scholarly journals Assessment of the Competitive Positions of National Airlines of Ukraine

TEM Journal ◽  
2021 ◽  
pp. 318-326
Author(s):  
Ovsak Oksana Pavlivna ◽  
Liskovych Nazarii Yuriiovych ◽  
Nazarenko Oleksandra Pavlivna
Keyword(s):  
Cluster Analysis ◽  
Crisis Management ◽  
Air Transportation ◽  
Strategic Groups ◽  
Strategic Positioning ◽  
Methodological Basis ◽  
Financial Condition ◽  
Competitive Map ◽  
Domestic Airlines

This article presents the results of systematization of methodological basis for assessing the competitive status of domestic airlines in the absence of information about their financial condition, actually due to cluster analysis of their various operational, communication and marketing characteristics. Based on the results comprising cluster analysis of profile indicators of airlines available from open sources, clusters - strategic groups of Ukrainian airlines were identified. Construction of a competitive map of the air transportation market of Ukraine, identification of clusters of domestic airlines provide an opportunity to use a differentiated approach to the tools of strategic positioning and crisis management of airlines of Ukraine.

Positioning decisions within strategic groups

2014 ◽  
Vol 52 (10) ◽  
pp. 1858-1887 ◽  
Author(s):  
Xiao Duan ◽  
Zhan-ming Jin
Keyword(s):  
Firm Performance ◽  
Performance Comparison ◽  
Annual Reports ◽  
Corporate Diversification ◽  
Strategic Groups ◽  
Strategic Positioning ◽  
Strategic Group ◽  
Content Type ◽  
Two Factors ◽  
Negative Effect

Purpose – Strategic group has been intensively studied since this term emerged in 1970s, but previous studies have been limited to the comparisons between groups such as performance comparison. The purpose of this paper is to explore the internal structure of strategic groups by examining the effect of strategic distance from a firm to the center of its strategic group on firm performance. Design/methodology/approach – The research is based on data acquired from the annual reports of listed companies and some Chinese domestic databases, including CSMAR Solution, WIND financial database, and China Core Newspapers Full-text Database. After grouping listed pharmaceutical companies in China over the period 2010-2011, the authors test three hypotheses by using fixed effect regressions. Findings – The paper finds that the strategic distance from a firm to the center of its strategic group has a significant negative effect on the firm's financial performance. Two factors are discovered to influence that effect: corporate diversification strengthens the negative effect of strategic distance on performance, while firm's media visibility weakens that negative effect. Originality/value – The findings reveal the relationship between intra-group strategic positioning and firm performance, and specify how firms can gain competitive advantage through positioning choices and strategic actions. This study promotes the establishment of a more comprehensive strategic group theory by revealing the structure within strategic groups.

scholarly journals Overcoming ambiguity in assessing the financial sustainability of Crimean hospitality companies for anti-crisis management

2021 ◽  
Vol 11 (2) ◽  
pp. 36-56
Author(s):  
V. A. Malyshenko ◽  
K. A. Malyshenko
Keyword(s):  
Crisis Management ◽  
Financial Management ◽  
Financial Stability ◽  
System Analysis ◽  
Financial Analysis ◽  
System Development ◽  
Unstable System ◽  
Financial Condition ◽  
Macroeconomic Indicators ◽  
Strategic Program

The subject of the research is the system of methods of financial management of a company, in which a contradictory situation of conflict of goals of its development has developed, with the obligatory occurrence of systemic crises on the one hand, and the rule of constant preservation of a low risk of financial destabilization, on the other. The relevance of the study is due to the significant distance of system analysis in its categories from strategic financial analysis. Systemic destabilization of active investment outwardly looks the same as the end-of-life bankruptcy crisis, which significantly distorts the perception of potential investors in the industry in general. The scientific novelty lies in the substantiation of a method that makes it moving from a simple identification of the transitional (crisis) development stages of an unstable system (company) to the substantiation of the parameters of a strategic program, including within the framework of anti-crisis management. The aim of the research is to adapt analysis methods of the system’s crisis states to the provisions of the most system-oriented financial analysis techniques have being applied to disclose the unstable states of the “system-enterprise”. The system analysis has been chosen as the research method in various areas of its manifestation: from a general philosophical description of unstable system with characteristics of a company’s life cycle to a model for assessing the company’s financial stability for strategic purposes. The result of modeling the financial condition of such unstable companies taking into account provisions of the system analysis, was the formulation of a new category of strategic financial management — the Strategic zone for the financial stability transformation, which serves as the basis for a long-term program for the transformation of the financial condition. As a conclusion, it can be noted that applying of the financial analysis method for strategic purposes (“Fregat” model) in a single connection with the system analysis provides the possibility to identify the most dangerous crises from the standpoint of the identification complexity and consequences of the cochirid stage crises of the system development. Also, this allows to separate the investment (justified) destabilization from instability which could be the cause of wrong actions of the company’s management. All this makes it possible to objectively assess the macroeconomic indicators of the hospitality industry in general.

scholarly journals ANALYTICAL PROVISION OF THE ENTERPRISE'S DEBT IN THE CONTEXT OF CRISIS MANAGEMENT

2019 ◽  
pp. 146-160
Author(s):  
Tetiana MULYK ◽  
Olena TOMCHUK ◽  
Lidiia FEDORYSHYNA
Keyword(s):  
Crisis Management ◽  
Management System ◽  
Financial Analysis ◽  
Debt Management ◽  
Full Potential ◽  
Financial Condition ◽  
Managerial Decisions ◽  
Accounts Payable ◽  
Composition And Structure ◽  
Main Components

The system of analytical support of the enterprise in conditions of crisis management is investigated. The approaches to understanding the essence of crisis management, its purpose, role and the basic requirements to the formation of the system of crisis management are specified. It is established that the crisis management of the enterprise is a complex system that is different in its strategic nature and aims at eliminating of possible and existing problems in its activities by developing and implementing a special program using the full potential of modern management. It is established that the crisis management system should provide an appropriate approach to the enterprise's debt in order to effectively manage it, to ensure optimum balance between receivables and accounts payable, to prevent the occurrence of overdue debts, to systematically monitor the calculations, and so on. The analysis of receivables and accounts payables by branches of Ukraine is carried out and the significant excess of receivables is noted. It is indicated that the management of the enterprise will be interested in information on: the amount, dynamics, composition and structure of its indebtedness; quality of debt; the reasons that caused the occurrence and existence of debt; the frequency of occurrence and repayment of debts; influence of debt on the financial condition of the enterprise; the expediency of investing in an enterprise's debt, etc. It is established that the purpose of analysis of receivables and accounts payable is to identify the amount of justified and unreasonable debt; changes for the analyzed period, the reality of receivable and amounts payables, reasons and the prescription of accounts receivable. In this regard, the analysis of receivables and accounts payables is an important part of the financial analysis at the enterprise and allows you to identify not only the indicators of current and prospective solvency of the enterprise, but also factors influencing their dynamics, as well as assess quantitative and qualitative tendencies in the financial state of enterprises in the future. It is determined that in the process of organization of debt analysis it is necessary to separately evaluate and study the availability, composition and structure of the company's debt, its frequency, quality and causes, including overdue. To study the composition and structure of the debt, its dynamics it is appropriate to make special analytical tables, graphs, drawings. In the course of the analysis it is also appropriate to compare the amounts of receivable and payables. According to the results of this comparison, the following factors can be identified: increase or decrease of receivables; increase or decrease in payables. It is stated that the management of receivable and accounts payables at the enterprise is the process of development and implementation of managerial decisions regarding the consistency of their size and speed of the movement in time, providing the necessary profit and optimal amount of available funds. The main components of the enterprise debt management system are presented in the article.

scholarly journals Review of the monograph “O. Yu. Dyagel. Analytical procedures of anticrisis management: monograph. Krasnoyarsk: Sibirial Federal University, 2020. 268 p.”.

2021 ◽  
Vol 15 (4) ◽  
pp. 851-858
Author(s):  
D. V. Manushin ◽  
T. V. Kramin
Keyword(s):  
Crisis Management ◽  
Financial Analysis ◽  
Practical Significance ◽  
Complete Analysis ◽  
Financial Indicators ◽  
Financial Condition ◽  
Wide Range ◽  
Analysis And Synthesis ◽  
Logical Method ◽  
Analytical Procedures

Objective: to conduct a detailed and complete analysis of a monograph by O. Yu. Dyagel2, which is devoted to the study of a wide range of issues related to analytical procedures of crisis management.Methods: the basic techniques of the abstract-logical method were used (analysis and synthesis, analogy, generalization, comparison, transition from abstract to concrete, etc.).Results: the leading line of this work is the differentiation of analytical procedures for crisis management, which implies a further standardization of individual diagnostics of enterprises’ financial condition. The reviewers emphasize the importance of the approaches to diagnosing the enterprises’ financial insolvency, systematized in the monograph.The reviewers assess the grouping of the author's approaches in the implementation of analytical procedures for crisis management, starting with preventive crisis management and ending with arbitration management.Scientific novelty: a new promising direction of financial analysis has been identified: standardization of an individual financial analysis based on specific groups of financial indicators suitable for a specific enterprise and its situation.Practical significance: the reviewers concluded that O. Yu. Dyagel’s monographic study contains examples of the practical application of the theoretical, methodological and regulatory approaches studied by the author, which significantly increases the possibility of their application in practice.

scholarly journals GOVERNMENT CONFLICT MANAGEMENT:

2019 ◽  
Vol 8 (6) ◽  
Author(s):  
Boris A. Andreyev ◽  
Natalia A. Shibanova ◽  
Roman V. Penkovtsev ◽  
Roman V. Penkovtsev
Keyword(s):  
Conflict Management ◽  
Crisis Management ◽  
Research Methodology ◽  
Subsequent Development ◽  
Negative Consequences ◽  
Negative Effects ◽  
Public Authorities ◽  
Methodological Basis ◽  
Management Measures ◽  
Crisis Situations

Conflict management in public authorities is a system of management measures for the diagnosis, prevention, overcoming and neutralization of crisis situations and manifestations, as well as their causes in various government structures. Such an activity involves prediction of the degree of danger of crisis manifestations in public authorities, study of its symptoms, as well as measures to reduce the negative effects of the crisis and usage of its features for subsequent development. Each management to a certain extent has a place to be anti-crisis or begins to become so in degree of entry of the organization into the period of crisis development. Neglect of such a situation entails rather negative consequences, while its consideration contributes to an effective way out of different crisis situations [1].The research methodology involves a thorough analysis of crisis management, as well as the conflict essence in government structures. The article attempts to distinguish between the concepts of “crisis” and “conflict”, “management” and “settlement”. The theory of conflict acts as a methodological basis. Crisis management in government bodies has an impact subject represented by crisis factors, that is, all factors of exacerbation of contradictions, causing the risk of its extreme manifestation, the onset of a serious crisis. The paramount importance and priority of crisis management in various state bodies reflects the need for any organization and person to overcome, resolve and setlle crisis situations, to make possible mitigation of its consequences, and to use its potential. Understanding of crisis and conflict as a natural and inevitable phenomenon in the process of development of the organization determines the relevance of constant research, creation, improvement of crisis management mechanisms.

ANTI-CRISIS MANAGEMENT OF THE ENTERPRISE AS A MEANS OF BANKRUPTCY PROTECTION OF THE ENTERPRISE

2019 ◽  
Vol 4 (3) ◽  
pp. 181-187
Author(s):  
Nadiya REZNIK ◽  
Vitalii KOSTYLIANU
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
Banking System ◽  
Enterprise Management ◽  
Main Task ◽  
Negative Consequences ◽  
Economic Sectors ◽  
Business Executives ◽  
Financial Condition ◽  
Investment Capital

The functioning of most medium-sized, small and large enterprises in today's realities remains at a low level of professionalism. Many business executives do not pay enough attention to analytical work, do not develop new strategies and do not improve the proposal related to crisis management. Only the enterprise management of the adequate level of qualification can avoid all the negative consequences of the crisis. The main task of enterprises is to comply with the requirements of the enterprise anti-crisis policy, namely the calculation of financial ratios that reflect its financial stability. The coefficients allow to consider the company from different sides, among which the most important in the implementation of anti-crisis management are: the efficiency of current assets using, own and borrowed funds, using of production potential, effective management in the enterprise, the dynamics of production and sales of products, depreciation of fixed assets, using of investment capital. In addition to monitoring indicators, crisis management involves identifying problem areas in the enterprise and developing measures to eliminate them. The final part of the enterprise's anti-crisis policy is the implementation of these measures, which prevents the bankruptcy of the enterprise at the stage of possible threats and problems. Unfortunately, modern entrepreneurs neglect this measure and therefore find themselves in a difficult financial and managerial situation. Another issue of crisis management is the issue of securities, which allows to raise additional funds used by the enterprise as a means of eliminating possible bankruptcy. This process is a means of lending in today's realities that is more effective than loans made through the banking system. In today's market economy, business development is the driving force, so we believe that the topic of crisis management is relevant, because such measures are developing enterprises, which in turn develops the economic sectors and the country's economy. Keywords: crisis management, crisis, bankruptcy, financial instruments, enterprise management, analysis of financial condition.

scholarly journals Simultaneous multidimensional unfolding and cluster analysis: An investigation of strategic groups

1991 ◽  
Vol 2 (2) ◽  
pp. 129-146 ◽  
Author(s):  
Wayne Desarbo ◽  
Kamel Jedidi ◽  
Karel Cool ◽  
Dan Schendel
Keyword(s):  
Cluster Analysis ◽  
Strategic Groups ◽  
Multidimensional Unfolding ◽  
And Cluster Analysis

scholarly journals Combination of SWOT Analysis, Analytic Hierarchy Process, and Monte Carlo Simulation to Identify the Strategic Positioning of Crisis Management at the Ferdowsi University of Mashhad, Iran

2020 ◽  
pp. 93-101
Keyword(s):  
Monte Carlo Simulation ◽  
Monte Carlo ◽  
Crisis Management ◽  
External Factors ◽  
University Campus ◽  
Strategic Positioning ◽  
Analytic Hierarchy ◽  
Internal And External Factors ◽  
The University ◽  
Hierarchy Process

INTRODUCTION: Iran has long been recognized as one of the most accident-prone areas in the world due to its special geographical location. Therefore, it is of utmost importance to devote special attention to crisis management in organizations and the identification of related strengths, weaknesses, opportunities, and threats. METHODS: The present study aimed to identify the strategic positioning of crisis management after natural disasters at the Ferdowsi University of Mashhad as the center of excellence in the east of the country. To this end, the internal and external factors which militate against university crisis management were identified. Thereafter, the strategic positioning of this university was determined among four positions, namely offensive, defensive, adaptive, and contingency, using a combination of SWOT (strengths, weaknesses, opportunities, and threats) analysis, analytic hierarchy process (AHP), and Monte Carlo simulation, and strategies were presented. The statistical population were university facility experts and managers among whom 10 cases were selected by purposive sampling. FINDINGS: Based on the obtained results, the highest weights in different sub-criteria were as follows: compliance with the required technical and safety standards in new constructions of the university campus (strength), the absence of any specific plan for dealing with various types of crises in different buildings (weakness), the proximity of the fire station to the university campus (opportunity), and indecisiveness of organizations supervising building retrofitting, including provincial government and Roads and Urban Development Office (threat). CONCLUSION: The results of the present study demonstrated that strategic positioning can be identified by analyzing internal and external factors. Moreover, among the four strategic positions, it was found that the Ferdowsi University of Mashhad adopted an offensive crisis management strategy in 45.4% of the cases.

Sign in / Sign up

Export Citation Format

Share Document