Constructing a knowledge‐based system to aid scenario‐based strategic planning: an application to the European airline industry | Zendy

Davies Fiona | Zendy; Moutinho Luiz | Zendy; Hutcheson Graeme | Zendy

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Constructing a knowledge‐based system to aid scenario‐based strategic planning: an application to the European airline industry

Author(s) -

Davies Fiona,

Moutinho Luiz,

Hutcheson Graeme

Publication year - 2005

Publication title -

intelligent systems in accounting, finance and management

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.846

H-Index - 11

eISSN - 2160-0074

pISSN - 1550-1949

DOI - 10.1002/isaf.257

Subject(s) - strategic planning , strategic thinking , context (archaeology) , key (lock) , scenario planning , process (computing) , process management , computer science , expert system , knowledge management , management science , business , engineering , marketing , artificial intelligence , paleontology , computer security , biology , operating system

Abstract This paper explores the use of scenario planning and the design of a knowledge‐based system in strategic decision making, in the context of the European airline industry. Several innovative strategies were derived, as well as other key recommendations based on sound strategic reasoning, and participants testified to the effectiveness of the approach in stretching their thinking. The requirement to draft strategies as expert system rules, with reasons, was useful in clarifying thinking and achieving group consensus. This methodology, therefore, aids effectiveness of the scenario planning process itself, while providing a dynamic, accessible means of storing the resulting strategic thinking. Copyright © 2005 John Wiley & Sons, Ltd.

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