IDEAS home Printed from https://ideas.repec.org/a/ids/ijbexc/v7y2014i3p281-348.html
   My bibliography  Save this article

Modifications in interpretive structural modelling methodology to enhance its applicability in group decision process and power of discrimination

Author

Listed:
  • Dhananjay A. Jolhe
  • A. Subash Babu

Abstract

Decision making plays a prominent role in the personal and professional life of every human being. Though some of the decision problems can be modelled easily using appropriate mathematical tools, systematic structural modelling is required for complex problems due to cognitive limit of human being. Structural modelling has acquired immense importance in modelling the mental models. Interpretive structural modelling (ISM) is a widely used structural modelling technique to establish hierarchical relationships within a set of elements based on the information obtained through group exercise or otherwise. Since its inception in 1974, ISM has been applied in numerous fields of study. However, like any other method necessitating human involvement and judgment to a significant level, ISM is also found suffering from certain drawbacks. These limitations surface to a greater degree when ISM is used involving a group of analysts who are familiar with the problem at hand. In the present paper, these limitations are highlighted along with their deleterious effects and also improvements are suggested to overcome these limitations. The applicability of these improvements is demonstrated with the help of a real life case study.

Suggested Citation

  • Dhananjay A. Jolhe & A. Subash Babu, 2014. "Modifications in interpretive structural modelling methodology to enhance its applicability in group decision process and power of discrimination," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 7(3), pages 281-348.
    • Handle: RePEc:ids:ijbexc:v:7:y:2014:i:3:p:281-348
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=60779
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:ids:ijbexc:v:7:y:2014:i:3:p:281-348. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=291 .

    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.