An Integrated Model for Prioritizing Strategies of the Iranian Mining Sector
An Integrated Model for Prioritizing Strategies of the Iranian Mining Sector

Summary/Abstract: Mining is one of the most important sectors in most countries. It produces raw material for other sectors such as industry, agriculture, etc. So, determining and prioritizing the mining strategies are critical to development plans in countries. Miscellaneous types of tools are presented for determining and evaluating of operational strategies. Analyzing the internal and external environments using strengths, weaknesses, opportunities, and threats (SWOT) helps to determine the current situation and to identify major prospects and challenges that could significantly impact strategy implementation in mining sector. On the other hand, Balanced Scorecard (BSC) is a management system that helps organizations at dealing with today's pace of business and enables business managers to make better decisions. Fuzzy multi criteria decision making (FMCDM) techniques are appropriate tools to prioritize under sophisticated environmental. Fuzzy analytical hierarchy process (FAHP) and Fuzzy Technique for Order Preference by Similarity to Ideal Solution (FTOPSIS) are two hands of FMCDM methods that are used in different researches. In this paper, an integrated model for prioritizing the strategies of Iranian mining sector is proposed. The SWOT analysis employed to assign enforceable strategies; then, the BSC parameters were used as criteria in order to rank the strategies. The weight of criteria (the BSC parameters) and the priority of alternatives (generated strategies by SWOT) were earned by FAHP and FTOPSIS respectively. The results show that improving the ability of exploitation and production outperforms other strategies.

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