scholarly journals Scientific and Methodological Aspects of Assessing the Sustainable Development of Machine-Building Enterprises as a Tool for Adjusting Management Activity in a Strategic Perspective

2020 ◽  
Vol 4 (46) ◽  
pp. 224-230
Author(s):  
Y. V. Sekirozh ◽  

Machine-building enterprises have been proven to play the main role in ensuring the sustainable development of Ukraine’s machine-building industry, as the latter is the main component of Ukraine’s economic complex. The state and prospects of the further development of machine-building enterprises is an important research area dealing with the current transformation processes in Ukraine, as implementing innovations at machine-building enterprises is problematic due to the difficult financial and economic situation in the country. It is concluded that the scientific and methodological approach to assessing the sustainable development of machine-building enterprises covers the full range of the constantly changing financial and economic information, and takes into account all the possibilities for enterprise development, as the current situation, being characterized by rapid economic changes at machine-building enterprises, requires new methodological approaches to its studying. The suggested scientific and methodological approach should become that very tool in the strategic management system of an enterprise, which would take into account the existing objectives and, relying on the analysis of financial and economic situation and statistics data on the sustainable development of the enterprise, would allow timely adjustment of the entire management activity, as the main purpose of the approach is to identify, at the earliest possible time, the difference between the actual results of the sustainable development of enterprises and the forecasted ones; to identify the reasons that caused this difference; to suggest actions to properly adjust particular areas of financial and economic activity in order to normalize them and enhance the general enterprise development.

2020 ◽  
Vol 67 (6) ◽  
pp. 175-184
Author(s):  
T. Lazorenko ◽  
I. Sholom

The paper deals with the study and investigation of various theoretical approaches to the interpretation of “management” and “sustainable development” concepts, as well as the features of the sustainable development formation concept. It deals with the diversity of views concerning the sustainable development concept in terms of commercial enterprise. The importance of concept implementation is explained by the possibility of balancing the sustainability of all activity components, which provides the growth of socio-economic indicators while preserving the environment and natural resources. The purpose of the investigation is the theoretical substantiation of rationale of the meaning of enterprise sustainable development management concept and the principles of its provision. In the investigation process the following complex methodological approach are applied: theoretical generalization, synergetic, abstract-logical and graphical methods for more synthesized image of the investigated object. The main approaches for determining the enterprise sustainable development are studied and clarified. Emphasis is placed on the expediency of the integrated approach for ensuring the concept of sustainable development management as that one which takes into account the features of all components development and provides an overall assessment of the enterprise sustainability subsystems. The characteristics of the group of stability indicators are defined in this paper. Their definition makes it possible to carry out the detail analysis of activity aspects. Directions for the improvement of the organization conditions due to the implementation of sustainable development management concept are formulated. The importance of the chosen problem is caused by permanent search for effective management mechanisms focusing the management activity on current problems and factors of changing environment negatively affecting the enterprise sustainability. This means that the shifts in enterprise sustainable management provide the opportunity to implement an integrated management policy by required changes resulting in the optimization of business processes, the increase of the level of transparency in operation and the compliance with the principles of sustainable development while preserving the environment.


The article stipulates that machine-building enterprises in a market economy in the process of carrying out any business operations must take into account the fact of the probability of negative developments and their financial consequences. In order to avoid the global consequences of the manifestation of risks, companies must have a system for diagnosing the level of sustainability of development, taking into account the impact of target risk parameters and innovative support to prevent significant financial losses. The proposed algorithm of the methodological approach to determine the impact of target risk parameters on the level of innovative support for sustainable development of machine-building enterprises allows to take into account both the requirement to maximize the expected total income and the requirement to minimize variance, ie lower risk than expected. It is concluded that the algorithm makes it possible to identify and identify risks, ie to determine the portfolio of risks and the impact of innovation on their level and vice versa, which accompanies the implementation of appropriate management decisions and delineation of their scope. One of the components of the formation of mechanisms for diagnosing the level of innovative support for sustainable development of machine-building enterprises is risk management. The importance of this component increases with the increase in the cost of covering or compensating for the risks faced by machine-building enterprises. Evaluation of the results and adjustment of selected methods occurs after the implementation of these methods directly into the work of the enterprise. This stage is crucial because it allows to draw conclusions about the methods that have been used to neutralize or reduce risks, namely: whether they sufficiently protect the machine-building enterprise from potential threats, determine the level of reliability of certain methods and areas for improvement and adjustment. selected methods of diagnostics of the level of sustainable development of machine-building enterprises taking into account the target parameters of risk and innovation.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olena Latysheva ◽  
Victoriia Rovenska ◽  
Iryna Smyrnova ◽  
Vitalii Nitsenko ◽  
Tomas Balezentis ◽  
...  

PurposeThe paper embarks on the development of theory and methodology for managing the sustainable development of machine-building enterprises through the use of quantitative modeling tools. The article proposes an algorithm for estimating the position of an enterprise in its competitive space for sustainable development.Design/methodology/approachThe three dimensions of sustainability (social, economic, environmental) are represented by the equations based on the multiple criteria of sustainability. The three-dimensional space is constructed and the effects of managerial decisions can be quantified in terms of the latter space.FindingsThe proposed model is applied in the case of Ukrainian machinery construction company. The effects of introduction of the environmentally friendly business strategy are assessed in the three-dimensional sustainability space. The changes in the level of sustainability can be estimated based on the projected changes in the criteria of sustainability.Originality/valueThe proposed methodology combines expert knowledge, empirical data and quantitative methods in order to quantify the level of sustainability of enterprises. The model can be extended to include additional dimensions and applied to different empirical cases.


Ekonomika APK ◽  
2021 ◽  
Vol 319 (5) ◽  
pp. 46-56
Author(s):  
Olha Kovalenko ◽  
Liudmyla Yashchenko

The purpose of the article is to improve approaches to assessing the effectiveness of innovative activities of the food industry and its individual subsectors to identify prospects for development and problems that can hinder the sustainable development of this area of production and the country as a whole. Research methods. The article uses the methods of theoretical generalizations and comparisons, which made it possible to comprehensively consider and generalize methodological approaches to assessing the effectiveness of innovation in industries. When systematizing the calculated data by the intensity of innovation costs, the methods of statistical classification and grouping were used. To achieve the goal of the study, the methodology for assessing the level of manufacturability of industries has been improved (the OECD methodology is taken as a basis), which made it possible to re-evaluate the effectiveness of innovative activities in sub-sectors of the food industry with an emphasis on the computerization of production. Research results. The article presents a methodical approach to assessing the effectiveness of innovation in the food industry. The study is based on the OECD methodology for assessing the manufacturability of industries, which is to calculate the weighted average cost intensity of R & D. The application of this approach to the food industry has confirmed the too low level of its innovative manufacturability. It was found that due to the lack of relevant statistics on R&D expenditures, it is difficult to assess the effectiveness of innovation in certain sectors of the food industry. It is proposed to solve this problem with the help of capital investment indicators, which are invested in the software of industries and are directly related to the level of computerization of technological processes. The obtained indicators of the intensity of software costs are ranked in descending order and divided into three groups according to the level of computerization, which characterizes the efficiency of innovation, as its level increases profits and profitability in industries. This will contribute to the goals of sustainable development of the country (including goals 2 and 9) and increase the competitiveness of the food industry. Scientific novelty. A methodological approach to assessing the effectiveness of innovative activities of sub-sectors of the food industry in Ukraine is proposed, which will contribute to the formation of a new look at the research methodology of this area of knowledge. Practical significance. Designed for professionals in the field of food industry economics, scientists, teachers, graduate students and students of higher educational institutions. The results of the study can be used by experts to assess the level of manufacturability of industries. Tabl.: 3. Refs.: 30.


Author(s):  
Liudmila Lapochkina ◽  
Elena Vetrova

Circumpolar territories and the regions related to the Arctic are those rich with natural resources. They have a high potential for the development of mining and extractive industries. The abundance with resources makes the North increasingly attractive for investments. However, circumpolar territories are characterized by peculiar socio-economic, natural, and climatic conditions which taken together frequently pose a negative impact on people and hinder the exploration opportunities of the Arctic resources. In global, regional, and sub-regional levels, the development of the Arctic is heavily regulated by multilateral international treaties. However, the issues of monitoring and assessment of the sustainable development of the Arctic remain open, which stems from the absence of agreed criteria and indicators for assessing sustainability in the context of national, regional, and scientific approaches. It necessitates the development of a specific methodological approach to the establishment of a system to monitor and assess the sustainable development of the Arctic.


Author(s):  
Elena V. FLENOVA

The aim of the study is to identify the advantages and limitations of the system of standards used in modern Russia as threshold values of indicators of threats to the economic security of the banking system. During the study, we developed the conceptual apparatus of the theory of economic security management, determined the composition of risks of the sustainable development of the banking system and analyzed indicators of threats to its functioning. In accordance with the goal, we presented interpretation of the conceptual structures “economic security of the banking system” and “banking security”. We carried out scientific research using the gnoseological potential of the theory of economic security, the theory of credit and banking, and the theory of risk management. To solve the research problems, we used methods of economic grouping, economic comparison (comparison), abstract-logical method, etc. The use of these methods made it possible to present a typology of risks and threats to the economic security of the banking system, as well as to analyze the methodological approach adopted by the banking segment of the Russian economy to determine threshold values of economic security indicators based on the use of standards. These standards are based on the accounting of indicators of capital adequacy level and indicators of return on capital. We formulated the advantages and disadvantages of this approach taking into account the interests of owners, managers and clients of banks and non-bank credit organizations. It is necessary to develop a methodology for determining the level of risks of the sustainable development of the banking system, taking into account the increase in the level of uncertainty of environmental factors. The obtained conclusions are a starting point for further study of indicators of threats to the economic security of the banking system and justification of their thresholds.


2021 ◽  
Vol 2 (4) ◽  
pp. 335-341
Author(s):  
Ekaterina A. Timofeeva ◽  
Mikhail V. Mishenin

The article describes a methodological approach for assessing the sustainable development of coal companies, using an integral indicator with the inclusion of environmental indicators. The significance of the proposed methodology and the criteria for its compilation are described.


2018 ◽  
Vol 18 (1) ◽  
pp. 93-107 ◽  
Author(s):  
Iwona Bąk ◽  
Katarzyna Cheba

Abstract The aim of the study is to determine the pace and directions of changes (understood as: improvement or deterioration) occurring in selected areas of sustainable development of EU Member States. The paper analyzes dynamics of changes in selected areas of sustainable development monitored on the basis of headline indicators published by Eurostat from 2008 to 2015. In the paper, three variants of reference points of synthetic measure of development were considered. On the basis of the obtained results, the countries in which the improvement in the sustainable development and its deterioration can be observed were identified. The results have confirmed the existence of significant developmental disparities between EU Member States in this field, but it should be noted that the obtained results depend on the methodological approach both to the selection of features and the adoption of a specific standardization formula, as well as the considered variants of reference points. The results obtained can be utilized in subsequent years to examine the directions of change observed both from the point of view of European Union as one organization, and the individual EU Member States.


Sign in / Sign up

Export Citation Format

Share Document