scholarly journals Elaboration of scientific and methodological approaches to providing economic security of an enterprise as a key component of its management

2019 ◽  
pp. 93-105
Author(s):  
Volodymyr Ya. Nusinov ◽  
Ievgeniia V. Mishchuk
Keyword(s):  
Methodological Approach ◽  
Value Added ◽  
Business Environment ◽  
Economic Security ◽  
Security Level ◽  
Business Practices ◽  
Internal Standards ◽  
Stakeholder Satisfaction ◽  
Scientific Approach ◽  
Methodological Approaches

The purpose of the research. The purpose of the article is to elaborate scientific and methodological approaches to providing economic security of an enterprise as a key component of its management. Methodology. The study applies general scientific theoretical methods – generalization, explanation, grouping – to analyzing economists’ and practitioners’ ideas about the object of the research and formulating conclusions of content analysis of primary sources, analysis and synthesis – to substantiating a new scientific approach to ensuring economic security of an enterprise. Results. Specific features of economic security of an enterprise as an object of management are taken into account as those revealing themselves in nonlinearity of links between its current level and the implemented set of managerial actions. To assess the results of ensuring economic security, its dynamic parameters have been substantiated including those of operational excellence as an internal prerequisite of its provision and market sustainability as an external form of manifesting internal systemic characteristics of a business. A methodological approach to assessing results of ensuring economic security of an enterprise is suggested on the basis on assessing the degree of correspondence of the above parameters (provision planes) to enterprises’ internal standards, industry averages and the best current business practices. Implementation of the suggested methodological approach to assessing the results of ensuring economic security in retrospective enables empirical confirmation of the fact that internal operating prerequisites and market positions of mining and metallurgical enterprises are determined by used/unused opportunities of the business environment for a certain period of time. Styles of ensuring the economic security of the enterprises under study are identified. It is revealed that the regressive style, which manifests itself in overestimation of internal standards with a dangerous degree of compliance with the best business practices is prevailing. It has been substantiated that its use puts the economic security level in a critically dangerous dependency on the market situation and, taking into account current trends in the economic and political environment, makes it possible to predict a decline in the economic security level of the enterprises under study in the near future: the global economic decline, increased protectionism on the markets, increased tax burden, increased environmental tax rates, etc. Practical importance. A scientific approach to ensuring economic security of an enterprise has been substantiated which integrates the strategic and operational levels of management and ensures minimization of the degree of inconsistency of the internal system characteristics of the business with stakeholders’ e requirements and trends in the external environment based on the use of opportunities for increasing value added streams in the context of permanent dynamic changes in the functioning of the enterprise. Further research is devoted to development of methodological approaches to taking into account the third plane of ensuring economic security – “stakeholder satisfaction”.

scholarly journals The Use of Innovative Technologies to Ensure Economic Security of the Russia in the Context of Globalization

2021 ◽  
Vol 92 ◽  
pp. 04024
Author(s):  
Irina Zhulega ◽  
Evelina Sycheva ◽  
Alexandr Samoylov
Keyword(s):  
Methodological Approach ◽  
Value Added ◽  
Economic Security ◽  
Global Competition ◽  
Innovative Development ◽  
Global Level ◽  
Innovative Technologies ◽  
Global Indices ◽  
Global Innovation ◽  
Methodological Approaches

Research background: Global competition constantly sets new goals for each state in the field of economic security. The globalization process covers all new areas of activity and technology. To ensure economic security, in addition to information and financial technologies, innovative technologies are joining. In order to manage innovative development, scientific and methodological approaches are necessary, which is the current background of this work. Purpose of the article: The purpose of the study is to analyze and evaluate the use of innovative technologies to ensure the economic security of Russia in the context of globalization changes. The objective of the study is a comparative assessment of the dynamics of innovative development of Russia and the leading countries at the global level. Methods: As a scientific and methodological approach to monitoring and analyzing the level of development of innovative processes to ensure economic security, based on a study of available statistical sources, it is proposed to use indicators - Global Innovation Index (GII) 2019. Findings & Value added: Globalization and economic security affect all aspects of the economy. Economic security can be considered as a process of maintaining a state, the signs of which correspond to economic security in the context of globalization changes. Global indices of innovative development make it possible to assess the level of development of modern processes in the field of economic security and determine strategic priority development vectors in the future in order to strengthen the country’s economic positions and competitiveness on a global level.

Adapting the scrum methodology for establishing the dynamic inter-organizational collaboration

2018 ◽  
Vol 31 (4) ◽  
pp. 852-866 ◽  
Author(s):  
Mohammad Reza Mollahoseini Ardakani ◽  
Seyyed Mohsen Hashemi ◽  
Mohammadreza Razzazi
Keyword(s):  
Value Added ◽  
Business Environment ◽  
Professional Organizations ◽  
Business Practices ◽  
Content Type ◽  
Incremental Method ◽  
Business Environments ◽  
Project Life Cycle ◽  
Modern Business ◽  
Project Life

Purpose The purpose of this paper is to propose an applicable method for establishing the dynamic inter-organizational collaborations (DIOCs) based on the scrum methodology. Design/methodology/approach The scrum methodology embedded within the context of the DIOC project life cycle was used and adapted to being usable with specific characteristics of the project. Findings In order to succeed in the highly competitive, dynamic and changing business environments, the organizations need to change their view of business practices. The transition from the traditional status of manufacturing to the inter-organizational collaborations can be one of the fundamental changes in the modern business management. The proposed method has the capability to establish DIOCs effectively and efficiently whilst guaranteeing agility, competitiveness, and risk timely management. Originality/value Establishing collaborative alliances via association of various experienced and professional organizations and producing the value-added market’s need services is an effective and efficient solution for survival of SMEs in the current competitive, dynamic and changing business environment. So far, different frameworks, reference models/architectures, and many theoretical discussions have been presented for DIOCs context, but these representations are conceptual, empirical and generic. This paper aims to propose an applicable iterative and incremental method for establishing the DIOC which guarantees the agility and risk timely management of the establishment process and promotes competitiveness of partners.

scholarly journals Analysis of the state of use of methodical approaches to assessing the enterprise's economic security level

2020 ◽  
Vol 31 (1) ◽  
Author(s):  
Yu. M. Yakymenko ◽  
◽  
T. M. Muzhanova
Keyword(s):  
Economic Security ◽  
The State ◽  
Security Level ◽  
Methodological Approaches

The article explores the features of using methodological approaches in the field of security, analyzes existing methods and offers recommendations on the use of tools to assess the level of economic security of an enterprise.

scholarly journals Improvement of Methodological Approaches to Determining Directions of Ensuring Financial Security of Insurance Companies of Ukraine

2021 ◽  
Vol 39 (5) ◽  
Author(s):  
Oleg A. Diegtiar ◽  
Olena A. Lutsenko ◽  
Liudmyla A. Polyvana ◽  
Tetiana A. Pushkar ◽  
Hanna A. Zhovtyak
Keyword(s):  
Methodological Approach ◽  
Financial Economic ◽  
Economic Security ◽  
Insurance Companies ◽  
Financial Security ◽  
Insurance Company ◽  
Insurance Sector ◽  
Destabilizing Factors ◽  
Methodological Approaches ◽  
Definition Of

Financial security of the insurance market significantly affects the financial, economic and social stability of society and should be included in the range of problems that are directly related to the issues of financial security of Ukraine. The main purpose of the article is to set out and solve the problem of improving methodological approaches to determining the directions of ensuring the financial security of insurance companies in Ukraine. The main functional tasks of financial security of insurance companies are identified. It has been proved that financial security is a component of economic security and a refined definition of this category has been provided. Destabilizing factors of influence on financial security of insurance companies have been identified and analyzed. A methodological approach to managing the financial security of an insurance company has been developed. A complex of proposals for the development of the insurance services market has been formed as a basis for strengthening the financial security of insurance companies. It was concluded that the insurance sector of Ukraine can actively develop provided that there is a clear theoretical and methodological justification of the toolbox, the implementation of a methodological approach to managing the financial security of the insurance company, taking into account all the problems and proposals for its continuous improvement and development in the changing conditions of the present.

scholarly journals Improvement of analytical support of economic security management of the agricultural enterprises

2021 ◽  
Vol 7 (3) ◽  
pp. 123-141
Author(s):  
Stanislav Vasylishyn ◽  
Oleksandr Ulyanchenko ◽  
Tetiana Bochulia ◽  
Yuliia Herasymenko ◽  
Oleksandr Gorokh
Keyword(s):  
Methodological Approach ◽  
Security Management ◽  
Business Environment ◽  
Economic Security ◽  
Practical Significance ◽  
Integral Approach ◽  
Accurate Information ◽  
Social Resource ◽  
Agricultural Enterprises ◽  
The Impact

Purpose. Under the conditions of strengthening of the destructive effects of the global economic crisis and the growing number of risks of agribusiness, there is a problem in finding the ways to improve accounting and analytical support as the only reliable source of the relevant and accurate information needed for economic security management. The purpose of the article is to substantiate the directions to improve the analytical basis as a component of accounting and analytical support of economic security management of the agricultural enterprises. Methodology / approach. The methodological basis of the research is a dialectical method of cognition of the complex economic phenomena. Consideration of the analytical support of complex management processes took place using a systematic approach, analysis and synthesis. Using an integral approach, a methodology for assessing and analyzing economic security of the agricultural enterprises is developed. This methodology approach includes the parameters of financial, social, resource and environmental security. Results. The analysis of the theoretical and methodological foundations of accounting and analytical support of economic security management showed a variety of the approaches to the choice of the indicators that describe the level of economic security. The situation is complicated by the need to analyze the information that may be relevant for management decisions in conditions of uncertainty. Under these conditions, it is proposed to implement a model of analytical support for economic security management under conditions of uncertainty and growing risks and threats to the business environment of the agricultural enterprises, which should be based on the use of general economic, statistical, integral and econometric approaches. It is determined that in the process of counteracting the risks and threats of the external and internal environment of the agrarian business the use of the integral methods of assessing economic security of the agricultural enterprises becomes crucial. It is substantiated that the most expedient in terms of achieving strategic goals of the enterprise, maintaining its competitive advantages and ensuring sustainable development is the use of integral assessment of economic security, which should be based on a synergistic approach to analysis of 25 indicators of financial, social, resource and environmental components. The approach was tested on the example of 24 agricultural enterprises of Kharkiv region (Ukraine) of crop specialization (2019). The model is also used to analyze the dynamics of the level of economic security under conditions of individual agricultural enterprises of different organizational and legal forms of management (2014–2019).  Originality / scientific novelty. According to the results of the research, a methodological approach to determination of the integral level of economic security of the agricultural enterprises has been improved, based on the impact of the indicators of its individual components, which, at the same time, improves the analytical support of economic security management and strengthens verification, forecasting, preventive, planning and control functions of accounting and analytical support of management mechanisms. Practical value / implications. The practical significance of the proposed approaches consists of the possibility of positioning the enterprises in terms of optimal, satisfactory, shaky and crisis economic security zones, as well as analyzing the dynamics of the integral level of economic security, which takes into consideration the causal relations of the key areas of the agrarian business under conditions of uncertainty.

scholarly journals Methodological Approaches to Estimating the Progress of Universities in Lean Production

2021 ◽  
Vol 2020 (4) ◽  
pp. 568-579
Author(s):  
Anna Chelombitko
Keyword(s):  
Lean Production ◽  
Rapid Development ◽  
Methodological Approach ◽  
University Management ◽  
Stakeholder Satisfaction ◽  
State Technological ◽  
Methodological Approaches ◽  
Medical University ◽  
Technological University ◽  
Quantitative Indicators

The rapid development of lean production in Russian universities needs new methodological approaches to assess the ongoing processes. The research objective was to develop a new methodological approach to the progress assessment of lean production at universities. The approach is based on the effect of principles, tools, and scope of lean production on its qualitative and quantitative indicators, e.g. the number of methods, projects implemented, work standards, etc. This approach makes it possible to determine the development level of lean production systems on the basis of quantitative indicators, as well as to compare different universities with each other. The experiment featured two universities of the Association of Lean Universities, namely Maikop State Technological University and Kuban State Medical University. In terms of the main indicators, both universities appeared to be quite similar: they had almost the same number of implemented projects, mapped flows, and visualizations, as well as the level of time savings and stakeholder satisfaction. This result can be explained by the general policy of implementing lean production, as well as by a shared scientific and methodological basis. Kuban State Medical University had a slightly greater coverage of training in the field of lean production, standardization, etc. Maikop State Technological University proved to be more active in studying the needs of stakeholders and student involvement. Both universities paid insufficient attention to the cost assessment of the results of lean production. They also had poor management indicators for sustainability processes. The developed methodology may be of interest for university management, since it helps to substantiate decisions made on the basis of a comparative analysis. It can also serve as a basis for a new ranking of lean universities.

scholarly journals Methodological approaches to determining the integrated state and margin of economic security with regard to its provision

2020 ◽  
pp. 59-69
Author(s):  
Ievgeniia Mishchuk
Keyword(s):  
Methodological Approach ◽  
Integrated Approach ◽  
Economic Security ◽  
Primary Sources ◽  
Security Assessment ◽  
Matrix Approach ◽  
Control Factors ◽  
Analysis And Synthesis ◽  
The Matrix ◽  
Methodological Approaches

Purpose of the research. The article aims to develop methodological approaches to determining the integrated state and margin of economic security with regard to its provision. Methodology. The following general scientific theoretical methods are used in the study: generalization, explanation, grouping – to analyse economists’ and practitioners’ views on the object under study and draw conclusions upon analysis of primary sources; analysis and synthesis – to justify a new differentiated-integrated approach to economic security assessment; the matrix approach – to integrate the level of economic security and its temporal state and determine the margin of economic security. Results. The article presents methodological approaches developed to determine the integrated state of economic security of an enterprise. It is proposed to understand the integrated state of economic security as its value at a specific date of assessment determined considering the achieved level and temporal state of economic security at a given moment. The article presents a matrix approach to determining the current economic security and proposes an additional indicator of expediency of security provision measures based on the time criterion. The proposed methodological approach to determining the margin of economic security of the enterprise with regard to its provision is based on qualitative and quantitative approaches to its assessment. The approach involves comparison of the value of the level of economic security provision with the integrated state of security resulted from corresponding measures. Practical meaning. The use of the indicator of the margin of economic security with regard to its provision in practical activities of enterprises enables their management to consider beyond-control factors and on this basis make decisions on strengthening (acceleration) or, on the contrary, weakening and economy of implemented measures and programmes aimed to enhance economic security. Prospects for further research. Further research by the author is devoted to development of a methodology for determining the integrated state of medium-term and strategic economic security and, accordingly, identifying the margin of economic security that may occur when these types of economic security are provided.

scholarly journals Central and Eastern European Experience of the X-Culture Project in Teaching International Management and Cross-Cultural Communication

2018 ◽  
Vol 10 (1) ◽  
pp. 5-41
Author(s):  
József Poór ◽  
Csaba Kollár ◽  
Zoltán Szira ◽  
Vas Taras ◽  
Erika Varga
Keyword(s):  
International Student ◽  
Value Added ◽  
Business Environment ◽  
Business Practices ◽  
Development Programs ◽  
Professional Networks ◽  
Business Plans ◽  
Cross Cultural Communication ◽  
European Experience ◽  
Course Material

Abstract Objective: Our paper examines the X-Culture challenges and experience through the eyes of professors and students alike and draws attention to the significance of such projects in international business practices in addition to examining the key influencing factors of interculturalism and ICT technologies. Methodology: The students were asked to share their experience with us in a report or at an interview. Most participants considered the program to be very useful. They made the greatest progress in understanding and communicating with others and also appreciated working and collaborating with the others from different working cultures. The research was carried out in the countries of Eastern Europe to present our experience. Findings: One of the consequences of globalization is that the various forms of contact are becoming independent of place. Adaptation to the new dimensions can be eased if the students can take part in international cooperation. A lot of students have improved their chances of landing an attractive job on the labor market and extended their social and professional networks by participating in X-Culture International Student Collaboration Project. Challenges were posed mainly by differences in time, but also cultural differences and language barriers were frequent. Value Added: The students of our universities have taken part in the X-Culture program. In addition to studying the course material and gaining special skills in writing business plans, challenges can be experienced, and best practices learned. Recommendations: It is extremely important in shaping the business environment of future workplaces so that is why such programs should be included in the curricula of business schools and management development programs.

scholarly journals Comparison of Value Generation Strategies Between Planned and Emerging Strategies: A Study Based on Games of Companies

2012 ◽  
Vol 11 (1) ◽  
pp. 152-177
Author(s):  
Marcos Paixão Garcez ◽  
Antonio Carlos Aidar Sauaia
Keyword(s):  
Decision Making ◽  
Methodological Approach ◽  
Value Added ◽  
Business Environment ◽  
Theoretical Background ◽  
Competition And Cooperation ◽  
A Value ◽  
Weak Approximations ◽  
Concept Evolution ◽  
New Evidence

This study aims to analyze the economic results of the planned strategies compared to the emergent strategies in decision-making. The theoretical background emphasizes some aspects, like the strategy concept evolution throughout the time, the typology of strategies proposed by Mintzberg, the comparison between competition and cooperation, and the use of a business simulator as a tool for business research purposes. As a controlled experiment, the EGS simulator (Management Exercise Simulated) allowed comparison of the economic results of the two decision-making situations. The findings show that when planned strategies were implemented without corrections, the value generated (expressed by the internal rate of return IRR = 1.51%) was greater than in the case of adjusted emerging strategies in three periods (IRR= 1.40%). Comparing the two situations, it is possible to find a value added advantage of 7.86% in favor of the planned strategies, indicating the competition might be responsible for the value decreasing in real environment. Analyzing the performance degrees reached by the competitors, the ranking results show that there is no association between planned strategy and emerging strategies. Although the business simulators can be considered weak approximations for the business environment, the experiment contributed new evidence of the competition rise in oligopoly industries and a new methodological approach for studying this phenomenon.

scholarly journals Updating Approaches to the Assessment of the Economic Security Level of an Enterprise

2020 ◽  
pp. 234-243
Author(s):  
Viktoriya Kudrevich ◽  
Oksana Trilitskaya ◽  
Yuliya Pechak
Keyword(s):  
Economic Security ◽  
Security Level ◽  
Financial Conditions ◽  
Modern Enterprise ◽  
Separate Area ◽  
Methodological Approaches ◽  
The Republic ◽  
Crisis Conditions ◽  
High Level ◽  
The Relationship

The crisis conditions of economic development, the growth of the number of unprofitable enterprises, high level of bankruptcy and other unfavorable economic factors encourage the search for ways to improve the efficiency of economic entities and ensure their stable functioning. One of these areas is the provision of the economic security of an enterprise. The ways to ensure the economic security of enterprises have many features, so recently this problem has become a separate area of research. The purpose of the article is to determine and summarize the criteria and methods for the assessment of financial and economic security of domestic enterprises, establish the relationship between them on the basis of the analysis of existing scientific approaches. The paper presents the systematization and generalization of scientific works of many scientists, analyzes the existing conceptual apparatus of determining financial and economic security of an enterprise, and generalizes scientific approaches to the assessment of the level of financial and economic security at the macro level. The article analyzes the methods and approaches used to determine the level of economic security of a modern enterprise. The article defines the dependence between indicators of financial and economic activity of enterprises and a condition of their economic safety. The authors make the generalization of existing methods of assessing the economic security of an enterprise, analyze their features, and choose the methods which are expedient to the use in the diagnostics of economic security of a modern enterprise. The researchers analyze economic security of one of the largest enterprises of the Republic of Crimea – PJSC “Crimean Soda Plant” according to a set of indicators for the assessment of financial conditions and define the indicators and boundaries above (below) which the enterprise under analysis faces financial crisis. The prospect of further research in this direction is the choice of criteria (indicators) for the assessment of economic security of an enterprise, system of indicators charactering it, and methodological approaches determining the level of financial and economic security.

Sign in / Sign up

Export Citation Format

Share Document