scholarly journals Evaluation of the Impact of Strategic Offers on the Financial and Strategic Health of the Company—A Soft System Dynamics Approach

Mathematics ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 208 ◽  
Author(s):  
Dariusz Banaś ◽  
Jerzy Michnik
Keyword(s):  
Decision Making ◽  
Decision Problems ◽  
Decision Making Process ◽  
Novel Approach ◽  
Essential Properties ◽  
Similarities And Differences ◽  
Nonlinear Gauge ◽  
The Impact

When analyzing the possibility of supporting the decision-making process, one should take into account the essential properties of economic entities (the system and its objects). As a result, the development of an effective business model ought to be based on rationality and the characteristics of the system being modeled. Such an approach implies the use of an appropriate analysis and modeling method. Since the majority of relationships in the model are described using the experts’ tacit knowledge, methods known as “soft” are more suitable than “hard” in those situations. Fuzzy cognitive mappings (FCM) are therefore commonly used as a technique for participatory modeling of the system, where stakeholders can convey their knowledge to the model of the system in question. In this study, we introduce a novel approach: the extended weighted influence nonlinear gauge system (WINGS), which may equally well be applied to the decision problems of this type. Appraisal of high-value and long-term offers in the sector of the telecommunication supplier industry serves as a real-world case study for testing the new method. A comparison with FCM provides a deeper understanding of the similarities and differences of the two approaches.

scholarly journals Penguatan Gender dalam Pengambilan Keputusan Birokrasi di Kabupaten Bone Bolango

2018 ◽  
Vol 1 (1) ◽  
pp. 24
Author(s):  
Robby Hunawa
Keyword(s):  
Decision Making ◽  
Qualitative Research ◽  
Data Collection ◽  
Research Method ◽  
Decision Making Process ◽  
The Public ◽  
Female Figures ◽  
Reinforcement Model ◽  
The Impact

The long-term goal of this research is the birth of the process of drawing women's involvement in the bureaucratic decision-making process, and the gender reinforcement model in bureaucratic decision making in Bone Bolango District. The target of the research will be done by stages: 1) identify the problem of constraints faced; and 2) to formulate a model of gender reinforcement in bureaucratic decision making. The research method used is qualitative research with data collection techniques through: interview, documentation, and FGD. Further data collected will be analyzed data triangulation. The result of the research is the birth of a model of gender reinforcement in decision making bureaucracy. The impact of the study will provide answers on women's partisifasi in decision making. During this time the existence of women is very much ruled out. The presence of female figures in the public dimension brings new trends in the context of government. Women want to be treated proportionally. This tendency has implications for the inclusion of women to compete with men to become leaders.

A novel technique for evaluating and ranking green airlines: benchmarking-base comparison

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Saleh Fahed Alkhatib ◽  
Yazan Khalid Abed-Allah Migdadi
Keyword(s):  
Decision Making ◽  
Content Type ◽  
Cause And Effect ◽  
Green Strength ◽  
Novel Approach ◽  
Global And Local ◽  
The Impact ◽  
Hierarchy Process ◽  
Ranking Technique

PurposeThis study aims to evaluate and rank green airlines by proposing a novel approach that integrates different multi-criteria decision-making (MCDM) techniques.Design/methodology/approachThree MCDM techniques were adopted: Decision-Making Trial and Evaluation Laboratory (DEMATEL) addressed the impact relationships between Airline Green Operations (AGOs) and classified them into cause and effect; analytical hierarchy process (AHP) prioritized these actions and found their global and local weights; and Techniques to Order Preferences by Similarity to Ideal Solution (TOPSIS) used the weighted actions to evaluate and rank 20 green airlines as a case study.FindingsDEMATEL outcomes provide the first AGOs impact relationships map (IRM), classify AGOs into cause and effect actions and provide better understanding how these green operations affect each other. According to the AHP outcomes, “GHG1and fuel” and “GHG2 and Energy” were the most important set of actions, respectively. Finally, a new evaluation and ranking for 20 green airlines has been presented.Practical implicationsThe AGOs IRM provides a better understanding of the airline green operations and how they affect each other. The new evaluation and ranking technique helps airlines to identify their green strength and weakness areas and supports their sustainability processes.Originality/valueThe increasing importance of AGOs evaluation and analysis highlights the importance of green airlines studies like this one. This study analyzed AGOs, their impact relationships, developed their IRM and provided a new worldwide green airline benchmarking base.

scholarly journals Data Storytelling with Dashboard: Accelerating Understanding Through Data Visualization in Financial Technology Company Case Study

Jurnal METRIS ◽  
2021 ◽  
Vol 20 (1) ◽  
Author(s):  
Ferdian Suprata
Keyword(s):  
Decision Making ◽  
Data Visualization ◽  
Rapid Development ◽  
Data Driven ◽  
Decision Making Process ◽  
Business Practices ◽  
Context Data ◽  
The Impact ◽  
Financial Technology

In the rapid development many organisation rely on context data to support as well as to assist its decision making process. Consequently, Business Intelligence (BI), Dashboard, and Data Visualization emerged as primary tools in early 1990s as a way to help practitioners, data analyst, and data scientist to present context data into an actionable information for decision making process. However, despite its robust and powerful tools, recent study done by Kaggle’s survey in 2017 resulted that in the last five years, many companies were not able to create effective data-driven dashboard due to complex dataset, poor dashboard design, and insufficient storytelling. Hence, understanding of who is going to use dashboard, choosing which data and metrics to visualize in the right context, knowing how to convey information, driving engagement, and persuading audiences are essential in current business practices. This study is aimed to help practitioners to understand the impact of effective dashboard can have on decision making process, to design leveraging dashboard, and to present the dashboard in storytelling. A literature study is performed to gather all relevant information resulted in guidelines for dashboard creator. Case study in financial technology company is applied to experiment and to test the guidelines for assisting dashboard creator to present data-driven insight to the stakeholder.

scholarly journals The Impact of Shared Stories on Family Firm Innovation

2015 ◽  
Vol 28 (4) ◽  
pp. 332-354 ◽  
Author(s):  
Nadine Kammerlander ◽  
Cinzia Dessì ◽  
Miriam Bird ◽  
Michela Floris ◽  
Alessandra Murru
Keyword(s):  
Decision Making ◽  
Family Firms ◽  
Case Study Research ◽  
Firm Innovation ◽  
Shared Stories ◽  
Multiple Case ◽  
The Impact

Innovation is a key determinant of long-term success for family firms. We apply a multiple case study research design to investigate the relationship between stories that are shared among family members across generations and the family firms’ innovations. We derive a set of four propositions suggesting that founder focus in stories is negatively and family focus is positively associated with innovation. We further propose that these relationships are mediated by the scope of decision-making options, the distribution of decision-making power between generations, and the role of conflict in the families.

Performance of Shari’ah-compliant and non-Shari’ah-compliant listed firms: a case study of Malaysia

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Irum Saba ◽  
Mohamed Ariff ◽  
Eskandar Shah Mohd Rasid
Keyword(s):  
Decision Making ◽  
Design Methodology ◽  
Islamic Finance ◽  
Decision Making Process ◽  
Content Type ◽  
Listed Firms ◽  
Finance Industry ◽  
The Impact ◽  
Statistical Results

Purpose Shari’ah provides the basic tenets of the Islamic finance industry and advocates banks to share their profits and losses with investors. But what it means for a firm to be “Shari’ah-compliant” and what form of connections it can have, even in theory, to either the firm’s value or profitability is still an untapped question. This study tries to answer this question. This study aims to find the impact of Shari’ah compliance on firm performance. The results obtained would be useful in helping investors, regulators, companies, government, academicians and practitioners in their decision-making process as to ensure better economic and business gains, both locally and globally. Design/methodology/approach Panel data on 634 Shari’ah-compliant firms have been used in this study for the period of 2000–2014. Findings The results indicate that Shari’ah compliance adds to the value of firms as firms perform transactions according to Shari’ah while avoiding non-permissible activities. Originality/value This study adds value to the existing literature by showing the statistical results for the impact of Shari’ah compliance on the performance of the listed firms on Bursa Malaysia.

The impact of long-term orientation on decision making process

2013 ◽  
Vol 2013 (1) ◽  
pp. 14772 ◽  
Author(s):  
Weilei (Stone) Shi ◽  
Haibin Yang ◽  
John E Prescott
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
The Impact

The Evolution of FDA Policy on Silicone Breast Implants: A Case Study of Politics, Bureaucracy, and Business in the Process of Decision-Making

1995 ◽  
Vol 25 (4) ◽  
pp. 573-591 ◽  
Author(s):  
Howard A. Palley
Keyword(s):  
Decision Making ◽  
Side Effects ◽  
Interest Group ◽  
Breast Implants ◽  
Decision Making Process ◽  
Silicone Breast Implants ◽  
Number Of Factors ◽  
The Impact

The central issue facing federal regulation of breast implants is that while such devices are not functionally necessary or needed for survival, the side effects may be harmful and have not been proven unharmful. The Medical Device Amendments of 1976 appear to require such evidence prior to the FDA permitting the unrestricted marketing of these devices. However, only recently have such requirements been imposed by the FDA. The author examines the FDA's decision-making process, particularly as applied to silicone breast implants, and the factors that appear to have affected such decisions. In pursuing this study, the activities of a number of interest-group actors, as well as congressional responses and the role of federal bureaucratic actors, were examined. In 1992 the FDA established a regulatory protocol that effectively withdrew most silicone breast implants from the market for the purpose of breast augmentation and allows for the monitoring of the impact of new implants on women's health. This increased concern for determining the safety of breast implants is due to a number of factors, which are examined in this article.

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