scholarly journals Economic analysis as an element of strategic planning in organizations

2020 ◽  
Vol 8 (1) ◽  
pp. 151-155
Author(s):  
Ekaterina Yaremchuk ◽  
Sergey Muzalev
Keyword(s):  
Strategic Planning ◽  
Economic Analysis ◽  
Statistical Methods ◽  
Practical Significance ◽  
Strategic Analysis ◽  
Strategic Development ◽  
Financial Condition ◽  
Special Direction ◽  
Processing Information ◽  
Forward Looking

Purpose: The article considers the features of the economic analysis, as a special direction of studying the activities of the business unit, which allows, via processing information gained through analytical procedures, perform a selection of most rational alternative for forward looking strategic planning of a company. Methodology/Approach: The article describes the possibility of increasing the efficiency from the use of strategic analysis and in particular from including in the methodology statistical methods and methods for assessing the business reputation of the company. As the information base of the research, we used the works of scientists on the problems of theory and methods of analysis of the financial condition, as well as publications, the author’s conclusions obtained during the research. Also used were the coefficient method, company valuation methods and company reputation methods. Findings: The practical significance of given study consists in substantiating the application of statistical methods and methods of company’s valuation in the framework of strategic analysis with the aim of developing or selecting development strategies for organizations. Practical Implications: This study will mostly benefit economists, analysts and scientific researchers, who implement various methods of strategic analysis in practice in terms of possibility of supplementing them by both methods of strategic analysis and methods of valuation. Originality/Value: The main topic that we are considering is the practical application of the methods of economic analysis and the choice of the direction of the organization's forward looking strategic development.

scholarly journals STRATEGIC DEVELOPMENT AS A FACTOR IN ENSURING THE ECONOMIC STABILITY OF A MODERN MARKET ENTERPRISE

2020 ◽  
Vol 1 (4) ◽  
pp. 18-23
Author(s):  
Svitlana Birbirenko
Keyword(s):  
Strategic Planning ◽  
Individual Component ◽  
Development Strategies ◽  
Practical Significance ◽  
Economic Stability ◽  
Strategic Development ◽  
Development Goals ◽  
Methodological Aspects ◽  
Enterprise Analysis ◽  
Practical Implications

The purpose of the paper is to analyse theoretical and methodological aspects of the formation of strategic development as a factor in ensuring the economic stability of a modern market enterprise. Methodology. The study has been carried out based on studying the theoretical and methodological aspects of the formation of strategic planning as a basis for strategic development of the enterprise; types of strategies for the development of a modern market enterprise; analysis of strategic development in the context of economic stability of the enterprise. Results of the research. In the course of research, it has been established that strategic development of the enterprise is impossible without premature drawing up of systematic process of strategic planning of the enterprise. Each individual component of economic stability of the enterprise has been characterized by its options for the use of development strategies. Practical implications. The practical significance lies in obtaining a synergistic effect due to a combination of several development strategies that will help to obtain the desired positive result. Conclusions. Strategic development should be aimed at ensuring the ability of the enterprise to achieve strategic development goals and economic sustainability in particular.

scholarly journals Innovative approaches to the development of strategic planning and management

2021 ◽  
Vol 284 ◽  
pp. 07030
Author(s):  
Natalia Strekalova ◽  
Elena Korchagina ◽  
Larisa Desfonteines
Keyword(s):  
Strategic Planning ◽  
Process Model ◽  
Thinking Skills ◽  
Business Practice ◽  
Strategic Thinking ◽  
Integrative Approach ◽  
Strategic Analysis ◽  
Management Competencies ◽  
Planning Development

The article discusses modern concepts and approaches to the strategic planning development and managers’ strategic thinking formation. Today the strategic thinking is considered as one of the most important and most demanded management competencies. However, there is still no understanding how managers can develop that competencies. The article proposes an integrative approach based on the use of competence, process and situational approaches. The article deals with a process model of the formation of managers’ strategic thinking skills based on the use of the concept of a business model, strategic analysis, and case study. The results obtained help to increase the managers’ training effectiveness and ensure its relevance to business practice. They can also be useful for practicing managers in conducting strategic sessions and strategic planning, as well as for professionals in the field of business education.

scholarly journals Involvement in the organized market of such forms of self employment in rural areas as personal subsidiary farms of citizens

2021 ◽  
Vol 0 (13) ◽  
pp. 31-37
Author(s):  
Ekaterina Kot ◽  
Tat'yana Zyryanova ◽  
Sergey Zyryanov
Keyword(s):  
Rural Areas ◽  
Financial Literacy ◽  
Theoretical Research ◽  
Practical Significance ◽  
Federal Law ◽  
Strategic Development ◽  
Axiomatic Analysis ◽  
Self Employment ◽  
Deductive Method ◽  
The Law

Abstract. Within the framework of a set of measures for the implementation of the national project on small and medium-sized enterprises and support for individual entrepreneurial initiative in accordance with the Decree of the President of the Russian Federation on national goals and strategic development tasks, the importance of involving citizens in independent production activities is reflected. In this regard, Federal Law No. 422-FL of 27 November 2018 (hereinafter referred to as the Law) initiated a tax experiment to establish a new special tax regime “Tax on Professional Income” (hereinafter referred to as the TPI). The purpose of the study is to determine the economic impact of the new tool on the involvement in economic turnover of such a form of self-employment in rural areas as personal subsidiary farms of citizens. Tasks: 1) using the deductive method of theoretical research to analyze the effect of the experiment on the application of the new special tax regime on the territory of Russia; 2) to consider in practical situations the options for applying the TPI for self-employed citizens; 3) systematize data on the calculation of naps in the form of a model that has theoretical and practical significance for the involvement of private subsidiary farms (hereinafter referred to as PSF) in an organized market. Research methods: deduction, axiomatic, analysis, synthesis, comparison, experiment, measurement. The scientific novelty and results is that according to the Law, a new target group is allocated – self-employed citizens who indicate services in different fields of activity. In agriculture, it is also necessary to direct the activities of PSF that sell their own products to an organized market. Results. In order to help improve financial literacy with the support of self-employed entrepreneurs, a comparative analysis of deductions for the calculation of professional income tax was conducted. Algorithms for calculating naps have been developed, which are the basis for considering practical situations. A model has been compiled that systematizes the procedure for applying the TPI for self-employed citizens.

scholarly journals WSPÓŁCZESNE UWARUNKOWANIA PLANOWANIA STRATEGICZNEGO ROZWOJU SPOŁECZNO-GOSPODARCZEGO MIASTA – WYBRANE ASPEKTY

2021 ◽  
Vol 36 ◽  
pp. 11-24
Author(s):  
Dorota Małgorzata Rynio
Keyword(s):  
Economic Development ◽  
Strategic Planning ◽  
City Management ◽  
Negative Effects ◽  
Strategic Development ◽  
Living Space ◽  
New Information ◽  
Social And Economic Development ◽  
The Times ◽  
The One

In the times of quick and widespread changes, innovations and new ways of city management, new approaches to planning of strategic development of urban entities are expected. Therefore there is a continuing search for possibilities of acquiring new information about the city market and ways to shape it, residents’ participation and involvement, and also creating city openness. Urban centres are not closed entities but they have strong relations with the local, domestic and global markets. There is a search for new directions and priorities in strategic planning of social and economic development, while the established goals follow consultations, workshops and meetings of various groups of urban stakeholders. The consequences of long-term implementation of a city’s image as open is, on the one hand, its recognisability, yet – on the other one – the experience of positive and negative effects of the implementation. The purpose of the study is to identify selected contemporary conditions of strategic planning of a city’s social and economic development, emphasising – in particular – the bases for creating a city’s openness, including the related opportunities and hazards. Another intention is to highlight innovative ways of collecting market information about needs and aspirations of city users, as well as to form the residents’ attitude towards their involvement in the development of their living space. The applied research methods include literature studies, benchmarking and reasoning.

Strategic planning and management for the public libraries

2009 ◽  
Vol 30 (4/5) ◽  
pp. 253-265 ◽  
Author(s):  
Petros A. Kostagiolas ◽  
Christina Banou ◽  
Evangelia‐Maria Laskari
Keyword(s):  
Strategic Planning ◽  
Public Libraries ◽  
Structured Interviews ◽  
Strategic Development ◽  
Content Type ◽  
Reading Policy ◽  
The Public ◽  
Planning And Management ◽  
Social And Economic Development ◽  
Cultural Cohesion

PurposeThe purpose of the paper is twofold: to provide an overview of the present situation at the Greek central public libraries and to identify strategic development areas in regard to education and training, social and economic development, e‐government, reading policy, cultural cohesion and identity.Design/methodology/approachA survey was conducted in January and February 2008 through extensive semi‐structured interviews with all the 29 Greek central public libraries.FindingsThe paper finds that a formal strategic plan is becoming necessary for the Greek central public libraries in order to understand themselves, redefine their policies and priorities, and further consider the needs and expectations of their users and of the society as a whole.Practical implicationsThis paper contributes to the discussion on the development of strategic planning aimed at the central public libraries in Greece and may assist in providing evidence for strategic planning in a national and/or in an institutional level.Originality/valueIt is one of the very few studies in Greece providing empirical evidence for the strategic planning and management of the central public libraries.

STRATEGIC PLANNING AND MANAGEMENT OF PROFIT ENTERPRISES IN THE DIGITAL ECONOMY

2018 ◽  
Author(s):  
Daria Bukreieva ◽  
◽  
Karina Tupitsyna ◽  
Anna Bolsha ◽  
◽  
...  
Keyword(s):  
Strategic Planning ◽  
Human Factor ◽  
Statistical Data ◽  
Digital Technologies ◽  
Digital Economy ◽  
Strategic Development ◽  
Definition Of ◽  
Management Functions ◽  
Almost All ◽  
Financial Result

The article is devoted to the topical issue of the strategic development of the enterprise in the digital economy. The advantages of enterprises that use the results of the digital economy in their activities have been established. The main characteristics of the digital economy are determined, approaches to the definition of terms are investigated. The state of profitability of Ukrainian enterprises by industry is analyzed on the basis of statistical data. Based on the results of the analysis of statistical data, it was determined that in the conditions of the pandemic and quarantine of the last two years, most sectors of the economy suffered losses. Only those industries that were vital and those that use modern information and digital technologies had a positive financial result of their activities. These calculations showed that it is fundamentally important to introduce digital technologies at enterprises in various sectors of the economy. The article lists the main seven stages of introducing digital technologies into the management activities of enterprises. The above stages of introducing digital technologies into the activities of enterprises are used both for general strategic transformations at enterprises, and for individual management functions. It also reflects the main benefits of introducing digital technologies into strategic planning and profit management in enterprises. The main obstacles that may arise during the implementation of digital technologies are highlighted, among which the main one is associated with the human factor. It is also indicated in the article that almost all enterprises in their activities can start with the introduction of technologies for working with big data, which allow to efficiently process large volumes of information, analyze it and make management decisions based on the results. An analysis of modern research in the field of digital technologies implementation showed that digital technologies are necessary not only in the current activities of an enterprise, but also in strategic and management functions, especially in planning and managing the company's profit.

The Basic Principles of Competitive Strategy

2015 ◽  
pp. 693-718
Author(s):  
Nabyla Daidj
Keyword(s):  
Strategic Planning ◽  
Competitive Advantage ◽  
External Environment ◽  
Strategic Thinking ◽  
Strategic Analysis ◽  
Sustainable Competitive Advantage ◽  
Complex Dynamic ◽  
Strategic Positioning ◽  
Basic Principles ◽  
Advantages And Disadvantages

Firms operate in a more and more complex, dynamic, less predictable environment. This situation requires following different approaches of strategic positioning and strategic planning and developing new patterns of strategic thinking. There are several strategic models and tools. Most of them have advantages and disadvantages. In spite of these limitations, these models must be examined. The purpose of this chapter is to conduct a strategic analysis (external and internal diagnoses). It familiarizes the reader with the forces that shape competition in a company's external environment and then analyzes internal strategic capabilities for identifying strategic sustainable competitive advantage.

scholarly journals Reality of Strategic Planning Practice from the Perspective of Education Faculty Members

2020 ◽  
Vol 10 (2) ◽  
pp. 127
Author(s):  
Mayada M. Al Basel ◽  
Rania W. Osman
Keyword(s):  
Strategic Planning ◽  
Weighted Average ◽  
Faculty Members ◽  
Strategic Analysis ◽  
Education Faculty ◽  
Planning Practice ◽  
Weighted Averages ◽  
Future Challenges ◽  
Descriptive Approach ◽  
Faculty Of Education

The present study aimed to identify the reality of strategic planning practice by the leaders of the Faculty of Education, Damietta University from the perspective of faculty members. Therefore, it adopted the descriptive approach based on a survey of (63) faculty members. It applied a five-domain questionnaire. Results revealed the weak practice of strategic planning from the perspective of the participants. "Future challenges" domain was ranked first and rated "high" with a weighted average of (3.62) and a percentage of (72.38%). "Preparation for strategic planning" domain was ranked second and rated "moderate" with a weighted average of (3.14) and a percentage of (62.74%). The 3rd, 4th, and 5th domains regarding "quadratic strategic analysis, implementation of the strategic plan, and evaluation and strategic oversight" were ranked low. Their weighted averages were rated (2.28-2.50) with a percentage of (49.91%-64.24%).

Sign in / Sign up

Export Citation Format

Share Document