Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Amplifying the learning effect via a forecasting and foresight support system
AU - Spithourakis, George
AU - Petropoulos, Fotios
AU - Nikolopoulos, Konstantinos
AU - Assimakopoulos, Vassilios
PY - 2015/1
Y1 - 2015/1
N2 - Nowadays, informed decision making is conducted through innovative Information and Communication Technology (ICT) support systems. In order to fully utilize such ICT-based support systems, suitable training of decision makers needs to be performed. This paper proposes and evaluates the use of a Forecasting and Foresight Support System in an undergraduate course in Business Forecasting so as to amplify the learning effect. The system provides a simple implementation of the forecasting process via realistic business scenarios that utilize both quantitative and qualitative information. Classical operational forecasting related features as well as elements of a foresight nature are considered during an exercise, so as to enhance user experience in terms of collaboration and communication. System acceptance and perceived educational effects are validated through responses to a purpose-built questionnaire. The results are very encouraging in terms of the final amplification of the learning effect.
AB - Nowadays, informed decision making is conducted through innovative Information and Communication Technology (ICT) support systems. In order to fully utilize such ICT-based support systems, suitable training of decision makers needs to be performed. This paper proposes and evaluates the use of a Forecasting and Foresight Support System in an undergraduate course in Business Forecasting so as to amplify the learning effect. The system provides a simple implementation of the forecasting process via realistic business scenarios that utilize both quantitative and qualitative information. Classical operational forecasting related features as well as elements of a foresight nature are considered during an exercise, so as to enhance user experience in terms of collaboration and communication. System acceptance and perceived educational effects are validated through responses to a purpose-built questionnaire. The results are very encouraging in terms of the final amplification of the learning effect.
KW - decision support system
KW - training system
KW - judgmental forecasts
KW - hierarchies
KW - reconciliation
KW - forecasting course
U2 - 10.1016/j.ijforecast.2014.05.002
DO - 10.1016/j.ijforecast.2014.05.002
M3 - Journal article
VL - 31
SP - 20
EP - 32
JO - International Journal of Forecasting
JF - International Journal of Forecasting
SN - 0169-2070
IS - 1
ER -