Analytic Hierarchy Process and Business Value Creation

Author:

Bhambri Pankaj1ORCID,Kautish Sandeep Kumar2

Affiliation:

1. Guru Nanak Dev Engineering College, Ludhiana, India

2. Chandigarh University, Mohali, India

Abstract

This chapter examines the tactical application of the analytic hierarchy process (AHP) as an instrument for decision-making to enhance business value and achieve a competitive advantage. The chapter navigates through the theoretical foundations of AHP and its practical implementation, providing readers with a comprehensive understanding of how this methodology can be effectively employed in various business scenarios. Furthermore, the chapter examines real-world case studies and practical examples, showcasing instances where organizations have successfully utilized AHP to prioritize strategic objectives, allocate resources, and optimize decision-making processes. By elucidating the strategic significance of AHP in business value creation, the chapter contributes valuable insights for both academics and practitioners seeking innovative approaches to strategic analytics.

Publisher

IGI Global

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