ENTERPRISE DEVELOPMENT STRATEGY. CASE STUDY

2018 ◽  
Vol 19 (3) ◽  
pp. 109-123
Author(s):  
Dawid Żebrak
Keyword(s):  
Development Strategy ◽  
Management System ◽  
Clothing Industry ◽  
Business Activity ◽  
Enterprise Development ◽  
Market Conditions ◽  
Strategic Approach ◽  
Strategic Goals ◽  
A Company

The contemporary market conditions and risks occurring in business activity enable enterprises to redefine their management system towards a more strategic approach. A company development strategy is the way in which the enterprise intends to perform its mission and reach its strategic goals. This strategy reflects different maners and company development range. The main aim of consideration is to be identified areas of the company’s development strategy in theoretical and empirical terms. This dissertation is a case study based on data collected from the clothing industry

scholarly journals Risk Management Culture as a Systematic Method for Ensuring Safety Development

2019 ◽  
Vol 8 (4) ◽  
pp. 8652-8657
Keyword(s):  
Risk Management ◽  
Development Strategy ◽  
Management System ◽  
Market Conditions ◽  
Systematic Method ◽  
Management Culture ◽  
Risk Management System ◽  
Risk Managers

Issues of developing a culture of risk management, today is perhaps one of the most significant in risk management. The lack of a well-built risk management culture is for many companies, one of the main barriers to building an effective risk management system. It should be understood that all methods that are used to manage risk are as effective as the culture of risk management in the organisation. It depends on the culture of risk management how secure the organisation can feel as part of its development strategy. The development of a risk management culture, in contrast to increasing the costs of expanding the risk management department, is an intensive way to increase the effectiveness of the risk management system and, as a result, provide the possibility of safe development under any market conditions and challenges. By cultivating a risk management culture for the entire hierarchy of employees, you can achieve much better results than simply hiring expensive risk managers.

scholarly journals ENTERPRISE DEVELOPMENT POTENTIAL MANAGEMENT: A STRATEGIC APPROACH

2020 ◽  
Author(s):  
Olha Vovk ◽  
◽  
Anna Dudik ◽  
Keyword(s):  
Strategic Management ◽  
Enterprise Development ◽  
Strategic Development ◽  
Development Potential ◽  
Innovative Technologies ◽  
Theoretical Substantiation ◽  
Strategic Approach ◽  
Leading Position ◽  
Strategic Goals

The research reveals the strategic principles of managing the development po-tential of the enterprise. In order to achieve these goals, the company needs to opti-mize the structure of resources, create economic opportunities, apply innovative technologies and effectively use existing competencies. In order to be in a leading position in the market, the company must respond in a timely manner to all changes that constantly occur in the external environment of the company. And one of the main goals of the company is to maintain its internal environment and strengthen its image from the outside. Development potential is formed and used in accordance with the strategic goals and prospects of the enterprise. The strategic approach to the management of development potential is becoming an important factor in the development and effective functioning of enterprises in modern conditions. Thus, finding and improving concepts and approaches in the field of strategic management of enterprise development potential allow to build a rational modernization base. This allows for long-term development of the enterprise and strengthening its position in a competitive environment. The paper considers the theoretical foundations of a strategic approach to managing the structure of enterprise development potential. Scientific achievements in the theories of enterprise development potential management are analyzed. Theoretical substantiation and solution of the scientific problem of strategic management of enterprise development potential is carried out. It consists in the formation of theoretical and methodological provisions based on the developed conceptual model of enterprise development potential. The world experience of strategic management of enterprise potential and its practical application for Ukrainian enterprises is also considered. The authors proposed directions for the implementation of innovative technologies in the management of enterprise potential. This allowed to form the priorities of strategic development and adaptability of the enterprise. The proposed theoretical principles reveal the modernization prospects and conditions for the introduction of modern digital technologies in the processes of strategic management of development potential.

scholarly journals Statistical process control and CAQ systems as a tools assuring quality in the automotive industry

2019 ◽  
Vol 2 (1) ◽  
pp. 336-344
Author(s):  
Łukasz Wiecha ◽  
Grzegorz Ćwikła
Keyword(s):  
Quality Management ◽  
Process Control ◽  
Statistical Process Control ◽  
Automotive Industry ◽  
Management System ◽  
Quality Management System ◽  
Statistical Process ◽  
Assurance System ◽  
A Company

Abstract The aim of the article is to present the case study of implementation of the example CAQ system, which allows to meet the requirements of IATF 16949:2016 and the VDA 6.1 standards in the field of statistical process control (SPC). The foundations of the CAQ systems concept and their specific requirements, especially for companies operating in the automotive industry, for which modern CAQ tools are necessary, in the described case based on the LEAN-QS program, are presented. The article presents the observations and results of the analysis of the operation of the quality assurance system in a company that is a supplier of car parts. One of the modules of the LEAN-QS program was implemented there, which makes it possible to meet the requirements of a certified quality management system. The effectiveness of the presented tool was demonstrated, allowing to meet industry requirements while minimizing resources necessary for supervision and proper implementation of the quality management system process, which in this case is the SPC.

scholarly journals INNOVATION ACTIVITY MANAGEMENT OF ENTERPRISES UNDER SELF-DEVELOPMENT

2020 ◽  
Vol 6 (2) ◽  
pp. 25-31
Author(s):  
Marharyta Berdar ◽  
Olha Yevtushevska
Keyword(s):  
Development Strategy ◽  
Management System ◽  
Block Diagram ◽  
Practical Experience ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Enterprise Development ◽  
Self Development ◽  
Activity Management ◽  
Definition Of

There are the research directions, determined as relevant, such as the issues of innovation activity management of enterprises, identifying the main causes of low innovation activity of domestic companies, improving the innovation activity management system of industrial institutions, which necessitates the formation of a scientific and methodological basis that can realize the ability to describe the process of innovation activity of the enterprises and mechanisms to manage them. These issues are also relevant because in the context of strengthening the course on European integration, the management of domestic enterprises is tasked with identification of the methodological and practical experience of innovative management of the EU countries as soon as possible and harmonization of their policies in accordance with its provisions. The subject of the study is complex research of management of innovative activity of enterprises under self-development. The purposes of the article are a study of the main directions of operation of innovative-active enterprise under self-development; analysis of key indicators of innovation activity of an enterprise; characteristic of the mechanism of innovation activity management of an enterprise in terms of self-development; definition of directions of policy of strengthening of innovation activity with the purpose of increase of efficiency of development of domestic enterprises. To achieve these purposes the following research methods are used: analysis and generalization of theoretical sources and scientific literature; abstract-logical method in the process of theoretical generalizations and formation of conclusions; prognostic and diagnostic; general scientific methods of analysis and synthesis. Results. The article describes the concept of innovation activity of the enterprise and details its main elements. The authors have also formulated the concept of innovative-active enterprise and presented the priority directions of its operation. The basic aspects of improvement of the innovation activity management system of the enterprise under self-development are considered. The key aspects of improving the management system are highlighted: analysis and evaluation of changes in the operation of the enterprise (evaluation of innovation activity); choice of direction of innovative development of the enterprise; development of strategy of innovative operation (definition of priority of directions, their correlation, development of scenarios); control of implementation of the enterprise development strategy. The process of improving the system of management of innovative activity of the enterprise under self-development is presented as a block diagram. The process is considered and the mechanism of innovation activity management is proposed. Practical implications. The article presents the process of managing innovation activity according to the degree of selfdevelopment of the enterprise. The proposed mechanism has practical orientation in forming a set of measures for strategic development of the enterprise. In general, the paper outlines the main tasks for improving the innovation activity management system, the solutions of which will improve the effective functioning of the enterprise.

scholarly journals PROCEDURE FOR FORMING AND IMPLEMENTING THE STRATEGY OF ENTERPRISE DEVELOPMENT

2020 ◽  
Vol 1 (1) ◽  
pp. 14-19
Author(s):  
Kateryna Malinoshevska
Keyword(s):  
Development Strategy ◽  
Technological Development ◽  
Modern World ◽  
Negative Consequences ◽  
Enterprise Development ◽  
Functional Strategy ◽  
Management Processes ◽  
Strategic Goals ◽  
Strategic Policy ◽  
Labor Resources

The purpose of the article shows that formulating a strategy is an important and necessary process because it helps to unite the efforts of many people and, through their coordinated work, achieve the set purposes: how to achieve the goals, what to do and how to direct the efforts of the company and its individual employees determines the strategy of the company. The problems that organizations face and how they can be solved are highly relevant in today's economy. Methodology. A scientific approach to solving problematic issues allows us to model possible situations and avoid negative consequences due to the wrong strategic policy of the organization. The main purpose of this article is to identify methodological approaches to the evaluation of the characteristics, properties of the enterprise development strategy and the introduction of classification strategies based on the performance indicators of enterprises that characterize the effectiveness of their functioning in the market. Results. Changing the environment in which an enterprise operates in a market economy forces the company to adapt to new conditions, that is, to formulate its strategy. Increasing the intensity of production, the maximum use of financial and labor resources, determine the need for new methods and approaches, that is, the strategy of enterprise development. In a competitive market, it is impossible to be successful by providing low-quality services or offering low-quality goods. Before developing business management processes, a functional strategy must be developed. Practical implications. Strategies at any level usually do not have resources or the ability to use resources in such a way as to ensure complete confidence in success. As a result, the final and important criterion is the risk assessment of less than the achievement of strategic goals. Acceptance of unavoidable risks is part of the work of strategists in the modern world, and the ability to clearly articulate the nature and extent of risk is the first step in reducing its impact. If the risk is defined as unacceptable, it is necessary to revise the tasks, changes in concepts, increase resources, or some complex of these actions. Improvement of the regulatory framework of strategic planning should include mechanisms, a number of regulatory documents and bills, the adoption of which will be carried out by the scientific and technological development of enterprises. The proposed specification of factors that influence the choice of strategy, the comparative characteristics of management systems, the proposed ways to increase the set of decision-making rules will help determine the main areas of activity of the enterprise.

scholarly journals Management system for agricultural enterprises competitiveness

2019 ◽  
pp. 70-78
Author(s):  
Alla Chykurkova ◽  
Maksym Gorikhovskyi
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Management System ◽  
Modern Theory ◽  
Key Factors ◽  
Agricultural Enterprises ◽  
Difficult Time ◽  
Long Run ◽  
Level Of Economic Development ◽  
Strategic Goals

Introduction. The purpose of any production is to get the most possible profits in a market economy. Therefore, they can confidently develop their production and financial activities only those enterprises that receive from it the highest economic result. Those companies that work inefficiently, with a low profitability or are generally loss-making, are not viable. Producers of low-quality products or inefficient enterprises experience the greatest difficulties. However, the most powerful firms can flourish in a difficult time, because they go to segments of the market, which previously served by competitors who were ruined. As the experience of recent years has shown, most modern enterprises are not ready for competitive struggle. One of the key factors that determined the complexity of the situation is the lack of systematic representations about competitive advantages, how to create them and with which methods to implement them. The modern theory of competition, which has many practical provisions, is a powerful scientific base for solving important problems in the system of competitiveness management. Methods. The following methods are used when conducting the study: monographic, statistical, calculation and constructive. Results. The study of the essence of the concept of competitiveness and determination of its level in the context of development of farms and ensuring the realization of their strategic goals of the activity has been carried out. The constituents of the management of the competitiveness of farms are substantiated. The results of calculating the rating of the level of economic development of farms and the grounded development strategies of the farms of the Khmelnytskyi region are presented. Discussion. Increasing the efficiency of the organization in the long run depends, first of all, on the choice and implementation of the economic development strategy. Since the competitiveness of the company depends both on its activity and on the external environment, it is necessary to allocate and analyze the factors that have a significant impact. Priority directions for improving the competitiveness of farms are the introduction of geoinformation systems, the establishment of a servicing cooperative and the union of farmers, which will become an important task of scientific research into the future. Keywords: agricultural enterprises, farms, competitiveness, management system, land resources, production, development.

scholarly journals Sistem Pengelolaan Kegiatan Perusahaan Menggunakan Identifikasi QR Code

2021 ◽  
Vol 2 (1) ◽  
pp. 123-136
Author(s):  
Dani Yusuf ◽  
Joni Warta ◽  
Sri Rejeki
Keyword(s):  
Data Management ◽  
Management System ◽  
Data Management System ◽  
Qr Code ◽  
Activity Data ◽  
Response Code ◽  
Quick Response Code ◽  
A Company ◽  
Process Participant

Activities in a company or institution are something that is usually done, the forms of these activities are generally training, socialization of new regulations, inauguration, and so on. These activities need to be recorded and the data managed as documentation or reference and consideration in subsequent activities. This activity requires planning starting from preparation, scheduling, distributing invitations via email, to implementing and recording the attendance of invited participants. The case study was conducted at PT Pelni Indonesia as an Indonesian National Shipping company that often carries out internal activities within the company. The problem that occurs in the management of company activities at PT Pelni is that so far it is still using the manual system. The participant registration process, participant data collection, sending invitations, recording participant attendance and so on are carried out in handwriting and stored in an excel file. Of course, this makes it difficult to search and manage data, and allows data loss or document slippage to occur. One solution that can be used to overcome these problems is to build an information system for managing company activity data. The management system can assist the HRD for data management needed in the implementation of activities carried out by the company. QR Code technology is also used to encrypt participant invitation numbers, verify participant data and to record attendance. The result of developing this system is a data management system for company activities by utilizing Quick Response Code (QR Code) technology. The generated QR Code can store various participant data in only 1 code and is used to verify participant data.

Reinforcement learning for content's customization: a first step of experimentation in Skyscanner

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chiara Giachino ◽  
Luigi Bollani ◽  
Alessandro Bonadonna ◽  
Marco Bertetti
Keyword(s):  
Reinforcement Learning ◽  
Mobile Application ◽  
Randomized Experiments ◽  
Content Type ◽  
First Results ◽  
Strategic Goals ◽  
Potential Benefits ◽  
The Right ◽  
A Company

PurposeThe aim of the paper is to test and demonstrate the potential benefits in applying reinforcement learning instead of traditional methods to optimize the content of a company's mobile application to best help travellers finding their ideal flights. To this end, two approaches were considered and compared via simulation: standard randomized experiments or A/B testing and multi-armed bandits.Design/methodology/approachThe simulation of the two approaches to optimize the content of its mobile application and, consequently, increase flights conversions is illustrated as applied by Skyscanner, using R software.FindingsThe first results are about the comparison between the two approaches – A/B testing and multi-armed bandits – to identify the best one to achieve better results for the company. The second one is to gain experiences and suggestion in the application of the two approaches useful for other industries/companies.Research limitations/implicationsThe case study demonstrated, via simulation, the potential benefits to apply the reinforcement learning in a company. Finally, the multi-armed bandit was implemented in the company, but the period of the available data was limited, and due to its strategic relevance, the company cannot show all the findings.Practical implicationsThe right algorithm can change according to the situation and industry but would bring great benefits to the company's ability to surface content that is more relevant to users and help improving the experience for travellers. The study shows how to manage complexity and data to achieve good results.Originality/valueThe paper describes the approach used by an European leading company operating in the travel sector in understanding how to adapt reinforcement learning to its strategic goals. It presents a real case study and the simulation of the application of A/B testing and multi-armed bandit in Skyscanner; moreover, it highlights practical suggestion useful to other companies.

Sign in / Sign up

Export Citation Format

Share Document