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Strategy Selection for Organizational Performance of Turkish Banking Sector With the Integrated Multi-Dimensional Decision-Making Approach

Strategy Selection for Organizational Performance of Turkish Banking Sector With the Integrated Multi-Dimensional Decision-Making Approach
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Author(s): Hasan Dinçer (İstanbul Medipol University, Turkey), Serhat Yüksel (İstanbul Medipol University, Turkey)and İpek Tamara Çetiner (İstanbul Medipol University, Turkey)
Copyright: 2019
Pages: 19
Source title: Handbook of Research on Contemporary Approaches in Management and Organizational Strategy
Source Author(s)/Editor(s): Çağlar Doğru (Ufuk University, Turkey)
DOI: 10.4018/978-1-5225-6301-3.ch014

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Abstract

The aim of this chapter is to determine the best strategy for Turkish deposit banks and rank these banks according to the performance regarding strategy development. Within this scope, four different dimensions and 12 different criteria are selected based on balanced scorecard approach and a modified multi-criteria decision-making model is implemented. By using fuzzy DEMATEL approach, it is determined that the criterion of customer expectation has the highest importance. With the help of fuzzy TOPSIS method, it is also concluded that private and foreign banks are more successful than state banks. Thus, it is recommended that Turkish deposit banks should create their strategies based on customer expectations. Within this framework, the banks firstly conduct a survey for their customers to understand their expectations.

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