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A DEMATEL-based method for prioritizing strategic projects using the perspectives of the Balanced Scorecard

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  • Quezada, Luis E.
  • López-Ospina, Héctor A.
  • Ortiz, César
  • Oddershede, Astrid M.
  • Palominos, Pedro I.
  • Jofré, Paulina A.

Abstract

This paper presents a method for ranking projects based on their impact on the strategic objectives of the strategy map of the Balanced Scorecard (BSC) of an organization. A strategy map is a visual representation of the strategic objectives and the causal relationships between them in an organization. This work uses this map to align strategic projects to the objectives of the shareholders.

Suggested Citation

  • Quezada, Luis E. & López-Ospina, Héctor A. & Ortiz, César & Oddershede, Astrid M. & Palominos, Pedro I. & Jofré, Paulina A., 2022. "A DEMATEL-based method for prioritizing strategic projects using the perspectives of the Balanced Scorecard," International Journal of Production Economics, Elsevier, vol. 249(C).
    • Handle: RePEc:eee:proeco:v:249:y:2022:i:c:s0925527322001116
    DOI: 10.1016/j.ijpe.2022.108518
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    2. Maryam Afghah & Seyed Mojtaba Sajadi & Seyed Mostafa Razavi & Mohammadreza Taghizadeh‐Yazdi, 2023. "Hard dimensions evaluation in sustainable supply chain management for environmentally adaptive and mitigated adverse eco‐effect environmental policies," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 5044-5067, November.
    3. Satish Kumar & Weng Marc Lim & Riya Sureka & Charbel Jose Chiappetta Jabbour & Umesh Bamel, 2024. "Balanced scorecard: trends, developments, and future directions," Review of Managerial Science, Springer, vol. 18(8), pages 2397-2439, August.

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