Paper Info
Title
Raising the bar: strategic multi-criteria decision analysis
Abstract
This paper discusses the use of multi-criteria decision analysis for supporting strategic decision making in organisations. It begins by exploring the notions of strategic decisions and the strategic decision-making process. We suggest that structuring strategic objectives, dealing with high levels of uncertainty about the future, as well as considering the interconnectedness of strategic options and their long-term consequences are key aspects of strategic decision making support. We then consider the discursive nature of the processes within which strategic decisions are created and negotiated. Our exploration of these concepts leads us to propose a number of adaptations to the standard multi-criteria decision analysis approach, if it were to provide effective strategic decision support, particularly in strategy workshops. We make suggestions on how to implement these proposals, and illustrate their potential with examples drawn from real-world interventions in which we have provided strategic decision support. Journal of the Operational Research Society (2011) 62, 855-867. doi: 10.1057/jors.2009.178 Published online 3 March 2010
Year
DOI
Venue
2011
10.1057/jors.2009.178
JORS
Keywords
Field
DocType
logistics,inventory,computer science,decision support,information technology,operational research,operations research,location,forecasting,information systems,management science,multi criteria decision analysis,marketing,project management,scheduling,production,communications technology,reliability,investment
Strategic Choice Theory,Strategic thinking,Computer science,Strategic control,Business decision mapping,Strategic financial management,Strategic Initiative,Strategic sourcing,Strategic planning,Operations management,Management science
Journal
Volume
Issue
ISSN
62
5
0160-5682
Citations 
PageRank 
References 
8
0.67
15
Authors
2
Name
Order
Citations
PageRank
G Montibeller123816.25
L. Alberto Franco223414.64