Abstract

The article explains the concept of the company sustainable development strategy based on its economic security level, which includes the economic security concept loss threat control; and the concept of company sustainable development based on the fact, that the company in a developed market should not only defend, but also ensure its development. After it implementation of decomposition is applied to the system of strategic economic security through a balanced scorecard, which allows translating the mission and vision into a set of operational goals and targets. The main components of strategic economic security provision are: business processes, finance, contractors and staff; based on the state which economic security level is determined as: high, normal, low or critical. After that, the strategic prospects are set, i.e. transition from the lowest to the highest economic security level takes place, passing the economic security fields. In order to do this, certain company development strategy is selected, the mechanism for its implementation is being worked out. At the same time, company sustainable development strategy is identified in the case of a growth strategy use, which implies a transition from endogenous development strategy to introductive or introspective development strategy with further access to multi-integral development strategy. If there is inverse relationship, one can not speak of any sustainable development strategy. Besides, development, implementation and use of monitoring for the design process of the company's development strategy taking into account its economic security level acquires great importance.

Highlights

  • As a result of the economic security risk transformation for a company in terms of its components, we have found that external threats include those from the counterparties while the typical internal ones include threats from the business process operation; mixed economic security threats to a company originate in such components as personnel and finance

  • Shesterikova [17], we have identified four development strategies for a company taking into account its economic security level: 1. The critical security level the most preferable one is orthogonal development strategy, which is aimed at immediate results

  • If there is inverse relationship, one can not speak of any sustainable development strategy

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Summary

Sustainable development strategy formation for business corporations

1 finance and credit department , Voronezh State Agricultural University, Michurina str. 1, Voronezh, 394087, Russia 2 management and marketing in agro-industrial complex department, Voronezh State Agricultural Universi-ty, Michurina str. The main components of strategic economic security provision are: business processes, finance, contractors and staff; based on the state which economic security level is determined as: high, normal, low or critical. The strategic prospects are set, i.e. transition from the lowest to the highest economic security level takes place, passing the economic security fields. Development, implementation and use of monitoring for the design process of the company's development strategy taking into account its economic security level acquires great importance

Формирование стратегии устойчивого развития коммерческих организаций
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Conclusion
КРИТЕРИЙ АВТОРСТВА

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