scholarly journals Management of Business Development for Machine-Building Companies in the Frame of integrated Corporate Structures

2018 ◽  
Vol 8 (3) ◽  
pp. 108-119 ◽  
Author(s):  
T. N. Topoleva

The article considers the stage process of a machine-building enterprise modernization management, the enterprise being a part of an integrated corporate structure, in response to the demand for an economic and technological breakthrough. The topicality of the study is determined by the problems of technical and process design renewal of the Russian industry, the lack of investment support of modernization programs in the production sector, and the development of new forms of public demand typical for the innovative economy. The authors have substantiated the role of economic integration processes in the development and modernization of machine-building enterprises based on the synergetic paradigm. The paper identifies and characterizes the stages of modernization management processes taking into account the mission and strategic goals of the enterprise development. The research has covered theoretical and methodological works of domestic and foreign scientists on the problems of economic integration and best practices of creating big integrated corporate structures. Modernization is considered as a set of measures aimed at improving the production and economic activities of enterprises participating in integrated corporate structures in order to ensure sustainable economic efficiency. Moreover, the paper identifies the factors preventing the sustainable development of domestic machine-building industry. A number of problems facing machine-building enterprises during the crisis period can be successfully overcome by them within the frame of integrated corporate structures which are entrusted with a leading role in the development and modernization of the machine-building complex. Among other things, the formation of such structures is aimed at the innovative development and creation of various types of knowledge-intensive industries with greater value added. The paper presents the mechanism for managing the modernization of enterprises within the frame of integrated corporate structures. Priority areas of investments in the implementation of modernization projects are proposed to be determined not only on the basis of the expected economic effect, but also taking into account the potential of the entities under modernization. The approach proposed by the author for managing the modernization of the enterprise within the frame of integrated corporate structures can be used both at the enterprises of the machine-building industry and the industrial complex as a whole in the context of improving the efficiency of the management system. The practical implementation of modernization measures will enhance the competitiveness of enterprises, increase their investment attractiveness and switch them to a higher level of economic sustainability with a focus on achieving the maximum impact in all spheres of activity.

Author(s):  
Oleksandr Veremieienko

Today, the state directly depends on the industrial complex the entire economy. Among the leading industries is mechanical engineering, as it is closely linked to other economic activities. It is engaged in production machines and equipment that ensure the production of goods and services by enterprises of other industries, thus stimulating their development. For further intensive development of the whole industry needs to ensure a sufficiently high level of activity of the engineering industry. The main problems of development of the machine-building industry include: underdevelopment internal market infrastructure; insufficient level of solvency of producers that negatively affects the financial and economic condition of enterprises in the industry; obsolescence of fixed assets basic enterprises of the industry, which have not been updated during the last 15 years, which has a negative impact on competitiveness, quality and cost of production; lack of working capital, imperfection of the mechanism of medium- and long-term lending; low domestic demand for domestic products; lack of real sources of funding, which makes it impossible reconstruction and technical re-equipment of enterprises in the industry; lack of financial mechanisms and tools that generate interest in innovation, as well as stimulate research and research and development work, as a consequence of the low level of innovation activity of domestic enterprises. All these problems significantly affect the current state of operation of machine-building enterprises. The priority is to analyze the financial and economic activities of machine-building enterprises, and as a consequence - to identify possible ways to improve the situation. The article reveals the essence and necessity of assessing the financial condition of enterprises in modern conditions. The financial condition of the machine-building enterprises of the Zaporizhzhia region was assessed on the example of the following four: PJSC «Zaporizhzhia Mechanical Plant», PJSC «Motor Sich», LLC SE «Commonwealth» and LLC SPE «Energomash» using factor analysis. Using the reporting of these enterprises, the analysis of the main financial indicators for the period from 2015 to 2019 analyzed the dynamics of changes in net income, cost, gross profit and net profit (loss) of the surveyed enterprises. The analysis of factors influencing the gross profit of the studied enterprises is carried out. It is established that in order to establish a stable financial activity in enterprises, it is necessary to thoroughly analyze the financial condition, to ensure the efficient use and formation of financial resources in their financial and economic activities.


2021 ◽  
pp. 227-238
Author(s):  
Oksana Khodyrieva

Introduction. As the industrial sector is of key importance for the economy of Ukraine, the indicators of its functioning are the main factor in the social and economic development of the country. In particular, mechanical engineering is one of the basic sectors of Ukraine's economy and a strategically important sector that affects the development of technological potential and competitiveness of Ukraine's economy as a whole. The level of development of mechanical engineering is one of the main factors that allows to ensure sustainable development of the Ukrainian economy, the level of development of the country depends on its level and dynamics of development. Therefore, the study of the current state of the machine-building industry, the efficiency of machine-building enterprises, identification of current problems will identify tools for recovery and further sustainable development of machine-building enterprises as one of the key sectors of the national economy. Purpose. Analyze the state of Ukrainian machine building, identify the main trends and problems of the industrial complex in modern economic conditions and provide recommendations for their solution to ensure sustainable development of machine building enterprises and increase the level of economic potential of industry. Method (methodology). The research was conducted through the analysis and synthesis of data based on the evaluation of statistical data of the State Statistics Service of Ukraine (2010-2019) in order to study the current state of the machine-building industry of Ukraine; tabular and graphical methods for visual presentation of the material. Results. The study confirms the link between economic growth and industrial development. The peculiarities of the conditions of activity of machine - building enterprises are determined. The tendencies of the lag of the Ukrainian industry on level from the developed countries are revealed. The main factors of reduction of production volumes of machine - building branch are analyzed. The analysis of the level of innovative activity of machine - building enterprises is carried out. The main factors hindering innovation are identified. The existing level and structure of capital investments are analyzed. The main destabilizing problems of the machine-building industry in Ukraine are outlined. A conclusion is made and a number of measures aimed at creating conditions for sustainable development of the machine-building industry taking into account the potential and capabilities of machine-building enterprises are proposed.


2020 ◽  
Vol 329 ◽  
pp. 03036
Author(s):  
Maria Ostapenko ◽  
Vladlena Nazarova ◽  
Natalia Voronova

Machine building is one of the leading industries. A modern man cannot exist without mechanical production. Nevertheless, the volume of manufactured products is large, and each part of it requires normative and technical documentation. Standards are introduced at enterprises to meet the demand of consumers in mechanical production. The standards also allow mechanical production to compete in domestic and foreign marketplaces. This paper analyzes the machine-building industry. The features and leading centres of machine-building placement are given. The main standardization problem in the field of machine-building was also considered, and the issue of harmonization of national and international standards for mechanical production was touched. The application of standards at machine-building enterprises was analyzed.


2018 ◽  
Vol 20 (2(67)) ◽  
pp. 168-175
Author(s):  
O.Z. REDKVA

Topicality. In the conditions of ambiguity of the situation that has developed over the past years in the economy, each enterprise needs to focus on developing measures to minimize the impact of adverse factors of the external and internal environment, which can be achieved through system monitoring of changes in the situation, as well as the effective management of economic activity Actual increase of the economic potential of the machine-building industry, which will provide good management, will create conditions for timely response to threats and hazards, strengthen the system of economic security of enterprises in accordance with changing environmental conditions. Aim and tasks. The goal of the paper is to investigate and identify the problems of building up economic potential, their impact on the economic safety of the machine-building enterprise, in particular, and on the industry as a whole. In this regard, the task of carrying out a comprehensive analysis of the main indicators of economic capacity building at the enterprises of the machine-building industry, which will be able to identify the main problems and threats to the industry, identify the strengths and opportunities to understand the main problems of building capacity of the machine-building complex to ensure economic security. Research results. The share of industrial innovation and active enterprises according to the types of implemented innovations has been analyzed. The development of economic potential of machine-building enterprises has been researched. The main problems and threats have been outlined for ensuring economic security and development of the industry. It has been established that the investigated branch has a number of strengths and opportunities, which, taking into account the condition of limiting the impact of weaknesses and threats, gives grounds for specific strategies for the development of machine-building enterprises. In the circumstances in the industry there is practically no development potential. Leading companies are working out the development programs that include expansion of production facilities, updating of production equipment, development of scientific base, increasing of consumer properties of released products and also of the one being produced. It must be admitted that this is the only possible way out of the crisis and the transition to the development of the industry. However, the implementation of these programs is complicated by the lack of adequate funding, as most enterprises carry out technological innovations mainly at their own expense. Conclusions. The main problems of increasing the economic potential of machine-building enterprises are as follows: relative non-competitiveness of products in comparison with products of developed countries; unpopularity of products of the domestic machine-building complex in world markets and the absence of world brands; imperfection of investment activity in most enterprises: insignificant level of implementation of development of scientific and technological progress in comparison with potential opportunities in the production of innovative products; significant level of depreciation of fixed assets, a significant lag of the state of fixed assets from the technological level of developed countries; use of outdated technological developments.


Author(s):  
Natavan Ibragimova Natavan Ibragimova

The article discusses the priority directions of innovative development of the machine-building complex in Azerbaijan. Mechanical engineering as the most important branch of industry is an industry capable of ensuring sustainable and sustainable innovative development of the country's economy. However, in the era of globalization, this area has faced numerous problems. This can be explained by: a shortage of investments; outdated means of basic production; high competition in domestic and global markets; a shortage of qualified personnel, etc. All this makes it urgent to modernize and recreate the machine-building industry of Azerbaijan in accordance with the requirements of the time. Based on this necessity, the article examines the aspects of sustainable economic development of the machine-building industrial complex. At the end of the article, assessing the current state of the machine-building industrial complex of Azerbaijan, strategic directions of its scientifically-based innovative economic development are proposed. Keywords: strategic development, mechanical engineering, competitiveness, innovative development, state support


2020 ◽  
Vol 11 (514) ◽  
pp. 256-262
Author(s):  
A. M. Kovalchuk ◽  

The article is aimed at analyzing the external operational environment of machine-building enterprises in the context of economic security and identifying the prerequisites for motivational management of the economic security of enterprise. Nowadays, effective management of the economic security of enterprise is one of the established imperatives that provide for the sustainable development and protection of the enterprise’s interests in the face of the contemporary challenges. Industrial enterprises operate in conditions of constant uncertainty and variability, which contributes to the search for effective instruments to ensure the proper level of protection of economic interests of a particular economic entity and industry in general. The article analyzes some indicators of activity of enterprises of machine-building industry of Ukraine. It is concluded that, despite the reduction of indicators such as the share of the processing industry in the GDP of the country, the number of employed people in the enterprises of the industry and the number of enterprises, along with the other, equally important indicators, show growth. First of all, it’s a question of the growth of sales volumes, net profit and profitability, which indicates the existing potential of the industry to implement the motivational management of economic security, because it provides not only for satisfying interests of the owners of enterprises, but also of all elements of the economic security system. Prospects for further research in this direction are the definition of the main elements, stages and methods of implementation of motivational management of economic security at machine-building enterprises.


Author(s):  
Юлія Борисівна Кракос ◽  
Аліна Олександрівна Приходько

In the light of globalization processes at the present stage of development of the Ukrainian economy, domestic enterprises of the machine-building industry faced the problem of increasing their competitiveness in the world market, which in turn contributed to the Activation of their innovative activities. The need of implement measures to increase the level of investment attractiveness of Ukrainian enterprises, determines the feasibility of the analysis of the current state of the machine-building industry. The aim of study is to investigate the role of machine-building industry production in total industrial complex, the research status, the challenges and to identify priorities for further development of engineering in Ukraine that are taking into account the requirements of the Modern market.  Research object. The object of the research is the machine-building industry of Ukraine and its condition in the conditions of world globalization. Methods. Research methods that were used in the process of writing the article - providing for the application of General scientific and empirical approaches to economic science – were based on a systematic approach. The appliance of the dialectical method allows us to highlight the features of modern innovation processes, furthermore, to explore the problems of creating an investment-attractive environment in the machine-building industry of Ukraine.  The traditional method is applied in the study of previous experience chronology of events and facts in the development of the economy of Ukraine.  General scientific systematical and logical methods were also used to obtain research conclusions.  The basis of the information in this paper is on the researches consisted of monographs, scientific articles of domestic, foreign articles, legal activities of the enterprises and data of the State Statistics Service of Ukraine. The hypothesis of the study. Continuous monitoring of the current state of machine building in Ukraine and implementation of the results of its practical analysis will improve the investment attractiveness of the industry.  Presentation of the main material. In this scientific article the role of mechanical Engineering as the leading industry of economy of Ukraine is investigated.  Based on statistical data, the dynamics of the main indicators of development of the machine-building industry of Ukraine for 2010-2018 was analyzed. Significant problems of the studied area are Identified, priorities for further development are determined.  The originality and practical significance of this study is to investigate deeply the main problems of investment attractiveness of the engineering industry.  also this study’s main provisions can serve as a scientific basis for the development of machine-building enterprises, in the context of the study of the problems of increasing the investment attractiveness of the industry.  Conclusions of the study. Since Mechanical Engineering is one of the leading industries, it is an indicator of the technical level of the country.  Lack of financial resources at the enterprises through problems such as low speed potential restoration of production in industry were solved. This leaded to braking of the General development of mechanical engineering of Ukraine.  In challenging situations of financial and economic activity, the enterprises of the machine-building industry need support from the State, in particular that needs a part of tax incentives for large-scale projects to modernize production facilities and Provide domestic producers with state orders.  According to the results of the conducted research it can be argued that the main stimulus for the realization of the industry’s potential is the lack of material resources.  Therefore, the solution for problems of increasing the investment attractiveness of industry will insure the further development of machine-building complex of Ukraine.


2021 ◽  
pp. 9-12
Author(s):  
Ruslan IVANENKO

The paper considers current trends of innovative development as a concept of structural modernization of the machine-building industry of Ukraine. The impact of the pandemic coronavirus on industrial enterprises of the machine-building industry in the world and Ukraine is analyzed. The basic tendencies of development of trade in the investigated sector in the conditions of quarantine and measures of stimulation of business in machine-building branch are revealed. The analysis of the current state, problems and perspectives of innovative development of machine-building branch in Ukraine for the period of 2010–2020 is carried out in the paper. The available types of forms of modernization of machine-building industry in Ukraine are analyzed. It is found out that the state of their development is insufficient, which requires the elaboration of further strategies of activation of activity both at the national and regional level. Determined a set of factors that influence the formation of the ability to implement machine-building enterprises innovations. The main groups of identified factors include infrastructure and accessibility, development of society, as well as the production environment. Structural differentiation by the level of their costs for innovations in the industry was analyzed. It has been established that in Ukraine there is extremely low state financing in the aspect of innovations development. Own funds of the machine-building enterprises, with a share of 96 % is the main source of investment in innovation activity of the industry. It is determined that for this purpose, it is necessary to expand the vision and develop a strategic roadmap that would allow to promote innovation. The priority of expanding the tools of innovation policy is justified. The need to create a fundamentally new concept of innovative development, providing the use of a mixture of policies and encompass vertical and horizontal understanding of these processes has been proved. It has been established that the management of the new innovation policy of machine building industry in Ukraine should provide the use of multi-level, open and network structures.


2021 ◽  
Vol 2 (3) ◽  
pp. 124-129
Author(s):  
Vladyslav Yakovlev ◽  
Olena Druhova

The purpose of the article is to study the management of production potential of machine-building enterprises in the Kharkiv region, 9 enterprises were analyzed and their production indicators were studied. The effectiveness of the production potential is characterized by production, technological, financial and innovative components. It should be noted that since the production potential is a component of the economic potential of the enterprise, the structure presented in Fig. 1 is quite conditional. If we consider the production potential from this point of view, then, for example, its innovative component is inextricably linked with the innovative potential, and the financial component – with the financial potential. Sustainable development and competitiveness of an industrial enterprise depends on the level of production potential, which is the foundation of production activity. The production potential of an industrial enterprise is a complex, dynamic and stochastic system consisting of a number of interconnected components. At the legislative level, an attempt has been made to build a single model of an integrated indicator of the financial condition of large, medium and small enterprises. According to the approved IFI Procedure for assessing the financial condition of a potential beneficiary of an investment project, the level of financial condition of the enterprise is determined depending on the value of the integrated indicator, which allows the classification of enterprises in the industry or region. At the same time, questions about the structure of innovation potential remain controversial in the scientific literature. The development of an integrated module for the assessment of production potential is the first stage of the presented methodological approach. The next step is to improve the information subsystem of monitoring the financial and economic activity of industrial enterprises, which in turn is an integral part of the IT system of enterprise management. At this stage, it is necessary to develop software that provides analysis and comprehensive assessment of production capacity. After integrating the software module with IS monitoring, we have to test the software using the collected database on the financial and economic activity of the enterprise. Comparing the results of the assessment with the assessment from the analytical reports of independent experts will allow to determine the level of adequacy of the presented model and software. Methodology. The analysis was conducted on the basis of financial statements of enterprises of the machine-building industry of Kharkiv region for the period 2018, 2019, 2020. Results of the study show that the enterprises of the machine-building industry have low indicators of production potential, so enterprises need to change the strategy in the market to improve production capacity to increase competitiveness and improve. Practical implications. Given that companies have lost traditional markets in recent years and products are not in high demand in European markets, it is necessary to develop ways to improve the management of the potential of machine-building enterprises, seek new markets and strengthen cooperation with international companies. Value/originality. The study will help the management of enterprises to more effectively manage the enterprise and improve their production capacity.


Author(s):  

The problem of the machine-tool capacity operational calculation and labor intensity at manufacturing parts of the new nomenclature, mainly machined by cutting, on machine-building enterprises of the military-industry complex (MIC) when calculating the technical and economic indicators of an order is considered. An algorithm for such a calculation, based on the operational calculation of the machine-tool capacity of cutting operations and the presented labor intensity of heat treatment operations, the application of electroplating and paint coatings, as well as locksmith and control operations is proposed. Keywords machine-tool capacity; parts manufacturing; diversified production; technical and economic indicators


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