Abstract

Strategic management is a necessary condition for building a set of competitive advantages in modern economic conditions of regional economic systems. The aim of the article is to define and analyze quantitative indicators of regional economic development as a mirror of strategic management. In the article the characteristics of the main quantitative indicators that characterize the results of strategic management of the economy of the Transcarpathian region are presented.Quantitative factors include those that characterize the size of certain components of economic development. The latter provide a potential assessment through quantitative parameters. Such factors include the number of business entities and gross regional product. Structural shifts in economic phenomena allow us to assess the priorities of strategic management.In the article the dynamics of the gross regional product, the dynamics of the population of economic entities, the structure of enterprises by their size are analyzed. The results of the study indicate an insufficient level of strategic management, as evidenced by the decline of key economic indicators in the region. First, the region lacks a clearly defined strategy for regional business development, but in fact does not achieve leadership positions in competition with other competing regions. Secondly, there is no support for medium-sized businesses that grow from small, and this is an enterprise about regional support for small businesses. Third, there is also a trend of reducing the number of large enterprises, which is a negative marker of the state of strategic management of regional development.It is recommended to form monitoring hubs to intensify strategic management in the region, which will include both representatives of the administration and the business world; soon to the adopted strategy of regional development and obstacles to its practical implementation; pay attention to the competence of managers in the field of strategic management, development in the pro-cess of strategic management of mechanisms that use the nano-level.Keywords: strategic management, economic development, quantitative indicators of deve-lopment, regional economy, competitiveness.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.