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Fuzzy Cognitive Maps and Spiritual Modeling of Management Systems: Issues and Challenges

In: Business Intelligence and Modelling

Author

Listed:
  • Peter P. Groumpos

    (University of Patras)

Abstract

Modeling of Management Systems has been gaining recently the attention of many researchers. Complex dynamic systems are no longer static but most of its subsystems are dynamic and highly nonlinear. Management of such systems has become a challenging and difficult problem. Decisions must be made everywhere and by different people assuring the efficient performance of a business or an enterprise. Old management models and methods cannot solve effectively today’s most management problems and challenges. The human behavior cannot be neglected. There is a need to consider the concept of spirituality in modeling management systems. Advanced mathematical theories and methods can benefit a lot on this effort. Artificial intelligence (AI) and Fuzzy Cognitive Maps (FCM) are considered as appropriate advanced methods. A new unified method is proposed utilizing Intelligence and Wisdom in an integrated way. Spirituality is playing a central and crucial role on management systems. The Plato–Aristotle approach to developing a Spiritual Model for Management Systems is proposed for the first time and briefly explained.

Suggested Citation

  • Peter P. Groumpos, 2021. "Fuzzy Cognitive Maps and Spiritual Modeling of Management Systems: Issues and Challenges," Springer Proceedings in Business and Economics, in: Damianos P. Sakas & Dimitrios K. Nasiopoulos & Yulia Taratuhina (ed.), Business Intelligence and Modelling, pages 65-83, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-57065-1_6
    DOI: 10.1007/978-3-030-57065-1_6
    as

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