IDEAS home Printed from https://ideas.repec.org/h/mgt/micp12/1067-1077.html
   My bibliography  Save this book chapter

Comparing Sense and Respond based Critical Factor Index Methods for Optimizing Operations Strategies

Author

Listed:
  • Hassan Nikookar

    (University of Vaasa, Finland)

  • Danial Sahebi

    (University of Vaasa, Finland)

  • JosuTakala

    (University of Vaasa, Finland)

Abstract

How to make improvements to adapt company’s operations strategies in a fast-changing environment are getting more important than before in all sort of companies. This article aims to enrich sense and respond (S&R) approach in dynamic and agile strategic adjustment via presenting new method called scaled critical factor index (SCFI) in comparison with older S&R approaches like critical factor index (CFI) and balanced critical factor index (BCFI). Besides, the practical examination in this paper displays the difference among them and the privilege of SCFI model. The results of analysis illustrate that the newest method contribute to the operations strategy improvement based on clear objectives in new business environment.

Suggested Citation

  • Hassan Nikookar & Danial Sahebi & JosuTakala, 2012. "Comparing Sense and Respond based Critical Factor Index Methods for Optimizing Operations Strategies," MIC 2012: Managing Transformation with Creativity; Proceedings of the 13th International Conference, Budapest, 22–24 November 2012 [Selected Papers],, University of Primorska, Faculty of Management Koper.
  • Handle: RePEc:mgt:micp12:1067-1077
    as

    Download full text from publisher

    File URL: http://www.fm-kp.si/zalozba/ISBN/978-961-266-201-1/papers/MIC4176.pdf
    File Function: full text in English
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgt:micp12:1067-1077. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alen Jezovnik (email available below). General contact details of provider: https://edirc.repec.org/data/fmkupsi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.