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  • The aim of this applied research is to focus on real-life application of multiple attribute decision making (MADM) methods and their adaptation in a way which can be acceptable for business practice. The study will point out main advantages and disadvantages coming from literature review and practical application on Balanced Scorecard (BSC) type of performance measurement and strategic decision making. However, most of these methods were implemented only as an example how it could work in practice, but they were not investigated as a part of continual business decision making. The results of this study should uncover biases and obstacles that have to be addressed when using MADM methods under real conditions by ordinary business without a help of a specialist. A practical application is shown on a comparison between traditional BSC approach and BSC extended by MADM methods.
  • The aim of this applied research is to focus on real-life application of multiple attribute decision making (MADM) methods and their adaptation in a way which can be acceptable for business practice. The study will point out main advantages and disadvantages coming from literature review and practical application on Balanced Scorecard (BSC) type of performance measurement and strategic decision making. However, most of these methods were implemented only as an example how it could work in practice, but they were not investigated as a part of continual business decision making. The results of this study should uncover biases and obstacles that have to be addressed when using MADM methods under real conditions by ordinary business without a help of a specialist. A practical application is shown on a comparison between traditional BSC approach and BSC extended by MADM methods. (en)
Title
  • MADM Methods: Applying Practical Decision Making in Business Processes.
  • MADM Methods: Applying Practical Decision Making in Business Processes. (en)
skos:prefLabel
  • MADM Methods: Applying Practical Decision Making in Business Processes.
  • MADM Methods: Applying Practical Decision Making in Business Processes. (en)
skos:notation
  • RIV/61989100:27510/14:86091478!RIV15-MSM-27510___
http://linked.open...avai/riv/aktivita
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  • P(EE2.3.20.0296), S
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
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  • 26850
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  • RIV/61989100:27510/14:86091478
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  • MADM methods, Balance Scorecard, Analytic Hierarchy Process, BSC, performance measurement (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [F03DC395FF58]
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  • Londýn
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  • Reading
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  • Proceedings of the 13th European Conference on Research Methodology for Business and Management Studies, ECRM 2014 : Cass Business School at the City University London, UK, 16-17 June 2014
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http://linked.open...vavai/riv/projekt
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http://linked.open...iv/tvurceVysledku
  • Franek, Jiří
  • Kashi, Kateřina
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
number of pages
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  • Academic Conferences and Publishing International
https://schema.org/isbn
  • 978-1-909507-57-9
http://localhost/t...ganizacniJednotka
  • 27510
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