Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives
Evaluation of alternatives to making decisions still remains as the most difficult field for every manager. Considering that uncertainty, stress, emotions and many other factors still remain insurmountable during decision-making in the work of managers. The research will bring a contemporary approa...
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| Format: | Article |
| Language: | English |
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Brno University of Technology
2023-12-01
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| Series: | Mendel |
| Subjects: | |
| Online Access: | https://ib-b2b.test.infv.eu/index.php/mendel/article/view/229 |
| _version_ | 1797692222842339328 |
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| author | Elvis Elezaj Bekë Kuqi |
| author_facet | Elvis Elezaj Bekë Kuqi |
| author_sort | Elvis Elezaj |
| collection | DOAJ |
| description |
Evaluation of alternatives to making decisions still remains as the most difficult field for every manager. Considering that uncertainty, stress, emotions and many other factors still remain insurmountable during decision-making in the work of managers. The research will bring a contemporary approach to the evaluation of alternatives through the multi-stage method by conducting a series of exhibitions for an effective decision. Model will create a logical structure derivation of exhibitions by revealing options and paths toward strategic leadership. The research used mixed methods of data collection to create a more meaningful and integrative research design. The sample was elongated over a survey of 250 organizations. The research brings to the surface a clear analysis of the following path as a guide and practically used to gain differentiating advantages towards the long-term through Strategic Attractiveness Position in Industry (ST-API). From this analysis structure, a clearness leadership orientation is created for managers, a recommendation for strategic leadership, revealing a group of strategies to undertake depending on the ST-API dimension IFE (Internal Factor Evaluation) or ST-API dimension EFE (External Factor Evaluation) through crafting "Option's" since the organizations are concentrated in the vicinity of the corner (nook) in quad IV, conclusively in "growth and build". Occurrated in this axle, organizations are advised to orient their actions towards the "develop products" in order to go towards longevity and leaderism in the industry.
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| first_indexed | 2024-03-12T02:25:30Z |
| format | Article |
| id | doaj.art-decc54a3c6f74b808122e4638b30dab4 |
| institution | Directory Open Access Journal |
| issn | 1803-3814 2571-3701 |
| language | English |
| last_indexed | 2024-03-12T02:25:30Z |
| publishDate | 2023-12-01 |
| publisher | Brno University of Technology |
| record_format | Article |
| series | Mendel |
| spelling | doaj.art-decc54a3c6f74b808122e4638b30dab42023-09-05T20:39:19ZengBrno University of TechnologyMendel1803-38142571-37012023-12-0129210.13164/mendel.2023.2.090Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision AlternativesElvis Elezaj0Bekë Kuqi1University “Haxhi Zeka”, Faculty of Business, Peja, KosovoUniversity “Haxhi Zeka”, Faculty of Management in Tourism, Hospitality and Environment, Peja, Kosovo Evaluation of alternatives to making decisions still remains as the most difficult field for every manager. Considering that uncertainty, stress, emotions and many other factors still remain insurmountable during decision-making in the work of managers. The research will bring a contemporary approach to the evaluation of alternatives through the multi-stage method by conducting a series of exhibitions for an effective decision. Model will create a logical structure derivation of exhibitions by revealing options and paths toward strategic leadership. The research used mixed methods of data collection to create a more meaningful and integrative research design. The sample was elongated over a survey of 250 organizations. The research brings to the surface a clear analysis of the following path as a guide and practically used to gain differentiating advantages towards the long-term through Strategic Attractiveness Position in Industry (ST-API). From this analysis structure, a clearness leadership orientation is created for managers, a recommendation for strategic leadership, revealing a group of strategies to undertake depending on the ST-API dimension IFE (Internal Factor Evaluation) or ST-API dimension EFE (External Factor Evaluation) through crafting "Option's" since the organizations are concentrated in the vicinity of the corner (nook) in quad IV, conclusively in "growth and build". Occurrated in this axle, organizations are advised to orient their actions towards the "develop products" in order to go towards longevity and leaderism in the industry. https://ib-b2b.test.infv.eu/index.php/mendel/article/view/229QSPM ModelEvaluationDecision-MakingMulti-Stage and Strategic Leadership |
| spellingShingle | Elvis Elezaj Bekë Kuqi Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives Mendel QSPM Model Evaluation Decision-Making Multi-Stage and Strategic Leadership |
| title | Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives |
| title_full | Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives |
| title_fullStr | Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives |
| title_full_unstemmed | Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives |
| title_short | Quantitative Strategic Planning Matrix as a Superior Strategic Management Tools and Techniques in Evaluating Decision Alternatives |
| title_sort | quantitative strategic planning matrix as a superior strategic management tools and techniques in evaluating decision alternatives |
| topic | QSPM Model Evaluation Decision-Making Multi-Stage and Strategic Leadership |
| url | https://ib-b2b.test.infv.eu/index.php/mendel/article/view/229 |
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