Title :
A Practical Model on Strategic Decision Making: Based on the Complex Systems Theory
Author :
Cai Xin ; Zhang Chunren ; Pan Chan
Author_Institution :
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
Abstract :
A practical model on strategic decision making is built helpful to introduce a new situation map on strategic decision making. The complex system theory states that the use of analytic hierarchy process and swing weighting is feasible to acquire the multiplex relative weights of factors which belong to the practical model. The situation map, generated by the combination of the multiplex relative weights of factor, is used as guidance of strategic decision making. The paper describes two modeled situations. In addition, the situation map shows the real case of strategic decision making.
Keywords :
decision making; strategic planning; analytic hierarchy process; complex system theory; enterprise strategic decision making; multiplex relative weight; practical model; situation map; swing weighting; Aggregates; Concrete; Control systems; Decision making; Electronic mail; Industrial relations; Innovation management; Security;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5301173
