Title: Exploiting Fuzzy Cognitive Maps in Resiliency related Management Decisions
Publisher: ASERS Publishing House
Publication Year: 2011
JRC N°: JRC66417
ISBN: 978-606-923486-5-3
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC66417
Type: Articles in periodicals and books
Abstract: Operational resilience refers to the ability of an organization and its management to prevent disruptions from occurring as well as the aptitude to react quickly to and recover from a disruption of primary business and relative processes. Such scenarios pertain to human-centric collaborative commerce systems. The playing field thus encompasses complex socio-technical-economical systems, risk-crisis management and expert judgments in multi-actor and multi-criteria fuzzy decision making circumstances. Fuzzy cognitive mapping lends itself particularly well to these circumstances and has already been successfully investigated in a wide range of applications, from ecological system modeling to knowledge processing. Operational resilience and business continuity management are a further two ideal applications for FCMs (Fuzzy Cognitive Maps) and are proposed and discussed in detail in this Chapter.
JRC Directorate:Space, Security and Migration

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