Smart Tools for Tracing Organizational Competitive Behavior on Fast Decision Making

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.