scholarly journals CONSTRUCTION OF DIGITAL COMPONENTS OF CRISIS MANAGEMENT TOOLS FOR CONSTRUCTION COMPANIES

2021 ◽  
pp. 131-140
Author(s):  
Andrіy Gizhko ◽  
Iryna Ivakhnenko ◽  
Oleksandr Dykyi ◽  
Tetyana Ishchenko ◽  
Tetyana Savchuk ◽  
...  
Keyword(s):  
Crisis Management ◽  
Economic Security ◽  
Expert Assessment ◽  
Limited Information ◽  
Management Decisions ◽  
Management Tools ◽  
Construction Companies ◽  
Financial Condition ◽  
Identification Analysis ◽  
Digital Components

The article highlights the main aspects and objectives of crisis management, which involves the use of specific management, financial and organizational methods and tools to maintain the appropriate level of economic security of domestic construction companies in the digitalization of the economy. Under these conditions, the creation of such a decision support system, which would allow timely identification of the state of the managed system, even with limited information and indirect signs of increasing crisis trends, as well as to create a basis for predicting possible consequences. These tasks are solved in the process of diagnosing the financial condition of the enterprise as part of crisis management. The crisis management system has properties that determine the features of the management mechanism: flexibility and adaptability, the ability to diversify and timely situational response, as well as the ability to effectively use the potential of the enterprise and informal management methods. These features of the mechanism of crisis management are provided by solving diagnostic tasks, which include timely recognition of symptoms, factors and causes of the crisis, classification of the latter, expert assessment of crisis measures and prospects for the development of the object of management. Diagnosis of financial condition is a multifactorial system of support for management decisions, based on a fundamentally new antisipative concept of management. Such a system is designed to provide comprehensive identification, analysis, elimination and forecasting of enterprise problems in order to ensure the adoption of advanced management decisions aimed at achieving its strategic and tactical goals.

DYNAMIC MONITORING IN ANTI-CRISIS MANAGEMENT OF STATE ECONOMIC SECURITY

2017 ◽  
pp. 108-111
Author(s):  
Ruslan Savenko
Keyword(s):  
Social Security ◽  
Crisis Management ◽  
Management System ◽  
Economic Security ◽  
Dynamic Monitoring ◽  
Systematic Observation ◽  
Management Decisions ◽  
Ecological Economic ◽  
Efficient Management ◽  
Research Institute

UDC 6585:330   Savenko Ruslan, doctor of sciences, professor. Poltava national technical Yuri Kondratyuk university. Dynamic monitoring in anti-crisis management of state economic security. This paper aimed at the problem of improvement the management system of economic security of natural use objects on a regional level using the organized digital dynamic monitoring for informational provision and justifying the options of efficient management decisions of operative and strategic importance by criteria of ecological, economic and social security. Monitoring of the regional (territorial) natural objects provides constant systematic observation of the processes that take place inside of a “region-state” system and at world’s natural resources market. It needed to create the informational database for efficient management of a nature-use system. We suggest plan of making the scientific and research institute in PoltNTU for conducting investigations based on continuous informational monitoring. Keywords: monitoring, management system, ecological-economic-social security, natural use resources, algorithm, scientific and research institute, management decisions.

scholarly journals Assessment of the level of economic security of forestry enterprises in the Ukrainian Polisia zone

2020 ◽  
Vol 4 (2) ◽  
pp. 52-67
Author(s):  
Larysa Cherchyk ◽  
Alexander Shubalyi ◽  
Nina Khumarova ◽  
Artur Cherchyk
Keyword(s):  
Economic Security ◽  
Forest Area ◽  
Enterprise Management ◽  
Economic Activities ◽  
Management Decisions ◽  
Additional Information ◽  
Financial Condition ◽  
Technological Base ◽  
Forest Enterprises ◽  
Security Indicators

Introduction. Under such conditions, the problem of assessing the economic security of enterprises is actualized, which is designed to identify threats that arise in the competitive environment and the internal environment of the enterprise, to identify strengths and weaknesses in the activities of the enterprise, on the basis of which management decisions are made at the strategic level, to prevent negative situations at the operational levels of enterprise management. Aim and tasks. The purpose of the study is to assessing the economic security of forest enterprises in the Ukrainian Polissya region. Objectives of the study: generalization of scientific approaches to assessing the economic security of enterprises; determination of criteria for assessing the economic security of forestry; development and testing of methods for assessing the economic security of forestry in the Ukrainian Polissya region. Results. The calculations show a high and sufficient level of economic security in the studied forestry enterprises. However, there is a decrease in financial security indicators, which requires the adoption of current and strategic management decisions to improve financial results and improve the financial condition of forestry enterprises. The main problem is the inefficient structure of exports, namely the predominance of products with low benefit and insufficient investment in the development of technical and technological base. The proposed system of criteria and indicators can be significantly expanded depending on the ability of researchers to obtain additional information about the economic activities of forestry enterprises. Conclusions. A proposed method of assessing the level of economic security of forestry enterprises, which provides for determining the compliance of the current state of the business entity development goals (desired state), provides for the use of traditional indicators covering the main areas of economic activity of forestry enterprises. It is only important that the sample of forest enterprises is formed on the basis of belonging to the common forest area, similarity of forest area and forest area of these enterprises, as well as other factors that researchers may consider essential for the choice.

RELEVANCE OF ANTI-CRISIS MANAGEMENT DECISIONS IN THE MANAGEMENT OF ENTERPRISES DURING THE PANDEMIC PERIOD

2021 ◽  
Vol 2 (6) ◽  
pp. 110-117
Author(s):  
A. S. SUYARKOV ◽  
◽  
S. L. OZEROV ◽  
E. V. GENKIN ◽  
◽  
...  
Keyword(s):  
Crisis Management ◽  
Economic Crisis ◽  
Financial Stability ◽  
External Environment ◽  
Economic Security ◽  
Research Review ◽  
Scientific Article ◽  
Management Decisions ◽  
Russian Economy ◽  
Main Factors

The scientific article is devoted to a research review of tools, methods, directions and practical recom-mendations aimed at the application of management decisions of anti-crisis management while ensuring the economic security and financial stability of the functioning of enterprises of the economy of the Russian Fed-eration in the context of the spread of the COVID-19 coronavirus pandemic. The relevance of the study is due to a sharp deterioration in the external environment, due to which the domestic business is faced with the actual onset of the economic crisis, which, in turn, forces the use of anti-crisis management mechanisms. The article analyzes the main factors leading to the formation of the crisis period of the Russian economy in the context of the coronavirus. The characteristics of anti-crisis management are described. The main anti-crisis management decisions of Russian enterprises during a pandemic, which can provide a way for a business from a crisis, are listed.

ANTI-CRISIS MANAGEMENT IN CORPORATIONS

2018 ◽  
Author(s):  
Viktoria Kyfyak ◽  
◽  
Yelyzaveta Halyuk ◽  
Keyword(s):  
Crisis Management ◽  
Driving Forces ◽  
Management Strategies ◽  
Practical Importance ◽  
Management Tools ◽  
Financial Condition ◽  
Business Results ◽  
The Right ◽  
Economic Nature ◽  
And Control

New challenges caused by the COVID-19 have actualized the neсcessary to rethink the use of mechanisms for the crisis management functioning in corporations, which are the main driving forces of the economy and set the change vector in business activity. Anti-crisis management is a comprehensive model of preventive management, acting to neutralize or mitigate crisis situations. The article considers the concept and practice of crisis management in corporations, outlines the main stages and crisis management strategies research in the world, makes their comparative analysis. The article substantiates that one of the ways to improve the enterprise financial condition is to choose the right anti-crisis strategy, which will ensure the reduction of financial problems, the bankruptcy risks and enterprise liquidation, as well as to coordinate management decisions with practical actions, which will highlight the priority problems and provide improvement in crisis. It is proved that the use of anti-crisis measures should be comprehensive and continued research is mandatory. It is established that the positive results achievement of the use of crisis management tools can be ensured with their purposeful coordination between the employee and the manager, a clear sequence of tasks, the urgency of decision-making, etc. The practical importance of crisis management using is to optimize the economic nature of its use, which can be found by continuous monitoring of the enterprise environment using a systematic approach, methods of strategic analysis and control. This article analyzes the crisis management features in business and concludes about the mechanism of using crisis management to obtain the desired business results. It is concluded that the choice of one or another crisis management strategy, as well as its success depends on specific conditions, the analysis of which should be paid special attention. The effectiveness of crisis management is determined not by how successfully the management of the enterprise managed to prevent the crisis, but by how well the organization was prepared for it.

THE CONCEPT, TYPES, TASKS AND THE NEED FOR THE USE OF URGENT INVESTMENT TOOLS OF CRISIS MANAGEMENT AT ENTERPRISES

2017 ◽  
Author(s):  
Oksana Yurynets ◽  
Keyword(s):  
Crisis Management ◽  
Economic Condition ◽  
Negative Impact ◽  
Negative Influence ◽  
Management Program ◽  
Management Tools ◽  
The Subject ◽  
Effective Development ◽  
Selection Of

Currently, many Ukrainian enterprises are in crisis. Getting out of this situation requires the use of various types of urgent crisis management tools, among which investment instruments play an important role. The purpose of this article is to form the theoretical basis for the use of urgent investment tools of crisis management at enterprises. It was found that the urgent investment tools of crisis management in the enterprise should be understood as ways of immediate (urgent) investment actions which are aimed at eliminating or reducing the negative impact of the crisis on the economic condition of the enterprise and ensuring its further effective development. These instruments are grouped according to the following characteristics: the environment in which the relevant instruments are formed and operate, the relation to the current owners of the enterprise, the effectiveness of implementation, the duration of the effect of implementing instruments, the urgency of their implementation, the areas of investment, the objectives of application, the duration of application, the types of financial and economic crises at the enterprise, the elimination (reduction) of the negative influence of which the corresponding tools are directed at, the subject of investment. It is established that the main tasks of using investment urgent tools of anti-crisis management at the enterprises are: selection of the best types of investment urgent tools of anti-crisis management; selection of the best variant of each type of urgent investment tools of crisis management; setting deadlines for the implementation of selected types and options for urgent tools of crisis management at the enterprise; determination of the optimal amount of total investments that should be invested in the implementation of the crisis management program at the enterprise, and the corresponding to this volume of the general list of investment urgent tools of such management; identifying the best sources of investment and establishing the best structure of investment in terms of these sources.

scholarly journals Assessment of the borrower's credit capacity using discriminative analysis

2020 ◽  
pp. 25-28
Author(s):  
Olena SHEPTUKHA ◽  
Anna LAPTIEVA
Keyword(s):  
Discriminant Analysis ◽  
Western Europe ◽  
Correct Choice ◽  
The United States ◽  
Economic Security ◽  
Accurate Identification ◽  
Class A ◽  
Financial Condition ◽  
Banking Institutions ◽  
Probability Of Bankruptcy

Introduction. At the present stage of economic development in the organization of credit relations uses a significant number of approaches and methods to determine the creditworthiness of the borrower. Today, banking institutions are developing different approaches to the analysis of the borrower's creditworthiness. Moreover, each bank determines its own method of assessing the financial condition of a potential borrower, taking into account the specific terms of the contract. Assessment of creditworthiness of the enterprise by the method of discriminant analysis is carried out by calculating and interpreting the integrated indicator of financial condition. The purpose of the paper is to determine the nature and assessment of the borrower's creditworthiness using the methods of discriminant analysis. Results. Assessing the borrower's creditworthiness is a topical issue that affects the success and effectiveness of its lending activities. That is why the article is devoted to defining the nature and assessment of the borrower's creditworthiness using the methods of discriminant analysis. It assessed the creditworthiness of PJSC "Kharkiv Biscuit Factory" using foreign and domestic methods of assessing the creditworthiness of the borrower. It was determined that the main disadvantage of foreign models is that they are developed based on a study of enterprises in the United States and Western Europe. Weights are not adapted to modern conditions of transformation of the domestic economy and do not take into account the specifics of Ukrainian enterprises. These models have several significant limitations. They can be used only as additional models in parallel with modern domestic models. Calculating the probability of bankruptcy of PJSC "Kharkiv Biscuit Factory" according to foreign and domestic methods can give a clear conclusion about the financial condition of the enterprise. The above-mentioned methods demonstrate the absence of probability of bankruptcy at PJSC "Kharkiv Biscuit Factory". Conclusion. In general, the degree of reliability of the assessment of economic security of the enterprise and a set of necessary measures to prevent possible threats depend on the accurate identification of threats, the correct choice of a system of indicators for diagnosis. According to the results of calculations, it was determined that the company belongs to class A, which is characterized by high financial condition.

Assessment of methods for analyzing the economic security of the university

2021 ◽  
Vol 20 (12) ◽  
pp. 2365-2384
Author(s):  
Elizaveta E. ERMOSHINA
Keyword(s):  
Higher Education ◽  
Security Analysis ◽  
Education Institution ◽  
Economic Security ◽  
Management Decisions ◽  
Advantages And Disadvantages ◽  
Analysis And Synthesis ◽  
Commercial Organizations ◽  
The University ◽  
Methodological Guidelines

Subject. The article investigates the analysis of economic security of a higher education institution. It defines its directions, analytical indicators, methodological guidelines, considering the specific nature of activity, which contribute to improving the economic security and the quality of management decisions made by key executives of universities. Objectives. The purpose is to conduct a critical review and evaluate the main methods of economic security analysis of higher education institutions, taking into account the specifics of their activities. Methods. The study rests on general and specific methods of cognition (analysis and synthesis, induction and deduction, grouping, comparison, etc). Results. I reviewed the existing methods of analyzing the economic security of commercial organizations and higher educational institutions, systematized advantages and disadvantages of methods developed by scientists, substantiated the need to introduce diagnostic indicators to improve the quality and efficiency of analytical information for making informed management decisions. The paper offers to conduct an analysis of economic security, using indicators of intensity and productivity of labor, which consider the specifics of activities of universities in comparison with other organizations of the public sector. Conclusions. Currently, there is no unified approach to the analysis of economic security of universities. The conducted critical assessment of methodology may form a basis for further development of ideas and methodological guidelines on the analysis of economic security, and informed and effective management decisions.

Social Media for Disaster Awareness and Management

2019 ◽  
pp. 82-116
Author(s):  
Akhila Manne ◽  
Madhu Bala Myneni
Keyword(s):  
Social Media ◽  
Emergency Management ◽  
Crisis Management ◽  
Disaster Management ◽  
Situation Awareness ◽  
Event Detection ◽  
Classification Methods ◽  
Management Tools ◽  
Awareness Information ◽  
Disaster Management System

Social media has redefined crisis management in the recent years. Extraction of situation awareness information from social media sites such as Twitter, Facebook, Instagram, etc. is a non-trivial task once the required framework is established. Unfortunately, most public safety authorities are still suspicious of using social media in engaging and disseminating information. This chapter reports on how social media can be effectively used in the field of emergency management along with the opportunities and challenges put forth. The chapter starts with a discussion on the functions of social media and its trustworthiness. It provides a description of the framework for disaster management system and the methodology to be adopted. The methodology consists of volunteer classification, methods of data collection, challenges faced, event detection, and data characterization with currently available disaster management tools. The chapter concludes with the division between practice and research and moves toward envisioning how social media may be used as a resource in emergency management.

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