Renovation and sustainable development of the industrial energy enterprise: economic and legal management mechanism

Abstract

The article improves the economic and legal management mechanism of renovation and sustainable development of the industrial energy enterprise, based on the dominant system, regularity and sequence of effective management decisions in strategic and tactical aspects, which combines goals, objectives, directions and problems of renovation sustainability. Using the hierarchy analysis method, main goals and activities of the industrial enterprise, aimed at improving sustainable development, were identified. The system of budgets allows to assess in advance the consequences of the current state of affairs and the implemented strategy of the financial condition of the enterprise. Budgeting becomes the link between strategic management by senior management and operational management at lower levels. Budgeting helps aim managers at all levels to achieve the tasks set before their centers of responsibility and increase the professionalism of managers. Budgeting contributes to a detailed study of activities of units and relationship between the centers of responsibility in the enterprise, which is relevant today.