Papers by Aleksander Kacprzyk
J. Multiple Valued Log. Soft Comput., 2018
Intercriteria analysis is applied here to data retrieved from the World Economic Forum’s Global C... more Intercriteria analysis is applied here to data retrieved from the World Economic Forum’s Global Competitiveness Reports from 2013–2014 to 2017–2018 about the set of countries in the world, which stage of economic development is in the transition from efficiency-driven to innovation-driven. We analyse data in search of correlations between the twelve pillars of competitiveness across, we outline and comment the findings, comparing them with results from our previous research performed over the member states of the European Union. What is specific in the application of ICA here is that we work with a set of elements (countries), whose belongingness to the set depends on their performance according to the set of criteria, and the set of objects varies over the years, although there are some core countries that regularly appear in the set. This however gives rise to a discussion about the comparability of the ICA results, and sheds light on both the method and the analysed set of countr...
Journal of Automation, Mobile Robotics and Intelligent Systems, 2014
In the paper we are concerned with a structured approach to the process of design of an executive... more In the paper we are concerned with a structured approach to the process of design of an executive compensation system in a company which is one of most relevant issues in corporate economics that can have a huge impact on a company, with respect to finances, competitiveness, etc. More specifically, we present a novel application of Atanassov's concept of a Generalized Net (GN) which is a powerful tool for the representation and handling of dynamic discrete event problems and systems. First, to present the problem specifics, a broader Total Reward system is discussed together with the importance of proper structuring of the compensation system for executives to support company's goals, allowing attracting, motivating and retaining managers. The proposed compensation design model starts from incorporating a broad spectrum of benchmarks, expectations and constraints to those already incorporated in the early phase of the design of the executive compensation. In the design and testing phase a significant emphasis is placed on the flexibility and adjustability of the executive compensation package to external factors by testing, dynamically adjusting and stress testing the proposed compensation package already in the design phase. Then, we apply some elements of the theory of Generalized Nets (GNs) to construct the model of executive compensation design using the proposed approach.
A Novel Generalized Net Model of the Executive Compensation Design
Journal of Automation, Mobile Robotics and Intelligent Systems, 2014
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Papers by Aleksander Kacprzyk