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SUCCESS OF THE 13TH ANNUAL BMDA CONFERENCE “REGIONAL INNOVATIONS FOR GLOBAL COMPETITIVENESS”

The conference took place on May 6-8 in Vilnius, Lithuania and was hosted by ISM University of Management and Economics. The unique event combined presentations of the Academic and Business leaders, questions-answers sessions, company visits, specially designed “World Café” discussion and fulfilling networking and cultural events. The Conference attracted almost one hundred participants from 21 country. The Conference was sponsored by JSC “Arvi” ir ko, “Emerald Group Publishing”, SC “Linas”, JSC “Taurapolis”, and JSC “Visionary Analitics”.

The first day of the Conference, “Academic Solutions and Insights”, was dedicated for the academic community. During the first part of the day, the finalists of the International Competition of Early Stage Researchers were presenting their ideas in Management and Economics.  On the second part of the day, insights on how to manage Business Schools in fast changing environment were presented by the Deans from different successful business schools around the world (Morocco, Kazakhstan, Latvia, etc.). Later, the newest learning resources were presented by the representatives from Project Management Institute, Cengage Learning, Oxford University Press and CEEMAN. The first day of the Conference ended with signing Ceremony of the agreement of continuing bilateral cooperation between Almaty Management University and ISM University of Management and Economics.

The second Conference day, “Business Solutions for Leading Organizations”, started with welcome words from Dr. Alfredas Chmieliauskas, President of ISM University of Management and Economics, Dr. Virginijus Kundrotas, President of BMDA.  Later, key-note speeches were made by prof. Leonidas Donskis (ISM) and Mr. Marius Dundulis (Euromonitor International). Prof. Donskis shared his insights on how to be ahead of oneself in the world of changes while Mr. Dundulis presented the innovative tools for global business insights. After lunch, representatives from various business schools presented their business solutions and experiences. Later, the experienced international and local experts and consultants presented their business solutions in the sessions on how to increase the efficiency of the company by outsourcing the secondary activities, how to put intellectual property to a good use in your business and how to make possible that an organization be able to manage itself as an organic whole. The day ended with key-note workshop by Mr. Kjetil Sandermoen on how to Structure your Company for Competitiveness and Change.

During the third day, “Business Solutions from Leading Organizations”, the success stories from the leading business companies “Sorainen”, JSC “Schmitz Cargobull Baltic” and “ERGO Insurance SE” were presented. Later, the Conference participants took part in company visits to 2 leading Lithuania business companies, JSC “Thermo Fisher Scientific Baltics” and BOD Group, and one social workshop organized by Mothers’ Union at the Children’s Hospital in Santariškės. On the second part of the day, using the “world café” format all participants had an opportunity to provide their personal opinion on what it is necessary to do in order to create the conditions for innovations and creativity within any organization. The conference culminated with the keynote presentation by Mr. Pavlo Sheremeta, who presented Blue Ocean strategy and leadership and shared his ideas and experiences on applying Blue Ocean strategy in the organization. At the end of the day, the success of the 13th BMDA Conference was celebrated at the Gala dinner at the restaurant “Terrazza”, enjoying the magnificent evening views of Vilnius city center.

This BMDA Conference was the unique event which gave the opportunity for its participants to debate, discuss, exchange knowledge and experience, as well as experience many meaningful and joyful moments together.

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