Prof. Dr. Tadas Šarapovas

In the lectures of Prof. Dr. Tadas Šarapovas, the director of Economics and Data Analytics bachelor’s programme at ISM University of Management and Economics, students will receive the knowledge accumulated over the past decades in Lithuania and abroad, as well as a wide, secular and modern approach formed during studies in Lithuania in the USA and Germany. Šarapovas completed his bachelor’s, master’s studies and PhD in Economics at Kaunas University of Technology, where he studied management and economics subjects and did an internship in Germany. T. Šarapovas has not only an economic education, which is enhanced by knowledge of management, but he consolidated all the resulting theory in practice. Tadas worked for several years as a manager in construction contracting companies, later he worked with Danish and German companies on business consulting projects on the outsourcing of production to Lithuania and other Baltic states, and headed several Danish capital companies. Thus challenges of corporate world as well as or how companies are affected by the economy and business environment factors, Tadas is well versed not only at the theoretical, but also at the practical level. Over the past 10 years, T. Šarapovas has worked on the ISM Board, Senate, Labor Council. He is also a member of the board of directors of business and nonprofit organizations.Today, T. Šarapovas works in the position of Director of undergraduate Economics and Data Analytics program at ISM. He employs his education, knowledge and competences to make the content of the program highly relevant and to create high value for students, to meet the needs of an advanced business, as well as to recruit best professionals in their field to be a part of this program, so that students who have graduated ISM University are in high demand in the labor market.According to Tadas, education and development of young people is very important, and this is the reason why he works for ISM. Tadas also teaches microeconomics, where he aims to explain in a simple way at first glance complex things, if necessary, he never refuses to give advice and help to improve.Tadas has authored and co-authored more than 15 publications, including articles published in peer-reviewed journals, monographs, case studies. His research interests are focused on topics of microeconomics: business efficiency, business internationalization, and crisis diagnostics in a firm.He has defended his doctoral thesis at the Kaunas University of Technology in 2005. The doctoral research project was aimed at investigating electronic commerce as a means for supporting an increase in the effectiveness of business processes. The topic of e-commerce impact on company effectiveness was further explored up until 2011. There were two studies published: one was focused on business-to-business electronic commerce models, while the other one was an investigation of electronic commerce success factors of the business-to-customer model, based on a survey of Lithuanian and Danish cases.In 2013 T. Šarapovas got involved into a research of SME crisis management issues, which aims to develop an intervention model that would help companies to identify crises at an early stage as well as to serve as a tool to exit the crisis (Kurschus, Šarapovas, Cvilikas, 2015). The model under development is based on the set of financial indexes, so-called hard criteria, as well as a series of managerial indicators, named as soft criteria. Currently, the proposed model is tested empirically, company cases in Germany are being investigated.In 2014 T. Šarapovas joined a project investigating internationalization processes and export efficiency: a survey of selected high-tech and traditional industry sectors. As a result, there was a series of research results published in 2015 co-authored with E. Autio, R. Kazlauskaitė, M. Gelbūda, and other colleagues.