Controlling in the management of a regional power grid company

The tasks of improving the methods and tools of strategic enterprise management determine the relevance of including the controlling mechanism in the process of managing the enterprise's activities. The purpose of the paper is to substantiate the need to use controlling in the process of strategic enterprise management. The authors use general logical methods and research techniques: a systematic approach, generalization, analysis and synthesis. The paper notes the plurality of views of management theorists and practitioners about the essence of controlling and discrepancies in its functional purpose, which entail the problems of organizing and effectively using the controlling mechanism in enterprise management. In this regard, the authors emphasize the view of controlling as a function of strategic management, systematize the list of implemented controlling tasks and factors that predetermine them, indicate the special role and place of controlling as a kind of tool in the analytical mechanism of self-assessment of the effectiveness of the goal-setting and goal-implementing function of enterprise management, the action of which (i.e. tool) is possible with an adjusted feedback model in the control loop. The prerequisites have been identified and a model for the consistent development of controlling in enterprise management has been tested in relation to the object of research - the regional power grid company PJSC “IDGC of North-West”. The result of the first stage of mastering the controlling functionality is the ability to partially relieve the top management of the company from operational and technical issues in favor of preparing and implementing management decisions of a strategic focus and content. The spectrum of orientation of the controlling functional in the management of PJSC “IDGC of North-West” towards achieving tactical and strategic goals for the long-term existence and development of the company is shown. Prospects for further research into the problem of organizing effective controlling are in the development of methodological support for the process of integrating information flows using digital technologies. Scientific novelty lies in the presentation of controlling as a management function that ensures the company’s activities in accordance with plans in the interests of achieving established goals.

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The essence and features of the competency-based approach to strategic enterprise management

Development Management ◽

10.21511/dm.18(4).2020.04 ◽

2021 ◽

Vol 18 (4) ◽

pp. 30-40

Author(s):

Inna Gruzina

Keyword(s):

Strategic Management ◽

Professional Competence ◽

Personal Characteristics ◽

Strategic Decision ◽

Enterprise Management ◽

Strategic Decisions ◽

Strategic Factor ◽

Analysis And Synthesis ◽

Strategic Goals ◽

Competency Based

Increasing the role of an employee as a determining factor in the economic growth of an enterprise makes managers change the philosophy of management, directing it towards the realization of employees’ unique abilities. The effective implementation of the strategic direction of action depends on the knowledge, skills and personal characteristics of specialists, i.e. competencies that are a source of competitive advantage and a strategic factor in the enterprise development. In this regard, it is necessary to study the competency-based approach features in order to identify the opportunities for application in the strategic management of an enterprise. The purpose of the study is to clarify the essence of the competency-based approach and substantiate the need for its application in strategic management. The object of the study is the process of strategic enterprise management. The following methods were used: abstract-logical, analysis and synthesis – to clarify the essence of the competency-based approach; formation of conclusions; and graphical technique – to visualize the results. The views on the essence of the competency-based approach are analyzed and the lack of research on its importance for ensuring effective strategic management at different levels is noted. Taking into account the transformation of the essence of strategic enterprise management and the significant dependence of its effectiveness on professional competence of strategic decision developers and executors of their decisions, the essence of the competence-based approach is specified. It provides for the involvement of specialists with the necessary knowledge, skills, ability to objectively perceive information, use experience and intuition in determining promising areas of action, and take responsibility for decisions to achieve strategic goals for the implementation of the stages of strategic analysis and strategic selection. This will allow managers to involve employees in the process of making strategic decisions, focusing not only on their job positions, but primarily on the availability of a set of competencies necessary for strategic management and the appropriate level of their manifestation in professional behavior. A likely result can be a reduction in the time for the implementation of the relevant stages of strategic management and an increase in the likelihood of achieving strategic goals due to a correctly chosen strategy of future actions.

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