scholarly journals Improving the Strategic Management of Investment Activities of Industrial Enterprises as a Factor for Sustainable Development in a Crisis

2019 ◽  
Vol 11 (23) ◽  
pp. 6667
Author(s):  
Vladimir Zhuravlyov ◽  
Tatyana Khudyakova ◽  
Natalia Varkova ◽  
Sergei Aliukov ◽  
Svetlana Shmidt
Keyword(s):  
Sustainable Development ◽  
Strategic Management ◽  
Theory And Practice ◽  
Industrial Enterprise ◽  
Investment Policy ◽  
Management Model ◽  
Development Theory ◽  
Successful Implementation ◽  
Investment Strategies ◽  
Industrial Enterprises

This article discusses the problem of improving the strategic management of sustainable development in industrial enterprises in Russia. The shortcomings of the strategic management of industrial enterprises are due to the fall in the growth rates of the world and domestic economy, international sanctions, and the specifics of the development of socio-economic relations in the Russian Federation. The main problem of the research is related to the imperfection of the strategic management of the investment policy of the enterprise, which leads to a slowdown in the development of the company and a decrease in competitiveness. The main goal of the presented research is to develop proposals for improving the strategic management model for the development and implementation of investment strategies of an industrial enterprise. Based on the analysis of theoretical sources, gaps in research related to the topic and objectives of this work are highlighted. The methodological base of the research is determined, the basis of which are: system theory, systematic approach to managing a company’s sustainable development, theory and practice of modeling, strategic management, investment design. The improved model is proposed, which determines the interdependence of the strategic management of investment policy and the sustainable economic development of the company, presents the algorithm for managing the process of developing investment strategies in an industrial enterprise. This mechanism takes into account the main indicators of sustainable development of an industrial enterprise. There are proposals to improve the management model of insurance reserves of the company, reflecting the strategic aspects of investment activities necessary for the successful implementation of the course on sustainable development in an industrial company. The obtained results were tested by a number of Russian enterprises, which led to positive results of their activities, contributed to more sustainable development and strengthening of competitive positions.

scholarly journals ORGANIZATIONAL AND ECONOMIC PROVISION OF THE MOTIVATIONAL COMPONENT IN THE CONTEXT OF STRATEGIC MANAGEMENT OF ENTERPRISE SUSTAINABLE DEVELOPMENT

2021 ◽  
pp. 158-174
Author(s):  
Lilia SVOROBOVICH
Keyword(s):  
Sustainable Development ◽  
Strategic Management ◽  
Current System ◽  
General Scheme ◽  
Industrial Enterprise ◽  
Enterprise Management ◽  
Industrial Enterprises ◽  
Economic Support ◽  
Effective System ◽  
Methodological Aspects

The article is devoted to the study of organizational and economic support of the motivational component of the divisions of the industrial enterprise in the context of strategic management of its sustainable development. Theoretical and methodological aspects of formation of the effective mechanism of material encouragement in the system of management of structural divisions of the industrial enterprise are investigated. The systems of material incentives in the organization are considered and analyzed. The shortcomings of the current system of material incentives for employees of industrial enterprises are formulated. Theoretical bases for construction of effective system of motivation of the personnel taking into account the real contribution of each production division and each separate employee of the enterprise in final results of activity of the organization are offered. The general scheme of distribution of the fund of additional salary at the industrial enterprise is reflected in the form of algorithm. The approach to distinguishing the criteria for determining the coefficient of labor contribution and the coefficient of labor participation is systematized. The optimal structure and approaches to the quantitative assessment of indicators that characterize the motivational efforts of employees and departments of the enterprise are formed. The main types and limits of material responsibility are considered and the basic conditions of involvement of employees in material responsibility are generalized. The significance of the system of internal material responsibility at the enterprise in the context of the motivational component is substantiated. The requirements to the elements of the motivational subsystem of the production enterprise in the aspect of strategic management of sustainable development are generalized. The recommendations and prospects of further research in the approaches to the construction of the motivational component of enterprise management as a basis for increasing the labor activity of employees for strategic management of sustainable development of the organization are formulated.

COMPETITIVE POTENTIAL FORMATION ON THE BACKGROUND OF STRATEGIC MANAGEMENT OF AGRICULTURAL ENTERPRISES

2019 ◽  
Vol 4 (4) ◽  
pp. 149-160
Author(s):  
Volodymyr PILIAVSKII
Keyword(s):  
Strategic Management ◽  
Business Strategy ◽  
Competitive Strategy ◽  
Production Management ◽  
External Environment ◽  
Industrial Enterprise ◽  
Strategic Analysis ◽  
Successful Implementation ◽  
Agricultural Enterprises ◽  
Industrial Enterprises

The article reveals the issues of system-forming elements of agro-industrial enterprises’ competitive potential and the choice of competitive strategy as a factor of strengthening and increasing its efficiency through strategic management. It is established that along with the use of exclusive qualitative and quantitative characteristics of resources, competitive advantages can also be created due to the properties of the internal and external environment, rare among competitors. Special attention is paid to such an advantage as competence. The external and internal factors of agro-industrial enterprise’s competitive potential, which cover its assortment, marketing, quality, production management and other policies, innovative development, highly qualified staff availability, access to quality raw materials, are defined. The article presents and justifies the block-scheme of the choice of the agro-industrial enterprise competitive strategy of potential development. It distinguishes two components: structural composition of production and positioning. The proposed methodological approach of such analysis and choice of competitive strategy allows the enterprise not only to form, but also to successfully implement a long-term advantage in a changing environment. The competitive strategy as a tool is linked to the successful implementation of strategic management. It is determined that strategic management should be carried out through an appropriate organizational and economic mechanism, aimed at shaping and strengthening the competitiveness of the agro-industrial enterprise. The proposed mechanism includes a strategic analysis of the operating environment. It establishes essential characteristics of the environment, each consisting of dedicated sub processes, as a basis for defining the mission and goals of the enterprise. It is stated that developing a business strategy is considered to be the core of strategic management, and functional strategies must ensure every management level. A special task of evaluation and control of strategy implementation has been developed. It is determined that adjustments to the results of strategic control should be done for both the implemented strategy and the goals of business entities. In general, the implementation of the organizational and economic mechanisms of strategic management determines certain rules and techniques for forming and strengthening the competitive potential of agricultural enterprises. Keywords: competitive potential, competitive strategy, strategic management, strategy choice, business strategy, functional strategies, strategic analysis, external environment, internal environment, agro-industrial enterprises.

scholarly journals Improving Approaches to Strategic Enterprise Management in the Context of Sustainable Development

2020 ◽  
Vol 12 (20) ◽  
pp. 8375
Author(s):  
Tatyana Khudyakova ◽  
Vladimir Zhuravlyov ◽  
Natalia Varkova ◽  
Sergei Aliukov ◽  
Svetlana Shmidt ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Strategic Management ◽  
Policy Development ◽  
Comprehensive Assessment ◽  
Investment Policy ◽  
Management Decision ◽  
Strategic Decisions ◽  
Management Decisions ◽  
Investment Activity ◽  
Industrial Enterprises

This article discusses the issues of improving strategic management of sustainable development of enterprises of the Russian Federation. The management of many companies continues to demonstrate an inadequate attitude to the development and implementation of a system of measures to ensure the proper level of sustainability of an industrial company. The main problem considered in the study is the insufficiently perfect mechanism for the strategic management of the investment policy of industrial enterprises in the Ural region of Russia. The management of many enterprises does not conduct a comprehensive assessment of sustainability and does not rely on the triad of sustainable development indicators—economic, environmental, and social. This negatively affects the strategic management decisions made. Under an insufficiently perfect mechanism, in this study, we refer to the following: At Russian regional enterprises, there is no close connection between the processes of making strategic decisions and the investment policy of the enterprise. This leads to certain errors in the formation of the enterprise strategy. The connecting element of these processes is highlighted. It is a comprehensive assessment of sustainability. The main objective of this study is to improve the model and mechanism of strategic management of the investment policy of the enterprise in the context of the environmental and economic status of the business. The proposed model is based on the principles considered from the perspective of three directions—economic, social, and environmental. This model provides for a close interconnection of components: management decision-making, investment policy development, and comprehensive assessment of sustainable development strategy. Based on the analysis of scientific works, the practice of managing industrial enterprises and certain gaps have been identified in theoretical sources related to the topic, problem, and objectives of the article. The methodological base of the study is determined, and methodological aspects of the analysis of the ecological state of business projects and the formation of strategic management of investment activity of an industrial enterprise are substantiated. The model for managing sustainable enterprise development is presented. This model provides for close interaction between the mechanisms for developing strategic decisions and managing the investment policy of the enterprise based on the environmental component of the business as a factor in sustainable development. Tools are proposed that ensure interconnection and synergy between the components of strategic management of the investment policy of the company and improve the quality of management decisions.

scholarly journals Sustainable Strategic Management Model for Hotel Companies: A Multi-Stakeholder Proposal to “Walk the Talk” toward SDGs

2020 ◽  
Vol 12 (20) ◽  
pp. 8652
Author(s):  
Ernestina Rubio-Mozos ◽  
Fernando E. García-Muiña ◽  
Laura Fuentes-Moraleda
Keyword(s):  
Sustainable Development ◽  
Strategic Management ◽  
Management Model ◽  
The Sustainable Development ◽  
Stakeholder Approach ◽  
2030 Agenda ◽  
Tourism Sector ◽  
Qualitative Research Methodology ◽  
Development Goals ◽  
Multi Stakeholder

As we reach the fifth anniversary of the Declaration of the United Nations 2030 Agenda for Sustainable Development, the tourism sector responsible for over 10% of the world’s GDP still does not have an open-source, sustainable management criteria that would enable and empower them to “walk the talk” to contribute to the Sustainable Development Goals (SDGs). The purpose of this paper is to fill the gap in the social sciences and business management literature by providing a theoretical Sustainable Strategic Management Model (SSMM) proposal for the Fourth Sector (4S), Small- and Medium-sized (SMEs) Hotel companies (4S-SM-HCs), which are committed and have the will to contribute firmly to the 2030 Agenda. Based on their corporate purpose and aligned with the SDGs, this article provides a holistic proposal with a multi-stakeholder approach, adding the SDG perspective. Through a qualitative research methodology based on two focus groups in which the main stakeholders and the management team of the 4S-SM-HC under examination took part, a theoretical SSMM is co-defined so that the hotel company can make significant contributions to the five areas of the SDGs. Basing their structure on the internationally recognized Global Sustainable Tourism Council (GSTC) Criteria and co-created through social learning, this SSMM proposes four strategic management axis and develops ten principles of ethical performance (PEP). The main contributions of this article are two: (1) to provide an ecosystemic SSMM proposal to the 4S-SM-HCs to allow them to make significant contributions to the SDGs, and (2) to facilitate a methodological framework with a multi-stakeholder approach and SDG perspective to enable them to contribute to the wellbeing of people, the community and the planet.

scholarly journals Evaluating elasticity of costs for employee motivation at the industrial enterprises

2018 ◽  
Vol 16 (1) ◽  
pp. 124-132 ◽  
Author(s):  
Petro Pererva ◽  
Oleksandr Hutsan ◽  
Valerii Kobieliev ◽  
Andrii Kosenko ◽  
Volodymyr Kuchynskyi
Keyword(s):  
System Analysis ◽  
Scientific Research ◽  
Employee Motivation ◽  
Motivational Factors ◽  
Theory And Practice ◽  
Industrial Enterprise ◽  
Engineering Plant ◽  
Industrial Enterprises ◽  
Commercial Activities ◽  
Research Findings

Employee motivation at the industrial enterprises is one of the most important principles of modern management. The practice of production and commercial activities of domestic enterprises speaks for essential modifications in the approaches to identifying the methods of employee motivation.In the meantime, at many industrial enterprises, motivational modules are limited to the level of salary payment. Therefore, the search for approaches to the formation of effective methods of employee motivation and the analysis of their classification peculiarities require implementing the complex scientific research and determine the relevance of the chosen topic. The purpose of the article is to adapt the notion of function elasticity to increase the employee motivation effectiveness at the domestic industrial enterprises. Increasing the effectiveness of employee motivation at an industrial enterprise is the object of the research.The research findings are obtained using the theory and practice of expert methods and system analysis, whereby 26 basic (key) motivational measures were determined, which were divided into six block-modules: jurisdictions, effectiveness, social and psychological, indirect financial influence, and direct financial influence.The weight of each of the motivational factors is determined and they were also classi¬fied according to this indicator. The notion of motivation elasticity is proposed, which makes it possible to assess the motivational measures performance both for every block-module and for every employee, team, production department or enterprise.Motivation elasticity ratio for ten employees of Kharkiv Machine Engineering Plant FED is calculated. Recommendations for further research on the paper’s subject are proposed.

scholarly journals THE PROBLEM OF CONSTRUCTING A MODEL OF SUSTAINABLE DEVELOPMENT OF INDUSTRIAL ENTERPRISES

2018 ◽  
pp. 15-19
Author(s):  
I. V. Gladysheva
Keyword(s):  
Sustainable Development ◽  
Scientific Community ◽  
Resource Constraints ◽  
Industrial Enterprise ◽  
Enterprise Development ◽  
The Sustainable Development ◽  
Industrial Enterprises ◽  
Proposed Model

To discuss the scientific community presents the author's approach to the construction of a model of sustainable development of industrial enterprise. The author studied and marked urgent problems in the industry, identified resource constraints and the expediency of building a model of sustainable enterprise development based on innovation. Substantiated structure of theories and methods, which should make the methodology of the proposed model and given them a description. A conclusion about the effectiveness of implementation of the model ensuring the sustainable development of industrial enterprise a conclusion about the effectiveness of implementation of the model ensuring the sustainable development of industrial enterprise is formulated.

scholarly journals ANTI-CRISIS STRATEGY EXECUTION AT A FUNCTIONAL LEVEL OF MANAGEMENT

2014 ◽  
pp. 82-87
Author(s):  
S. Y. Kuznetsov
Keyword(s):  
Strategic Management ◽  
Strategic Alignment ◽  
Theory And Practice ◽  
Successful Implementation ◽  
Strategy Execution ◽  
Short Term ◽  
Functional Efficiency ◽  
Strategic Role

Theory and practice of strategic management requires strengthening the role of functional execution of strategy to effectively address issues of balancing long-term and short-term objectives, the successful implementation of strategy under the strategic plan, strategic alignment of functional management of a firm. Reasons for the increase in importance of functional strategies’ level reflect the formation of different kinds of rivalry capabilities of a firm. Functional efficiency of management is being measured. Strategic role of top management in the organization is about to change.

scholarly journals ІННОВАЦІЙНИЙ ПОТЕНЦІАЛ УЗБЕКИСТАНУ: РОЗВИТОК ПІДПРИЄМНИЦТВА

2021 ◽  
pp. 6-10
Author(s):  
Matluba Abdullayevа
Keyword(s):  
Sustainable Development ◽  
Effective Means ◽  
Economic Modeling ◽  
Industrial Enterprise ◽  
Practical Significance ◽  
Main Hypothesis ◽  
The Sustainable Development ◽  
Industrial Enterprises ◽  
Expert Assessments ◽  
Innovative Potential

The article examines the factors that determine the strategic efficiency of industrial enterprises, the criteria and ways of investment support for their sustainable development. The purpose of the study is to analyze the factors of sustainable development of an industrial enterprise based on increasing its innovative potential in Uzbekistan. The study used the methodology of logical, historical, statistical and comparative analysis, methods of expert assessments, economic modeling, a method for assessing the reliability of qualitative and quantitative statistical indicators. The main hypothesis of the study was the assumption that with the intensive transformation of innovation into a determining factor of sustainable development, an effective means of increasing the competitiveness of an industrial enterprise is the use of innovative potential. Presentation of the main material. The sustainable development of the enterprise is ensured by the possibilities of accumulating resources in the innovation sphere, their rational use within the framework of the selected priorities, that is, by increasing the innovative potential. The practical significance of the work lies in the application by the executive authorities of the research results when drawing up medium-term and long-term programs for the socio-economic development of regions. Conclusions and prospects for further research. The modern model of sustainable development of enterprises presupposes the systemic integration of the scientific and technical sphere into the processes of economic and social development. Proposals for ensuring sustainable development based on increasing the innovative potential in practice will make it possible to reasonably revise the strategic guidelines of an industrial enterprise and increase its sustainability, expressed in a change in the level of innovative potential.

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