Designing a Strategic Planning Tool Applying Artificial Neural Network Theory

Revista International Administración & Finanzas, Vol. 4, No. 4, pp. 31-44, 2011

14 Pages Posted: 6 Jan 2012

See all articles by Aracely Madrid

Aracely Madrid

ITESM Campus Chihuahua

Adrián Chaparro

Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) - Campus Chihuahua

Raime Bustos

Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) - Campus Chihuahua

Antonio Rios

affiliation not provided to SSRN

Date Written: 2011

Abstract

In this study, a model for strategic planning based on artificial neural networks is presented. This proposed artificial neural network model goes beyond projections and statistical analysis. Based, on an algorithm, the proposed model offers strategy optimization and assists management in building a competitive advantage. The presented model is flexible, adaptive, fault tolerant, robust, and has learning capability.

Keywords: Strategic planning, DSS, artificial neural networks

JEL Classification: C45, M10, M15

Suggested Citation

Madrid, Aracely and Chaparro, Adrián and Bustos, Raime and Rios, Antonio, Designing a Strategic Planning Tool Applying Artificial Neural Network Theory (2011). Revista International Administración & Finanzas, Vol. 4, No. 4, pp. 31-44, 2011, Available at SSRN: https://ssrn.com/abstract=1952137

Aracely Madrid (Contact Author)

ITESM Campus Chihuahua ( email )

Chihuahua
Mexico

Adrián Chaparro

Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) - Campus Chihuahua ( email )

Chihuahua
Mexico

Raime Bustos

Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) - Campus Chihuahua ( email )

Chihuahua
Mexico

Antonio Rios

affiliation not provided to SSRN ( email )

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