Abstract
The electric power industry is at the dynamic development stage, which is accompanied by reconstruction and modernization of fixed assets. It is necessary to understand that this process leads to the risks that the company will bear in the innovative projects implementation. In this regard, the issues on electric power enterprise efficiency management are relevant. In addition, in market economy, the factors of both external and internal environment can affect the efficiency of an enterprise. The set of these factors, as well as the strength of their influence can vary depending on the industry and enterprise’s activities. In this regard, the purpose of this study is to formulate a system of recommendations for managing the efficiency of an electric power enterprise. The object of research is the electric power enterprise of IDGC of the NorthWest, PJSC. The result of the study is an econometric model, which describes the influence of external and internal factors on the electric power enterprise efficiency. The recommendations developed on the basis of this econometric model are relevant for the construction of strategies and management systems for the efficient operation of electric power enterprises.
Highlights
Consideration of external and internal factors of the economic environment is required to assess the financial stability of the enterprise, as well as the efficiency of its resources
The reason is that the functioning and development of the basic sectors of the national economy in many ways depend on the efficiency and effectiveness of the domestic electric power industry
The power industry is at the stage of active development, accompanied by introduction, modernization and reconstruction of fixed assets
Summary
Consideration of external and internal factors of the economic environment is required to assess the financial stability of the enterprise, as well as the efficiency of its resources. The aim of this study is to develop a system of recommendations to improve the efficiency of the electric power enterprise To achieve this aim it is necessary to solve the following tasks:. To study the impact of the internal environment on the enterprise efficiency, we selected financial stability coefficients based on the characteristics of the specific organization of ROSSETI JSC. Factors that do not have a direct impact on the activities of the organization, but should be taken into account to develop the right strategy, were chosen as external signs-factors (indicators). These include: the level of inflation, the refinancing rate, the population, the average wage in Russia, the number of apartments in Russia. If the resulting version of the model matches other criteria of its quality, the process of making the model can be considered complete as a whole
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