integrating skills and competencies
TRANSCRIPT
© A. Lindemanis 17Nov06
Riga
Integrating Skills and Competencies into the Curriculum: Studying for Work
Dr. Arthur LindemanisVice Rector for ResearchBanking Institution of Higher Education
The 20th Annual Businet Conference 2006“Skills, Competencies and Employability”17 November 2006 Berlin
© A. Lindemanis 17Nov06
RigaBanking Institute of Higher Education
Host to 2007 Businet Conference in Riga Latvia
Next YearThe 21st Annual Businet Conference
2007“Skills, Competencies and
Employability” November 14-17 2006 Riga
© A. Lindemanis 17Nov06
© A. Lindemanis 17Nov06
© A. Lindemanis 17Nov06
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Banking Institution Banking Institution of Higher Educationof Higher Education
Riga, Latvia
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• BIHE was founded in 1992 as a Latvian Banking College
• Over its first decade it has developed from a Banking College initially offering studies in 2 areas – banking and finance to just 216 students into a modern institution of higher education providing studies for more than 2660 students in 8 study programms.
Short history
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2002BIHE 10th anniversary celebration
BIHE students w/ school flag at Monument of Freedom
2007BIHE 15th anniversary celebration
BIHE 9th International ConferenceInnovation & Creativity
October 2007
Businet 21st Annual ConferenceSkills, Competencies & Employability
November 2006
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Eco
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Ban
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Bu
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Fin
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Business Specialist
2nd level professional HE
Prof. Bachelor Degree
Post graduate studies
Doctoral studies
FinanceMBA
2,5
year
s
4 ye
ars
1.5
year
sProfessional Master degrees
1st level professional HE
International Finance and Banking
2 ye
ars
DBA 3 years
Banking Specialist
MBA with SBSSwitzerland
With RESBAA& VeADr. Economics
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BIHE academic staff
• BIHE academic staff consists of:– 43 full-time lecturers from which 9 have
doctor's degree and 13 are PhD students;– About 60 guest lecturers coming from such
organizations as: • State Revenue Service,• Banks,• The Bank of Latvia,• Association of Commercial Banks of Latvia,• Welfare Ministry of Latvia,• Riga City Council,• Government Control.
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BIHE international activities:• Membership in the international networks:
– NEW Businet as of 2006
– BMDA – Baltic Management Development Association (41 member from 14 countries)
– CEEMAN - Central and East European Management Development Association (169 members from 40 countries in Europe, North America, Africa and Asia );
– EURASHE - the European Association of Institutions in Higher Education (members from 14 countries);
– PRIME Networking (members from more than 10 countries);
– SPACE Association – promoting business studies, foreign languages, and intercultural communications
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The mobility of BIHE students abroad under SOCRATES/ERASMUS program
Academic year Number of students
2000/2001 2
2001/2002 7
2002/2003 8
2003/2004 13
2004/2005 45
2005/2006 52
2006/2007 (planned)
Goal63
200
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Co-operation partners:
• Banking Institution of Higher Education, Pinsk, Belarus.• KHLueven, Belgium; • EHSAL, Belgium; • Katholieke Hogeschoole Mechelen, Belgium; • Karel de Grote Hogeschoole, Antwerp, Belgium;• Tietgen Business College, Denmark; • Estonian Business School, Estonia;• Hamme Polytech, Turku, Finland;• University of Applied Sciences Osnabruck, Germany;• International School of Management, Lithuania;• Vilnius College, Lithuania;• Banking and Finance Academy, Uzbekistan
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Participation in projects• EU Tempus Project joining 10 members from Latvia,
UK, Sweden and Spain;• PRIME international “Euroweek” students project
competition• Leonardo Pilot Project on logistics terminology; • INTERLOG – international project to work out
dictionary of logistics;• SPACE Network Project on business studies:
European exam; • Euro Module Dissemination Project in Malta;• Socrates IP Programs in Germany and Austria on
business studies and case design. • Online Case Study Project with Turku Polytechnic,
Finland on marketing issues;
© A. Lindemanis 17Nov06
Integrating Skills and Competencies into the Curriculum:
Studying for Work
For the Growth of Creative Personality
Businet workshops identified many skills & competencies stressing “soft” ones:
Critical Thinking LeadershipEntrepreneurial Team BuildingInnovative CommunicationsCreative Inter-DisciplinaryAdaptable Life Long LearningSocial ……
© A. Lindemanis 17Nov06
Integrating Skills and Competencies into the Curriculum:
Studying for Work
For the Growth of Creative Personality
Businet workshop identified many educational approaches and tools:
Active learning Team BuildingContext-based learning Projects Multi-media ThesesCase Studies Field researchComputer Based Training Consulting projectsComputer simulations InternshipsE-learning …Videoconferencing
© A. Lindemanis 17Nov06
Preparing today’s students, employees & leaders for tomorrow’s business environment Goals?
For the Growth of Creative Personality
Why creativity?Ability to address Real World Issues in today’s competitive environment:
Global hyper-competition with accelerating changes
© A. Lindemanis 17Nov06
Real world issues:Global hyper-competition with accelerating
changesGlobal hyper-competition with rapidly accelerating changes in technologies and markets is forcing companies to cope with increasing business complexity to achieve strategic objectives.
Product cycle lifetimes are dramatically decreasing while customer expectations are increasing
Preparing today’s students, employees & leaders for tomorrow’s business environment
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The Challenge: Creating and Sustaining Growth
70% % of all new products launched by established 90% companies that fail
90% % of companies that are unable to sustain above average growth rate for more than a few years
75% % of M&A s that fail to achieve forecast synergies
80% % of venture capital funded start-ups that fail
51% % of Enterprise Resource Planning systems are that are unsuccessful
70% % of Customer Relationship Management systems that fail to generate benefits
65% % of promotions that fail to generate a profit
20% % of stores that run out of stock during promotions
Guess the % failures and why?
© A. Lindemanis 17Nov06
Real world issues:Global hyper-competition with accelerating
changes
Explore familiar examples:TelecommunicationsInformation TechnologyRetailFashion
UsingArticles & Info from thesesVideosWebcastsCase studiesOn-line computer simulation
Exploring today’s competitive environment
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Teaching Business Strategies for Innovation-Driven Growth
Extensive use of videos& WebcastsCheap sources:
•Textbook Publishers•ECCH•HBS•Professional associations•Consulting firms•Vendors
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Innovation IDEO Case Study
“Deep Dive” ABC Nightline video 1999 “IDEO” Instead Case 2005
Innovation applied to service industry 3 mini-cases [passenger transport, on-line financial & mobile
phone] Applying IDEO methodology to hospitals
The world’s most successful design firm
“Organized chaos”“Fail often – To succeed sooner”
Take aways: Creative designs and solutions can be transformed into a
systematic process Comparison with Inditex – fashion design made into an
“assembly line” process [30 days from concept to in-store delivery world wide]
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Explore familiar examples:TelecommunicationsPersonal ComputersRetailFashion
UsingArticles & Info from thesesVideosWebcastsCase studiesOn-line computer simulation
Real world issues:Global hyper-competition with accelerating
changes
Exploring today’s competitive environment
© A. Lindemanis 17Nov06
Computer Based TrainingFlight SimulatorBusiness simulations Game Theory BCG “DICE”
AssessmentsFranklinCoveyBoozAllenHamilton
Interactive Computer Resources
Simple but powerful simulator
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Retail: Lots of cases and on-line resources
Explore familiar examples:TelecommunicationsInformation TechnologyRetailFashion
UsingArticles & Info from thesesVideosWebcastsCase studiesOn-line computer simulation
Real world issues:Global hyper-competition with accelerating
changes
Exploring today’s competitive environment
© A. Lindemanis 17Nov06
Real World Issues …
Real World Issues …
SAP Webcast Challenges in Consumer Product Sector
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Exploring today’s competitive environment
Zara’s Fast FashionExcellent HBS multimedia case
Explore familiar examples:TelecommunicationsInformation TechnologyRetailFashion
UsingArticles & Info from thesesVideosWebcastsCase studiesOn-line computer simulation
Real world issues:Global hyper-competition with accelerating
changes
© A. Lindemanis 17Nov06
Preparing today’s students, employees & leaders for tomorrow’s business environment
Approach
For the Growth of Creative Personality
“How Business Schools Lost Their Way”Too focused on “scientific” research, business schools are hiring professors with limited real-world experience and graduating students who are ill-equipped to wrangle with complex, unquantifiable issues-In other words, the stuff of management
Harvard Business Review May 2005
Stanford University discards MBA curriculum2006
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Business Decision Making Framework
GM PowerTrain Study by Charles FineGM PowerTrain Study by Charles Fine
+
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Pan Europa Food Case
Extensive Product Changes Minor
Min
or
Pro
cess
Ch
ange
s M
ajor
Breakthrough
Platform
Derivative
1
2
3
4R&D
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11 Projects from 5 Dept:Strategy Marketing SalesDistribution Manufacturing
Short Interdisciplinary Case – Suitable for role playingfinancial & strategic decisions including corporate politics
Disciplines: Financial management, project management, marketing, strategic management, negotiations
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Industry Sources Major Resource
http://www.aberdeen.com/c/report/benchmark/RA_GlobalTrade_BE.pdf
New industry reports
Approaches:1. In-Class Challenge2. Apply it!
• Apply to your company • Extend to Latvia
3. Projects & theses
“New Strategies for Global Trade Management”Aberdeen 2005
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In-class Challenge High- Performance Global Trade
Primary barriers to efficient global SCM:Distance Country borders Time-zone differences Cultural diversities Organizational silos LanguageDistinct corporate goals Counterfeiting
Stanford University’s Global Supply Chain Management Forumand Accenture symposium February 9, 2005
Drivers forcing more effective global SCM: Increasing globalization Increasing clockspeed of product & technology life cycles Increasing complexity of legal and regulatory requirements Increasing anxiety faced by companies in a global economy
© A. Lindemanis 17Nov06
Integrating Skills and Competencies into the Curriculum:
Studying for Work
For the Growth of Creative Personality
Many educational approaches & tools can integrate the “Real World” into the curriculum.
Active learning Team BuildingContext-based learning Projects Multi-media ThesesCase Studies Field researchComputer Based Training Consulting projectsComputer simulations InternshipsE-learning …Videoconferencing
The end results depend on you as educators
Lindemanis 17Nov06
Thank you !Thank you !