Riga Integrating Skills and Competencies into the Curriculum: Studying for Work Dr. Arthur Lindemanis Vice Rector for Rese...
Riga Banking Institute of Higher Education Host to 2007 Businet Conference in Riga Latvia Next Year The 21 st  Annual Busi...
 
 
 
Banking Institution of Higher Education Riga, Latvia
<ul><li>BIHE was founded in 1992   as a Latvian Banking College  </li></ul><ul><li>Over its first decade it has developed ...
<ul><li>2002 </li></ul><ul><li>BIHE 10 th  anniversary celebration  BIHE students w/ school  flag  at Monument of Freedom ...
Business  S pecialist 2nd level professional HE Prof.  B achelor  D egree Post graduate studies Doctoral studies Finance M...
BIHE academic staff <ul><li>BIHE academic staff consists of: </li></ul><ul><ul><li>43  full-time lecturers from which 9 ha...
BIHE international activities: <ul><li>Membership in the international networks: </li></ul><ul><ul><li>NEW    Businet as ...
The  mobility  of BIHE students abroad under SOCRATES/ERASMUS program 63 200 2006/2007 (planned)   Goal 52 2005/2006   45 ...
Co-operation partners: <ul><li>Banking Institution of Higher Education, Pinsk, Belarus. </li></ul><ul><li>KHLueven,   Belg...
Participation in projects <ul><li>EU Tempus Project joining 10 members from Latvia, UK, Sweden and Spain; </li></ul><ul><l...
Integrating Skills and Competencies into the Curriculum:  Studying for Work For the Growth of  Creative Personality Busine...
Integrating Skills and Competencies into the Curriculum:  Studying for Work For the Growth of  Creative Personality Busine...
Preparing today’s students, employees & leaders  for tomorrow’s business environment    Goals? For the Growth of  Creativ...
Preparing today’s students, employees & leaders  for tomorrow’s business environment Real world issues: Global hyper-compe...
The Challenge: Creating and Sustaining Growth <ul><li>70%  % of all new products launched by established  90%  companies t...
Exploring today’s competitive environment Real world issues: Global hyper-competition with accelerating changes <ul><li>Ex...
Teaching Business Strategies  for Innovation-Driven Growth Seminar video Workbook <ul><li>Extensive use of videos </li></u...
Innovation    IDEO Case Study <ul><li>“ Deep Dive” ABC Nightline video 1999 </li></ul><ul><li>“ IDEO” Instead Case 2005 <...
<ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications </li></ul></ul><ul><ul><li>Personal Computers ...
Interactive Computer Resources  Computer Based Training Flight Simulator Business simulations  Game Theory BCG “DICE” Asse...
Retail:  Lots of cases and on-line resources <ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications <...
Real World Issues … Execution SAP 2004 Collaboration Information Web casts Market inefficiencies Real World Issues … SAP W...
Exploring today’s competitive environment Zara’s Fast Fashion Excellent HBS multimedia case <ul><li>Explore familiar examp...
Preparing today’s students, employees & leaders  for tomorrow’s business environment     Approach For the Growth of  Crea...
Business Decision Making   Framework GM PowerTrain Study by Charles Fine Quantitative Qualitative Business Decisions +
Pan Europa Food Case  Extensive  Product Changes  Minor Minor  Process Changes   Major Breakthrough Platform Derivative 1 ...
Industry Sources    Major Resource  http://www.aberdeen.com/c/report/benchmark/RA_GlobalTrade_BE.pdf <ul><li>New industry...
In-class Challenge  High- Performance Global Trade <ul><li>Primary barriers to efficient global SCM: </li></ul><ul><ul><li...
Integrating Skills and Competencies into the Curriculum:  Studying for Work   For the Growth of  Creative Personality Many...
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  • Integrating Skills And Competencies

    1. 1. Riga Integrating Skills and Competencies into the Curriculum: Studying for Work Dr. Arthur Lindemanis Vice Rector for Research Banking Institution of Higher Education The 20 th Annual Businet Conference 2006 “ Skills, Competencies and Employability” 17 November 2006 Berlin
    2. 2. Riga Banking Institute of Higher Education Host to 2007 Businet Conference in Riga Latvia Next Year The 21 st Annual Businet Conference 2007 “ Skills, Competencies and Employability” November 14-17 2006 Riga
    3. 6. Banking Institution of Higher Education Riga, Latvia
    4. 7. <ul><li>BIHE was founded in 1992 as a Latvian Banking College </li></ul><ul><li>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. </li></ul>Short history
    5. 8. <ul><li>2002 </li></ul><ul><li>BIHE 10 th anniversary celebration BIHE students w/ school flag at Monument of Freedom </li></ul><ul><li>2007 </li></ul><ul><li>BIHE 15 th anniversary celebration </li></ul><ul><li>BIHE 9th International Conference </li></ul><ul><li>Innovation & Creativity </li></ul><ul><li>October 2007 </li></ul><ul><li>Businet 21st Annual Conference </li></ul><ul><li>Skills, Competencies & Employability </li></ul><ul><li>November 2006 </li></ul>
    6. 9. Business S pecialist 2nd level professional HE Prof. B achelor D egree Post graduate studies Doctoral studies Finance MBA 2 ,5 years 4 years 1.5 years Professional Master degrees 1st level professional HE International Finance and Banking 2 years DBA 3 years B anking S pecialist MBA with SBS Switzerland With RESBAA & VeA Dr. Economics
    7. 10. BIHE academic staff <ul><li>BIHE academic staff consists of: </li></ul><ul><ul><li>43 full-time lecturers from which 9 have doctor's degree and 13 are PhD students; </li></ul></ul><ul><ul><li>About 60 guest lecturers coming from such organizations as: </li></ul></ul><ul><ul><ul><li>State Revenue Service, </li></ul></ul></ul><ul><ul><ul><li>B anks, </li></ul></ul></ul><ul><ul><ul><li>The Bank of Latvia, </li></ul></ul></ul><ul><ul><ul><li>Association of Commercial Banks of Latvia, </li></ul></ul></ul><ul><ul><ul><li>Welfare Ministry of Latvia, </li></ul></ul></ul><ul><ul><ul><li>Riga City Council, </li></ul></ul></ul><ul><ul><ul><li>Government Control. </li></ul></ul></ul>
    8. 11. BIHE international activities: <ul><li>Membership in the international networks: </li></ul><ul><ul><li>NEW  Businet as of 2006 </li></ul></ul><ul><ul><li>BMDA – Baltic Management Development Association (41 member from 14 countries ) </li></ul></ul><ul><ul><li>CEEMAN - Central and East European Management Development Association ( 169 members from 40 countries in Europe, North America, Africa and Asia ) ; </li></ul></ul><ul><ul><li>EURASHE - t he European Association of Institutions in Higher Education (members from 14 countries); </li></ul></ul><ul><ul><li>PRIME Networking (members from more than 10 countries); </li></ul></ul><ul><ul><li>SPACE Association – promoting business studies, foreign languages, and intercultural communication s </li></ul></ul>
    9. 12. The mobility of BIHE students abroad under SOCRATES/ERASMUS program 63 200 2006/2007 (planned) Goal 52 2005/2006 45 2004/2005 13 2003/2004 8 2002/2003 7 2001/2002 2 2000/2001 Number of students Academic year
    10. 13. Co-operation partners: <ul><li>Banking Institution of Higher Education, Pinsk, Belarus. </li></ul><ul><li>KHLueven, Belgium ; </li></ul><ul><li>EHSAL, Belgium ; </li></ul><ul><li>Katholieke Hogeschoole Mechelen, Belgium; </li></ul><ul><li>Karel de Grote Hogeschoole, Antwerp, Belgium; </li></ul><ul><li>Tietgen Business College, Denmark ; </li></ul><ul><li>Estonian Business School, Estonia; </li></ul><ul><li>Hamme Polytech, Turku, Finland ; </li></ul><ul><li>University of Applied Sciences Osnabruck, Germany; </li></ul><ul><li>International School of Management, Lithuania; </li></ul><ul><li>Vilnius College, Lithuania; </li></ul><ul><li>Banking and Finance Academy, Uzbekistan </li></ul>
    11. 14. Participation in projects <ul><li>EU Tempus Project joining 10 members from Latvia, UK, Sweden and Spain; </li></ul><ul><li>PRIME international “Euroweek” students project competition </li></ul><ul><li>Leonardo Pilot Project on logistics terminology; </li></ul><ul><li>INTERLOG – international project to work out dictionary of logistics; </li></ul><ul><li>SPACE Network Project on business studies: European exam; </li></ul><ul><li>Euro Module Dissemination Project in Malta; </li></ul><ul><li>Socrates IP Programs in Germany and Austria on business studies and case design. </li></ul><ul><li>Online Case Study Project with Turku Polytechnic, Finland on marketing issues; </li></ul>
    12. 15. 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 Leadership Entrepreneurial Team Building Innovative Communications Creative Inter-Disciplinary Adaptable Life Long Learning Social … … Why ? How ?
    13. 16. 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 Building Context-based learning Projects Multi-media Theses Case Studies Field research Computer Based Training Consulting projects Computer simulations Internships E-learning … Videoconferencing
    14. 17. 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
    15. 18. Preparing today’s students, employees & leaders for tomorrow’s business environment Real world issues: Global hyper-competition with accelerating changes Global 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 In Search of Excellence Thriving in Chaos 1990's 1980's Faster, Better, & Cheaper
    16. 19. The Challenge: Creating and Sustaining Growth <ul><li>70% % of all new products launched by established 90% companies that fail </li></ul><ul><li>90% % of companies that are unable to sustain above average growth rate for more than a few years </li></ul><ul><li>75% % of M&A s that fail to achieve forecast synergies </li></ul><ul><li>80% % of venture capital funded start-ups that fail </li></ul><ul><li>51% % of Enterprise Resource Planning systems are that are unsuccessful </li></ul><ul><li>70% % of Customer Relationship Management systems that fail to generate benefits </li></ul><ul><li>65% % of promotions that fail to generate a profit </li></ul><ul><li>20% % of stores that run out of stock during promotions </li></ul>New Product Failure Rate ? Guess the % failures and why?
    17. 20. Exploring today’s competitive environment Real world issues: Global hyper-competition with accelerating changes <ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications </li></ul></ul><ul><ul><li>Information Technology </li></ul></ul><ul><ul><li>Retail </li></ul></ul><ul><ul><li>Fashion </li></ul></ul><ul><li>Using </li></ul><ul><ul><li>Articles & Info from theses </li></ul></ul><ul><ul><li>Videos </li></ul></ul><ul><ul><li>Webcasts </li></ul></ul><ul><ul><li>Case studies </li></ul></ul><ul><ul><li>On-line computer simulation </li></ul></ul>Disruptive Innovation Market Disruption Convergence
    18. 21. Teaching Business Strategies for Innovation-Driven Growth Seminar video Workbook <ul><li>Extensive use of videos </li></ul><ul><li>& Webcasts </li></ul><ul><li>Cheap sources: </li></ul><ul><ul><li>Textbook Publishers </li></ul></ul><ul><ul><li>ECCH </li></ul></ul><ul><ul><li>HBS </li></ul></ul><ul><ul><li>Professional associations </li></ul></ul><ul><ul><li>Consulting firms </li></ul></ul><ul><ul><li>Vendors </li></ul></ul>
    19. 22. Innovation  IDEO Case Study <ul><li>“ Deep Dive” ABC Nightline video 1999 </li></ul><ul><li>“ IDEO” Instead Case 2005 </li></ul><ul><ul><li>Innovation applied to service industry </li></ul></ul><ul><ul><li>3 mini-cases [passenger transport, on-line financial & mobile phone]  Applying IDEO methodology to hospitals </li></ul></ul><ul><ul><li>The world’s most successful design firm </li></ul></ul><ul><ul><li>“ Organized chaos” </li></ul></ul><ul><ul><li>“ Fail often – To succeed sooner” </li></ul></ul><ul><li>Take aways: </li></ul><ul><ul><li>Creative designs and solutions can be transformed into a systematic process </li></ul></ul><ul><ul><li>Comparison with Inditex – fashion design made into an “assembly line” process [30 days from concept to in-store delivery world wide] </li></ul></ul>
    20. 23. <ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications </li></ul></ul><ul><ul><li>Personal Computers </li></ul></ul><ul><ul><li>Retail </li></ul></ul><ul><ul><li>Fashion </li></ul></ul><ul><li>Using </li></ul><ul><ul><li>Articles & Info from theses </li></ul></ul><ul><ul><li>Videos </li></ul></ul><ul><ul><li>Webcasts </li></ul></ul><ul><ul><li>Case studies </li></ul></ul><ul><ul><li>On-line computer simulation </li></ul></ul>Disruptive Innovation e-Business e-Commerce $49 bil Market Disruption Real world issues: Global hyper-competition with accelerating changes Exploring today’s competitive environment
    21. 24. Interactive Computer Resources Computer Based Training Flight Simulator Business simulations Game Theory BCG “DICE” Assessments FranklinCovey BoozAllenHamilton Simple but powerful simulator
    22. 25. Retail: Lots of cases and on-line resources <ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications </li></ul></ul><ul><ul><li>Information Technology </li></ul></ul><ul><ul><li>Retail </li></ul></ul><ul><ul><li>Fashion </li></ul></ul><ul><li>Using </li></ul><ul><ul><li>Articles & Info from theses </li></ul></ul><ul><ul><li>Videos </li></ul></ul><ul><ul><li>Webcasts </li></ul></ul><ul><ul><li>Case studies </li></ul></ul><ul><ul><li>On-line computer simulation </li></ul></ul>Disruptive Innovation Market Disruption $285 bil Real world issues: Global hyper-competition with accelerating changes Exploring today’s competitive environment
    23. 26. Real World Issues … Execution SAP 2004 Collaboration Information Web casts Market inefficiencies Real World Issues … SAP Webcast Challenges in Consumer Product Sector
    24. 27. Exploring today’s competitive environment Zara’s Fast Fashion Excellent HBS multimedia case <ul><li>Explore familiar examples: </li></ul><ul><ul><li>Telecommunications </li></ul></ul><ul><ul><li>Information Technology </li></ul></ul><ul><ul><li>Retail </li></ul></ul><ul><ul><li>Fashion </li></ul></ul><ul><li>Using </li></ul><ul><ul><li>Articles & Info from theses </li></ul></ul><ul><ul><li>Videos </li></ul></ul><ul><ul><li>Webcasts </li></ul></ul><ul><ul><li>Case studies </li></ul></ul><ul><ul><li>On-line computer simulation </li></ul></ul>Disruptive Innovation Market Disruption 52 Fashion Seasons Zara's: Fast Fashion Real world issues: Global hyper-competition with accelerating changes
    25. 28. 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 curriculum 2006
    26. 29. Business Decision Making Framework GM PowerTrain Study by Charles Fine Quantitative Qualitative Business Decisions +
    27. 30. Pan Europa Food Case Extensive Product Changes Minor Minor Process Changes Major Breakthrough Platform Derivative 1 2 3 4 R&D 5 6 8 7 9 10 11 11 Projects from 5 Dept: Strategy Marketing Sales Distribution Manufacturing Short Interdisciplinary Case – Suitable for role playing financial & strategic decisions including corporate politics Disciplines: Financial management, project management, marketing, strategic management, negotiations
    28. 31. Industry Sources  Major Resource http://www.aberdeen.com/c/report/benchmark/RA_GlobalTrade_BE.pdf <ul><li>New industry reports </li></ul><ul><li>Approaches: </li></ul><ul><li>In-Class Challenge </li></ul><ul><li>Apply it! </li></ul><ul><ul><li>Apply to your company </li></ul></ul><ul><ul><li>Extend to Latvia </li></ul></ul><ul><li>Projects & theses </li></ul>“ New Strategies for Global Trade Management” Aberdeen 2005
    29. 32. In-class Challenge High- Performance Global Trade <ul><li>Primary barriers to efficient global SCM: </li></ul><ul><ul><li>Distance  Country borders </li></ul></ul><ul><ul><li>Time-zone differences  Cultural diversities </li></ul></ul><ul><ul><li>Organizational silos  Language </li></ul></ul><ul><ul><li>Distinct corporate goals  Counterfeiting </li></ul></ul>Stanford University’s Global Supply Chain Management Forum and Accenture symposium February 9, 2005 Top 3 ? <ul><li>Drivers forcing more effective global SCM: </li></ul><ul><ul><li>Increasing globalization </li></ul></ul><ul><ul><li>Increasing clockspeed of product & technology life cycles </li></ul></ul><ul><ul><li>Increasing complexity of legal and regulatory requirements </li></ul></ul><ul><ul><li>Increasing anxiety faced by companies in a global economy </li></ul></ul>1 2 3
    30. 33. 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 Building Context-based learning Projects Multi-media Theses Case Studies Field research Computer Based Training Consulting projects Computer simulations Internships E-learning … Videoconferencing The end results depend on you as educators
    31. 34. Thank you !

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