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Application of grey theory approach to evaluation of organizational vision

Application of grey theory approach to evaluation of organizational vision Purpose – The purpose of the paper is to propose a quantitative approach for assessing the qualitative nature of organizational vision. Design/methodology/approach – The paper uses grey systems method to rank and evaluate the vision of five top‐ranked universities. Findings – It is shown in the literature that qualitative consideration of organizational vision can be quantified using a mathematical method. This method can be used as a decision‐making tool where the judgments of the decision maker are not exact. Originality/value – This study expresses the qualitative nature of organizational vision into a quantified shape. It does it through a mathematical method called “grey systems theory”. Moreover, it seems that the application of grey systems theory to the business context has rarely been examined. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Grey Systems: Theory and Application Emerald Publishing

Application of grey theory approach to evaluation of organizational vision

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Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
2043-9377
DOI
10.1108/20439371111106713
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of the paper is to propose a quantitative approach for assessing the qualitative nature of organizational vision. Design/methodology/approach – The paper uses grey systems method to rank and evaluate the vision of five top‐ranked universities. Findings – It is shown in the literature that qualitative consideration of organizational vision can be quantified using a mathematical method. This method can be used as a decision‐making tool where the judgments of the decision maker are not exact. Originality/value – This study expresses the qualitative nature of organizational vision into a quantified shape. It does it through a mathematical method called “grey systems theory”. Moreover, it seems that the application of grey systems theory to the business context has rarely been examined.

Journal

Grey Systems: Theory and ApplicationEmerald Publishing

Published: Jan 28, 2011

Keywords: Decision making; Systems theory; Universities; Strategic objectives

References