Integrating Skills And Competencies

© 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


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




8/3/00 A. Lindemanis

Banking Institution Banking Institution of Higher Educationof Higher Education

Riga, Latvia


• 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


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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Business Specialist

2nd level professional HE

Prof. Bachelor Degree

Post graduate studies

Doctoral studies

FinanceMBA

2,5

year

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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


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.


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


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


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


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;


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 ……



Studying for Work


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


Preparing today’s students, employees & leaders for tomorrow’s business environment Goals?


Why creativity?Ability to address Real World Issues in today’s competitive environment:

Global hyper-competition with accelerating changes


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


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?



changes

Explore familiar examples:TelecommunicationsInformation TechnologyRetailFashion

UsingArticles & Info from thesesVideosWebcastsCase studiesOn-line computer simulation

Exploring today’s competitive environment


Teaching Business Strategies for Innovation-Driven Growth

Extensive use of videos& WebcastsCheap sources:

•Textbook Publishers•ECCH•HBS•Professional associations•Consulting firms•Vendors


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]


Explore familiar examples:TelecommunicationsPersonal ComputersRetailFashion



changes



Computer Based TrainingFlight SimulatorBusiness simulations Game Theory BCG “DICE”

AssessmentsFranklinCoveyBoozAllenHamilton

Interactive Computer Resources

Simple but powerful simulator


Retail: Lots of cases and on-line resources




changes



Real World Issues …

Real World Issues …

SAP Webcast Challenges in Consumer Product Sector



Zara’s Fast FashionExcellent HBS multimedia case




changes


Preparing today’s students, employees & leaders for tomorrow’s business environment

Approach


“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


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

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Breakthrough

Platform

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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


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


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



Studying for Work


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 !