Social resources in the industrial enterprise development strategy

Abstract

Mainstreaming of the issue of resources in the implementation of enterprise development strategies makes it necessary to determine the extent of its impact on the efficiency and quality of labor, with a focus on the formation and use of a whole range of social resources. The presented study is based on a decade of comparative research that covers 19 industrial enterprises across Saint Petersburg to examine the effects of resources on the efficiency of an enterprise in pursuaing its strategic objectives.Aim. The study aims to substantiate the way resources increase performance and improve the efficiency of development strategy implementation in indusitral enterprises.Tasks. The authors perform a theoretical and empirical analysis of the problem of using the social resources of industrial enterprises, analyze risks of insufficient management support in a market economy, and develop a set of measures aimed at optimizing the use of internal resources to increase the performance of industrial enterprises.Methods. The theoretical and methodological basis of the study includes the interview method, expert assessment, content analysis, and findings of foreign and Russian scientists in the field of social and labor relations, development of labor potential, improvement of the enterprise management system, formation of behavioral practices among employees to improve labor efficiency.Results. This study provides a practical assessment of social resources at industrial enterprises in terms of the social expectations of employees, the level of trust between individuals and groups, commitment to the goals and values of the enterprise, opportunities for creative and professional fulfilment, perception of the fairness of compensation, social and psychological climate, etc. It is established that disregard for the resource component leads to social and psychological division, divergence of values, spiritual and moral positions, employee performance benchmarks, and impaired productivity in general. The study substantiates the importance of coordinated goals for each functional unit; procedures for continuous collection and analysis of enterprise performance data; development ofprofessional knowledge, skills, abilities, and experience; the need to identify, assess, and provide managerial support for the socially important qualities of employees.Conclusions. The obtained empirical data make it possible to develop a set of measures for industrial enterprises to identify, assess, and provide managerial support for the socially important qualities of employees, and to optimize the use of internal reserves that are the most significant resource for the enterprise development strategy.