scholarly journals Modern aspects of innovative development of construction companies

2021 ◽  
Vol 2 (47) ◽  
pp. 40-47
Author(s):  
I.О. Shaposhnikova
Keyword(s):  
Construction Industry ◽  
Economic Assessment ◽  
Innovative Activity ◽  
Innovative Development ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Industrial Enterprises ◽  
The Impact

The article is devoted to the analysis of modern aspects of innovative activities of construction companies. The problems of introducing innovations, which construction enterprises are faced with today, have been investigated; the impact of the identified problems on the activities of enterprises in the construction industry is noted; attention is paid to the organization of activities, management methods, search for sources of funding for innovations and assessment of the effectiveness of their implementation. The priorities for the further development of enterprises in the construction industry and the main strategic steps in the implementation of innovations have been determined. Attention is focused on the need to introduce innovations into the activities of the enterprise to ensure stable competitiveness. It is noted that among the methods of effective management of innovations, it is necessary to focus on those that will allow the construction company to improve its competitive position in the market. The advantages of introducing innovations into the activities of construction enterprises are analyzed. The main directions of innovative development in the construction industry and the types of innovations in terms of functional orientation have been determined. It is proposed to develop projects for innovative development of enterprises, taking into account the latest world developments in the construction industry. The necessity of conducting economic assessment and risks when introducing innovations has been substantiated. The specified sources of financing for innovative projects, both state and at the enterprise level. The sources of financing the innovative activity of industrial enterprises for five years, as well as the number of applications for utility models in the direction of "construction" are analyzed. The main methods of organizing the innovative activity of a construction enterprise are considered. The sequence of actions for the implementation of innovative development in the activities of construction enterprises has been determined. The main risk factors that enterprises face when introducing innovations into their activities have been identified. The main principles of the risk management system for the innovative development of the enterprise have been determined, should be aimed at mitigating the impact of risks on the final results of the enterprise.

SUBSTANTIATION OF THE METHODICAL APPROACH TO ASSESSING THE INNOVATIVE DEVELOPMENT OF CONSTRUCTION ENTERPRISES

2017 ◽  
Author(s):  
Sviatoslav Kniaz ◽  
◽  
Ruslan Skrynkovskyy ◽  
Marcel Kurt Mainka ◽  
Roman Rusyn-Hrynyk ◽  
...  
Keyword(s):  
Construction Industry ◽  
Methodological Approach ◽  
Innovative Technology ◽  
Innovative Development ◽  
Construction Company ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Current Trends ◽  
Methodical Approach ◽  
Innovative Solution

The purpose of the article is to improve the methodological support for a comprehensive assessment of the innovative development of enterprises in the construction industry. Based on the results of the study, the strengths and weaknesses of existing approaches were critically analyzed and a methodological approach to assessing the innovative development of construction enterprises was proposed. Clarifications of such concepts (economic categories) as: innovative solution, creative-active workers, creative construction project, innovative building material, innovative engineering structure, innovative technology are presented. Relative indicators are analyzed, with the help of which the level of innovative development of a construction company is determined. The Harrington scale was used to analyze the values of indicators characterizing the level of innovative development of a construction company. It has been established that the current trends that have developed in the construction industry in Ukraine require Ukrainian construction companies to intensively attract and use innovative technologies. It is noted that the prospects for further research in this direction include the definition and substantiation of factors of influence on the effectiveness of the application of the system-functional approach in the management of innovative development of construction enterprises.

scholarly journals ECONOMIC AND MATHEMATICAL MODELING OF INVESTMENT ATTRACTIVENESS OF CONSTRUCTION ENTERPRISES IN THE SYSTEM OF STAKEHOLDER RELATIONS

2020 ◽  
Vol 6 (4) ◽  
pp. 56-65
Author(s):  
Volodymyr Velychko ◽  
Evgeniy Grytskov ◽  
Dmytriy Prunenko
Keyword(s):  
Mathematical Modeling ◽  
Mathematical Model ◽  
External Control ◽  
Construction Enterprise ◽  
Stakeholder Relations ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Quantitative Basis ◽  
Sound Management ◽  
The Impact

The relevance of the process of implementation of economic and mathematical model of investment attractiveness of the construction enterprise in the stakeholder relation system is proved. The results of the analysis of the theoretical provisions for determining investment attractiveness and stakeholders of construction enterprises are presented. An economic and mathematical model for the formation of stakeholder groups in the system of relations with construction enterprises is proposed. A system of information and analytical support for an integrated assessment of the level of stakeholder relations and investment attractiveness of construction enterprises has been formed, which creates the basis for economic and mathematical modeling. The directions, methods, and models for assessing investment attractiveness and the level of stakeholder relations of construction enterprises are proposed. The practical aspects of their implementation are determined. The results of economic and mathematical modeling of the investment attractiveness of construction enterprises in the system of stakeholder relations are presented. The subject of the research is the directions of formation and realization of economic and mathematical modeling of investment attractiveness of enterprises in the system of stakeholder relations. The formation of the research methodology is carried out on the basis of the theoretical and methodological platform for determining the investment attractiveness of enterprises and stakeholders that interact in the relevant field. In addition, a set of methods is used to conduct the study: analytical (to determine indicators of investment attractiveness); expert assessments (to determine the index of stakeholder relations); method of analysis of hierarchies (to assess the importance of the impact of stakeholders (customers of construction products; workers of construction enterprises; top management; managers of various levels of construction enterprises; owners of construction enterprises; government bodies influencing the formation and level of interaction of stakeholders with construction enterprises; public organizations influencing activities in construction and architecture; corporate governance bodies of construction enterprises; the bodies of internal and external control interacting in the construction industry; the competitors of construction enterprises; the suppliers of inventories interacting with construction enterprises; stakeholders interacting in the formation and use of spatial, urban, environmental information and creating investment attractiveness of construction enterprises; the design organizations; other stakeholders interacting with construction enterprises) at the level of stakeholders from noses of enterprises); economic and mathematical modeling (to establish causal links between the level of stakeholder relations and the index of investment attractiveness of enterprises); generalization and systematization (to obtain and interpret research results). The aim of the study is to establish causal relationships between the factors that shape the level of stakeholder relations and investment attractiveness of construction companies based on economic and mathematical tools. The result of the study is the formation of a quantitative basis for making sound management decisions in the system of stakeholder relations of construction companies to increase their investment attractiveness.

scholarly journals Business Processes Outsourcing in Building Enterprises

2018 ◽  
Vol 7 (3.2) ◽  
pp. 59
Author(s):  
Iryna Chernysh ◽  
Alla Glebova ◽  
Oleh Maksymenko
Keyword(s):  
Construction Industry ◽  
Business Processes ◽  
Competitive Advantages ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Significant Difference ◽  
Technical And Economic Indicators

The article explores the role and importance of outsourcing for managing business processes at enterprises of the construction industry. Since the main purpose of managing construction enterprises is to achieve high technical and economic indicators, compliance with the terms of construction of objects and their construction, ensuring an increase in profitability and profitability of operations in the long-term perspective. This is possible with the use of outsourcing, which, unlike subcontracting, is aimed at providing profitability by concentrating on the performance of priority activities for which the construction company has the highest level of competence. Also, outsourcing involves taking risks and responsibilities of an outsourcing company for the quality of running business processes. This is a significant difference from the subcontract works and allows forming the long-term competitive advantages of the construction enterprise.  

scholarly journals STRATEGIC MANAGEMENT OF DEVELOPMENT OF CONSTRUCTION ENTERPRISES

2021 ◽  
Author(s):  
Yuliia Kondratiuk
Keyword(s):  
Strategic Management ◽  
Point Of View ◽  
Scientific Article ◽  
Economic Activities ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Basic Features ◽  
Implementation Of The Strategy

The subject of the presented research is the theoretical and methodological provisions and practical aspects of the process of strategic management of production and economic activities of construction companies. The purpose of the work is to determine the theoretical and methodological provisions and substantiate practical recommendations for the implementation of the process of strategic management of production and economic activities of construction companies. The main objectives of the study are to study the existing scientific and theoretical provisions on the economic essence and features of strategic management of construction companies; generalization of the structure of the process of strategic management of construction companies and development of priority areas for their improvement in the current economic conditions of construction companies. In the scientific article on the basis of the conducted analysis methodological provisions of realization of process of strategic management of activity of the construction enterprises are generalized. Based on research, it is proposed to define the strategy of a construction company as a set of strategic management decisions, which are defined in a comprehensive action program that defines priorities and strategic directions of the construction company and aims to achieve long-term goals with optimal use of internal potential. The strategy of the construction enterprise from the methodological point of view is described and the basic features of the given sphere of activity are defined. The author's vision of the process of formation and implementation of the strategy of construction enterprises is presented with a description of the content of its main defining stages and as a result methodical recommendations for the formation and implementation of the strategy of construction enterprises are formulated. Summarizing the above study, it is advisable to consider the strategic management of a construction company as a modern tool for managing the development of a construction company, based on intellectual capital as a leading asset and the basis of the enterprise.

Improving construction sector resilience

2016 ◽  
Vol 7 (2) ◽  
pp. 173-185 ◽  
Author(s):  
Suzanne Wilkinson ◽  
Alice Yan Chang-Richards ◽  
Zulkfli Sapeciay ◽  
Seosamh B. Costello
Keyword(s):  
Construction Industry ◽  
Construction Sector ◽  
Content Type ◽  
Role Construction ◽  
Construction Company ◽  
Construction Companies ◽  
Resilience Management ◽  
The Impact ◽  
Post Disaster ◽  
Practical Implications

Purpose Improving the resilience of the construction sector helps countries recover quicker from crises and can assist with improving community resilience and recovery. This study aims to explore ways in which the construction sector might improve its resilience. Design/methodology/approach This paper examined past disasters and the role construction plays to understand what and how better construction resilience can be built, and the impact this will have on recovery and reconstruction. Findings The findings showed that after a crisis, the construction sector is called upon to manage building and infrastructure recovery and reconstruction. Construction organisations are needed by the community, as they provide physical resources, people, materials, logistics, management and technical expertise and rebuilding. To ensure that recovery and reconstruction programs are successfully implemented, it is necessary for the construction sector to be resilient. To achieve improved resilience in the construction industry, disaster resilience management needs to become mainstreamed into construction processes. Research limitations/implications Although larger organisations have some preparation to respond to crises, including having emergency or disaster plans, smaller companies struggle to achieve a reasonable level of resilience. It appears that senior management and key people in construction organisations are familiar with the procedures but that the majority of staff in organisations lack knowledge and skills. Practical implications Understanding the role the construction sector plays in disasters and providing directions for improving construction sector resilience will ultimately improve recovery and reconstruction outcomes. Social Implications This paper discusses how communities rely on services provided by construction organisations to enable them to recover from emergencies and crises. Pre-disaster construction company resilience impacts on the ability of construction companies to function post-disaster. Originality/value This paper focuses on a number of cases and shows where and how the construction sector has worked in disasters and provides a new analysis of the role the industry plays, and the various disaster stages where the industry has maximum impact.

scholarly journals Dynamic Assessment of the Company's Competitiveness, Taking into Account the Implementation of Its Innovative Development Strategy

2020 ◽  
Vol 19 (4) ◽  
pp. 512-542
Author(s):  
V. V. Krivorotov ◽  
◽  
A. V. Kalina ◽  
S. E. Erypalov ◽  
D. I. Kobekina ◽  
...  
Keyword(s):  
Negative Impact ◽  
Dynamic Assessment ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Innovative Development ◽  
Advantages And Disadvantages ◽  
Industrial Enterprises ◽  
Stage Of Development ◽  
Metallurgical Company ◽  
The Impact

Innovative development of domestic enterprises and growth of their competitiveness is the most important task at the present stage of development of the country's economy. The purpose of this study is to develop methodological tools that assess the impact of strategic plans for innovative development of an enterprise on the level of its competitiveness. The hypothesis of the study is that the plans for innovative development of the enterprise have a positive impact on the level of competitiveness of the enterprise. The article shows that in modern conditions one of the main directions of increasing the competitiveness of any company is inextricably linked with the formation and use of innovative development systems at enterprises. An analytical review of the existing methods for evaluating the competitiveness of the enterprise is carried out; their advantages and disadvantages are determined. It is shown that there is currently no single universal approach to such evaluation. As a result, a reasonable choice was made in favor of a methodological approach that evaluates competitiveness in dynamics; the main indicators and algorithms used in this approach are presented. The method of assessing the stability of the competitive position of industrial enterprises based on their innovative activity using a number of innovative indicators and taking into account their possible growth in the financing and implementation of innovative projects is proposed. The competitiveness of the largest Russian Pipe Metallurgical Company in comparison with its leading domestic competitors in the period 2017-2019 was evaluated; the main problems and weaknesses in the company's activities that have a negative impact on its competitiveness are identified. An assessment of the innovative activity of the Pipe Metallurgical Company is performed, which shows that the company currently adheres to a strategy based on the introduction of improving innovations. Modeling of the dependence of the level of the competitiveness of the company on the indicators of its innovation activity is performed; the indicators that have the strongest impact are identified, namely: the coefficient of intellectual property security, the coefficient of innovative growth, and the coefficient of development of new products. An example of the implementation of an event aimed at increasing the company's innovation activity indicators and related to the commissioning of unique research equipment for the development of new threaded connections for pipes is given. Based on the projected outcomes of the event, the forecast level of competitiveness of the Pipe Metallurgical Company for the period up to the end of 2020 was determined.

scholarly journals METHODOLOGICAL ASPECTS OF EVALUATION OF EFFICIENCY OF USE OF INNOVATIVE DEVELOPMENT STRATEGIES AT CONSTRUCTION ENTERPRISES

2021 ◽  
Vol 26 (1(86)) ◽  
Author(s):  
Oleksandra Kononova
Keyword(s):  
Development Strategy ◽  
Integrated Approach ◽  
Design Stage ◽  
Innovative Development ◽  
Enterprise Development ◽  
Innovative Strategy ◽  
Strategy Of Development ◽  
Construction Enterprises ◽  
Construction Companies ◽  
The Impact

The article creates a unified approach to assessing the effectiveness of innovative strategies for the development of construction companies, formulated on the basis of the provisions of scientific approaches to substantiate this aspect. It is proved that in constructing methodological support in this field the authors use the method of systematization, statistical, comparative, trend methods. It is established that in scientific works there are both local and complex approaches to assessing the effectiveness of the innovative strategy of enterprise development, analyzes the parameters of effectiveness at the design stage, the results of implementation and achievement of planned values. It is determined that most of the approaches are related to the internal areas of management, in particular, financial and economic, scientific and technical, innovation (can be assessed separately), market (in terms of market share). It is determined that some authors suggest assessing some of the social effects of the implementation of an innovative strategy for the development of economic entities. The author's approach to methodological support of this issue is presented, based on the use of an integrated approach, combination of indicators of internal and external potential, coverage of traditional financial and economic, scientific and technical, market and public spheres of response to the impact of innovative business development strategy. This author's method includes the following stages and evaluation indicators, in particular: 1) the stage of evaluation of the declared characteristics of the innovative strategy of enterprise development; evaluation of the planned type of innovative development strategy; R&D growth, the planned indicator of relations with customers (consumers), the planned indicator of public contribution; planned indicator of financial and economic result from the use of technologies, programs in production, production and sale of new types of products (services); complex indicator of planned efficiency of use of innovative strategy of development of the enterprise); 2) the stage of assessment of the implemented characteristics of the innovative strategy of enterprise development: analysis of the state of actual changes in forecast indicators; 3) the stage of assessing the achievement of planned indicators.

scholarly journals Hierarchical model of factors of ecological maturity of construction enterprises

2019 ◽  
Vol 28 (2) ◽  
pp. 299-306
Author(s):  
Jarosław Górecki
Keyword(s):  
Construction Projects ◽  
Human Beings ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Ecological Responsibility ◽  
Management Staff

A construction project shapes the natural environment of human beings throughout its life cycle. Therefore, problems related to the ecological quality of the applied solutions require special interest. A method of solving these problems can be directly related to stakeholders involved in the projects. The role of a construction company in the context of decision making problems, and in particular its ecological responsibility, has become one of the fundamental elements of the genesis of this research. Linking ecological maturity of the stakeholders participating in the implementation of construction projects, and taking into account the environment friendly approach, related to the scarce resource management and the possibility of reducing their environmental impact, became the main goal of the article. The detailed objectives of the conducted research can be connected with promoting eco-friendly strategies among construction companies and increasing the awareness of construction entrepreneurs about the current EU requirements regarding the environmental issues of business. There is also a need for building ecological maturity of construction companies. Research conducted among the management staff of construction companies allowed to specify some factors of the ecological maturity in construction enterprise (EMCE) and their priorities.

Balanced Scorecard in the strategic planning of a construction company

2018 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Roberth Frias ◽  
Maria Medina
Keyword(s):  
Strategic Planning ◽  
Strategic Management ◽  
Balanced Scorecard ◽  
Organization Theory ◽  
Management Control ◽  
Management Tool ◽  
The Balanced Scorecard ◽  
Construction Company ◽  
Construction Companies ◽  
The Impact

This research focused on the strategic management tool Balanced Scorecard and strategic planning, as a guide to guide the management of companies, allowing communication and the functionality of the strategy using KPIs that allow to identify, maintain control and increase efficiency and the achievement of optimal results. For the deductive hypothetical analysis, the specific factors that affect business management performance were grouped into two variables: Balanced Scorecard and Strategic Planning. The objective of the work was to demonstrate the impact of the Balanced Scorecard in the strategic planning of a construction company. In order to support the research, the following theories were approached: the Financial Theory, the Economic Theory of the Company, the Transaction Costs, the Network Theory, the Organization Theory, the Dependence on Resources, the Strategic Management Theory and the Business Diagnosis Theory. The result obtained confirms the hypothesis that there is a significant incidence of the Balanced Scorecard in the strategic planning of construction companies. In conclusion, the construction company has obtained significant improvements in the results in each of the indicators evaluated with the implementation of the Balanced Scorecard, demonstrating improvements in their management results, affirming that there is better performance and management control allowing them to achieve the organizational objectives set.

STRATEGIC PROSPECTS FOR INNOVATION DEVELOPMENT OF AGRICULTURAL SECTOR OF CHERKASY REGION

2017 ◽  
Author(s):  
Viktoriia Zhmudenko ◽  
◽  
Mykola Diachenko ◽  
Keyword(s):  
Development Strategy ◽  
Agricultural Sector ◽  
Raw Materials ◽  
Industrial Sector ◽  
State Regulation ◽  
Innovative Activity ◽  
Innovative Development ◽  
Agricultural Enterprises ◽  
Industrial Enterprises ◽  
Effective Development

The article analyzes the current state of production activities of the agricultural sector of Cherkasy region economy, its organizational and legal structures and identifies strategic directions for its development. It is proved that the priority solution of urgent problems, such as: redistribution of land and property; restructuring of enterprises and forms of management; development of cooperation; introduction of market management methods - management and marketing; state regulation of the agricultural economy, financial, credit and tax systems; development of markets for agricultural products, material and technical resources and services; intensification and diversification of foreign economic activity will contribute to the development of the agro-industrial sphere of Cherkasy region. It is determined that the years 2021-2027 should be considered the strategic period, during which the provision of the country's population with food at the level of scientifically sound standards, growth of export potential and reduction of imports should be achieved. The necessity of introduction of innovative activity and process of innovations introduction in the production activity of the agricultural enterprises which are a basis of economic growth is proved. Obstacles to the innovative development of the regional agricultural sector are analyzed. The priority directions of innovative development of agro-industrial enterprises are indicated. The need to develop an innovative policy of agricultural enterprises in order to increase the efficiency of their operation is determined. It is noted that the priority of the agro-industrial sector development of Cherkasy region and its leading industries will provide the population with food products, industry with raw materials, and foreign trade with the export goods. It is established that innovative activity in agricultural enterprises is a decisive factor in the effective development and increase of agricultural production, significant changes in its structure, reassessment of the motivation system that meet the current principles of the Cherkasy Region Development Strategy for 2021-2027, which determines key vectors of the region in the long-term.

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