Simulation of Causal Relations of Stakeholder Management System by Using Fuzzy Cognitive Map Approach - A Comparison of Hungarian and Lithuanian Attitudes

András Torma, Miklós F. Hatwágner, Dalia Susniene, Daiva Žostautiene, L. Kóczy

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Citations (Scopus)

Abstract

Stakeholder Relationship Management Systems (SRMS) describe the general behavior of stakeholder relations at organizations. Knowing the interactions between the drivers of the SRMS helps to improve the efficiency of the whole system. This paper investigates the applicability of Fuzzy Cognitive Maps (FCM) to simulate the system dynamics and the causal connections within it. Previous investigations showed that FCM is a proper tool to analyze these relations and with the help of that the business management process and decision making in projects can be supported. The aim of this paper is to present the results of current simulations made with the help of FCM at Lithuanian and Hungarian organizations and to explain the causes of the identified differences. Beside that the paper investigates the influences of the modification of the threshold function's parameter on the final factor states.

Original languageEnglish
Title of host publicationProcedia Computer Science
PublisherElsevier
Pages880-890
Number of pages11
Volume65
DOIs
Publication statusPublished - 2015
EventInternational Conference on Communications, Management, and Information Technology, ICCMIT 2015 - Prague, Czech Republic
Duration: Apr 20 2015Apr 22 2015

Other

OtherInternational Conference on Communications, Management, and Information Technology, ICCMIT 2015
CountryCzech Republic
CityPrague
Period4/20/154/22/15

Fingerprint

Dynamical systems
Decision making
Industry

Keywords

  • Corporate Social Responsibility
  • Fuzzy Cognitive Maps
  • Stakeholder Relationship Management System
  • threshold function

ASJC Scopus subject areas

  • Computer Science(all)

Cite this

Simulation of Causal Relations of Stakeholder Management System by Using Fuzzy Cognitive Map Approach - A Comparison of Hungarian and Lithuanian Attitudes. / Torma, András; Hatwágner, Miklós F.; Susniene, Dalia; Žostautiene, Daiva; Kóczy, L.

Procedia Computer Science. Vol. 65 Elsevier, 2015. p. 880-890.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Torma, A, Hatwágner, MF, Susniene, D, Žostautiene, D & Kóczy, L 2015, Simulation of Causal Relations of Stakeholder Management System by Using Fuzzy Cognitive Map Approach - A Comparison of Hungarian and Lithuanian Attitudes. in Procedia Computer Science. vol. 65, Elsevier, pp. 880-890, International Conference on Communications, Management, and Information Technology, ICCMIT 2015, Prague, Czech Republic, 4/20/15. https://doi.org/10.1016/j.procs.2015.09.047
Torma, András ; Hatwágner, Miklós F. ; Susniene, Dalia ; Žostautiene, Daiva ; Kóczy, L. / Simulation of Causal Relations of Stakeholder Management System by Using Fuzzy Cognitive Map Approach - A Comparison of Hungarian and Lithuanian Attitudes. Procedia Computer Science. Vol. 65 Elsevier, 2015. pp. 880-890
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