the United States and turning Jiffy Lube into the America’s dominant competitor with more than 1,000 service centers.
President Spinelli is a long-standing member of the Babson community. He spent 14 years of his career as a member of the College’s faculty, as vice provost for entrepreneurship and global management, and as director of The Arthur M. Blank Center for Entrepreneurship.
In September 2007, he became president of Philadelphia University, which later merged with Thomas Jefferson University to form the new Jefferson, where he was named chancellor in July 2017. Under his leadership, Philadelphia University enjoyed record enrollment and retention, with particular growth in graduate enrollment, continuing and professional studies enrollment, and online enrollment.
President Spinelli earned his PhD in economics from The Management School at the University of London’s Imperial College London, his MBA from Babson College, and his BA in economics from McDaniel College.
Transcript
This is CEOs you should know powered
by iHeartMedia, America's largest audio company. Name is Steve Spinali. I am
the proud president of Babson College. We have over the years expanded clearly into
the NBA market, and from the NBA market, we have expanded into a
broad portfolio of graduate business degrees. Sort of evolution of the social mindset.
Now they don't see a career path as
this linear progression. They see it
as a series of engagements. And they could do a startup and then go
into something else, and then be a corporate player and then do another startup, and it is a more natural phenomenon for them. And I think it's
supported by society that is disrupted all the time, and those disruptions jar you
into a different mindset and help you see the world in different ways and maybe
create different problems and have different solution sets.
And if you can engage yourself in
that process, then you become much more the master of your own destiny, you know, and start of the human endeavor is very personal, and
so who you are is different than everyone else in the history of the world. And to sort of let that blossom in and be a part of your
business model is ultimately why we're hearing this
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