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An integrated neutrosophic AHP and SWOT method for strategic planning methodology selection

Mohamed Abdel Basset (Department of Operations Research, Faculty of Computers and Informatics, Zagazig University, Zagazig, Egypt)
Mai Mohamed (Department of Operations Research, Faculty of Computers and Informatics, Zagazig University, Zagazig, Egypt)
Arun Kumar Sangaiah (School of Computing Science and Engineering, Vellore Institute of Technology University, Vellore, India)
Vipul Jain (Business School, Victoria University of Wellington, Wellington, New Zealand)

Benchmarking: An International Journal

ISSN: 1463-5771

Article publication date: 1 October 2018

1813

Abstract

Purpose

Strategic planning is an organization’s process of describing its strategy, or direction, and making decisions on allocating its resources to track this strategy. SWOT analysis is one of the most commonly used techniques for strategic planning. SWOT examines the strengths (S) and weaknesses (W) agents of the community together with opportunities (O) and threats (T), for selecting and implementing the best strategy which helps in achieving its goals. The purpose of this paper is to enhance the performance of SWOT analysis regarding the quantitative side of strategies, select the best strategy from different strategies and deal effectively with vague and incompatible information, which occurs usually in actual life.

Design/methodology/approach

This study used the neutrosophic analytic hierarchy process (AHP) incorporated with SWOT analysis.

Findings

By adding the neutrosophic AHP to SWOT analysis, the performance of SWOT analysis is enhanced through determining the quantitative values and dealing with vague and inconsistent information effectively leading to improved decisions.

Research limitations/implications

The developed integrated methodology is validated in a real-life case of Starbucks company. For the case study of Starbucks company, the proposed model helps in determining different strategic plans and, further, ranking these plans effectively, which will help the company to compete with its competitors and develop itself by obtaining a competitive advantage over its competitors in an uncertain business environment.

Practical implications

In the case study of Starbucks company, the proposed model helps to determine the different strategic plans, rank these plans which help the company compete with its competitors, develop itself and grow.

Originality/value

This research is the first to address SWOT analysis with neutrosophic AHP.

Keywords

Acknowledgements

The authors would like to thank the anonymous reviewers and the editor for their insightful comments and suggestion.

Citation

Basset, M.A., Mohamed, M., Sangaiah, A.K. and Jain, V. (2018), "An integrated neutrosophic AHP and SWOT method for strategic planning methodology selection", Benchmarking: An International Journal, Vol. 25 No. 7, pp. 2546-2564. https://doi.org/10.1108/BIJ-08-2017-0232

Publisher

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Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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