scholarly journals Software product in the system of management of state-owned corporation

2021 ◽  
Vol 14 (3) ◽  
pp. 309-316
Author(s):  
O. V. Danilova ◽  
D. N. Zhuravleva
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Decision Making Process ◽  
Conceptual Basis ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Software Complex ◽  
Managerial Decisions ◽  
Software Product ◽  
Big Data Technologies

The authors present their methodological recommendations for choosing a software complex to make managerial decisions within a corporation’s activity. They study the system of management in state-owned corporations and give reasons for its improvement by means of implementing IT-decisions. Digitalization is transforming managerial decision making process in corporations in accordance with the speed of decision-making, timely maintenance of production process, ways and forms of information transmission. The authors prove that top-management’s responsibility for a company’s competitive positions in the market is growing fast due to the more intensive implementation of information technology and continuous development of innovative decisions. As state-owned enterprises have a complicated interdependent structure, the system of their management becomes a process which should conform with conceptual basis and principles of transformation of a company’s activity within digital economics. The authors prove that suggested recommendations for using big data technologies, determining and implementing IT-decisions make it possible to increase the efficiency of the management system by means of optimizing business process.

STRATEGIC PLANNING OF FUTURE PRODUCTS WITH PRODUCT SCENARIOS

2010 ◽  
Vol 07 (03) ◽  
pp. 237-246 ◽  
Author(s):  
VOLKER GRIENITZ ◽  
VOLKER BLUME
Keyword(s):  
Decision Making ◽  
Strategic Planning ◽  
Evolutionary Algorithms ◽  
Holistic Approach ◽  
Decision Making Process ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Manufacturing Resources ◽  
Technology Strategies ◽  
Innovation Processes

Manufacturing based corporations often find themselves confronted with complexities of increased pressures to innovate in order to ensure their comparative market positions. In order to react to various exogenous changes corporations need to develop strategies that match their manufacturing resources as well as products with the markets requirements. Product scenarios represent a holistic approach for managing innovation processes and technologies efficiently. The analysis through evolutionary algorithms for compatibility between and amongst the product structure segments provides the necessary information about their suitability. The resulting scenarios, roadmaps and regular monitoring processes are prerequisite for the managerial decision making process and the implementation of product and technology strategies.

scholarly journals Strategies for making management decisions in information and analytical activity

2021 ◽  
pp. 26-30
Author(s):  
Olha Danylyuk ◽  
Lyudmyla Petryshyn
Keyword(s):  
Decision Making ◽  
Management System ◽  
Management Decisions ◽  
Managerial Decision ◽  
Significant Information ◽  
Managerial Decision Making ◽  
Managerial Decisions ◽  
Regional Management ◽  
Analytical Research ◽  
Principles Of Design

The aim of the study is to substantiate and analyze the strategy of managerial decision-making in information and analytical activities, to specify the main aspects of analytics for decision-making.Strategies for making managerial decisions in information and analytical activities are substantiated. The relevance of the use of information-analytical research is determined. The main aspects of analytics for decision making are analyzed, as well as the ranging of classes according to the degree of intelligence and complexity of tasks is taken into account. The peculiarities of completeness and reliability of information for information-analytical research are revealed. It is determined, that information analytics is a component of management.The regional management analytics is analyzed, as a result of which it is proposed the scheme of regional management with the use of information and analytical support is offered. The basic principles of design are offered. It is proved, that the management system requires modern analytical support, performed according to the requirements of science, the latest methodologies, including information and analytical activities. Problems and negative sides in the process of information-analytical activity in the system of regional management are determined. It is noted, that information and analytical support helps to achieve the best results, and the effectiveness of activities in any field depends on the management system. The obtained research results will allow will improve planning, organization and coordination of managerial decision-making and will help to form a significant information capital for making relevant management decisions at all hierarchical levels of management

scholarly journals Key sur(VIR)val factors in water supply companies: some lessons from Poland

2020 ◽  
Author(s):  
Paweł Chudziński ◽  
Szymon Cyfert ◽  
Wojciech Dyduch ◽  
Maciej Zastempowski
Keyword(s):  
Decision Making ◽  
Water Supply ◽  
Economic Crisis ◽  
Office Work ◽  
Key Factors ◽  
Managerial Decision ◽  
Home Office ◽  
Managerial Decision Making ◽  
Managerial Decisions ◽  
Made In

Abstract This paper presents the outcomes of research on managerial decisions that were made as a first reaction to the economic crisis caused by the SARS-Cov-19 virus (the coronacrisis). The research was carried out among 116 companies from the water supply sector operating in Poland that includes water supply and sewage. The results indicate which elements were perceived by managers as key factors for survival and further functioning. It is clear that the most frequent managerial decisions made were reducing investments and sending employees for home office work, as well as prolonging the payment deadlines. Interestingly, investment reductions were accompanied by sustaining the R&D expenses, as the researched organisations desired to stay competitive and innovative right after the crisis. Only a few of the water supply companies decided to make workers redundant, as the majority declared the intent to protect the workforce, e.g. by sending employees on leave. The research has also shown that the companies approached the coronacrisis rather methodologically and systematically, which indicates a good level of managerial decision-making under pressure, overall enterprise preparedness for crisis situations, as well as staff involvement. Based on our research, we offer some recommendations concerning how the water supply sector organisations can prepare for similar crises in the future. Our research indicates that the decisions made had the following goals in mind: protecting workforce and sustaining cash flow, as well as securing competitive position after the crisis. Our research also focuses on the necessary decisions to be made in water supply companies before the next crises.

THE IMPACT AND IMPORTANCE OF STAKEHOLDERS OF THE HEALTH UNITS TO THE MANAGERIAL DECISION-MAKING PROCESS

2011 ◽  
Vol 4 (1a) ◽  
pp. 148-165
Author(s):  
Aldona Frączkiewicz-Wronka ◽  
Katarzyna Dyaczyńska ◽  
Karolina Szymaniec ◽  
Przemysław Kotowski
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
The Impact

scholarly journals Customer Profitability Analyses and Customer Lifetime Value

2015 ◽  
Vol 89 (7/8) ◽  
pp. 265-273
Author(s):  
Ashok Sridhar ◽  
Michael Corbey
Keyword(s):  
Decision Making ◽  
Retrospective Analysis ◽  
Customer Lifetime Value ◽  
Customer Profitability ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Managerial Decisions ◽  
Doing Business ◽  
Customer Lifetime ◽  
Lifetime Value

The main objective of this paper is to compare two key approaches in the !eld of Customer Accounting (CA), namely Customer Pro!tability Analysis (CPA) and Customer Lifetime Value (CLV). While CPA is a retrospective analysis of past accruals that represent the results of doing business with a customer over a certain, mostly single-period of time, CLV is a predictive measure of future customer-related cash "ows over a certain (multi-)period of time. This paper draws on the state-ofthe- art knowledge in the Customer Accounting (CA) literature to identify the impacts of CPA and CLV on managerial decision-making. It also offers recommendations as to the scenarios in which these metrics should be deployed in order to arrive at meaningful managerial decisions, and highlights their collective limitations.

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