scholarly journals AN INTEGRATED APPROACH TO THE STRATEGY OF THE TRANSFORMATION OF PRODUCTIVE ENTERPRISES

2021 ◽  
Author(s):  
Marharyta Chepeliuk ◽  
Kateryna Kutsenko
Keyword(s):  
Business Processes ◽  
Comparative Method ◽  
Integrated Approach ◽  
Digital Transformation ◽  
Industrial Enterprises ◽  
Business Efficiency ◽  
Digital Development ◽  
Development Paths ◽  
Promising Development ◽  
Transformation Strategy

The subject of this study is Ukrainian industrial enterprises. The methodology of the study is based on theoretical and methodological analysis of scientific literature, statistical and econometric methods, as well as observation, comparative method, description, measurement, analysis. To develop the approach, the transformation of the structure of the enterprise, its business processes and models is carried out. An integrated approach to transformation will provide a holistic picture of the integration of strategy, technology, business processes and data to obtain meaningful results in improving business efficiency and assessing the digital maturity of an enterprise. Development is often described as a movement from old to new, from simple to complex forms. We use this metaphor for digital development, such a movement has a rising point and a purpose towards which the enterprise moves. Digital development is endless, we can set new goals and move on. In order to move faster and more effectively, we need to navigate in this area. The strategy should be based on an understanding of the current situation and a projection of the future. This makes it possible to choose the target and direction of traffic, to define resources, to propose back-up options. Competitive and digital transformation strategies are now needed, and new methodologies are needed for their development based on architectural, technological, value, ecosystem and methodological approaches. The strategic plan poses all the problems because of the rapid pace of change and the nature of governance, but that is what enterprises need now in the new economy. Marketing tools are becoming relevant in the development of a digital transformation strategy. External and internal factors must be taken into account in order to ensure that the enterprise’s business activities generate a positive dynamic of economic growth. Marketing strategies should be taken into account and adapted to new developments in shaping a digital transformation strategy. Measuring digital maturity is becoming an applied tool for developing a digital strategy for a data-based organization, not just subjective judgments about potentially promising development paths.

scholarly journals ESTIMATION OF BUSINESS VALUE AS AN ELEMENT OF FORMATION OF BUSINESS MODELS OF INDUSTRIAL ENTERPRISES AND AGRICULTURAL COMPLEX IN THE CONDITIONS OF DIGITALIZATION OF THE ECONOMY

2020 ◽  
Author(s):  
Maksym Odnorog ◽  
◽  
Mykhailo Pivtorak ◽  
Oksana Zagorodniuk ◽  
◽  
...  
Keyword(s):  
Best Practices ◽  
Business Models ◽  
Business Processes ◽  
New Technologies ◽  
Digital Technologies ◽  
Economic Security ◽  
Digital Transformation ◽  
Enterprise Management ◽  
Industrial Enterprises ◽  
Digital Management

To date, digital technologies and their widespread practice have formed the potential for completely new business models. However, most organizations are either in the early stages of the digital transformation process, or do not yet dare to form a digital business model that will provide real benefits from digital technologies. In any case, taking into account the enormous pace of global digitalization, it is extremely important to adapt the best practices of digital transformation to the improvement of the Ukrainian economy as soon as possible. Based on this, consider the process of researching new and adapting existing management models. Digital transformation – the introduction of modern technologies to radically change the business models of enterprise management today is considered the most important topic for organizations around the world. The requirements of the new digital economy represent the digital transformation as a conscious strategic process of business modification through adaptive management and implementation of digital technologies, ie the restructuring of existing business models. The same happens at industrial and agro-industrial enterprises, the analog period of which is coming to an end. Industries are entering the digital age, thanks to which enterprises are developing in accordance with the new focus. For this reason, it is very important for the formation of digital models of enterprise management to strategically understand the possibilities of digital technology development in their connection with business processes and business models. The analysis of the main traditional models of effective management of enterprises was carried out and their fundamental differences from the Ukrainian approach to management were revealed, the possibilities of implementation of the principles of existing business models by Ukrainian enterprises were considered. In addition, a roadmap for the transition from a traditional to a digital enterprise was proposed for consideration. The process of modeling the digital management system of the enterprise is revealed. Currently, a prerequisite for the prosperity of the economy of industry and agriculture and, consequently, the economy of Ukraine, is adaptive digital management as a basis for economic security of the enterprise. It was found that the relentless introduction of digital technologies, «copying best practices» can later be in reality as dangerous as the refusal to master new technologies. Therefore, choosing the direction of your own digitization, you must first study everything thoroughly, so as not to miss the moment and not to remain in the ranks of the latter or in the past.

THE FACTORS INFLUENCING THE SUCCESS OF INTRODUCTION OF DIGITAL TECHNOLOGIES INTO THE ACTIVITIES OF RUSSIAN ENTERPRISES

2021 ◽  
pp. 93-110
Author(s):  
Tatiana V. Gudkova ◽  
Alisa S. Kasparyan
Keyword(s):  
Regression Analysis ◽  
Business Processes ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Market Conditions ◽  
Industrial Enterprises ◽  
Factors Influencing ◽  
Modern Technologies ◽  
The Way

Currently, increased competition in all industries encourages enterprises to look for new ways to improve their competitiveness. Today, in the conditions of the digital economy, digital transformation, implying the introduction of modern technologies into all business processes, can become a key tool that allows you to quickly adapt to changes in market conditions. In this study, on the basis of regression analysis, the factors contributing to the success of the introduction of digital technologies at industrial enterprises in Russia, as well as the barriers that arise in the way of their digital transformation, are identified.

scholarly journals Digital Transformation: Opportunities & Challenges

2021 ◽  
Author(s):  
Tetiana Sobolieva ◽  
Nataliia Holionko
Keyword(s):  
Success Factors ◽  
Business Models ◽  
Business Processes ◽  
Institutional Environment ◽  
Digital Transformation ◽  
Geographical Inequalities ◽  
Digital Development ◽  
Company Culture ◽  
National Economies ◽  
Globalized World

The globalized world predetermines the digital development path of countries. Maintaining and strengthening the competitive advantages of national economies depend to a large extent on opportunities for digitalization-based transformation. A significant number of leading world studies explain the priorities, benefits and risks of the digital evolution of countries, the peculiarities of the formation and development of digital business in various fields. It is also important to determine the success factors of digital transformation processes. Successful examples of digitalization of the world's economies are based on strengthening the institutional environment, encouraging investment in digital enterprises, funding digital research and development, training IT professionals and using digital applications to create jobs, implementing measures to eliminate gender, ethnic and geographical inequalities in access to digital tools. Leading scientists and consultants have studied that the digitalization of the economy is mainly formed through the successful experience of digital transformations of companies. It depends on the ability of organizations to overcome the challenges of adapting business models to digital realities, digital upgrading of business processes and company culture, as well as further digital development of organizations in a competitive environment.

Analysis of digitalization and technological development VTB Bank (PJSC)

2021 ◽  
pp. 170-178
Author(s):  
В.В. Мандрон ◽  
К.А. Суторьма
Keyword(s):  
Financial Services ◽  
Small Businesses ◽  
Business Processes ◽  
Financial Institution ◽  
Technological Development ◽  
Integrated Approach ◽  
Digital Transformation ◽  
Main Trend ◽  
Financial Industry ◽  
Global Business

Главная тенденция отраслей национальной экономики - цифровизация. Финансовая отрасль кардинально перестроила свои бизнес-процессы и стала драйвером цифрового развития. Цифровая трансформация банков осуществляется с помощью экосистем. Банковская экосистема предполагает комплексный подход к формированию инфраструктуры с помощью отдельных элементов. Цифровизация полностью переформатировала работу игроков финансового сектора и повлияла на организацию и функционирование банков, финансовые услуги и продукты. Средним банкам в период трансформации бизнес-процессов под влиянием информационных технологий сложно реагировать на запросы клиентов и конкурировать с крупными игроками финансового рынка. Наибольшую эффективность в период диджитализации бизнеса демонстрируют крупные банки, они быстрее приспосабливаются новым условиям работы и имеют большую скорость внедрения современных IT-технологий. Банк ВТБ - является одним из числа самых активных участников всех государственных программ направленных на поддержку и кредитование среднего и малого бизнеса. Финансовый институт большое внимание уделяет своей цифровой трансформации. В ходе проведенного исследования установлено, что с помощью реализации направлений в сфере цифровых технологий банк не только осуществляет обслуживание клиентов более быстро и безопасно, но и значительно снижает издержки совершенствуя свою ИТ-архитектуру. Внедрение одного искусственного интеллекта в 2020 году позволило Банку ВТБ снизить издержки в объеме 1,2 млрд. руб. (137 моделей используются в бизнес-процессах всех глобальных бизнес-линий). The main trend of the national economy sectors is digitalization. The financial industry has radically restructured its business processes and has become a driver of digital development. Digital transformation of banks is carried out with the help of ecosystems. The banking ecosystem involves an integrated approach to the formation of infrastructure with the help of individual elements. Digitalization has completely reshaped the players in the financial sector and affected the organization and functioning of banks, financial services and products. During the transformation of business processes under the influence of information technology, it is difficult for medium-sized banks to respond to customer requests and compete with major players in the financial market. Large banks demonstrate the greatest efficiency in the period of business digitalization, they adapt faster to new working conditions and have a greater speed of implementation of modern IT technologies. VTB Bank is one of the most active participants in all government programs aimed at supporting and lending to medium and small businesses. The financial institution pays great attention to its digital transformation. In the course of the study, it was found that by implementing digital technologies, the bank not only provides customer service more quickly and safely, but also significantly reduces costs by improving its IT architecture. The introduction of one artificial intelligence in 2020 allowed VTB Bank to reduce costs in the amount of 1.2 billion rubles. (137 models are used in the business processes of all global business lines).

scholarly journals INDUSTRY 4.0 – CHALLENGE TO HUMAN RESOURCES

2021 ◽  
Vol 2 ◽  
pp. 112-115
Author(s):  
Toni Mihova ◽  
Ivelina Ivanova
Keyword(s):  
Human Resources ◽  
Industry 4.0 ◽  
Business Processes ◽  
Digital Transformation ◽  
Main Method ◽  
Industrial Enterprises ◽  
Hr Managers

The report examines the key role of human resources in implementing the digital transformation of business processes in Bulgarian industrial enterprises. The survey was conducted in fifty-eight industrial enterprises in Bulgaria; the participants in the study were 232 HR managers and specialists. The main method of research is the questionnaire and the paper contains the results of the analysis of this questionnaire

scholarly journals Digital transition of industrial enterprises into the “smart” ecosystem

2021 ◽  
Vol 14 (4) ◽  
pp. 433-444
Author(s):  
K. S. Mayorova ◽  
E. S. Balashova
Keyword(s):  
Business Processes ◽  
Network Connectivity ◽  
Life Cycles ◽  
Digital Transformation ◽  
Innovative Technologies ◽  
Market Participants ◽  
Industrial Enterprises ◽  
Intelligent Software ◽  
Flexible Response ◽  
Digital Transition

Digital transformation is the foundation for the development of industrial enterprises and inevitably leads to interconnected changes in products, services, strategies, business processes and relations between enterprises and market segments. Smart production cannot develop effectively in the form of isolated projects since development is required in the context of market sectors. So industrial enterprises expand their ecosystems, and thanks to coordinated innovations, the active introduction and dissemination of their digital transformation processes begins. In the context of digitalization, the “smart” ecosystem is becoming a global and growing multisectoral environment not only for industrial enterprises, but also for all market participants – suppliers, partners, public organizations, customers, etc. These associations contribute to faster adoption of innovative technologies, connecting resources for maximum results, flexible response to sharp changes in the market, which, in the context of digital transformation, require enterprises to achieve comprehensive results. The purpose of this study is to identify and identify the features of the digital transition of industrial enterprises to the smart ecosystem. The author determined what conditions contribute to the emergence of fundamentally new ecosystems of industrial enterprises that initiate the active development of innovative technologies and products, as well as the emergence of new opportunities for expanding the sphere of activity. An analysis of the stages of creating an effective “smart” ecosystem of industrial enterprises was carried out, and the characteristics of each of them were identified. It is noted that this smart ecosystem development plan will allow industrial enterprises to make more effective preparations for active external cooperation even in limited industry conditions. The study identifies six key factors, which include: synchronization of the life cycles of the enterprise; providing intelligent software and network connectivity for traditional industrial products; use analytics to take stock of production activities and make decisions based on data from a variety of sources, including products connected to the network; in-house production should be flexible; the transition to a smart ecosystem should start with an all-as-a-service business model; creating and managing smart ecosystems. These factors affect the successful and efficient functioning of the smart ecosystem of industrial enterprises in modern conditions, which will subsequently allow the provision of personalized, contextual, innovative services that generate regular revenues.

scholarly journals Assessment of the Readiness of Industrial Enterprises for Automation and Digitalization of Business Processes

Electronics ◽  
2021 ◽  
Vol 10 (21) ◽  
pp. 2722
Author(s):  
Irina Krakovskaya ◽  
Julia Korokoshko
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
Business Processes ◽  
Digital Transformation ◽  
Negative Effects ◽  
Industrial Enterprises ◽  
Degree Of Satisfaction ◽  
Industry Automation ◽  
The Republic ◽  
The Impact

The purpose of this article is to identify the promising areas of digitalization in the work of industrial enterprises at the national and regional level. The study was conducted on the basis of industrial enterprises of the Republic of Mordovia using the methods of a systematic approach, comparative and strategic analysis, mathematical statistics, etc. As a result, we assessed the impact of the digital transformation of the economy on the development of industrial enterprises in Russia and the Republic of Mordovia, changes in the efficiency of enterprises associated with the expansion of the use IT, the degree of satisfaction of enterprises with the use of specific tools of information and communication technologies, etc. Spearman’s rank linear correlation demonstrates positive and negative effects of ICT using the industrial enterprises. The novelty and practical value of the obtained results consists in the fact that confirmed research hypotheses reflect both specific regional factors and systemic nationwide problems of digitalization of the Russian industry, automation of business process, allow us to outline the priority areas of digital transformation of business models not only of the studied enterprises industry of the region, but also the non-resource sector of the industry in general.

scholarly journals Analytical basis of the contracting enterprise's activity in the modern digital environment

2021 ◽  
Vol 1 (47) ◽  
pp. 87-95
Author(s):  
А.A. Bondar ◽  
V.O. Pokolenko ◽  
O.D. Pilipchuk ◽  
Arzu Khalilov
Keyword(s):  
Development Strategy ◽  
Competitive Strategy ◽  
Integrated Approach ◽  
Development Project ◽  
Digital Transformation ◽  
Digital Environment ◽  
Successful Operation ◽  
Analytical Basis ◽  
Construction Organizations ◽  
Digital Development

In the article on the basis of the former general-methodical basis where the methodology of construction developer and digital administration by construction organizations is combined; scientific and applied bases of VIM-technologies; "Geometric econometrics"; modern methods of formalized modeling and adjustment of the cycle of development projects; the latest approaches to the formation of organizational structures for the management of construction production with the involvement of digital technologies. The methodological basis of the study was based on a productive combination of visual and graphical capabilities of BIM-technology, digital control technologies, methods of graph-analytical visualization (provided through the use of "geometric econometrics"). The resulting methodological apparatus allows the use of BIM-technologies in the organization of construction in fundamentally new positions - not only as a means of graph-analytical structuring of physical volumes of contract work, but, above all, as a modern basis for variable organizational and technological modeling of works and stages of construction. project and as a tool for managing the cycle and environment of the development project. It is substantiated and proved that when forming the analytical basis of the construction enterprise in modern digital space it is expedient to take into account the vector of improvement of management models in the direction from single-purpose to multi-purpose, from deterministic to deterministic-stochastic, from worc-arc model (robot-arc). to the model of the synthetic type “worc & matrix” “work & top”. The successful operation and development of construction organizations participating in projects in the digital environment requires a sound approach to the formation of their competitive strategy as executors. The article highlights that the concept of competitive strategy of the contractor is a set of rules and techniques that should guide the construction organization, ready for change in its activities through the involvement of digital management format: integral elements of the process of digital transformation in construction are changes in activities of construction organizations, which consist in a full-scale digital transformation based on the company's digital development strategy. Implementing the measures envisaged by the digital strategy requires an integrated approach that includes the company's development in various areas, but understanding the trends of the digital environment and construction market will allow companies to rationally use existing digital potential and effectively identify ways to further digital development of construction companies.

Implementaon of digital economy elements in electric power industry

2018 ◽  
Vol 11 (2) ◽  
pp. 94-102 ◽  
Author(s):  
A. G. Filimonov ◽  
N. D. Chichirova ◽  
A. A. Chichirov ◽  
A. A. Filimonovа
Keyword(s):  
Electric Power ◽  
Energy Production ◽  
Predictive Analytics ◽  
Digital Economy ◽  
Digital Transformation ◽  
Cloud Services ◽  
Small Scale ◽  
Economic Activities ◽  
Industrial Enterprises ◽  
Automation Systems

Energy generation, along with other sectors of Russia’s economy, is on the cusp of the era of digital transformation. Modern IT solutions ensure the transition of industrial enterprises from automation and computerization, which used to be the targets of the second half of the last century, to digital enterprise concept 4.0. The international record of technological and structural solutions in digitization may be used in Russia’s energy sector to the full extent. Specifics of implementation of such systems in different countries are only determined by the level of economic development of each particular state and the attitude of public authorities as related to the necessity of creating conditions for implementation of the same. It is shown that a strong legislative framework is created in Russia for transition to the digital economy, with research and applied developments available that are up to the international level. The following digital economy elements may be used today at enterprises for production of electrical and thermal energy: — dealing with large amounts of data (including operations exercised via cloud services and distributed data bases); — development of small scale distributed generation and its dispatching; — implementation of smart elements in both electric power and heat supply networks; — development of production process automation systems, remote monitoring and predictive analytics; 3D-modeling of parts and elements; real time mathematic simulation with feedback in the form of control actions; — creating centres for analytical processing of statistic data and accounting in financial and economic activities with business analytics functions, with expansion of communication networks and computing capacities. Examples are presented for implementation of smart systems in energy production and distribution. It is stated in the paper that state-of art information technologies are currently being implemented in Russia, new unique digital transformation projects are being launched in major energy companies. Yet, what is required is large-scale and thorough digitization and controllable energy production system as a multi-factor business process will provide the optimum combination of efficient economic activities, reliability and safety of power supply.

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