A new fast, reliable filtering method for multiple criteria decision making

Abstract

Purpose

This paper aims to introduce a new method for the evaluation and selection (filtering) of alternatives in a complex multi‐criteria decision environment.

Design/methodology/approach

The method uses an original modified outranking methodology to select optimal opportunities among competing alternatives for adoption.

Findings

The process has application in scenarios such as wherein an executive or manager of a technology‐intensive enterprise faces the significant challenges of making effective investment decisions for new business processes and product technology.

Practical implications

As applied in an enterprise technology decision‐making environment, the method reduces uncertainty in the process of filtering and selecting the best technology opportunities evaluated against multiple criteria or business objectives.

Originality/value

The value of the method is in its simplicity and expediency to identify, assess, and then isolate the most appropriate technology opportunities among many.

Citation

Walk, S.R. (2011), "A new fast, reliable filtering method for multiple criteria decision making", Management Decision, Vol. 49 No. 5, pp. 810-822. https://doi.org/10.1108/00251741111130878