Evaluation of critical success factors in decision-making for achieving business success in consulting firms
Decision-making in consulting firms is a crucial process that has impacted their competitiveness in a dynamic environment. These organizations must adapt to the growing demand for specialized services and confront various operational challenges. Therefore, this study has focused on analyzing the key...
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Format: | Article |
Language: | English |
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Ayandegan Institute of Higher Education,
2024-11-01
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Series: | Journal of Fuzzy Extension and Applications |
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Online Access: | https://www.journal-fea.com/article_210768_9a10a21d9203262113fc228a43d1ed83.pdf |
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author | Vladimir Vega Falcón Ariel Romero Fernández Raúl Comas Rodríguez |
author_facet | Vladimir Vega Falcón Ariel Romero Fernández Raúl Comas Rodríguez |
author_sort | Vladimir Vega Falcón |
collection | DOAJ |
description | Decision-making in consulting firms is a crucial process that has impacted their competitiveness in a dynamic environment. These organizations must adapt to the growing demand for specialized services and confront various operational challenges. Therefore, this study has focused on analyzing the key factors that affect decision-making in achieving business success by maximizing resources and competitiveness at CONAS, a Cuban consulting firm. Using the neutrosophic VIKOR method as a multicriteria tool, 11 key factors were evaluated to establish causal relationships among the variables. The results revealed that competent personnel, international recognition, and effective management are determinants for enhancing the adaptation and prosperity of consulting firms. In conclusion, understanding and applying these factors facilitate organizational success by optimizing resources and improving competitiveness. Furthermore, it is suggested to investigate how digital transformation and sustainability influence decision-making, as well as to conduct comparative studies with other consulting firms in the region. |
format | Article |
id | doaj-art-144480c5df4e425c93c920b4a223a199 |
institution | Kabale University |
issn | 2783-1442 2717-3453 |
language | English |
publishDate | 2024-11-01 |
publisher | Ayandegan Institute of Higher Education, |
record_format | Article |
series | Journal of Fuzzy Extension and Applications |
spelling | doaj-art-144480c5df4e425c93c920b4a223a1992025-01-30T15:07:24ZengAyandegan Institute of Higher Education,Journal of Fuzzy Extension and Applications2783-14422717-34532024-11-015Special Issue11212510.22105/jfea.2024.468206.1550210768Evaluation of critical success factors in decision-making for achieving business success in consulting firmsVladimir Vega Falcón0Ariel Romero Fernández1Raúl Comas Rodríguez2Regional Autonomous University of the Andes, Ambato, Ecuador.Regional Autonomous University of the Andes, Ambato, Ecuador.Regional Autonomous University of the Andes, Ambato, Ecuador.Decision-making in consulting firms is a crucial process that has impacted their competitiveness in a dynamic environment. These organizations must adapt to the growing demand for specialized services and confront various operational challenges. Therefore, this study has focused on analyzing the key factors that affect decision-making in achieving business success by maximizing resources and competitiveness at CONAS, a Cuban consulting firm. Using the neutrosophic VIKOR method as a multicriteria tool, 11 key factors were evaluated to establish causal relationships among the variables. The results revealed that competent personnel, international recognition, and effective management are determinants for enhancing the adaptation and prosperity of consulting firms. In conclusion, understanding and applying these factors facilitate organizational success by optimizing resources and improving competitiveness. Furthermore, it is suggested to investigate how digital transformation and sustainability influence decision-making, as well as to conduct comparative studies with other consulting firms in the region.https://www.journal-fea.com/article_210768_9a10a21d9203262113fc228a43d1ed83.pdfcritical success factorsbusiness strategytreesoft groupneutrosophic sets |
spellingShingle | Vladimir Vega Falcón Ariel Romero Fernández Raúl Comas Rodríguez Evaluation of critical success factors in decision-making for achieving business success in consulting firms Journal of Fuzzy Extension and Applications critical success factors business strategy treesoft group neutrosophic sets |
title | Evaluation of critical success factors in decision-making for achieving business success in consulting firms |
title_full | Evaluation of critical success factors in decision-making for achieving business success in consulting firms |
title_fullStr | Evaluation of critical success factors in decision-making for achieving business success in consulting firms |
title_full_unstemmed | Evaluation of critical success factors in decision-making for achieving business success in consulting firms |
title_short | Evaluation of critical success factors in decision-making for achieving business success in consulting firms |
title_sort | evaluation of critical success factors in decision making for achieving business success in consulting firms |
topic | critical success factors business strategy treesoft group neutrosophic sets |
url | https://www.journal-fea.com/article_210768_9a10a21d9203262113fc228a43d1ed83.pdf |
work_keys_str_mv | AT vladimirvegafalcon evaluationofcriticalsuccessfactorsindecisionmakingforachievingbusinesssuccessinconsultingfirms AT arielromerofernandez evaluationofcriticalsuccessfactorsindecisionmakingforachievingbusinesssuccessinconsultingfirms AT raulcomasrodriguez evaluationofcriticalsuccessfactorsindecisionmakingforachievingbusinesssuccessinconsultingfirms |