Abstract
Difficulties in managing the effective development of an industrial enterprise is largely due to the lack of complex tools to measure it, which is aggravated by the lack of identification of the factors that affect the food industry enterprises. In the article, we investigated directions of providing of industrial enterprises effective development and determined conditions of their choice depending on organizational assets and enterprise’s added value dynamics. For every possible combination, we offered certain mechanism of effective development: internal – by means of enterprise’s self-potential activation, and external – by means of deep, moderate or shallow integration. Deep integration means full merger of the enterprise and is recommended in case of critical level of enterprise’s potential. Moderate integration is implemented by purchase of controlling block of shares and is carried out in case of critical or high enterprise’s potential combined with growth of added value. Shallow integration can be used in any combination of resources and added value and is implemented on a contractual basis without institutional and legal change. The concept of directions of providing of industrial enterprises development, that we worked out, is of applicable character and can be used by industrial enterprises regardless field and specific character of industry. Implementation of offered measures will provide industrial enterprises effective development, which will help to form organizational assets base of Russian economics, which is a powerful driver of modernization of Russian industrial enterprises and economics as a whole.
Highlights
Modern conditions of management stipulate the need to change the operation strategy of industrial enterprises, so the primary task is to form proper tools to provide effective development of an enterprise
Characteristic In this case integration is full merger/acquisition of an enterprise, that is of interest for effective development Is implemented by a purchase of controlling block of shares aiming at effective development of an enterprise Integration is implemented for the sake of effective development on a contractual basis without institutional and legal change, with agreement of perspective development
Relying on analysis of practical activities of experts in field of industrial enterprises management, food industry enterprises in particular, we singled out two criteria, to the fullest extent showing the state and directions of future effective development of an industrial enterprise: level of organizational assets of effective development and enterprise value
Summary
Modern conditions of management stipulate the need to change the operation strategy of industrial enterprises, so the primary task is to form proper tools to provide effective development of an enterprise. Merger is a free-will consolidation of two or more entities with the purpose to increase their business activity or monopoly creation, as a result a single economic entity is formed. Effectiveness of acquisition for the integration initiator lies in reduction of business and sales expense, purchase of trademark, expansion of scope of activities or elimination of unwanted competition and increase of influence on the market. Merger and acquisition of industrial enterprises represent reorganization, which is directed toward providing of effective development of an enterprise in order to achieve financial result (value increase). As a result of study of aims and purposes of mergers and acquisitions, we offer following table of classification of integration in order to provide effective enterprise development. As a result of study of aims and purposes of mergers and acquisitions, we offer following table of classification of integration in order to provide effective enterprise development. (table 1)
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