Development of a fuzzy-dynamic model for developing robust services design strategy under uncertainty (Case study: Banking services)

Document Type : Research Paper

Authors

1 Ph.D. Graduate, Department of Industrial Management, Faculty of Management and Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran.

2 Faculty Member, Department of Industrial Management, Faculty of Management and Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran.

3 Faculty Member, Department of Industrial Management, Faculty of Management, West Tehran Branch, Islamic Azad University, Tehran, Iran.

Abstract

Rapid changes in technology have affected customer expectations. The environment is volatile. The main problem of organizations is to formulate a strategy that can maximize the customers’satisfaction in various future scenarios through optimal resource management. The purpose of this study is to provide a model for developing a robust strategy for designing banking services in conditions of uncertainty. The paper selects one of the Iranian banks as its case study. By implementing a mixed research methodology, first, it identified the reduction of the number of branches and the upgrading of the infrastructure as two robust strategies and then, it pinpoints the goals and constraints by mathematical modeling. In the conclusion, the optimal amount of branches and budget are determined.

Keywords

References

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Journal of Technology Development Management
Volume 9, Issue 3
December 2021
Pages 37-71

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History

  • Receive Date: 21 December 2020
  • Revise Date: 01 November 2021
  • Accept Date: 06 December 2021

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