Strategies for the socio-economic development of a mining enterprise

Abstract

Relevance. Ensuring the long-term competitiveness and efficiency of mining enterprises requires increasing the pace of development: the introduction of new technologies, the improvement of labor methods, the implementation of institutional transformations. However, the implementation of the innovation strategy does not occur systematically, at an insufficient pace, with an excess of resource costs and a systematic failure to achieve planned results, due mainly to subjective factors based on contradictions between economic goals and the social policy of the enterprise. Purpose of the study: the formation of standard strategies for the socio-economic development of a mining enterprise, depending on the dynamics of the external and internal environment. Research methods. In the course of the study, the methods of structural-functional analysis, abstract-logical modeling, socio-economic forecasting, production experiment and systems approach were used.. Results. On the basis of the study of the processes of transformation of the mining industry, the general problems hindering the innovative development of enterprises are highlighted. The main reason for such problems is managerial inconsistencies between technical and economic capabilities and motivational mechanisms. Based on the study of the transformation processes of mining enterprises, four standard strategies of socio-economic development have been developed that ensure the transition to sustainable development based on a balanced distribution of limited resources between social and economic goals. Conclusions. The fundamental strategies of socio-economic development are determined by overlapping development cycles of the external and internal environment: concentration, adaptation, evolutionary and innovation. The correct choice of strategy allows making rational management decisions: in crisis conditions - to reduce economic losses, to preserve the assets of the enterprise and the operability of the technological subsystem; in favorable conditions - to realize the potential of the enterprise based on the growth of efficiency and sustainability of its work