Companies In Various Industries Research Articles

Corporate social responsibility: comprehensive analysis

The article presents the results of the study conducted by the authors on the assessment of the progress of the corporate social responsibility of Russian companies in various industries on the basis of public information. The authors have developed a method of rapid assessment of the progress of corporate social responsibility, distinguished by the composition of indicators presented in public nonfinancial reporting, harmonized with the requirements of Global Reporting Initiative (including GRI G4 and GRI Standards) and available for calculation and interpretation by a wide range of stakeholders, which allows conducting a review diagnostics of the dynamics of responsible practices and comparative analysis of companies.

전략적 제휴 기업 간 거리적 요소가 제휴 성과에 미치는 영향에 관한 연구: 중국 제휴기업 사례 연구

Multidimensional distance/accessibility is the focus of interest for scholars globally in recent years. However, scholars have so far differed in the definition and distinction of the concept of multidimensional distance. Therefore, in this work, we first define the concept of multidimensional distance being based on previous research, and then classify major factors of multidimensional distances against the backdrop of strategic alliances which is emerging new paradigms of corporate management. The purpose of this study is to understand how the reclassified multidimensional distance affects the performance of corporate partnerships through empirical research. We also analyze whether alliance duration may moderate the relevance between multi-dimensional distances and alliance performance. This study analyzes the survey data by targeting Chinese companies in various industries. The results shows that organizational, social and cognitive distance between alliance partners have a positive impact on the alliance performance. Alliance duration has moderated the relationship between geographical and cognitive distance and alliance performances. This study may give a meaningful insights on the management of strategic alliances in terms of partners distance and alliance performance.

ЭФФЕКТИВНОСТЬ ИНЖИНИРИНГА В ФОРМИРОВАНИИ КОНКУРЕНТОСПОСОБНОСТИ СТРОИТЕЛЬСТВА

The COVID-19 pandemic has really become a real shock for the whole world. The way of life has changed not only for people, but also for companies in various industries. Today, the real estate market, like many other industries, is in conditions of economic instability. The study highlights the problems faced by the construction sector in the current conditions of the coronavirus pandem-ic. One of these problems is the sustainable competitiveness of construction and its compliance with new consumer preferences. Aim. The study of the influence of engineering solutions and other fac-tors on the competitiveness of construction in modern economic conditions, the definition of key criteria. Development and description of the decision-making methodology for choosing the optimal construction enterprise from the point of view of competitiveness. Materials and methods. The methods of system analysis, optimization methods, hierarchy analysis and decision theory are ap-plied in the work. Within the framework of the proposed methodology, the author's method of identifying key competitiveness criteria has been developed. Since the problem of choosing the optimal solution from among the alternatives is based on a multi-criteria approach, the use of this method is quite appropriate. The template for the formation of the methodology was identified based on the analy-sis of existing research in this area. Results. The author summarizes and supplements the criteria and factors affecting the competitiveness of construction organizations in the study. The author's method of making a decision on determining the optimal construction enterprise from the point of view of competitiveness based on the criteria considered by the author is presented. This technique includes several stages: 1) forming a goal; 2) formation of criteria by which organizations will be evaluated; 3) calculation of criteria for each organization and bringing them to a homogeneous type of data; 4) building a tree of goals and a matrix of priorities; 5) Determining the values of priority vectors for each organization under study. Conclusion. The total influence of criteria and engineering solutions on the competitiveness of construction is determined. In this regard, the implementation of the con-struction project should be carried out taking into account the strategic goals of the organization and binding to the identified criteria. The proposed methodology is developed for Russian construc-tion companies operating in modern economic conditions.

Re-establishment and Regarding Trust and Transparency, Blockchain’s Contribution to the Solution of a Thousand-Year Problem

Trust is the most important key element in the history of humanity and its success. We see and witness an emerging and exciting technology called Blockchain, eliminating losses caused by anti-trust and relieves pain in our social-build environment. Although the atmosphere in business, management, and society today has been heavily altered and involved, trust stays the same. This requirement leads companies in various industries to use new techniques to ensure their customer's business is in safe hands. Unfortunately, most of the current research is heavily based on the Bitcoin currency rather than its underlying technology, which focuses on revealing and improving Blockchain's limitations from managerial value perspectives. Many of the proposed solutions lack a concrete evaluation of their effectiveness. Many other Blockchain scalability related challenges, including throughput and latency, have been left unstudied. In this study, enabling functions is studied, and Blockchain's contribution to organisations' management is discussed. Besides, applicability in today's economic environment in various industries is studied. It is understood that after the development of technologies that eliminate centralised structures such as Blockchain, the business world is keen to adapt to this change. In this context, it is concluded that including new technologies such as Blockchain increased trust in various industries, and in the majority of the studies, Blockhain considered being an element to reduce costs and create a more transparent environment. It can be said that this technology contributes to the development and better understanding of the application area of the industries mentioned in the study.

Digital trace data as a tool for assessing competencies: the case of the Gazprom neft

Large companies can use the analysis of employees’ digital trace data to increase the efficiency and objectivity of business processes of assessment of employee competencies. New technologies allow to accumulate data on the activities of employees related to their work performance in the information systems of companies. The results of employees training, protocols of their interaction on professional issues, the results of recruiting procedures form their digital footprints and can be used to regularly assess their professional growth. A significant problem in applying the idea of using digital footprints to assessing competencies is the choice of assessment metrics. At present, there are no described methods of using digital footprints of personnel. The objective of the work is to describe the case of using the digital footprints to assess the level of professional competencies of data science specialists from Gazprom Neft and describe the approach to assessing the professional competencies of employees using their digital data. Gazprom Neft has chosen as the assessment metric the level of competence employee development, which is determined through a set of “activities” of employees confirmed by digital artifacts, information about which is entered into the information system. The method for assessing the professional competencies of employees described in the article, was used as the basis for an approach to assessing competencies using digital data. This approach makes it possible to increase the efficiency of business processes in HR and can be used in companies of various industries and scales. The key advantages of the approach are its universality and objectivity. The results of the research can be used in companies that use a competency-based approach to the assessment of professional competencies of personnel, and form the first step in the development of the theory and practice of using digital traces of employees in company’s management.

Циркулярна економіка як частина корпоративної стратегії організації

In today’s environment, organizations need new corporate strategies and models to protect profitability and competitiveness, as well as the heritage of natural resources. A circular economy is a model of production and consumption in which all resources and products are reused in the economic cycle, which can significantly reduce waste generation and create additional economic benefits for business. This is especially important in the context of the recovery from the economic crisis caused by the COVID-19 pandemic. Implemented quarantine restrictions have revealed how sensitive to global risks and inflexible the linear economic system is. The purpose of this study is to identify and analyze ways to implement circular economy models in the corporate strategy of the organization. The objectives of the article are to study the latest publications on the definition of circular economy, corporate strategy and their relationship, description of the strategic planning process taking into account the models of circular economy, identification of basic business models of circular economy, analysis of examples of implementation of circular models conclusions. To achieve the goal of the study, the authors’ different approaches to the interpretation of the concept of “corporate strategy” and its formation within the circular economy were analyzed, the process of strategic planning was highlighted and the main types of values created by the circular economy were identified. The key circular business models and their relationship with the corporate strategy of the organization are highlighted. The main part of the article analyzes examples of implementation of the concept of circular economy in the corporate strategies of four selected Italian companies in various industries. A comparative description of the roles of the circular economy in the corporate strategy of each company and the benefits gained in the process of its implementation was carried out. Conclusions were drawn on the importance of implementing the ideas of the circular economy at the stage of forming the strategy of the enterprise to achieve economic, environmental and social benefits.

Influence of External Environment Analysis on the Competitiveness of Business Operations of an Industrial Enterprise (Evidence from Mining and Metallurgical Industry)

The aim of the study was to analyze the influence of environmental factors on the effective activities of an organization. The objectives of the paper was to study environmental factors and evaluate methods and approaches to analyze the state of the external environment of the organization. An integrated and holistic mechanism of understanding the problems associated with the analysis of enterprise external environment that can be used in the practical activities of companies in various industries has been formed. Design/methodology/approach: The methodological framework of the study was the provisions of economic theory, organization economics, a dialectical approach to the study of the stated problem, as well as management systems in business structures in a rapidly changing external environment. The methods that were used in this analysis can be combined into two main groups: methods for collecting data on the external environment and analysis methods. The latter include the following methods: PEST analysis, EFAS, industry analysis, SNW analysis, SWOT analysis. The information framework of the study included the scientific and methodological publications of domestic and foreign authors, statistical, informational, analytical, reference sources, materials from current publications and periodicals, reporting data of enterprises in industrial entrepreneurship, expert assessments of domestic and foreign analysts. Findings: In the course of study, methods and approaches were analyzed that allow analyzing the state of enterprise external environment and draw conclusions about the competitive position of the enterprise. Based on the results of the analysis, a calculation and economic justification for increasing competitiveness was presented using the example of the activities of PJSC MMC NORILSK NICKEL. The proposed activities will allow the company to monitor changes in the external environment, thereby responding faster to them. That will allow the company to occupy a leading position in the market. Research/practical implications: Theoretical and practical findings related to determining the impact of the analysis of enterprise external environment on the competitiveness of the enterprise’s business can be used by industrial enterprises in the process of managing competitiveness risks, in terms of assessing and developing the competitiveness of the enterprise structures, and developing organizational mechanisms to create favorable conditions for the business environment. Methodological and practical results of the study are of scientific interest to scientists, post-graduate students, students and practitioners in assessing the factors that determine the competitive advantages and the competitiveness of industrial enterprises, while developing measures to identify and mobilize reserves to improve their competitive positions. Individual recommendations provided in the study were used in practice by the enterprises of mining and metallurgical industry. Originality/value: The scientific novelty of the study lies in complementing and developing scientific provisions related to the analysis of the enterprise external environment on the competitiveness of the enterprise’s business. The most significant results associated with the scientific novelty include the following: key methods for diagnosing the enterprise external environment are examined, which allow analyzing the state of the environment of the enterprise and drawing conclusions about its competitive position. A mechanism for practical application of methods through the example of a particular enterprise and a portfolio of managerial decisions to minimize the risks that arise is proposed.

PENGARUH GOOD CORPORATE GOVERNANCE, FIRM SIZE, STRUKTUR MODAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN ANEKA INDUSTRI, INDUSTRI DASAR DAN KIMIA DI BEI PERIODE 2014-2017

Pengajian ini dibahas untuk menilai Good Corporate Governance (GCG) dari Ukuran Perusahaan, Struktur Modal atas Pengembalian Investasi di Berbagai Perusahaan Industri, Dasar dan Kimia. Pengambilan sampel menggunakan purposive sampling yang dihasilkan sebanyak 38 perusahaan sampel dari populasi 110 perusahaan dengan total 168 pengamatan unit analisis. Hasil penelitian menyatakan bahwa Good Corporate Governance (GCG), Ukuran Perusahaan, dan struktur modal secara simultan memiliki pengaruh yang signifikan dan signifikan terhadap pengembalian investasi (ROI) di berbagai industri, industri dasar, dan bahan kimia di Bursa Efek Indonesia. secara parsial Tata kelola perusahaan yang baik tidak berpengaruh dan tidak berpengaruh signifikan terhadap pengembalian investasi, ukuran perusahaan secara parsial memiliki pengaruh negatif dan tidak signifikan terhadap pengembalian investasi dan struktur modal secara parsial berpengaruh negatif dan signifikan terhadap pengembalian investasi di perusahaan di berbagai industri, industri dasar, dan bahan kimia di Bursa Efek Indonesia.

Мировые тенденции инвестирования инновационной деятельности

The article presents the current problems faced by many of the largest companies in various industries related to the impact of the Covid-19 epidemic. The article describes the countries that have achieved high results in the process of active innovation implementation. It is revealed that financing plays an important role at every stage of the innovation cycle, from the conceptualization of a product, service or technology to their commercialization and subsequent development. Today, relatively new financing mechanisms are widespread, such as intellectual property markets, crowdfunding and solutions in the field of financial technologies. Policy measures to stimulate investment contribute to the emergence of new growth points and the achievement of long-term goals, which is important for the future development of countries. It is proved that the effectiveness of cooperation between countries and their internationally agreed research projects can effectively counter the trend of increasing protectionism and solve important social problems at the present stage and in the future

РАЗВИТИЕ СИСТЕМ ПОДДЕРЖКИ ПРИНЯТИЯ РЕШЕНИЙ НА ОСНОВЕ ИСКУССТВЕННОГО ИНТЕЛЛЕКТА В МЕНЕДЖМЕНТЕ РОССИЙСКИХ КОМПАНИЙ

The modern process of strengthening and developing the digital transformation of company management is impossible without the development of digital skills of managers and leading specialists based on the use of digital tools. The relevance of the study of the introduction and use of digital support systems and decision-making based on artificial intelligence elements by leading Russian companies in various industries is a priority at the national level. The purpose of the research is the modern development of digital innovations of decision support systems, assessment of the advantages, prospects and competitiveness of domestic digital developments in the industry management areas of companies in the Russian Federation. The author of the study has set a solution to the main task – to analyze the role and importance of digital solutions in the transformation of business processes and management of leading Russian companies as promising drivers of digital technology development. The methodology of the research conducted by the author is based on general scientific methods of analysis and synthesis, as well as mathematical and statistical methods of study. The research conducted by the author showed that the advantages of the introduction and active use of digital innovations of the class of decision support systems by Russian enterprises are the optimization of production and operational business processes, increased efficiency, the development of new competitive quality products and services, increased productivity and occupational safety, as well as a qualitatively new level of customer service. The development of digital innovations of the class of decision support systems at the level of middle management makes it possible to effectively redistribute routine and complex operational tasks, transferring some of them to digital algorithms, reducing time costs and stimulating the development of new professional skills of managers and leading management specialists.

Are They Reporting the Right Thing and Are They Doing It Right?—A Measurement Maturity Grid for Evaluation of Sustainability Reports

An accessible way to monitor company sustainability, is to study sustainability reports. In spite of wide adherence to the extensive Global Reporting Initiative standards, sustainability reports still vary considerably regarding how well these are integrated and used. The purpose of this paper is to present and test a maturity grid for sustainability reports assessment that enables critical stakeholder needs analysis of sustainability reports. Based on a stakeholder needs perspective we argue that the right thing in a sustainability report means reporting in the entire value chain for main sustainability impacts. Doing this right means having externally set targets for main sustainability impacts, using relevant absolute and relative indicators, and having an easy to read report presenting main performance compared to targets for a period of at least seven years. Some 50 sustainability reports from Swedish companies in various industries were collected and assessed using the maturity grid. Results indicate that the maturity grid is usable, but that the sustainability report assessment still is difficult, and that variability of the assessments are high. Furthermore, the observed indicative levels of measurement maturity in organizations are low suggesting that most companies still are struggling with understanding what sustainability means to them.

The Effect Of Tax Planning On Firm Value (Empirical Study Of Various Industrial Companies Listed On The Indonesia Stock Exchange)

In order to reduce the tax burden that must be paid, many companies carry out tax management, which is a comprehensive effort made by the tax manager (tax manager) in a company or organization so that matters related to taxation of the company or organization can well managed, efficient, and economical, so as to provide maximum contribution to the company. This study aims to determine the effect of tax planning on firm value. The sampling technique used is purposive sampling, the final sample size is 69 companies of various industries listed on the Stock Exchange. Indonesia 2016-2018. The analysis method used is simple linear regression analysis of panel data using SPSS 24.00. Based on the research results, it shows that tax planning has no and insignificant effect on firm value. It is recommended for further research if you want to follow up on tax planning and company value or with a similar research topic, it can be expected to add other variables, such as the profitability variable. Management is expected to be able to minimize its tax burden every year, because high tax burdens will have an impact on reducing profits.

PENGARUH PENERAPAN SRHRM DENGAN DUKUNGAN KARYAWAN BAGI KEGIATAN CSR EKSTERNAL PERUSAHAAN DI JAKARTA DAN SEKITARNYA

<p class="Style4">This study aims to look at the relationship between Socially Responsible Human Resource Management (SRHRM) and employee support for the perception of Corporate Social Responsibility (CSR). The data collection method used for the research is through surveys, which are distributed to employees of several companies in various industries in Indonesia and the collected data are analyzed using the Structural Equation Modelling (SEM) method. The findings of this research suggest that SRHRM practices will affect employee support for external CSR through the creation of a socially responsible organizational climate. Therefore, it should be considered by companies in Indonesia throughout its operations particularly for the company’s human resource department. This research contributes to expanding the CSR and HR literature which is still uncommon particularly in Indonesia.</p><p><strong>Keywords:</strong> Corporate Social Responsibility, Organizational Climate, Socially Responsible Human Resource Management</p>

Social implementation of healthy diets.

Many issues regarding the social implementation of healthy diets remain to be solved. The structure of these issues and the route to achieve social implementation are not well organized. Working Group 3 of the Healthy Diet Research Committee of International Life Sciences Institute, Japan, surveyed some precedent cases aiming to establish a healthy diet and, by categorizing the success factors, developed recommendations for the social implementation of a healthy diet. Interviews were conducted with 8 "good health management" companies in various industries that target the "work area." In the hearing, the Reach, Effectiveness, Adoption, Implementation, Maintenance model was used as a reference for evaluating the intervention effects. Many problems in implementation were revealed, especially with respect to continuity in and approaches to addressing indifference to health. "Management intention," "Linking with their own business," and "Visualization" were cited as factors for successful implementation of the health measures.

The Foresight Methodology in Strategic Planning at Regional Level

Purpose: The article aims to use foresight as one of the most effective tools for long-term forecasting of regions and industries development, and the formation of future maps with the subsequent development of scenarios of strategic development of the region. Design/Methodology/Approach: The use of foresight in Europe and the USA, as well as the prospects for its use in Russia for the purpose of regional strategic planning is to identify those factors that influate the economic development at the regional level, to reflect the main advantages and disadvantages of foresight methodology and to formulate recommendations on the implementation of foresight methodology in the region. Findings: A structural-logical scheme for foresight research at regional and sectoral levels has been formed, which will provide an opportunity to improve the methods and technologies of strategic development in an unstable economy as in the example of Russian regions. A scheme of the foresight study was proposed by the authors to attract investors to the regional development projects. In authors’ opinion the influence of sectoral and regional perspectives and the innovative activity of companies in various industries will help to create reserves and a base to ensure the economic sustainability of the analyzed regions. Practical Implications: The results may be implemented into managerial practices in order to improve and increase the effectiveness of regional strategic planning. Originality/Value: The main contribution of this study is in the shift of emphasis on conceptualizing and incorporating the foresight methodology to the theory of strategic planning at regional level.

A Hybrid Ant Colony Optimization and Simulated Annealing Algorithm for Multi-Objective Scheduling of Cellular Manufacturing Systems

During the last 2 decades, there have been many manufacturing companies in various industries that used the advantages of cellular manufacturing layouts. However, determining the best schedule for cellular layouts considering uncertain product demands is a big concern for scientists. In this research, a multi-objective decision-making model is proposed in the process of dynamic cellular production planning where the market demands are uncertain. In this regard, a non-linear mixed integer programming model is developed. The complexity of the model is high to consider the model as NP-hard. Therefore, a hybrid Ant colony Optimization and Simulated Annealing Algorithms are proposed to solve the problem. Then, the Taguchi method is used to estimate appropriate sets of parameters of the proposed algorithm. The results demonstrated that the proposed algorithm can generate the best part-routes of products in terms of time, cost and load variance in a reasonable time. The algorithm is then used for a cellular production plant which is the producer of heavy vehicles parts.

BUDGET ASSESSMENT FOR INVESTMENT-CONSTRUCTION AND DEVELOPMENT PROJECTS (THEORY AND PRACTICE)

The practical value of standards in the field of project management is often discussed by specialists in various fields of project activity. Practicing project managers at the lower and middle levels often complain about the lack of clear and effective tools for solving specific problems of the project management execution. However, the skillful standards application may increase the success likelihood of a wide range of diverse projects with obtaining the expected business values “at the output” of the project. The systematic experience of the best specialists, acquired during the implementation of various projects and placed in the standards, can become the basis for the professional competencies development and the formation of competitive advantages for project companies in various industries. The aim of this study is to establish links between the methods recommended by the Project Management Body of Knowledge (PMBoK) for determining the budget of projects and the methods used in practice for determining the cost of construction projects, formalized in the current regulatory documents and state building codes of Ukraine. To this end, the PMBoK standard determined the basic methodological foundations of the project cost management process, its components and characteristic features. Then, based on recent publications and building standards, the main stages of the life cycle of construction projects were established, in which the cost of design work is assessed, the goals of such an assessment and the project participants that carry it out are determined. As a result, a complete methodological identity was established between the project cost estimation methods recommended by the PMBoK standard and the construction cost determination methods specified in the current regulatory documents of the Ukrainian construction industry, which confirms the full suitability of the PMBoK standard for use in construction project management practice. Research findings determine the use of the standard by both novice specialists and qualified project managers of construction projects.

Influence of Strategic Factors on Early Internationalization of Small and Medium Enterprises in Nigeria

Abstract The study on strategic factors and internationalization of small medium enterprises (SMEs) has continued to gain attention across the globe as most indigenous organization desire to take their products and services to international markets. As such, this study tried to ascertain the influence of the strategic factors element of the early internationalization process and tendencies of firms going to foreign market within the period of one to five years which signifies early internationalization. Two different objectives emanated from that main goal: The first is to investigate the influence of firm orientation on early internationalization mode, and the second is to assess the relationship between early internationalization strategies and success of SMEs. Two hypotheses were tested in line with the objectives through the data collected from purposively selected twenty companies in various industries through standardized questionnaires. Both descriptive and inferential statistics was explored to evaluate the hypotheses and variable relationships. The findings reveal that strategic factors significantly affect internationalization of firms when organization put into consideration both external and internal factors towards internationalization, it further shows relationship exist between the factors and what affects SMEs from going global. The study finally recommends that SMEs should consider strategic factors as it will help them to avoid pitfalls while going international.

How do mature born globals create customer value to achieve international growth?

PurposeThis study aims to investigate how mature born global firms create value for customers to achieve continued international growth.Design/methodology/approachThe study employs a case study approach to investigate the under-researched area of how mature born globals create value for customers and, by doing so, contribute to their continued international growth. This in-depth examination of how three born globals developed over time uses interviews, observation and secondary data.FindingsThe findings indicate that the entrepreneurs of born global firms, that continued to grow, created a culture in the early stages that supported value creation for foreign customers. These firms have built a competitive position by developing international niche products. They have also implemented a combination of proactive and reactive market orientation to facilitate the creation and delivery of value to customers. To maintain growth, they further invest the revenues earned on additional international marketing activities and continuously enhance their focal products.Research limitations/implicationsThe study relies on three cases. We therefore recommend that future studies extend the scope of the research to several companies in various industries and countries, in which the theoretical arguments can be applied. In addition, further studies that test the propositions developed in this study, in different contexts, are highly recommended.Practical implicationsTo gain international growth, managers should create an organizational culture that facilitates satisfying international customer needs. Firms should continuously invest in sales and market development (e.g. social media marketing, personal selling) and undertake technology development of niche rather than new products. To achieve international growth, managers need to standardize part of the offer to achieve economies of scale and adapt the other part to international customers' needs.Originality/valueResearch on born globals has focused on the early stages of their internationalization processes, while largely neglecting the later stages (mature born globals) or the factors that lead to continued international growth. To address this gap, this study explores what happens when born globals ‘grow up’. This study contributes to the literature by capturing the factors and processes underlying how mature born globals create value for customers, for international growth. In particular, the study shows that the culture and strategies developed in the born globals' early stages also lead to international growth in later stages. The mature born globals have also invested in niche products, brand building, and effective market channels and adopted a combination of proactive and reactive market orientations.

RISK MANAGEMENT IMPLEMENTATION PRACTICES IN RUSSIAN INDUSTRIAL COMPANIES: RESULTS OF AN EMPIRICAL STUDY

The article analyzes the practice of implementing risk management in Russian industrial companies. The study conducted a survey of 96 industrial companies in various industries in order to identify the features of implementing a risk management system in Russian industrial organizations. The main goals of implementing risk management systems in industrial companies, the features of organizational risk management structures, the amount of costs for maintaining risk management systems, risk assessment methods, the activities of industrial organizations that integrate risk management processes, and the level of automation of risk management systems were identified.The method of assessing the level of maturity of risk management is proposed: absent, managed, quantitatively managed, optimized and advanced levels.Using cluster analysis, groups of Russian industrial companies in various industries were identified by the level of process maturity of the risk management system. The most developed in the field of risk management systems are companies in the mining industry, mechanical engineering, as well as those engaged in the production of consumer goods. Companies with the least developed level of risk management include companies in the furniture, pulp and paper, cosmetics, and pharmaceutical industries, as well as those that produce building materials.On the basis of the survey identified the main barriers introducing a comprehensive system of risk management of industrial companies.The described research areas will help to increase the effectiveness of the risk management system, which will help to increase the strategic stability of the company.