METHODICAL APPROACH TO MANAGING ECONOMIC SUSTAINABILITY OF ENTERPRISES

Abstract

Studies have shown that there are four main methodological approaches to managing the economic stability of enterprises: functional, systemic, situational and process. The functional approach sees economic stability as a set of interrelated management functions that are the basis for the division of labor, organization of management processes and the formation of organizational structure. The systems approach is since economic stability is a set of interconnected elements that ensure the sustainable development of the enterprise by establishing optimal relationships between them and the formation of stable relationships. The situational approach is diametrically opposed to the system and is to develop a set of management actions to ensure the economic balance of the enterprise in a certain period in a particular market situation. The process approach to the management of economic stability is manifested in the form of development and implementation of strategic and operational management decisions that can ensure the sustainable operation and development of the enterprise. After analyzing these methodological approaches to managing the economic stability of enterprises and assessing their advantages and disadvantages, an integrated system-adaptive methodological approach was proposed. This approach, based on the advantages of functional, systemic, situational and process methodological approaches, provides a set of strategic and operational management actions aimed at reconciling elements of economic stability as a system, applying the principles of adaptive management to ensure effective level of economic stability. It should be noted the basic principles characteristic of the system-adaptive methodological approach to the management of economic stability of the enterprise: systemic - economic stability is considered as a system that contains interconnected elements; integrity - requires both economic stability as a whole and at the same time as one of the subsystems in the system of operation of the enterprise; structuring - involves the analysis of elements of economic stability as a system, as well as their relationship within a particular organizational structure; dynamism - takes into account the need to ensure economic stability in both the short and long term; equality - provides the same share of influence of all elements of economic stability as a system in determining the level of economic stability of the enterprise. Keywords: economic stability, system method of management, functional method of management, situational method of management, process method of management.