Strategic Change in the Enterprise: Foresight and Management

Abstract

Mobility, flexibility for a change and innovations implementation are key features of small and medium-sized enterprises. However, unstable external and internal environments require developing more complex and sophisticated management systems of the enterprise. The authors see management carried out according to changes as the optimum for small and medium-sized enterprises. It is certain managerial decision-making and implementation machinery for adequate management decisions, which helps provide insight of future trends of organization’s development, what, in its turn, ensures economic stability and sustainability of organization’s development. Strategic change management includes evaluation and monitoring of indicators in areas of enterprise activity. The authors provide a matrix of criteria and economic performance of private strategies. In order to foresee and manage strategic change a dynamic model for strategic change management is given and represented in a table and a graph. Foresight involves creating an enabling area which is formed through changes in external and internal environments. Management involves evaluation of initial condition of strategic changes implementation and setting necessary actions and processes to reach an enabling area. This survey is theoretically and practically important as methodology and tools for successful foresight and management of strategic changes is devised.