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Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making

Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making

Nicolas Afanador, Ricardo Bonilla, H. Jackson Ocampo
Copyright: © 2022 |Pages: 26
ISBN13: 9781799893011|ISBN10: 1799893014|EISBN13: 9781799893028
DOI: 10.4018/978-1-7998-9301-1.ch015
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MLA

Afanador, Nicolas, et al. "Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making." Handbook of Research on Organizational Sustainability in Turbulent Economies, edited by Rafael Ignacio Perez-Uribe, et al., IGI Global, 2022, pp. 266-291. https://doi.org/10.4018/978-1-7998-9301-1.ch015

APA

Afanador, N., Bonilla, R., & Ocampo, H. J. (2022). Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making. In R. Perez-Uribe, C. Salcedo-Perez, & A. Carvajal-Contreras (Eds.), Handbook of Research on Organizational Sustainability in Turbulent Economies (pp. 266-291). IGI Global. https://doi.org/10.4018/978-1-7998-9301-1.ch015

Chicago

Afanador, Nicolas, Ricardo Bonilla, and H. Jackson Ocampo. "Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making." In Handbook of Research on Organizational Sustainability in Turbulent Economies, edited by Rafael Ignacio Perez-Uribe, Carlos Salcedo-Perez, and Andres Carvajal-Contreras, 266-291. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-9301-1.ch015

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Abstract

Competitiveness is essential for an organization's success in both the public and private sectors. Using three well-known mathematical methodologies, this work has centered its analysis on factors that affect primarily organizational competitiveness viewed through three different scales (global, local, and businesses). Using these methods, researchers and decision-makers gain insight to perform a qualitative analysis over key metrics of each level looking for improvements in business competitive performance and elucidate the importance of intangible assets like strategy. The authors identified that although each tool can only let us know some aspects about system agents, after combining the three tools as a toolbox, it might be used in volatile and rapidly evolving settings when strategic approaches concentrate on accurate resource allocation that demands a lot of time.

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