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Case-based strategic decision-making
Case-based strategic decision-making

Author(s): Jerzy Surma
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: strategic decisions; analogical reasoning; knowledge representation; Strategos

Summary/Abstract: It seems that the level of strategic decisions, taking into account their complex nature and intuitive character, falls outside the actual scope of decision support systems. The research on case-based simulations brought promising results in the context of rationalizing the strategic decisions-making. This paper mainly focuses on the problems and solutions related to a strategy support system, which would refer to the crucial role of analogical reasoning. We have chosen case-based reasoning as a suitable decision-making paradigm. Then the Strategos case-based reasoning system for supporting strategic decision-making by the small and medium enterprises (SME) management board is presented, followed by a presentation of experimental results and concluded with a possibility of further research in this field.

  • Issue Year: 2011
  • Issue No: 232
  • Page Range: 126-135
  • Page Count: 10
  • Language: English