STRATEGY FOR ENSURING FINANCIAL AND ECONOMIC SECURITY OF INDUSTRIAL ENTERPRISES: DEVELOPMENT, SELECTION AND IMPLEMENTATION

Abstract

In the article it is determined that in conditions of variability of factors of the external and internal environment, enterprises are faced with the problem of deterioration of the results of financial and economic activity, a decrease in the level of financial and economic security and need the development and implementation of a set of tools for recovery and maintenance of performance indicators. It has been established that under the conditions of the strengthening of the negative influence of the factors of the market environment, the occurrence of financial crises during the long-term period, the use of the system and management mechanism for ensuring financial and economic security is insufficient and the level of financial and economic security is decreasing. The expediency of developing and implementing a strategy to ensure financial and economic security, which will allow to restore activity indicators under the condition of an increase in the number of threats and risks, is substantiated. It is proposed to improve the scientific-methodical approach to the development, selection, and implementation of a strategy for ensuring financial and economic security at industrial enterprises based on the application of complex, strategic, and integration approaches. The use of a scientific and methodical approach made it possible to develop a strategy for ensuring financial and economic security by applying the strategy development mechanism, the strategy selection mechanism, and the strategy implementation mechanism. It was determined that the strategy should function on the basis of interaction with the system and management mechanism for assuring financial and economic security, the general strategy of the enterprise. The application of the scientific and methodical approach made it possible to develop three types of strategy in accordance with the defined parameters, and the implementation of the chosen type of strategy will allow restoring the level of security, which will affect the increase in indicators of financial and economic activity. A feature of the strategy of ensuring financial and economic security is the neutralization of the influence of factors of the market environment, maintenance, restoration and growth of the level of financial and economic security, improvement of financial and economic activity.