Strategic Management (Jan 2022)

Implementation of a SWOT-AHP methodology for strategic development of a district heating plant in fuzzy environment

  • Veličkovska Ivana

DOI
https://doi.org/10.5937/StraMan2110001V
Journal volume & issue
Vol. 27, no. 1
pp. 43 – 56

Abstract

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In this paper, SWOT analysis and fuzzy Analytic Hierarchy Process (FAHP) have been employed to structure and determine the importance of all identified alternatives for developing strategic management in a local district heating plant in Serbia. Weaknesses are identified as drivers of technological slowdown in the plant. The outcome of the prioritization highlights the importance of solving challenges regarding weaknesses by relying on a variety of opportunities that emerge in the environment. The potential of restoring the equipment of the district heating plant is found to be the most important alternative for strategic development.

Keywords