4 research outputs found

    The intersections between TRIZ and forecasting methodology

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    The authors’ intention is to correlate the basic knowledge in using the TRIZ methodology (Theory of Inventive Problem Solving or in Russian: Teoriya Resheniya Izobretatelskikh Zadatch) as a problem solving tools meant to help the decision makers to perform more significant forecasting exercises. The idea is to identify the TRIZ features and instruments (40 inventive principles, i.e.) for putting in evidence the noise and signal problem, for trend identification (qualitative and quantitative tendencies) and support tools in technological forecasting, to make the decision-makers able to refine and to increase the level of confidence in the forecasting results. The interest in connecting TRIZ to forecasting methodology, nowadays, relates to the massive application of TRIZ methods and techniques for engineering system development world-wide and in growing application of TRIZ’s concepts and paradigms for improvements of non-engineering systems (including the business and economic applications).forecasting, TRIZ, methodology, problem solving.

    The Business Intelligence and the Better Decisions in Management

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    The paper intends to present more reasons in the favour of promoting the business intelligence (BI) in the managerial practice. Business intelligence is an umbrella term that encompasses the processes, tools, and technologies required to turn data into information, and information into knowledge and plans that drive effective business activity. BI encompasses data warehousing technologies and processes on the back end, and query, reporting, analysis, and information delivery tools (that is, BI tools) and processes on the front end. Organizations need to increase their focus on decision-making. In particular, they need to think again about the relationship between information and decision-making. Business intelligence and its predecessor concepts decision support, executive information systems, have been circulating for several decades in business.business intelligence, decisions, management.

    Adjustment of macroeconomic imbalances

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    The global financial and economic crisis was the factor that triggered the adjustment of macroeconomic imbalances accumulated in Romania. The current account deficit and budget deficit were two major structural imbalances that have created a high vulnerability for the economy and explained the extent of economic contraction in Romania during the economic crisis. This article identifies the main causes that lead to the need for fiscal adjustment both in the EU and in Romania, as well as main effects of adjustments in respect of their experience in recent years. The article deals with this topic, because the current topical debate in the field of fiscal adjustments implemented both in the EU and our country, and their need for economic activity aimed at economic recovery
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