An extension of fuzzy SWOT analysis: An application to information technology

Mohammad Taghi Taghavifard, Hannan Amoozad Mahdiraji, Amir Massoud Alibakhshi, Edmundas Kazimieras Zavadskas, Romualdas Bausys

Research output: Contribution to journalArticlepeer-review

32 Citations (Scopus)
131 Downloads (Pure)

Abstract

When considering today's uncertain atmosphere, many people and organizations believe that strategy has lost its meaning and position. When future is predictable, common approaches for strategic planning are applicable; nonetheless, vague circumstances require different methods. Accordingly, a new approach that is compatible with uncertainty and unstable conditions is necessary. Fuzzy logic is a worldview compatible with today complicated requirements. Regarding today's uncertain and vague atmosphere, there is an absolute requirement to fuzzify the tools and strategic planning models, especially for dynamic and unclear environment. In this research, an extended version of Strengths, Weaknesses, Opportunities and Threats (SWOT) fuzzy approach has been presented for strategic planning based on fuzzy logic. It has solved the traditional strategic planning key problems like internal and external factors in imprecision and ambiguous environment. The model has been performed in an information technology corporation to demonstrate the capabilities in real world cases.

Original languageEnglish
Article number46
Number of pages19
JournalInformation (Switzerland)
Volume9
Issue number3
DOIs
Publication statusPublished - 27 Feb 2018
Externally publishedYes

Bibliographical note

This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/).

Keywords

  • Factors aggregation
  • Fuzzy logic
  • Prioritization
  • Strategic planning

ASJC Scopus subject areas

  • Information Systems

Fingerprint

Dive into the research topics of 'An extension of fuzzy SWOT analysis: An application to information technology'. Together they form a unique fingerprint.

Cite this