Leveraging machine learning for augmenting organizational effectiveness: Analytic hiearchy process framework

Analytic Hierarchy Process (AHP) is a unique tool which can help in improvising the usage of machine learning in attaining organizational effectiveness. True, machine learning has emerged as one of the most important tools in enhancing organizational effectiveness through improved strategic decision-making vis-à-vis key performance indicators. It has redefined the way companies can create, and measure value added, and experiences generated for the end users of their products, services, and other offerings. Machine learning algorithms are being leveraged for making more predictive and prescriptive key performance indicators which ultimately contribute towards optimizations of business processes and overall improvement in the competitiveness of the organizations. It also helps the organizations in attaining excellence in execution of strategic decisions through almost accurate predictive insights on various management functions related to HR, marketing, finance, and operations which in turn boost stakeholder satisfaction. In this study, the authors have developed an analytic hierarchy process framework based on review of 166 peer-reviewed research papers to determine how the organizations can priorities management functions and their attributes coupled with machine learning applications for higher levels of efficiencies. Insights from this article may help the practicing managers in prioritizing use of machine learning in management functions for optimizing results and improving overall organizational effectiveness.

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Publication Details

Journal
Model Assisted Statistics and Applications
Published
2024-10-18
DOI
https://doi.org/10.3233/mas-241934
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

Leveraging machine learning for augmenting organizational effectiveness: Analytic hiearchy process framework

Shweta Jha, Monika Arora, Srirang Jha
Model Assisted Statistics and Applications
Big Data and Business Intelligence
article

Leveraging machine learning for augmenting organizational effectiveness: Analytic hiearchy process framework

Shweta Jha, Monika Arora, Srirang Jha
article en

Abstract

Analytic Hierarchy Process (AHP) is a unique tool which can help in improvising the usage of machine learning in attaining organizational effectiveness. True, machine learning has emerged as one of the most important tools in enhancing organizational effectiveness through improved strategic decision-making vis-à-vis key performance indicators. It has redefined the way companies can create, and measure value added, and experiences generated for the end users of their products, services, and other offerings. Machine learning algorithms are being leveraged for making more predictive and prescriptive key performance indicators which ultimately contribute towards optimizations of business processes and overall improvement in the competitiveness of the organizations. It also helps the organizations in attaining excellence in execution of strategic decisions through almost accurate predictive insights on various management functions related to HR, marketing, finance, and operations which in turn boost stakeholder satisfaction. In this study, the authors have developed an analytic hierarchy process framework based on review of 166 peer-reviewed research papers to determine how the organizations can priorities management functions and their attributes coupled with machine learning applications for higher levels of efficiencies. Insights from this article may help the practicing managers in prioritizing use of machine learning in management functions for optimizing results and improving overall organizational effectiveness.

Model Assisted Statistics and ApplicationsVol. 19(3)
Fore School of Management (IN)
Peace, Justice and strong institutions
Openalex Percentile: Top 69%
Big Data and Business Intelligence
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