scholarly journals INNOVATIVE MODELS OF RESTRUCTURING PROCESSES INFRASTRUCTURAL ENTERPRISES

2019 ◽  
pp. 19-28
Author(s):  
V. KISTION
Keyword(s):  
Strategic Management ◽  
Construction Industry ◽  
Financial Support ◽  
Optimal Number ◽  
Capital Investments ◽  
Conceptual Basis ◽  
Enterprise Restructuring ◽  
Construction Enterprises ◽  
Restructuring Process

Purpose. In the article substantiate the expediency of application of the restructuring process in a specialized infrastructure cluster of construction enterprises. Methodology. Taking into account all the specifics of the functioning of infrastructure enterprises and the fund-creating role of the construction industry, it is expedient to realization of the infrastructure scheme of the restructuring process. To solve the problem a scheme has been developed that includes the main stages of the restructuring process which correspond and correlate with the technological features of the functioning of infrastructure enterprises in the construction industry. The directions of restructuring determining the technological optimization functional of a particular enterprise or a group of certain region companies are determined. Findings. The analysis of the operational and strategic management of production, the way to develop and make organizational for decisions is preceded for the restructuring. It is also important to take into account the prospects for renewal and improvement of quality, which precedes for the modernization of production and changes in the structure of capital investments, the transformation of the management system. The new management structure should ensure the optimal number of production units, the hierarchy, the balance of the processes of renewal and maintaining the number of personnel. State financial support for restructuring should be make available only to those enterprises that really have the opportunity to provide financing for non-commercial or non-governmental sources. Originality. It was revealed that commercial enterprises, representing potentially profitable commercial projects, under no circumstances should be considered as objects of state support. Practical value. An infrastructure scheme of enterprise restructuring has been developed, which allows taking into account a number of basic conceptual basis of this process.

scholarly journals INNOVATIVE DIRECTIONS OF THE RESTRUCTURING PROCESS OF CONSTRUCTION ENTERPRISES OF INFRASTRUCTURAL TYPE

2017 ◽  
pp. 13-19
Author(s):  
V. E. KISTION
Keyword(s):  
Strategic Management ◽  
Construction Industry ◽  
Financial Support ◽  
Optimal Number ◽  
Capital Investments ◽  
Conceptual Basis ◽  
Enterprise Restructuring ◽  
Construction Enterprises ◽  
Restructuring Process

Purpose. In the article substantiate the expediency of application of the restructuring process in a specialized infrastructure cluster of construction enterprises. Methodology. Taking into account all the specifics of the functioning of infrastructure enterprises and the fund-creating role of the construction industry, it is expedient to realization of the infrastructure scheme of the restructuring process. To solve the problem a scheme has been developed that includes the main stages of the restructuring process which correspond and correlate with the technological features of the functioning of infrastructure enterprises in the construction industry. The directions of restructuring determining the technological optimization functional of a particular enterprise or a group of certain region companies are determined. Findings. The analysis of the operational and strategic management of production, the way to develop and make organizational for decisions is preceded for the restructuring. It is also important to take into account the prospects for renewal and improvement of quality, which precedes for the modernization of production and changes in the structure of capital investments, the transformation of the management system. The new management structure should ensure the optimal number of production units, the hierarchy, the balance of the processes of renewal and maintaining the number of personnel. State financial support for restructuring should be make available only to those enterprises that really have the opportunity to provide financing for non-commercial or non-governmental sources. Originality. It was revealed that commercial enterprises, representing potentially profitable commercial projects, under no circumstances should be considered as objects of state support. Practical value. An infrastructure scheme of enterprise restructuring has been developed, which allows taking into account a number of basic conceptual basis of this process.

Power, Action and Constraint in Strategic Management: Explaining Enterprise Restructuring in the Czech Republic

2004 ◽  
Vol 25 (4) ◽  
pp. 607-627 ◽  
Author(s):  
Ed Clark
Keyword(s):  
Strategic Management ◽  
Case Study Research ◽  
Active Role ◽  
Business Environment ◽  
Strategic Responses ◽  
Political Dimension ◽  
Enterprise Restructuring ◽  
Organization And Management ◽  
Management Power

One significant strand of organization and management theory has been the development of approaches that focus on the active role of management in formulating strategic responses, such as organizational restructuring, to the external business environment. Despite subscribing to the idea that ‘management matters’, however, influential theories have often ignored or minimized the role of human agency. This article examines the strategic management process by placing the interaction between management power and action at the heart of the empirical and theoretical enterprise. The theory construction process evolves inductively from case study research on the restructuring processes and outcomes in four large Czech enterprises. The empirical findings and theoretical arguments strongly support the importance of introducing a political dimension into a sensemaking framework as a fruitful way of progressing the theory of strategic management action.

scholarly journals ASSESSMENT OF IMPACT FACTORS AFFECTING ENTERPRISE PERFORMANCE IN THE UKRAINIAN BUILDING CONSTRUCTION SECTOR

2021 ◽  
Vol 2 (37) ◽  
pp. 142-150
Author(s):  
S. Demydenko ◽  
V. Demydenko
Keyword(s):  
Construction Industry ◽  
Capital Investment ◽  
Jel Classification ◽  
Impact Factors ◽  
Enterprise Performance ◽  
Capital Investments ◽  
Economic Market ◽  
Factors Affecting ◽  
Construction Enterprises ◽  
Investment Volume

Abstract. This research focuses on the current state of the Ukrainian construction industry. Part of the aim of the study is to evaluate progress in the construction economy through analysing both the GDP dynamics in the construction industry and overall country’s GDP. The authors prove that both Ukraine’s overall GDP and the GDP of the construction industry tended to increase in 2015—2017, however, the fluctuation observed in the share of construction industry in the GDP structure was insignificant. It has been determined that the construction industry performance is preconditioned by the country’s economic development and, on the other hand, they influence the development and potential of enterprises that belong to other industries. The study examines performance of the construction industry enterprises’ activities. Despite an increase in the economic indicators that have been observed over past few years, these activities are unprofitable. 2018 witnessed a decline in the index of construction products in general as well as of several their types. It has been established that the development of construction industry and its condition depend on various factors, the influence of which is a result of interaction between economic, market, technological, political and social processes. The volumes and structure of capital investments in construction have been estimated. The study has proved that investment volume is a significant external factor, through which the enterprises of the construction industry are financed. The economic factors and their influence on volumes of executed construction works have been investigated; the importance of considering the specific features of the industry while studying the degree of impact exercised by the factors, is justified. The directions in which the efficiency of the construction enterprises’ activities should expand are studied; besides, ways of overcoming major problems in the branch are described. Keywords: construction industry, capital investment, impact factors, enterprise performance, resources. JEL Classification L74, M41 Formulas: 0; fig.: 0; tabl.: 5; bibl.: 11.

scholarly journals FORMATION OF THE SYSTEM OF INVESTMENT INDICATORS IN THE FINANCIAL STATEMENTS OF CONSTRUCTION ENTERPRISES

2020 ◽  
Vol 288 (6) ◽  
pp. 17-19
Author(s):  
K. Honchar ◽  
◽  
O. Romanova ◽  
Keyword(s):  
Staff Development ◽  
Construction Industry ◽  
Financial Reporting ◽  
Financial Statements ◽  
Capital Investments ◽  
Construction Enterprises ◽  
Construction Companies ◽  
New Information ◽  
Potential Benefits ◽  
Sound Management

The economic situation of our state requires adequate decisions on the direction of investment processes to achieve a positive economic and social effect. Making sound management decisions is impossible in the case of distorted information about economic, including investment activities of the enterprise. Topical issues of information on investments in the reporting of construction companies were investigated The article presents the results of a study on the issue of disclosure in the reporting of construction companies of information on investments in scientific and practical publications of Ukraine for 2006-2020. As a result, we concluded that this issue remains unresolved and therefore is relevant. The purpose of this article was to systematize and summarize the results of research on accounting issues to disclose information about investments to improve the system of indicators of financial reporting on investment activities of economic entities in the construction industry. The article proposes to reflect the costs of staff development, modernization and implementation of new information systems in accounting and financial reporting as part of intangible assets under the following conditions: potential benefits, availability of control and the possibility of monetary measurement. Recommendations for improving the accounting and analytical support of management of construction companies with information about the volume of capital investments and sources of their financing are provided.

scholarly journals The concept of the system approach of the enterprise restructuring process

2019 ◽  
Vol 2 (4) ◽  
pp. 46-70 ◽  
Author(s):  
Henryk Dzwigol
Keyword(s):  
Knowledge Management ◽  
Strategic Management ◽  
System Approach ◽  
Corporate Restructuring ◽  
Management Model ◽  
Enterprise Restructuring ◽  
Knowledge Based ◽  
Restructuring Process

The article presents methodical requirements for the restructuring programme in the context of strategic management and the shaping of strategic forms. The author described the corporate restructuring model as a basis for transformations designed to achieve a knowledge-based organisation. The author attempted to address the following question: How should the knowledge management model be perceived in modern companies? Furthermore, the importance of organisational forms in the corporate restructuring process was underlined. The restructuring process should be carried out on the basis of specific restructuring objectives resulting from the scope of changes.

scholarly journals Рersonnel management of construction enterprises

2021 ◽  
pp. 197-210
Author(s):  
Alla Grechan ◽  
◽  
Bogdan Yatsenko ◽  
Volodymyr Petrovich ◽  
Olena Usychenko ◽  
...  
Keyword(s):  
Construction Industry ◽  
Personnel Management ◽  
Quantitative Relationship ◽  
Net Income ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Fixed Assets ◽  
Construction Works

In the thesis features of personnel management in the construction industry. The conceptual framework of the system of personnel management of the building, which is based on enhancing the role of staff, compared with traditional methods of management in the domestic construction companies. Easy to assess the quality of staff building company from a position of the enterprise, based on the factorial-target approach, which is to allocate the defining problems of structural units that must be solved to achieve this goal, identification and evaluation of relevant key features of staff. The quantitative relationship between the components of quality of construction personnel and construction of net income. Assessment of quality of staff positions offered to investors by the criterion of «cost of personnel», which is defined as net sales of construction works, reduced by the amount of material costs and depreciation of fixed assets of the organisation. The mechanism of stimulation of the construction workers, depending on the achieved level of quality of works. The complex of measures aimed at improving the «qualifying component» as staff of the construction industry.

scholarly journals Construction Development and Its Impact on the Construction Enterprises Financial Results

2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Olha Pavelko ◽  
Inna Lazaryshyna ◽  
Liudmyla Dukhnovska ◽  
Svitlana Sharova ◽  
Tetіana Oliіnyk ◽  
...  
Keyword(s):  
Significant Role ◽  
Cost Minimization ◽  
Residential Buildings ◽  
Residential Construction ◽  
Capital Investments ◽  
Engineering Structures ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Macroeconomic Environment

The article aims to monitor the construction development dynamics in Ukraine in recent years and substantiate its impact on the construction enterprises' financial results in general. The existing factors of development of construction in Ukraine are analyzed.  The following groups: political, raw, industrial, environmental, consumer, infrastructure and investment, macroeconomic, financial, social, and innovative are identified. The influence of the factors mentioned above on the financial results of construction enterprises activity and the generating factors - income and expenses- is revealed. It was established that construction has become more active in recent years, with the highest residential and non-residential construction rates and the engineering structures construction in 2016, which were observed in Kyiv. Each year, the largest capital investments are characterized by engineering structures, in contrast to residential and non-residential buildings. The maximization of income and cost minimization make for improving the efficiency of the management of construction enterprises, which represents their ultimate goal. The conducted research gives reasons to state the significant role of the country macroeconomic environment in the construction enterprises functioning and the purport of their financial results. Construction development directions in the present conditions, the methodology, and construction enterprise accounting organization are covered.

Knowledge creation in small building and construction firms

2013 ◽  
Vol 1 (1) ◽  
pp. 125-142 ◽  
Author(s):  
Susanne Durst ◽  
Ingi Runar Edvardsson ◽  
Guido Bruns
Keyword(s):  
Construction Industry ◽  
Knowledge Creation ◽  
Vital Role ◽  
Knowledge Sources ◽  
Structured Interviews ◽  
Construction Firms ◽  
External Knowledge ◽  
Body Of Knowledge ◽  
Small Building

Studies on knowledge creation are limited in general, and there is a particular shortage of research on the topic in small and medium-sized enterprises (SMEs). Given the importance of SMEs for the economy and the vital role of knowledge creation in innovation, this situation is unsatisfactory. Accordingly, the purpose of our study is to increase our understanding of how SMEs create new knowledge. Data are obtained through semi-structured interviews with ten managing directors of German SMEs operating in the building and construction industry. The findings demonstrate the influence of external knowledge sources on knowledge creation activities. Even though the managing directors take advantage of different external knowledge sources, they seem to put an emphasis on informed knowledge sources. The study´s findings advance the limited body of knowledge regarding knowledge creation in SMEs.

INTERACTION OF THE NATIONAL ECONOMY OF UKRAINE WITH INTERNATIONAL CREDIT AND FINANCIAL ORGANIZATIONS

2017 ◽  
Author(s):  
Serhii Voitko ◽  
◽  
Yuliia Borodinova ◽  
Keyword(s):  
Financial Institutions ◽  
National Economy ◽  
Financial Support ◽  
Global Economy ◽  
Financial Sector ◽  
Negative Consequences ◽  
International Financial Institutions ◽  
The Future ◽  
International Credit

The article examines the interaction of the national economy of Ukraine with international credit and financial organizations, evaluates the positive and negative consequences and identifies possible areas for further cooperation. The role of international credit and financial organizations in the development of the global economy is analyzed. Today, international financial institutions have taken a leading place among institutions that provide financial support and contribute to the implementation of necessary reforms aimed at developing enterprises in various sectors of the economy and strengthening the country's financial sector as a whole. The importance of cooperation between Ukraine and international financial institutions for the development of the country's economy has been determined. The problems and directions of development of cooperation with leading credit and financial organizations in modern conditions are identified. Despite the presence of certain shortcomings, cooperation between Ukraine and international credit and financial organizations will continue in the future.

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