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Ranking Strategic Objectives in a Strategy Map Based on Logarithmic Fuzzy Preference Programming and Similarity Method Cover

Ranking Strategic Objectives in a Strategy Map Based on Logarithmic Fuzzy Preference Programming and Similarity Method

Open Access
|Aug 2019

Abstract

This paper aims to rank strategic objectives in a strategy map to improve the efficiency of strategy implementation. Objectives are ranked based on strategic destinations using the combination of Logarithmic Fuzzy Preference Programming (LFPP) and similarity method. In the first step, the weight of strategic destinations is obtained using LFPP technique; then objectives are ranked by similarity method. Similarity method uses the concept of alternative gradient and magnitude for effectively solving the general multi-criteria analysis problem. Finally, objectives are ranked in an actual strategy map. As a practical and efficient tool, the proposed approach can assist managers and decision-makers in drawing more efficient output from strategy maps.

DOI: https://doi.org/10.1515/mspe-2019-0025 | Journal eISSN: 2450-5781 | Journal ISSN: 2299-0461
Language: English
Page range: 153 - 161
Submitted on: Jan 1, 2019
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Accepted on: May 1, 2019
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Published on: Aug 28, 2019
Published by: STE Group sp. z.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2019 Hossein Safari, Ehsan Khanmohammadi, Meysam Maleki, Virgilio Cruz-Machado, Eduard Shevtshenko, published by STE Group sp. z.o.o.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.