An application of the AHP to bank strategic planning: the mergers and acquisitions process
Strategic planning is one of the most complex and ill-structured tasks faced by banks. It usually requires adopting a course of action from a large set of alternatives with uncertain long-term outcomes that depend, to a large extent, on unknown and turbulent environments. The Analytic Hierarchy Proc...
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| Veröffentlicht in: | European journal of operational research 1990-09, Vol.48 (1), p.27-37 |
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| container_title | European journal of operational research |
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| creator | ARBEL, A ORGLER, Y. E |
| description | Strategic planning is one of the most complex and ill-structured tasks faced by banks. It usually requires adopting a course of action from a large set of alternatives with uncertain long-term outcomes that depend, to a large extent, on unknown and turbulent environments. The Analytic Hierarchy Process (AHP) methodology was applied to the evaluation of bank mergers and acquisitions (M&A) strategy. The model developed was tested with the assistance of the board of directors of a billion-dollar bank holding company. It is safe to assume that the AHP methodology can be applied to other complex and ill-defined strategic issues faced by other banking institutions. Compared with existing techniques and with qualitative managerial judgment, the AHP provides a useful, simple, and powerful tool for dealing with strategic planning in banking. |
| doi_str_mv | 10.1016/0377-2217(90)90058-J |
| format | Article |
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Compared with existing techniques and with qualitative managerial judgment, the AHP provides a useful, simple, and powerful tool for dealing with strategic planning in banking.</description><subject>Acquisitions & mergers</subject><subject>Applied sciences</subject><subject>Bank management</subject><subject>Banking</subject><subject>Decision making</subject><subject>Decision theory</subject><subject>Exact sciences and technology</subject><subject>Hierarchies</subject><subject>Operational research and scientific management</subject><subject>Operational research. Management science</subject><subject>Operations research</subject><subject>Portfolio theory</subject><subject>Statistical analysis</subject><subject>Strategic planning</subject><subject>Studies</subject><issn>0377-2217</issn><issn>1872-6860</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1990</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNpdUE1rGzEUFKWBumn_QQ-ilNIetnnS6mt7M6GNEwLpIadehKxIjty1dqO3DuTfRxsHHyoYPYFm5g1DyCcGPxgwdQat1g3nTH_r4HsHIE1z9YYsmNG8UUbBW7I4Ut6R94hbAGCSyQX5u8zUjWOfvJvSkOkQ6XQf6HL1h04DXbv8j-JU3BQ2ydOxdzmnvPn5wtmFsgkFqct31PmHfcI0WyAdy-AD4gdyEl2P4ePrPCW3v3_dnq-a65uLy_PldeMFsKkxUWlplIymW2tjIpdSCFASPGgn64gMhHaKx6j9HfOtZ93aeVP_guHr9pR8PdjWtQ_7gJPdJfShr1nDsEfLpTZSyLYSP_9H3A77kms0y0EwxiSHShIHki8DYgnRjiXtXHmyDOxctp2btHOTtgP7Ura9qrLVQVbCGPxRE-rZDiWgfbStE6ZeTxWsq9LWpflZMVZwbVtt76ddtfryGtOhd30sLvuER0vRKdFJ1T4DI6SWjw</recordid><startdate>19900905</startdate><enddate>19900905</enddate><creator>ARBEL, A</creator><creator>ORGLER, Y. 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E</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c401t-8f675865f89b788f255440650c07a550cf1047a62ff7cd1c3c19bac8a55e82b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1990</creationdate><topic>Acquisitions & mergers</topic><topic>Applied sciences</topic><topic>Bank management</topic><topic>Banking</topic><topic>Decision making</topic><topic>Decision theory</topic><topic>Exact sciences and technology</topic><topic>Hierarchies</topic><topic>Operational research and scientific management</topic><topic>Operational research. Management science</topic><topic>Operations research</topic><topic>Portfolio theory</topic><topic>Statistical analysis</topic><topic>Strategic planning</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>ARBEL, A</creatorcontrib><creatorcontrib>ORGLER, Y. 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E</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>An application of the AHP to bank strategic planning: the mergers and acquisitions process</atitle><jtitle>European journal of operational research</jtitle><date>1990-09-05</date><risdate>1990</risdate><volume>48</volume><issue>1</issue><spage>27</spage><epage>37</epage><pages>27-37</pages><issn>0377-2217</issn><eissn>1872-6860</eissn><coden>EJORDT</coden><abstract>Strategic planning is one of the most complex and ill-structured tasks faced by banks. It usually requires adopting a course of action from a large set of alternatives with uncertain long-term outcomes that depend, to a large extent, on unknown and turbulent environments. The Analytic Hierarchy Process (AHP) methodology was applied to the evaluation of bank mergers and acquisitions (M&A) strategy. The model developed was tested with the assistance of the board of directors of a billion-dollar bank holding company. It is safe to assume that the AHP methodology can be applied to other complex and ill-defined strategic issues faced by other banking institutions. Compared with existing techniques and with qualitative managerial judgment, the AHP provides a useful, simple, and powerful tool for dealing with strategic planning in banking.</abstract><cop>Amsterdam</cop><pub>Elsevier</pub><doi>10.1016/0377-2217(90)90058-J</doi><tpages>11</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0377-2217 |
| ispartof | European journal of operational research, 1990-09, Vol.48 (1), p.27-37 |
| issn | 0377-2217 1872-6860 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_25785453 |
| source | RePEc; ScienceDirect Journals (5 years ago - present) |
| subjects | Acquisitions & mergers Applied sciences Bank management Banking Decision making Decision theory Exact sciences and technology Hierarchies Operational research and scientific management Operational research. Management science Operations research Portfolio theory Statistical analysis Strategic planning Studies |
| title | An application of the AHP to bank strategic planning: the mergers and acquisitions process |
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