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A Methodological Approach for Analysing Stakeholder Dynamics in Decision-Making Process: An Application in Family Compensation Funds

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Applied Mathematics and Computational Intelligence (FIM 2015)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 730))

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Abstract

The aim of the paper is to examine the stakeholder dynamics through causality relationship process. The study proposes a methodological perspective of stakeholders, which allows analysing the linking of relationship from the relative intensity and linked relations of entire stakeholders. An application is developed to help decision-making process in uncertainty concerning the ordering according to their importance algorithm and linking of relation method, which are based on notions of relation, gather and order. The case of study is focused on The Family Compensation Funds (FCF) in Colombia. The results show how the ambiguity and fuzziness of the stakeholders and appraisal subjective of decision-maker can be dealt with, helping to make a decision according to its individual estimations. The linked relations between each stakeholders and relative intensity are depicted. As the ties relations of incidence and relative impact on stakeholder behaviours are explained. The main implication of this proposition is to enable to deal with the subjective appraisal of the decision-maker to do a better interpretation of environment and subjectivity factors. Furthermore, it contributes to aid to the strategic planning and decision-making process for operative unit within uncertainty environment in the short-term.

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Author information

Authors and Affiliations

  1. Universidad Pedagógica y Tecnológica de Colombia, Av. Central del Norte 39-115, 150001, Tunja, Colombia

    Fabio Blanco-Mesa

  2. Universidad de Barcelona, Av. Diagonal, 690, 08034, Barcelona, Spain

    Fabio Blanco-Mesa & Anna M. Gil-Lafuente

Authors
  1. Fabio Blanco-Mesa
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  2. Anna M. Gil-Lafuente
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Corresponding author

Correspondence to Fabio Blanco-Mesa .

Editor information

Editors and Affiliations

  1. Department of Business, University of Barcelona, Barcelona, Spain

    Anna M. Gil-Lafuente

  2. Department of Management Control and Information Systems, University of Chile, Santiago, Chile

    José M. Merigó

  3. Department of Mathematics, University of Delhi, Delhi, India

    Bal Kishan Dass

  4. Department of Applied Sciences, Delhi Technical Campus, Greater Noida, Uttar Pradesh, India

    Rajkumar Verma

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Blanco-Mesa, F., Gil-Lafuente, A.M. (2018). A Methodological Approach for Analysing Stakeholder Dynamics in Decision-Making Process: An Application in Family Compensation Funds. In: Gil-Lafuente, A., Merigó, J., Dass, B., Verma, R. (eds) Applied Mathematics and Computational Intelligence. FIM 2015. Advances in Intelligent Systems and Computing, vol 730. Springer, Cham. https://doi.org/10.1007/978-3-319-75792-6_27

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  • DOI: https://doi.org/10.1007/978-3-319-75792-6_27

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-75791-9

  • Online ISBN: 978-3-319-75792-6

  • eBook Packages: EngineeringEngineering (R0)

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