Pub. online:1 Jan 2017Type:Research ArticleOpen Access
Journal:Informatica
Volume 28, Issue 3 (2017), pp. 485–503
Abstract
Strategic management is a process of determining a business long-term objectives and the way to achieve these goals. Considering importance of strategic planning in long-term competitive power of organizations, different frameworks are proposed to formulate strategies. How to choose the best strategy is a challenging activity due to its multi criteria nature and lack of information. In this paper, a method comprised of grey DEMATEL – grey analytic network process is proposed to deal with this challenge. The proposed method considered interrelationship among factors using DEMATEL and then these relations are applied in strategy ranking by ANP. The uncertainty and lack of information is handled using grey numbers. Application of the proposed method is illustrated in an ecotourism company.
Journal:Informatica
Volume 25, Issue 2 (2014), pp. 185–208
Abstract
In this study, we evaluated the effects of the normalization procedures on decision outcomes of a given MADM method. For this aim, using the weights of a number of attributes calculated from FAHP method, we applied TOPSIS method to evaluate the financial performances of 13 Turkish deposit banks. In doing this, we used the most popular four normalization procedures. Our study revealed that vector normalization procedure, which is mostly used in the TOPSIS method by default, generated the most consistent results. Among the linear normalization procedures, max-min and max methods appeared as the possible alternatives to the vector normalization procedure.
Journal:Informatica
Volume 24, Issue 4 (2013), pp. 619–635
Abstract
“Strategy implementation” is an inseparable part of strategic management process. Transformation strategies to typical operations and daily functions of staff exert a significant role in organization success. Balanced scorecard (BSC) and strategy map help senior managers to perfectly implement and monitor the accomplishment of the strategies by transforming strategies into operational programs. Using BSC and strategy map, the strategies are translated into some action plans which help the achievement of organizational goals and strategies. Due to shortage of resources, usually all organization's action plans cannot be implemented completely; therefore, managers should make use of some tools for assigning and selecting more efective action plans. In this paper, a procedure is suggested on the basis of grey TOPSIS to determine the preference of action plans to better aid managers in selection of the most effective action plans in a group decision making process.
Journal:Informatica
Volume 23, Issue 4 (2012), pp. 621–643
Abstract
Nowadays most required products and services of companies are provided through other organisations. Outsourcing as a new approach has a significant role in management literature. Supplier should be selected by executives, when the organization decides to acquire a product or service from other organizations. Concerning supplier selection, the managers should consider more than one factor or criterion, which may be inconsistent and contradictory. Therefore, supplier selection is a multi-criteria decision-making issue. Analytic network process (ANP) is a technique to solve multi-criteria decision-making problems in which the criteria affect each other and have nonlinear correlation. In this study, the goal is to use ANP to select the supplier in a group decision-making.
Journal:Informatica
Volume 22, Issue 3 (2011), pp. 319–338
Abstract
The aim of the current research is to measure objective congruence (incongruence) of the results obtained in a process of multiple criteria analysis when applying different MCDM methods. The methodology for evaluation of ranking results is developed on the ground of a case study of the redevelopment of derelict buildings as well as on composed experimental tasks. Fuzzified COPRAS, TOPSIS and VIKOR methods are applied for ranking the alternatives. Calculation results are evaluated by applying mathematical statistics methods. A methodology for measuring the congruence (incongruence) of the relative significances of alternatives is proposed.