Strategic Decision Method Structured in SWOT Analysis and Postures Based in the MAGIQ Multicriteria Analysis

2017 ◽  
pp. 227-237
Author(s):  
Sergio Alexandre Barreira Forte ◽  
Sergio Henrique Arruda Cavalcante Forte ◽  
Placido Rogério Pinheiro
Keyword(s):  
Swot Analysis ◽  
Multicriteria Analysis ◽  
Strategic Decision ◽  
Decision Method

scholarly journals Assessment of the Readiness and Resilience of Czech Society against Water-Related Crises

Hydrology ◽  
2021 ◽  
Vol 8 (1) ◽  
pp. 14
Author(s):  
Štěpán Kavan ◽  
Šárka Kročová ◽  
Jiří Pokorný
Keyword(s):  
Czech Republic ◽  
Swot Analysis ◽  
Multicriteria Analysis ◽  
Interdisciplinary Approach ◽  
Comparison Method ◽  
Internal Environment ◽  
The Czech Republic ◽  
Triangle Method ◽  
Czech Society ◽  
The Individual

This assessment of societal readiness and resilience to water-related situations in the Czech Republic focuses on an interdisciplinary approach in the Czech Republic for solving this problem. The goal of the article is to evaluate and characterize the preparedness for handling water-related crises. The analysis is carried out via a SWOT analysis, which is a universal analytical method used to understand and interpret strengths and weaknesses and to identify opportunities and threats. For the calculation of the weight factor of the SWOT analysis, an assessment was determined based on the multicriteria analysis. The pair comparison method was used to determine the relative importance of the parameters of the strengths and weaknesses, opportunities and threats. The Fuller Triangle method was chosen for the system used to make the comparisons of the individual criteria. The uniqueness of the study consists of the issue of water management, which is thus reflected from a non-traditional perspective, being a contemporary model—the paradigm of the view on the preparedness of the planning documentation as one of the characteristics of societal resilience for water-related crises. The result of the research is the fact that a positive approach prevails in the researched area from the perspective of preparedness for water-related crises. For the creation of the conditions, the factors arising from the internal environment currently prevail slightly over those arising from the external environment.

scholarly journals Importance of on-time decision making in energy sector based on perspectives: Case study new Stavalj project

2017 ◽  
Vol 21 (5) ◽  
pp. 1925-1935
Author(s):  
Dragan Zlatanovic ◽  
Lato Pezo ◽  
Aleksandar Sedmak ◽  
Snezana Kirin
Keyword(s):  
Decision Making ◽  
Sustainable Development ◽  
Swot Analysis ◽  
Numerical Solutions ◽  
Thermal Power ◽  
Assessment Model ◽  
Strategic Decision ◽  
Underground Mines ◽  
Practical Experiences ◽  
Almost All

Expression "Development conditions and perspectives" became important for numerous analyses in various industrial and social areas. Several strategic documents and studies in last two decades analysed projects with topics on perspectives of future development in Serbia. Various tools are used for development of such documents, based on recent scientific and numerical solutions, thus providing reliable assessment for strategic decision making. Almost all analyses tried to implement the theories and practical experiences through the prism of "sustainable development", which included establishment of most important sustainability parameters. Analysis and ranking presented in this paper considered the potential of the Stavalj coal deposit, near city of Sjenica in Serbia, and feasibility of construction project of new mine and thermal power plant. Basis for analysis was a hybrid assessment model which takes into account principles of sustainable development. The model incorporates quantified SWOT analysis, which applies to active underground mines in Serbia. Special attention was given to the parameters describing potential for development.

A multi-methodological approach for assessing sustainability of urban projects

2015 ◽  
Vol 26 (1) ◽  
pp. 138-154 ◽  
Author(s):  
Marta Bottero
Keyword(s):  
Swot Analysis ◽  
Planning Process ◽  
Methodological Approach ◽  
Hybrid Approach ◽  
Flow Analysis ◽  
Multicriteria Analysis ◽  
Discounted Cash Flow ◽  
Content Type ◽  
Definition Of ◽  
The City

Purpose – The purpose of this paper is to propose a multi-methodological approach for assessing the sustainability of urban projects. The proposed framework has the objective of addressing the different dimensions involved in the analysis (economic, environmental, social, technological, cultural, etc.), following the subsequent phases for the definition of the projects (from a very general masterplan to more detailed preliminary projects). Design/methodology/approach – The multi-methodological approach is organized according to subsequent steps, involving the application of different evaluation methods, namely SWOT analysis, multicriteria analysis, discounted cash flow analysis and sensitivity analysis. With the aim of better illustrating the proposed approach, the method is applied on a real case concerning the project of a new boulevard in the city of Skopje. Findings – The proposed approach resulted to be successful in structuring the complex planning context and in increasing and improving the information for the project, thus acting as a learning process. Originality/value – The paper is based on the experimentation of an hybrid approach for addressing planning process. The multi-methodological framework can be useful in supporting decision making process in the domain of urban projects. In this sense, the proposed framework is able to communicate the planners’, designers’ and decision maker’s perspectives, to enhance transparency in the decision process and thus to increase acceptance.

scholarly journals Strategy Selection in the Universities via Fuzzy AHP Method: A Case Study

2020 ◽  
Vol 9 (2) ◽  
pp. 107 ◽  
Author(s):  
Ömür Hakan Kuzu
Keyword(s):  
Swot Analysis ◽  
Fuzzy Ahp ◽  
Academic Staff ◽  
Pairwise Comparison ◽  
Strategic Decision ◽  
Strategy Selection ◽  
State University ◽  
Senior Managers ◽  
Threat Analysis ◽  
The University

SWOT (Strength, Weakness, Opportunity and Threat) Analysis, even though it enables analyzing the internal and external environment that is effective in the process of organizations and institutions to make strategic decision, is a method that has some deficiencies in terms of measurement and assessment. In order to eliminate the deficiencies of interests and make assessment through more exact data in the process of decision making, in literature, various methods under the title of quantitative SWOT Analysis has been used. One of these methods is to integrate SWOT analysis with Fuzzy Analytical Hierarchy Process (FAHP) method. In this study, the data of SWOT analysis were turned into a hierarchical structure and the model formed was solved by means of method of FAHP. The application of method was performed on the problem of strategy selection of a state university in Turkey. Surveys conducted among 1292 academic staff in the university were evaluated by SWOT analysis. For the 6 main strategies and 13 sub-strategies obtained as a result of the analyses, pairwise comparison surveys were conducted with 37 senior managers of the university. Questionnaires were analyzed by FAHP method and it was concluded that the most important strategy for the university is “to be in the country’s top 5 universities and in the world’s top 500 universities”.

Strategic decision making using multicriteria analysis: new service development in Greek hotels

2015 ◽  
Vol 7 (2) ◽  
pp. 187 ◽  
Author(s):  
Fotis Kitsios ◽  
Evangelos Grigoroudis ◽  
Konstantinos Giannikopoulos ◽  
Michael Doumpos ◽  
Constantin Zopounidis
Keyword(s):  
Decision Making ◽  
Multicriteria Analysis ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Service Development ◽  
New Service Development

scholarly journals IMPLEMENTASI THEORY OF CONSTRAINTS PADA UPAYA PENINGKATAN KAPASITAS PRODUKSI OLAHAN BANDENG, DI KOTA BEKASI

2016 ◽  
Vol 6 (3) ◽  
Author(s):  
Docki Saraswati ◽  
Rosiyana Dewi ◽  
Sucipto Adisuwiryo
Keyword(s):  
Decision Making ◽  
Processing Time ◽  
Swot Analysis ◽  
Production Capacity ◽  
Strategic Decision ◽  
Theory Of Constraints ◽  
Analysis Approach ◽  
Strategic Decision Making ◽  
Cooling Process ◽  
Plastic Packaging

<p>Competition in finding jobs increasingly tight, encourages efforts to establish its own selfemployment<br />by utilizing available resources. Research conducted on entrepreneur processed<br />bandeng fish in Bekasi, which produces ‘otak-otak bandeng’. SWOT analysis approach conducted<br />on aspects of production, finance and marketing to formulate strategic decision-making. Strategies<br />to increase production capacity were done by using the approach of theory of constraints (TOC).<br />There are 10 stages in the process of making the ‘otak-otak bandeng’. The result shows the<br />identification of constraints occur in the process of separating the thorn of the fish. Replacement of<br />meat grinder machine increases the efficiency of processing time by 13%. Furthermore, change is<br />made on the work procedures for cooling process and inserting fish in the plastic packaging bags.<br />The replacement of meat grinder machine and changing the work procedures for packaging has<br />saving the processing time up to 20%.</p>

scholarly journals APPLICATION OF A SWOT-FANP METHOD

2013 ◽  
Vol 19 (4) ◽  
pp. 570-592 ◽  
Author(s):  
Yun-Huei Lee
Keyword(s):  
Swot Analysis ◽  
Analytic Network Process ◽  
Decision Makers ◽  
Strategic Decision ◽  
Planning Tool ◽  
Strategy Formulation ◽  
Relative Priority ◽  
Analytic Hierarchy ◽  
Network Process ◽  
Hierarchy Process

Strengths, weaknesses, opportunities, and threats (SWOT) analysis is an effective strategic planning tool for the development of strategy formulation, but its main weakness is being incapable of quantitatively determining the weights and effects of alternative strategic criteria. Some studies’ use of SWOT with analytic hierarchy process (AHP) would enable decision-makers to obtain-through pairwise comparisons-a relative priority of each criterion, so that the results from quantitative measures could overcome SWOT's central shortcoming. However, these studies neglect critical relationships or dependencies among SWOT factors. In this study, I propose a quantitative SWOT that rests on fuzzy analytic network process (FANP) methodology, includes possible dependencies among SWOT factors and permits the elimination of decision-makers’ uncertain and vague preferences. To this end, I chose the Taiwan biotech pharmaceutical industry as an illustrative example. This study demonstrates and validates that such an enhanced methodology is viable and highly capable of providing enriched insights regarding strategic decision-making management in complex real-world situations.

scholarly journals Bioma Cerrado: fragilidades e potencialidades socioambientais de um projeto de trilha no Parque Nacional Serra da Canastra

2020 ◽  
Vol 13 (6) ◽  
pp. 2978
Author(s):  
Ana Luíza De Souza Marcondes ◽  
Daniela R. T. Riondet-Costa ◽  
Gabriel De Oliveira Machado ◽  
Gabriel Wilson Lorena Florêncio ◽  
Guilherme Prado Alves ◽  
...  
Keyword(s):  
National Parks ◽  
National Park ◽  
Swot Analysis ◽  
Multicriteria Analysis ◽  
Final Analysis ◽  
Minas Gerais ◽  
Cerrado Biome ◽  
Future Situation ◽  
Negative Impacts ◽  
Social Environmental

O ecoturismo é uma das atividades mais desenvolvidas em Parques Nacionais. A implementação de trilhas eco turísticas pode funcionar como atrativo turístico e favorecer empreendimentos locais, entretanto, podem causar impactos negativos diretos ao meio ambiente. Esses impactos podem ser minimizados através de estudos prévios para verificação de viabilidade na implementação das trilhas. Sendo assim, o objetivo deste trabalho foi apontar fragilidades e potencialidades socioambientais de um projeto de trilha para o uso turístico no Parque Nacional Serra da Canastra (PNSC), localizado no sudoeste de Minas Gerais, no bioma Cerrado. Para tanto, a partir de análise multicritério no software ArcGIS, foram elaborados os mapas de suscetibilidade à erosão e aptidão ao uso do turístico do entorno da trilha. A análise final foi realizada por meio da Matriz SWOT, que permitiu sintetizar as fragilidades e potencialidades socioambientais, evidenciando as forças e fraquezas (situação presente) e as oportunidades e ameaças (situação futura, caso a proposta de trilha seja efetivada). Os resultados mostram que mais de 80% da área estudada possui alta e muito alta aptidão ao ecoturismo, sendo suas principais potencialidades a proximidade a recursos hídricos e a estradas de acesso, a predominância de declividade moderada (3-8%) e a possibilidade de desenvolvimento do turismo local e de atividades de sensibilização ambiental. Por outro lado, as principais fragilidades apontaram para a ameaça de compactação do solo, a evasão de espécies endêmicas e o relevo escarpado encontrado em um trecho da trilha, mostrando que pequenas alterações no trajeto tornam viável a implementação da trilha proposta. Cerrado Biome: social-environmental weaknesses and potentialities of a trail project in the Serra da Canastra National Park ABSTRACTEcotourism is one of the most developed activities in National Parks. The implementation of eco-tourism trails can act as tourist attraction and favor local enterprises, however, they can cause direct negative impacts on the environment. These impacts can be minimized through previous studies to verify the feasibility of implementing the trails. Therefore, the objective of this work was to point out socio-environmental weaknesses and potentialities of a trail project for tourist use in the Serra da Canastra National Park (PNSC), located in the southwest of Minas Gerais, in the Cerrado biome. For that, using multicriteria analysis in the ArcGIS software, maps of susceptibility to erosion and aptitude for tourism use around the trail were elaborated. The final analysis was carried out using the SWOT Analysis, which made it possible to summarize the socio-environmental weaknesses and potentialities, highlighting the strengths and weaknesses (present situation) and opportunities and threats (future situation, if the  proposed trail is implemented). The results show that more than 80% of the studied area has high and very high aptitude for ecotourism, its main potential being the proximity to water resources and access roads, the predominance of moderate declivity (3-8%) and the possibility of development of local tourism and environmental awareness activities. On the other hand, the main weaknesses pointed to the threat of soil compaction, the evasion of endemic species and the rugged relief found in a stretch of the trail, showing that small changes in the path make the implementation of the proposed trail viable.Keywords: Protected areas; park trail; ecotourism; SWOT analysis.

Fall of a Titan: understanding the Jet Airways crisis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shashank Kathpal ◽  
Asif Akhtar
Keyword(s):  
Strategic Management ◽  
Market Share ◽  
Swot Analysis ◽  
Strategic Decision ◽  
Aviation Industry ◽  
Strategic Decisions ◽  
Strategic Choices ◽  
Content Type ◽  
Management Concepts

Theoretical basis The competitive environment of the Indian aviation industry is studied using Porter's five forces model. The SWOT analysis is used to examine the competitive position of Jet Airways. The role of Merger & Acquisition in the current Jet Airways crisis is also examined. Relevant texts studied are as follows: Kazmi, A. and Kazmi A. (1992). Strategic Management. McGraw-Hill Education; and Porter, M. (2008). The Five Competitive Forces That Shape Strategy. Harvard business review. 86. 78–93, 137. Research methodology This data for this case was extracted from secondary sources. These sources comprise newspaper articles, reports from the industry, reports of the company and the company's website. For gaining clarity over concepts, strategic management book by Azhar Kazmi and Adela Kazmi was referred. This case also uses websites such as moneycontrol.com to analyze financial health of the company. In the end, this case also uses some existing reports from the sources like World Bank and plane spotters to analyze the status of Jet Airways and also Indian aviation industry. This case has been tested in the classroom with MBA students in a class of Business Policy and Strategic management. Case overview/synopsis The Jet Airways, which once had the largest market share in the Indian aviation industry, has reached bankruptcy. Mr. Naresh Goyal, known for his aggressive expansion strategies, has already filed for bankruptcy. This case presents how buying aircrafts' obsession with poor choices on Mergers/Acquisitions could result in bankruptcy. The same could be substantiated from the fact that Goyal had many (197) of his fleet's latest aircraft. Goyal was also criticized for buying Sahara Airlines, which was performing poorly in the market. Spending a large portion of the budget in capital expenditure in an industry where operational cost is very high, only the cost of turbine fuel amounts to 50% of total operational expense. The high expenditure on capital budget and increasing operational cost weaken the financial position of Jet Airways. Despite earning decent revenue and having the highest market share in 2010, Jet Airways made losses in three consecutive years, i.e. from 2009 to 2011. After 2011, when the Indian aviation industry witnessed a high level of competition and growth in low-cost carriers (LCC), Jet Airways' survival was up for a toss. Despite the desperate measures of cost-cutting and attracting potential investors, Jet Airways reached the verge of bankruptcy. The current case emphasized the need to balance safe and riskier options, even for the market leaders like Jet Airways could fail due to poor strategic choices. This case presents some harsh realities on funds allocation. In 2010, where Jet Airways secure the highest market share and decent total revenue, it realized net losses. The case study also explains the need to adapt to the dynamics of the industry. After 2011, when LCC started dominating the Indian aviation industry, Jet Airways did not change its operation strategy and facing severe consequences. The case was about the poor strategic decisions taken by the founder of Jet Airways, Mr. Naresh Goyal, which adversely affected the health of the airline. The case also explores the possible strategic choices that Goyal could have taken to ensure Jet Airways' survival. Through this case, an attempt had been made to highlight the importance of various concepts that we need to understand while making a strategic decision for any organization. In the end, this case emphasized the role of strategy in managing an organization successfully. Complexity academic level The case study's target group should be Undergraduate and Postgraduate students of the Management discipline who study Strategic Management as a specialization or as the subject. This case can also be used in the Management Development Program for senior executives taking any vocational course or workshop on Business Strategy. The case focuses on one of the fastest emerging markets, i.e. India, and could be proven valuable for many multinationals companies. The case presents the changing competitive dynamics of the Indian aviation industry. The central theme on which the case revolves is the importance of sound strategic choices in a dynamic market or industry. After analyzing the case, the students would understand the complex nature of strategic decision-making and any poor strategic decisions ripple effect. This case could teach essential strategic management concepts like "SWOT analysis" and "PESTEL analysis." This case should be used to teach strategic management concepts only and not act as a judgment tool for any organization.

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