Abstract
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.
Highlights
IntroductionThe management of large companies in the context of constant changes in the parameters and level of competition, as well as the aggressive influence of the external environment on the organization’s activities, identifies the detection and overcoming of crisis situations as well as the development of measures to achieve sustainable development [1]
The slowdown in world economic development, the dramatically exacerbated political situation in various regions of the globe, and the instability of economic relations led to the fact that many states again paid close attention to the issues of increasing competitiveness and sustainable development of key sectors for their countries, and economic systems of the national economy.The management of large companies in the context of constant changes in the parameters and level of competition, as well as the aggressive influence of the external environment on the organization’s activities, identifies the detection and overcoming of crisis situations as well as the development of measures to achieve sustainable development [1]
The main problem that needs to be addressed immediately is the improvement of the mechanism for the strategic management of the investment policy of companies whose sustainable development will inevitably be inhibited without ensuring the correct adaptation of the investment strategy to rapidly changing external and internal environment variables
Summary
The management of large companies in the context of constant changes in the parameters and level of competition, as well as the aggressive influence of the external environment on the organization’s activities, identifies the detection and overcoming of crisis situations as well as the development of measures to achieve sustainable development [1]. There has been a decline in business activity in Russia. The business activity index (PMI) in the manufacturing sectors in the Russian Federation in September was the lowest in 10 years. In September, it was 46.3 points against 49.1 points in August Experts call such a fall absolutely shocking. A number of indicators point to a possible improvement in the September environment, experts do not rule out a new recession in the manufacturing sector. As the IHS Markit company note, September was the fifth month of continuous decline in business activity in the industrial sectors of the Russian economy. “The latest average manufacturing PMI for the quarter at 48.2 points was the worst since the second quarter of 2015”
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