Amplifying the learning effects via a Forecasting and Foresight Support System

Spithourakis, Georgios P., Petropoulos, Fotios, Nikolopoulos, Konstantinos and Assimakopoulos, Vassilios 2014. Amplifying the learning effects via a Forecasting and Foresight Support System. International Journal of Forecasting 31 (1) , pp. 20-32. 10.1016/j.ijforecast.2014.05.002

Preview

PDF - Submitted Pre-Print Version Download (463kB) | Preview

Abstract

Nowadays, informed decision making is conducted through innovative Information and Communication Technology (ICT) support systems. In order to utilize such ICT-based support systems fully, decision makers need suitable training. 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. The system’s acceptance and perceived educational effects are determined through responses to a purpose-built questionnaire. The results are very encouraging in terms of the final amplification of the learning effect.

Item Type:	Article
Date Type:	Published Online
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HB Economic Theory
Publisher:	Elsevier
ISSN:	0169-2070
Date of Acceptance:	2014
Last Modified:	08 May 2023 13:05
URI:	https://orca.cardiff.ac.uk/id/eprint/65860

Citation Data

Cited 11 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item