Abstract
The article discusses the issues of assessing the effectiveness of managing structural units of a vertically integrated oil company (VIOC). The features are identified and the effectiveness of the management of VIOC structural units in the context of individual business segments is assessed; the main problems in their management are identified. Using the results of the study will allow a more reasonable approach to determining the directions of increasing the efficiency of managing the structural divisions of the oil company and will be useful in identifying and developing priorities for the strategic development of VIOC.
Highlights
A specific feature of the modern oil industry is the predominance of oil companies in it, which have chosen the strategy of vertical integration as a priority development strategy
This determines the need to use a differentiated approach to assessing the effectiveness of management of structural divisions within the vertically integrated oil company (VIOC)
The possibility of applying this approach is provided by the balanced scorecard (BSC) developed by R
Summary
A specific feature of the modern oil industry is the predominance of oil companies in it, which have chosen the strategy of vertical integration as a priority development strategy. This strategy allows oil companies to expand their activities, control the entire production process, improve the quality level of final products, and strengthen the company's position on the market in market economy conditions. The rapid development of vertically integrated structures in the Russian oil industry has pushed the issues of effective management of their constituent structural divisions into the background. Building and improving vertical integration is possible only in the conditions of effective management of their structural divisions. The search for ways to improve management efficiency is not possible without conducting a comprehensive assessment of the existing management practices of structural divisions of the VIOC, studying the features of management and identifying factors that affect the level of its effectiveness
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