scholarly journals THE ESSENCE AND DEFINITION OF COMPLIANCE RISK

2021 ◽  
pp. 116-121
Author(s):  
Тетяна Кобєлєва
Keyword(s):  
Codes Of Conduct ◽  
Code Of Conduct ◽  
Management Control ◽  
Industrial Enterprise ◽  
International Standards ◽  
Financial Loss ◽  
Economic Activities ◽  
Compliance Function ◽  
Industrial Enterprises ◽  
Definition Of

In the practice of an industrial enterprise, the concept of compliance is closely linked to the management / control system in the organization, as well as to the risks of non-compliance, non-compliance with the laws, regulations, rules and standards of supervisory authorities, industry associations and organizations, codes of conduct, etc.The purpose of the article is to investigate the theoretical and methodological basis of compliance risk and the possibilities of using this category in the organizational and economic activities of an industrial enterprise in order to ensure its stable and efficient operation.The concept of compliance risk with respect to industrial sphere is not enshrined in the Ukrainian legislation, but it is successfully used in banking and can be successfully adapted to the characteristics of an industrial enterprise. For industrial enterprises, it is proposed to define compliance risk as the risk of the application of legal or regulatory penalties, material financial loss, loss of market share or loss of reputation by an enterprise as a result of non-compliance with laws, regulations, rules, standards of self-regulatory organizations or external and internal codes or regulations. concerning production and business activity. The compliance function draws attention to many different aspects of compliance risks: from financial risks to reputational risks, from corruption to the code of conduct of employees, and this comprehensive approach allows for the most effective monitoring of the enterprise activity and to make informed and thoughtful decisions, create situations where the risk of compliance risk is minimal. In the article it is proved that if an enterprise plans to enter the international market, work with the compliance function is a prerequisite for development and further cooperation, since many foreign partners work exclusively with organizations that comply with international standards, including in the work with compliance risk control.

scholarly journals A fuzzy set model for assessment of a perspectives level for integration of new materials in industrial enterprise processes

2018 ◽  
Vol 44 ◽  
pp. 00045
Author(s):  
Elena Kasianenko ◽  
Evgenii Konnikov ◽  
Nikita Lukashevich
Keyword(s):  
Risk Process ◽  
Industrial Enterprise ◽  
New Materials ◽  
Process Systems ◽  
Industrial Enterprises ◽  
Definition Of ◽  
Effective Models ◽  
Further Development ◽  
Qualitative Changes

The definition of effective improvement vectors is currently one of the most pressing challenges facing the industry representatives. The transition to the sixth technological mode effectively contributes to competition intensification in all markets of industrial products. This is largely due to the fact that existing process systems are at the peak of their effectiveness. Further development requires qualitative changes. However, the principal improvement is a long-term and high-risk process. For this reason the issue of creating effective models for assessment of the strategic lines of processes improvement becomes increasingly important for industrial enterprises. This article considers in details the vector of industrial enterprise processes improvement based on the integration of new materials. As a result, a model allowing to assess a perspectives level for integration of new materials in industrial enterprise processes is created.

scholarly journals DEVELOPMENT OF STRATEGIC KPI-MODELS FOR ENERGY SECTOR OF MANUFACTURING ENTERPRISE

2020 ◽  
pp. 18-23
Author(s):  
Olga Degtiareva
Keyword(s):  
Energy Efficient ◽  
Energy Savings ◽  
Methodological Approach ◽  
Energy Sector ◽  
Management Control ◽  
Industrial Enterprise ◽  
Efficient Production ◽  
Methodological Basis ◽  
Industrial Enterprises ◽  
Study Results

Introduction. Ukrainian manufacturing enterprises face a variety of challenges related to energy efficient production. There are different ways to reach the energy efficiency, e. g. improve energy savings, reduce energy intensity, strengthen energy security, and so on. The KPI-models allow industrial enterprises, firstly, to choose quantitative benchmarks for enhancement their activities in the energy sector, and secondly, to get progress in reaching selected objectives. Purpose. The study aims to develop methodological approach to the formation of strategic KPI-models that can be used for development of different scenarios in energy sector of industrial enterprise. Methodology. The methodological basis of the study encompasses the theory of controlling concept, approaches to the development and implementation of KPIs, interdisciplinary and systematic approaches of the energy efficient production study. Results. The article examines the new direction of the controlling concept (also called management control in the English speaking area) named energy controlling. It aims to increase the efficiency, transparency and validity of management decisions in the energy sector. The author has analyzed different methodological approaches to choose the energy KRIs and she has proposed the methodological basis for development of strategic KRI-models for the energy sector of an industrial enterprise. There are also some examples of strategic KPI-models for different scenarios.

Management of risks in the activity of industrial enterprises: essence and classification

2019 ◽  
pp. 66-76
Author(s):  
Dmitry Shchukin
Keyword(s):  
Industrial Enterprise ◽  
Risk Category ◽  
Industrial Enterprises ◽  
Research Risks ◽  
Analysis And Synthesis ◽  
Methods Of Synthesis ◽  
Universal Definition ◽  
State Of Affairs ◽  
Definition Of

The subject of research – risks in the activity of industrial enterprises: essence and classification.The purpose of the article is to study existing approaches to the interpretation of the concept of “risk” and develop its own definition of “risk”, analysis and classification of risks arising in the activities of industrial enterprises, the development of its own classification of the most common and actual risks of an industrial enterprise. Methodology of work – used methods of synthesis, analysis and synthesis (in the study of approaches to the interpretation of the concept of “risk” and the classification of risks of an industrial enterprise), expert methods of evaluation (in determining the most common and actual risks of an industrial enterprise). The results of the work – the proposed their own: the definition of the concept of “risk” and the classification of the most common and actual risks of an industrial enterprise. Conclusions – in modern scientific thought there is no single approach and the only universal definition of the “risk” category. This state of affairs is caused by the complexity of this category, the peculiarities of the research of scholars, in the context of which this category is considered. According to the research, we came to the conclusion that the risk is uncertainty, which causes a potential deviation from the planned goals and expected results.

ORGANIZATIONAL METHODS FOR ENSURING ECONOMIC SUSTAINABILITY OF MODERN INDUSTRIAL ENTERPRISES

2021 ◽  
Vol 3 (10) ◽  
pp. 6-18
Author(s):  
Artur D. Bobryshev ◽  
◽  
Alexander A. Pudov ◽  
Valery M. Tumin ◽  
◽  
...  
Keyword(s):  
Best Practice ◽  
Industrial Enterprise ◽  
Economic Conditions ◽  
Economic Sustainability ◽  
Sharp Change ◽  
Industrial Enterprises ◽  
Organization And Management ◽  
Correct Definition ◽  
The One ◽  
Definition Of

The methodological issues of ensuring the economic sustainability of enterprises, as one of the key goals of modern industrial business, have long been the focus of attention of scientists and researchers, not only because of their importance, but also because of some internal inconsistency that does not allow them to be considered finally resolved. On the one hand, sustainability presupposes stability, some conservatism in the development of the enterprise and this aspect of it requires the application of measures that prevent a sharp change in economic conditions. Attract the attention of researchers and have not yet received their final scientific, methodological and practical solution. It should be believed that the solution of this task, which is important for each industrial enterprise in a market economy, can be found in the case of: (a) the correct definition of business development directions in terms of its diversification and expansion (external dimension); b) determination of such economic conditions that can ensure an equilibrium state of the enterprise’s economy, characterized by a certain set of parameters of the activity of its main subsystems (internal measurement) and c) implementation of the algorithm of periodic controlled withdrawal of the enterprise from the state of stability for transition to a new level of development and stabilization of its socio-economic parameters in the intervals between such fluctuations. Therefore, the purpose of this article is to attempt to resolve this contradiction in terms of developing a set of solutions to create conditions for the progressive dynamics of industrial enterprises that do not impede, but complement, the installation to maintain stability within acceptable limits. For this, the scientific and methodological apparatus of business modeling, modern concepts of organization and management is involved, as well as innovations in the best practice of sustainable development of industrial enterprises are used. The result of the study is a tree of goals for ensuring the economic sustainability of a modern industrial enterprise, revealing the internal dimension of the problem under study and practical recommendations.

scholarly journals INVESTMENT DESIGN AS A BASIS FOR THE FORMATION OF INVESTMENT ATTRACTIVENESS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
pp. 36-40
Author(s):  
Ірина Федоренко ◽  
Євгенія Шкарупа ◽  
Катерина Шляпцева
Keyword(s):  
Economic Efficiency ◽  
Investment Decision ◽  
Market Competition ◽  
Investment Project ◽  
Business Plan ◽  
Industrial Enterprise ◽  
Investment Projects ◽  
Industrial Enterprises ◽  
Project Analysis ◽  
Definition Of

The article investigates the financial and economic essence of investment design and proves that having the diversity and abundance of sources of financing of various projects and programs in industrial enterprises there is an urgent need to form their investm ent attractiveness, which should be embodied in the form of an investment project. The main approaches to the definition of the concept of investment project are analyzed and the author's definition of this concept is given. The groups of methods for assessing the economic efficiency of investment projects, which allow to assess its economic efficiency, which increases the investment attractiveness of prospective domestic and foreign investors. Typical errors that may occur in the calculation of performance indicators of the investment project and adversely affect the investment attractiveness of an industrial enterprise are highlighted. It is proved that one of the most important and defining stages of the project cycle of investment design is project analysis, which is a set of methodological measures and techniques used for the preparation and justification of investment decisions. The main types of analysis that should be included in the project analysis of the investment project ar e defined. It is concluded that after all the studies preceding the investment decision, it is necessary to draw up a certa in final document that will allow the investor and the entrepreneur not only to accept, but also to fix, and when to be done to justify the hopes for the effective ness of the investment project. For this purpose, a standard document is drawn up, in which the concept of a real investment project – a business plan-is substantiated in detail. The business plan developed in the article makes it possible to find out the viability of the project in the conditio ns of market competition, contains guidelines for the further development of the enterprise, and is the main condition for the formation of investment attractiveness of an industrial enterprise in the modern investment climate of Ukraine.

scholarly journals METHODOLOGY ENSURING BALANCED DEVELOPMENT INDUSTRIAL ENTERPRISES ON THE PRINCIPLES OF COMPLIMENTARILY

2020 ◽  
Vol 22 (4(77)) ◽  
pp. 83-91
Author(s):  
A.V. KARPINSKA
Keyword(s):  
Industrial Enterprise ◽  
Main Task ◽  
Balanced Development ◽  
Industrial Enterprises ◽  
Complex Process ◽  
Successive Change ◽  
The One ◽  
Definition Of ◽  
Stable Development ◽  
Better Than

Topicality. The one main task of Ukrainian industrial enterprises is to increase their efficiency and balanced development. That task encourages industrial entrepreneurs to constantly search for reserves and ways to improve efficiency use resources under their control. Essence problem ensuring balanced development of industrial enterprises is it balanced development is still a complex process that is achieved through continuous provision of expanded reproduction productive capital, which cannot be done without realizing need for complimentarily use available reserves in financial, material and innovation subsystems. Aim and tasks. The aim of article is researched and developed methodology ensuring the balanced development of an industrial enterprise on the principles of complimentarily. Research results. Author presents the results study on the definition of the categorical apparatus, functions, principles and methodological approaches methodology balanced development of the industrial enterprise on the principles of complimentarily. Conclusion. Any industrial enterprise is a production socio-economic system. Ensuring the balanced development of this system is not possible without compliance with the principles of complimentarily - the basic rules that allow reproduction expanded production capital of industrial enterprises and are manifested in coherence, complimentarily, interaction and interdependence of financial, material, labor and innovation components. Balanced development of an industrial enterprise, in contrast to equilibrium functioning and stable development, is a process of successive change of states of this system, each of which is better than the previous one in such interdependent, interacting, complementary and coordinated financial, material, labor and innovation components to ensure the continuity of expanded reproduction of its productive capital. Complimentarily in context balanced development involves use of reserves, rather than the potential of one component of the industrial enterprise other component, which focuses on the absolute use of the whole system to maximize the implementation of balanced development (achieving expanded reproduction).

scholarly journals PROBLEMATICS OF ENTERPRISE DEVELOPMENT IN THE ECONOMY OF KNOWLEDGE BASED ON LOGISTIC APPROACH

2018 ◽  
pp. 126-131
Author(s):  
E. A. Balchik ◽  
O. V. Kalinina ◽  
S. E. Barykin
Keyword(s):  
Strategic Planning ◽  
Knowledge Economy ◽  
Theoretical Approach ◽  
Industrial Enterprise ◽  
Strategy Development ◽  
Enterprise Development ◽  
Industrial Enterprises ◽  
Knowledge Based ◽  
Definition Of

The theoretical approach of the knowledge economy to the development of the strategy of industrial enterprises on the basis of the logistical methodology are covered. The definition of strategy and strategic planning for the knowledge economy is presented. The process of strategy development is characterized and the algorithm of strategic planning of an industrial enterprise is proposed taking into account the knowledge economy.

scholarly journals Internet Platform as a Basis for Effective Promotion of Industrial Enterprises

2020 ◽  
pp. 116-123
Author(s):  
Anna O. Derykolenko
Keyword(s):  
Business Processes ◽  
Industrial Enterprise ◽  
Modern World ◽  
The Internet ◽  
Industrial Enterprises ◽  
Keywords Internet ◽  
Internet Platform ◽  
Definition Of ◽  
Target Consumer ◽  
Use Of Internet

The article clarifies the definition of an Internet platform. The main markets are identified where the use of Internet platforms would be most appropriate. The existing definition of Internet platforms is analyzed and the author’s vision is proposed, which is based on the research. The main characteristics of the Internet platform for the promotion of industrial goods are highlighted. It is noted that in the modern world of digital technologies, Internet platforms have wide opportunities and prospects for application by domestic industrial enterprises. The main purpose of the existence of Internet platforms is to help enterprises whose goal is to enter global markets. Due to the high technical level, their implementation can significantly increase the speed of logistics operations, increase the efficiency of activities (communication, logistics, innovation, investment, etc.), improve its quality (thanks to customization), realize unique after-sales service opportunities for various markets, various target consumer groups, etc. The use of Internet platforms by industrial enterprises is, on the one hand, aimed at establishing mutually beneficial relations with stakeholders, and on the other, at coordinating the company's internal business processes with external capabilities and threats. The author formulated the main features of the creation and use of Internet platforms for the promotion of industrial products, identified the business processes of an industrial enterprise when using an Internet platform. Separately, a structural diagram of the business processes of an industrial enterprise using the Internet platform is proposed. Keywords: Internet platform, business processes, tools, industrial enterprises.

scholarly journals ECONOMIC ASPECTS OF LIFE SUPPORT MANAGEMENT OF INDUSTRIAL ENTERPRISE ACTIVITIES

2020 ◽  
Author(s):  
Svitlana Markova
Keyword(s):  
Life Support ◽  
Complex Model ◽  
Industrial Enterprise ◽  
Industrial Enterprises ◽  
Potential Component ◽  
Factors Of Production ◽  
Definition Of ◽  
The Relationship ◽  
Goals And Objectives ◽  
Enterprise Activity

The article considers the debatable issue of determining the conceptual and categorical apparatus of the process of managing the livelihood of an industrial enterprise. It is determined that there is no standardized definition of the concept of "life support of the enterprise The author supplemented the conceptual and categorical apparatus of the process of managing the livelihood of industrial enterprises, with the concept: "life support of the enterprise", which consists in the existence and development of the enterprise based on the use of all available resources (potential component) and factors of production (land, labor, capital, entrepreneurship). and information) in a market environment based on the application of competitiveness and innovation, in order to achieve the goals and objectives, and in general the effectiveness of economic activity (at all levels of government). It should also be noted that the management process means the controlled influence of managers of different levels on the livelihood of the enterprise. The complex model of life support management of industrial enterprise activity is developed, which includes factors of external macroenvironment (economic, socio-cultural, political-legal, demographic, technological, ecological) and microenvironment (suppliers, intermediaries, clients, competitors, contact audiences), internal environment taking into account the main indicators, factors of production and resources. The author emphasizes the relationship between the main factors of production (land, labor, capital, entrepreneurship and information), the external environment and the livelihood of the enterprise, taking into account its level of competitiveness in the market.

scholarly journals Theoretical features and principles of risk management in the activities of an industrial enterprise

2019 ◽  
pp. 143-149
Author(s):  
Alla L. Idobayеva
Keyword(s):  
Risk Management ◽  
Industrial Enterprise ◽  
Practical Significance ◽  
Management Process ◽  
Industrial Enterprises ◽  
Conceptual Apparatus ◽  
Risk Management Process ◽  
Analysis And Synthesis ◽  
Definition Of ◽  
Competitive Products

The purpose of the research. The main purpose of the article is to improve the conceptual apparatus of the risk management process in the activities of an industrial enterprise, the principles of risk management, stages and principles of this process in the activities of an industrial enterprise. Methodology. To improve the conceptual apparatus of the risk management process, the principles of risk management, stages and principles of this process in the activity of an industrial enterprise are used by the following methods: generalization, analysis and synthesis. Results. As a result of the study, an actual definition of the category of “risk management,” the stages of risk management and the principles of risk management process, taking into account the modern features of this process, as well as the features of industrial enterprises. Also, as a result of the study, circumstances that do not allow to effectively use worked out and well-established themselves in other areas of activity evaluation and risk management. Practical meaning. The practical significance of the study is the applied nature of the proposed conceptual apparatus, the principles of risk management, stages and principles of this process that can be used in the process of risk management in the activity of an industrial enterprise, which are particularly relevant in a changing and crisis environment in which industrial enterprises operate, and also allows the enterprise to create and develop competitive products, maintain the required level of stability and efficiency. Prospects for further research. The further researches of the author will be devoted to this. Another direction of subsequent developments will be the development of methodological provision of risk management process in the activities of an industrial enterprise.

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