TRAINING IN ECONOMICS FOR ACQUIRING AND DEVELOPING BUSINESS INTELLIGENCE COMPETENCES AT HIGHER SCHOOLS
Abstract
The research focuses on some relevant aspects of training at higher schools for building digital competences which facilitate the effective application of modern digital tools for solving planned tasks and achieving objectives. The emphasis falls on the necessary competences for working with integrated resource planning systems (ERP). Special attention is paid to the acquisition and development of the so-called Business Intelligence (BI) competences at higher schools.
At the beginning of the research, we have synthesized the necessary activities for quality training as the final objective is that the learners acquire a totality of knowledge, skills and experience for working and managing some heterogeneous in their nature processes, as well as some means and technologies required for the transformation of data into managerial information, whereas the data itself – into managerial decisions and action plans. The next stage consists of differentiation among the various types of skills – business skills, analytic skills and IT skills, as well as the specific aspects of their acquisition and development through the training at higher schools. The conclusion makes an assessment of the trends, respectively, the topics of training on specific tools for the solution of managerial tasks and the successful realization of strategic aims. We take into account the training in performing business analyses through dashboards and the work with key productivity indicators (KPI).
Parallel to this, we have researched the degree of coverage of this matter in existing curricula and courses at higher schools in Central and Eastern Europe using the method of random sampling without replacement.
The logic of carrying out the research corresponds to the principle that the training shall comply with the needs and requirements of the practice. The basis for determining the research sample is based on the subject matter of the research. We have encompassed enterprises of the private sector in countries from Central and Eastern Europe. The sample is limited to small, medium and large enterprises which actively use digital tools in making managerial decisions (respectively 16% / 65% / 19%) from the Czech Republic, Romania, Greece and Bulgaria using the method of random sampling without replacement. The methodology of the research secures its reliability by addressing the survey to a specific category of individuals, including the opinions of managers and employees on the digital competences of future specialists with a degree in Economics.
The results are used to make a narrow selection of those areas in the content of specific courses which shall be updated and to point out those curricula which shall be updated in the medium term.
Keywords
Training higher schools enterprise resource planning (ERP) competences digital competences BI competences
Supporting Institution
D. A. Tsenov Academy of Economics, Svishtov, Bulgaria; University of Agribusiness and Rural Development, Bulgaria
References
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- Blazheva, V. (2016). Management of Agricultural Economies in the Training of Students in Economics. In Scientific Research Almanac (pp. 446-469). Svishtov: Tsenov Publishing.
- Borisov, B. (2017). Innovative Approach in Developing Business Plans through Web- and Cloud-based Software Solutions. International scientific conference. High technologies. Business. Society. (pp. 183-186). Borovets: Sofia: Scientifical Union of Mechanical Engineering.
- Borisov, B. (2020). New Paragigms in Planning. Ruse: Profi Print. Bulgaria’s ERP Systems Market: Right at the Beginning and One Step from the Fierce Competition. (19-25 April 2004). SAGA technology, 5-7.
- Business Intelligence Solutions – What, for Whom and Why. (30 January 2019). Retrieved from https://www.balkanservices.com/: https://www.balkanservices.com/blog/business-intelligence-reshenia-kak-kakvo-za-kogo-i-zashto/
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- Chipriyanov, M. (2008). Methods of Strategic Research and Solutions. V. Tarnovo: Abagar.
- Chipriyanov, M., & Chipriyanova, G. (2021). Key factors for successful digitalization of accounting training. New Knowledge. Science magazine, Vol 10, No 1, pp. 22-31.
- Dochev, M., Chipriyanova, G., & Georgieva, G. (2014). Possibilities for Building an Integrated Accounting System in the Practice of Enterprises. Scientific Research Almanac. D. A. Tsenov Academy of Economics - Svishtov, issue 21, pp. 148-176.
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- Gupta, A. (2017). Business Intelligence: Concepts, Components Tools, Techniques, Benefits and Challenges. Retrieved from http://ijariie.com/AdminUploadPdf/BUSINESS_INTELLIGENCE__CONCEPTS__COMPONENTS_TOOLS__TECHNIQUES__BENEFITS_AND_CHALLENGES_ijariie5711.pdf
- How the prepare and train the personnel in implementing ERP systems. (16 December 2020). Retrieved from https://www.dataplus-bg.com: https://www.dataplus-bg.com/kak-da-podgotvim-i-obuchim-personala-pri-vnedryavane-na-erp-sistemi/
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- Integrated Management Systems. (21 May 2020). Retrieved from http://www1.ecs.ru.acad.bg: http://www1.ecs.ru.acad.bg/fbm/uis_b/L-10.pd
- K. Mertins, H. K. (24 February 2012). Benchmarking-Techniken. Retrieved from http://www.innovation-aktuell.de/kl0322.htm New BI Center (System for Business Analyses through Dashboards), (13 December 2021). Retrieved from https://zeron.bg/bg/novini/nov-bi-centyr-sistema-za-biznes-analizi-chrez-tabla-dashboard-24.html
- Orekhov, M. (1/2020). The Essence of the Digitalization Process as a New Global Informatization Stage. Business Management, 75-95.
- Pizhev, D. (7 April 2017). Profession: BI Specialist. Retrieved from https://www.karieri.bg: https://www.karieri.bg/news/36558_profesiia_bi_specialist Point, B. (10 December 2021). From the data center to the competency center: Business intelligence in transition. Retrieved from Management and Technology Consultants: https://www.bearingpoint.com/files/BENO11106_BICC.pdf Potential Errors in the Implementation of an ERP system and how they could be avoided. (22 May 2017). Retrieved from http://www.antipodes.bg/bg/about/news-events/
- Saporito, P. (12 August 2013). Business Intelligence Competency Center, the Glue that Hold Business and Technology Together. Retrieved from https://blogs.sap.com: https://blogs.sap.com/2013/07/12/business-intelligence-competency-center-the-glue-that-hold-business-and-technology-together/
- Scheierman, L. (29 June 2017). Business Intelligence Competency Centers Overview and Guide. Retrieved from https://info.knowledgeleader.com/business-intelligence-competency-centers-overview-and-guide)
- Stefanova, D. (7 May 2012). Training Gives Meaning to the Infvestment in ERP. Retrieved from https://enterprise.bg: https://enterprise.bg/blog-news/o%D0%B1%D1%83%D1%87%D0%B5%D0%BD%D0%B8%D0%B5%D1%82%D0%BE-%D0%BE%D1%81%D0%BC%D0%B8%D1%81%D0%BB%D1%8F-%D0%B8%D0%BD%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D1%86%D0%B8%D1%8F%D1%82%D0%B0-%D0%B2-erp
- The Top Manufacturing KPIs Your ERP Software Should Track . (21 January 2022). Retrieved from https://www.selecthub.com/enterprise-resource-planning/manufacturing-kpis-erp-software/
- Vakharia, G. (2005). ERP Strategy. Jaico Publishing House. What are the KPIS for your Business? (19 September 2018). Retrieved from https://www.travel-b2b.com/blog/view?nwid=8
Abstract
References
- Alexandrova, М. (1 September 2021). Risks in the Implementation of ERP-systems at Bulgarian Economic Enterprises. Retrieved from https://balbg.com: https://balbg.com/publications/Matilda%20Aleksandrova/Riskove%20pri%20vnedriavane%20na%20ERP.doc
- Babanin, V. (4 December 2020). What are the KPIS for your Business? Retrieved from https://forbesbulgaria.com/2020/12/04/%D0%BA%D0%BE%D0%B8-%D1%81%D0%B0-%D0%BA%D0%BB%D1%8E%D1%87%D0%BE%D0%B2%D0%B8%D1%82%D0%B5-%D0%B8%D0%BD%D0%B4%D0%B8%D0%BA%D0%B0%D1%82%D0%BE%D1%80%D0%B8-%D0%B7%D0%B0-%D0%BF%D1%80%D0%B5%D0%B4%D1%81%D1%82/
- Blazheva, V. (2008). Higher Education and the Business in Partnership in the Training of the Students in the Major of Agricultural Economy. Veliko Tarnovo: Abagar.
- Blazheva, V. (2016). Management of Agricultural Economies in the Training of Students in Economics. In Scientific Research Almanac (pp. 446-469). Svishtov: Tsenov Publishing.
- Borisov, B. (2017). Innovative Approach in Developing Business Plans through Web- and Cloud-based Software Solutions. International scientific conference. High technologies. Business. Society. (pp. 183-186). Borovets: Sofia: Scientifical Union of Mechanical Engineering.
- Borisov, B. (2020). New Paragigms in Planning. Ruse: Profi Print. Bulgaria’s ERP Systems Market: Right at the Beginning and One Step from the Fierce Competition. (19-25 April 2004). SAGA technology, 5-7.
- Business Intelligence Solutions – What, for Whom and Why. (30 January 2019). Retrieved from https://www.balkanservices.com/: https://www.balkanservices.com/blog/business-intelligence-reshenia-kak-kakvo-za-kogo-i-zashto/
- Chipriyanov, M. (2009). Corporate Planning. V. Tarnovo: Abagar.
- Chipriyanov, M. (2008). Methods of Strategic Research and Solutions. V. Tarnovo: Abagar.
- Chipriyanov, M., & Chipriyanova, G. (2021). Key factors for successful digitalization of accounting training. New Knowledge. Science magazine, Vol 10, No 1, pp. 22-31.
- Dochev, M., Chipriyanova, G., & Georgieva, G. (2014). Possibilities for Building an Integrated Accounting System in the Practice of Enterprises. Scientific Research Almanac. D. A. Tsenov Academy of Economics - Svishtov, issue 21, pp. 148-176.
- Experience interactive dashboards. (31 January 2022). Retrieved from https://www.idashboards.com/dashboard-examples/
- Georgiev, G., & Georgieva, V. (n.d.). Challenges and Problems in Contemporary Economic Forecasts. Proceedings of the International scientific and practical conference “Bulgaria of regions’2019 (Vol. 2). Plovdiv: http://science.uard.bg/index.php/regions/article/view/641.
- Georgiev, G., & Georgieva, V. (n.d.). Contemporary Trends in the Methods for Financial Planning. Proceedings of the International scientific and practical conference “Bulgaria of regions’2019 (Vol. 2). Plovdiv: http://science.uard.bg/index.php/regions/article/view/640.
- Gupta, A. (2017). Business Intelligence: Concepts, Components Tools, Techniques, Benefits and Challenges. Retrieved from http://ijariie.com/AdminUploadPdf/BUSINESS_INTELLIGENCE__CONCEPTS__COMPONENTS_TOOLS__TECHNIQUES__BENEFITS_AND_CHALLENGES_ijariie5711.pdf
- How the prepare and train the personnel in implementing ERP systems. (16 December 2020). Retrieved from https://www.dataplus-bg.com: https://www.dataplus-bg.com/kak-da-podgotvim-i-obuchim-personala-pri-vnedryavane-na-erp-sistemi/
- Information Quotient Software Services Pvt Ltd - Accounts Payable Analysis. (30 January 2020). Retrieved from https://powerbi.microsoft.com/it-it/partner-showcase/information-quotient-software-services-pvt-ltd-accounts-payable-analysis/
- Integrated Management Systems. (21 May 2020). Retrieved from http://www1.ecs.ru.acad.bg: http://www1.ecs.ru.acad.bg/fbm/uis_b/L-10.pd
- K. Mertins, H. K. (24 February 2012). Benchmarking-Techniken. Retrieved from http://www.innovation-aktuell.de/kl0322.htm New BI Center (System for Business Analyses through Dashboards), (13 December 2021). Retrieved from https://zeron.bg/bg/novini/nov-bi-centyr-sistema-za-biznes-analizi-chrez-tabla-dashboard-24.html
- Orekhov, M. (1/2020). The Essence of the Digitalization Process as a New Global Informatization Stage. Business Management, 75-95.
- Pizhev, D. (7 April 2017). Profession: BI Specialist. Retrieved from https://www.karieri.bg: https://www.karieri.bg/news/36558_profesiia_bi_specialist Point, B. (10 December 2021). From the data center to the competency center: Business intelligence in transition. Retrieved from Management and Technology Consultants: https://www.bearingpoint.com/files/BENO11106_BICC.pdf Potential Errors in the Implementation of an ERP system and how they could be avoided. (22 May 2017). Retrieved from http://www.antipodes.bg/bg/about/news-events/
- Saporito, P. (12 August 2013). Business Intelligence Competency Center, the Glue that Hold Business and Technology Together. Retrieved from https://blogs.sap.com: https://blogs.sap.com/2013/07/12/business-intelligence-competency-center-the-glue-that-hold-business-and-technology-together/
- Scheierman, L. (29 June 2017). Business Intelligence Competency Centers Overview and Guide. Retrieved from https://info.knowledgeleader.com/business-intelligence-competency-centers-overview-and-guide)
- Stefanova, D. (7 May 2012). Training Gives Meaning to the Infvestment in ERP. Retrieved from https://enterprise.bg: https://enterprise.bg/blog-news/o%D0%B1%D1%83%D1%87%D0%B5%D0%BD%D0%B8%D0%B5%D1%82%D0%BE-%D0%BE%D1%81%D0%BC%D0%B8%D1%81%D0%BB%D1%8F-%D0%B8%D0%BD%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D1%86%D0%B8%D1%8F%D1%82%D0%B0-%D0%B2-erp
- The Top Manufacturing KPIs Your ERP Software Should Track . (21 January 2022). Retrieved from https://www.selecthub.com/enterprise-resource-planning/manufacturing-kpis-erp-software/
- Vakharia, G. (2005). ERP Strategy. Jaico Publishing House. What are the KPIS for your Business? (19 September 2018). Retrieved from https://www.travel-b2b.com/blog/view?nwid=8
Details
| Primary Language | English |
|---|---|
| Subjects | Other Fields of Education |
| Journal Section | Articles |
| Authors | |
| Publication Date | September 4, 2022 |
| Submission Date | July 6, 2022 |
| Published in Issue | Year 2022 |
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