IDEAS home Printed from https://ideas.repec.org/a/hin/complx/7954289.html
   My bibliography  Save this article

The Strategic Decision-Making as a Complex Adaptive System: A Conceptual Scientific Model

Author

Listed:
  • Dewey Wollmann
  • Maria Teresinha Arns Steiner

Abstract

A company in a competitive environment that wishes to be a benchmark in the business world needs a management model that enables the development of systemic thinking on the part of its executives. In addition to systemic thinking, it is also necessary that executives (i) are aware that the decision-making processes should be shared, (ii) have bounded rationality, and (iii) exert political influence according to their preferences. In this context, the aim of this paper is to describe a conceptual scientific model for strategic decision-making from rules originating from Complex Adaptive Systems and the following mathematical techniques: Analytic Network Process and Linear Programming. This applied and quantitative study is a theoretical essay developed from an integrative review of the aforementioned concepts and techniques, resulting in the proposition of a scientific and conceptual mathematical model that can be applied to a wide variety of business environments. The results obtained from a hypothetical example (Strategic Operation Management Decision) show that the model is able to rank a set of strategic decisions in the environment of most companies and generate information to minimize the negative effects of shared decisions.

Suggested Citation

  • Dewey Wollmann & Maria Teresinha Arns Steiner, 2017. "The Strategic Decision-Making as a Complex Adaptive System: A Conceptual Scientific Model," Complexity, Hindawi, vol. 2017, pages 1-13, January.
    • Handle: RePEc:hin:complx:7954289
    DOI: 10.1155/2017/7954289
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/8503/2017/7954289.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/8503/2017/7954289.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2017/7954289?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gustavo Barros, 2010. "Herbert A. Simon and the concept of rationality: Boundaries and procedures," Brazilian Journal of Political Economy, Center of Political Economy, vol. 30(3), pages 455-472.
    2. Thomas L. Saaty, 2013. "The Modern Science of Multicriteria Decision Making and Its Practical Applications: The AHP/ANP Approach," Operations Research, INFORMS, vol. 61(5), pages 1101-1118, October.
    3. Samuel D. Bond & Kurt A. Carlson & Ralph L. Keeney, 2008. "Generating Objectives: Can Decision Makers Articulate What They Want?," Management Science, INFORMS, vol. 54(1), pages 56-70, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Young, Robert Alan, 2022. "Using intervention research to adopt evidence-based management as a practical leadership capability," Journal of Applied Leadership and Management, Hochschule Kempten - University of Applied Sciences, Professional School of Business & Technology, vol. 10, pages 22-40.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ishizaka, Alessio & Siraj, Sajid, 2018. "Are multi-criteria decision-making tools useful? An experimental comparative study of three methods," European Journal of Operational Research, Elsevier, vol. 264(2), pages 462-471.
    2. Comino, E. & Ferretti, V., 2016. "Indicators-based spatial SWOT analysis: supporting the strategic planning and management of complex territorial systems," LSE Research Online Documents on Economics 64142, London School of Economics and Political Science, LSE Library.
    3. Ulrike Reisach, 2016. "The creation of meaning and critical ethical reflection in operational research," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 5-32, June.
    4. Aleksandar Aleksić & Danijela Tadić, 2023. "Industrial and Management Applications of Type-2 Multi-Attribute Decision-Making Techniques Extended with Type-2 Fuzzy Sets from 2013 to 2022," Mathematics, MDPI, vol. 11(10), pages 1-24, May.
    5. Yuan-Wei Du & Yi-Pin Fan, 2023. "Spatiotemporal Dynamics of Agricultural Sustainability Assessment: A Study across 30 Chinese Provinces," Sustainability, MDPI, vol. 15(11), pages 1-23, June.
    6. Targetti, Stefano & Schaller, Lena L. & Kantelhardt, Jochen, 2021. "A fuzzy cognitive mapping approach for the assessment of public-goods governance in agricultural landscapes," Land Use Policy, Elsevier, vol. 107(C).
    7. Shuyang Yu & Dan Wang, 2022. "Quantitative SWOT Analysis on Factors Influencing the Sustainable Development of Non-Academic Education in China’s Open Universities: A Case Study of Beijing Open University," Sustainability, MDPI, vol. 14(20), pages 1-24, October.
    8. Tim H¨ofer & Rüdiger von Nitzsch & Reinhard Madlener, 2020. "Using Value-Focused Thinking and Multicriteria Decision Making to Evaluate Energy Transition Alternatives," Decision Analysis, INFORMS, vol. 17(4), pages 330-355, December.
    9. Siebert, Johannes Ulrich & Kunz, Reinhard E. & Rolf, Philipp, 2021. "Effects of decision training on individuals’ decision-making proactivity," European Journal of Operational Research, Elsevier, vol. 294(1), pages 264-282.
    10. Laura Abrardi, 2019. "Behavioral barriers and the energy efficiency gap: a survey of the literature," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(1), pages 25-43, March.
    11. Hernandez-Perdomo, Elvis A. & Mun, Johnathan & Rocco S., Claudio M., 2017. "Active management in state-owned energy companies: Integrating a real options approach into multicriteria analysis to make companies sustainable," Applied Energy, Elsevier, vol. 195(C), pages 487-502.
    12. Ferretti, V., 2021. "Framing territorial regeneration decisions: Purpose, perspective and scope," Land Use Policy, Elsevier, vol. 102(C).
    13. Samuel D. Bond & Kurt A. Carlson & Ralph L. Keeney, 2010. "Improving the Generation of Decision Objectives," Decision Analysis, INFORMS, vol. 7(3), pages 238-255, September.
    14. Jing-Wei Liu & Che-Wei Chang & Yao-Ji Wang & Yi-Hui Liu, 2022. "Constructing a Decision Model for Health Club Members to Purchase Coaching Programs during the COVID-19 Epidemic," Sustainability, MDPI, vol. 14(20), pages 1-13, October.
    15. Muwen Wang & Kecheng Zhang, 2022. "Improving Agricultural Green Supply Chain Management by a Novel Integrated Fuzzy-Delphi and Grey-WINGS Model," Agriculture, MDPI, vol. 12(10), pages 1-19, September.
    16. Wang, Junqi & Cao, Hongjun, 2022. "Improving competitive strategic decisions of Chinese coal companies toward green transformation: A hybrid multi-criteria decision-making model," Resources Policy, Elsevier, vol. 75(C).
    17. Punys, P. & Radzevičius, A. & Kvaraciejus, A. & Gasiūnas, V. & Šilinis, L., 2019. "A multi-criteria analysis for siting surface-flow constructed wetlands in tile-drained agricultural catchments: The case of Lithuania," Agricultural Water Management, Elsevier, vol. 213(C), pages 1036-1046.
    18. Cairns, George & Goodwin, Paul & Wright, George, 2016. "A decision-analysis-based framework for analysing stakeholder behaviour in scenario planning," European Journal of Operational Research, Elsevier, vol. 249(3), pages 1050-1062.
    19. Julie Ricard, 2022. "Accroissement de la complexité des décisions dans un contexte de prolifération des règles," Post-Print hal-03633895, HAL.
    20. Chin-Yi Chen & Jih-Jeng Huang, 2019. "Deriving Fuzzy Weights of the Fuzzy Analytic Network Process via Fuzzy Inverse Matrix," Mathematics, MDPI, vol. 7(10), pages 1-14, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:complx:7954289. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.