Crisis Management Mechanism Research Articles

Social Media And (Non)Communication In Crisis: A Research On The Network Crisis Of GSM Operators

Kriz sırasında bilgiyi ve iletişimi etkin bir şekilde yönetmek oldukça önemlidir. Çünkü krizler bir belirsizlik durumu yaratır. Belirsizliğin üstünden gelmek için ise kamuoyuna bilgi iletmek önemlidir. Kamuoyu kuruluşlardan yeterli bilgi almadığı veya alınan bilgiden memnun kalmadığı takdirde başka alternatif kaynaklara yönelir. Bu durum yanlış bilgilerin ve spekülasyonların yayılma olasılığını arttırır. 26 Eylül 2019 tarihinde Silivri açıklarında meydana gelen ve İstanbul’da da hissedilen 5.8’lik depremden sonra telefon operatörlerinin bir süre hizmet verememesi sosyal medyada en çok konuşulan konu olmuştur ve bu durumu doğrulamıştır. Depremden sonra telefon şebekelerinde yaşanan sorundan dolayı operatörlerden hizmet alamayan 312 kişi üzerinde yapılan bu araştırma ile kriz iletişiminin öneminin daha iyi anlaşılmasına katkı sağlamak amaçlanmıştır. Yapılan araştırmanın sonuçlarına göre telefon operatörlerinin kurumsal itibarları oldukça yüksek bulunmasına rağmen kurumsal itibar kriz ortamının yaratığı belirsizlik durumlarında kolayca aşınan kırılgan bir varlık olarak görülmüştür. Kriz esnasında herhangi bir bilgi alınmaması kullanıcıların telefon operatörlerine yönelik güvenini düşürmüş ve olumsuz söylemleri arttırmıştır. Kriz esnasında yaşanan belirsizlik durumu ve öfkeden dolayı kullanıcıların sosyal medyada olumsuz mesaj iletme ve olumsuz mesajları beğenme/paylaşma oranı oldukça yüksek bulunmuştur. Kriz durumları tahmin edilemez dahi olsa bir kriz yönetim mekanizmasının olması ve doğru, tutarlı, hızlı ve etkili cevaplar verilmesi ve belirsizliğin üstesinden gelinmesi sosyal medyada olumsuz bir domino etkisi yaratmamak için kritik önem sahiptir.

Hashtag Construction as Product of Symbolic Convergence: Berger and Luckmann’s Approach

Social media refers to technology in which organizations and individuals interact with their audiences. Organizations and individuals interact through messages that each can produce. On the Twitter platform, conversation occurs through its special characteristic, namely the hashtag symbol. This interaction is interestingly analyzed through Berger and Luckmann's view that interpersonal social interaction is a social construction of reality. A view through this objective, symbolic, and subjective reality can then be a way for public relations to overcome the initial stage of a crisis. This research aimed to explore symbolic convergence process on Twitter hashtags in the construction of the reality of Berger and Luckmann as a mechanism for crisis communication management. This research used a constructivist paradigm with a netnographic method. The interactions observed at #BUMNdukungUMKM on August 16, 2020, were then analyzed with the Berger and Luckmann social constructionist approach. The results of this research are able to answer the research objectives where symbolic convergence is a process in social construction of reality. Hashtags are dynamic processes that can lead to social discourses. Hashtag construction is product of symbolic convergence on social media as a mechanism for crisis management.

Commercial bank’s anti-crisis management mechanisms for maintaining its financial stability

Importance. The emergence of crisis phenomena in the banking sector is natural, as banking activity is carried out under risk conditions, therefore, measures to prevent such phenomena or minimize their negative consequences are also necessary. Anti-crisis management in the banking sector has been developed in many countries since the banking crisis of 2008–2009. In addition to stricter requirements to banks, new mechanisms for maintaining banking sector sustainability and crisis management have been adopted.Objectives. The study is devoted to the analysis of existing crisis management mechanisms in Russian and foreign banks. The consequences of the practice of applying these mechanisms in global practice and opportunities for their improvement and application in Russia are studied too.Methods. In the process of achieving this objective, the methods of scientific knowledge were used: analysis and synthesis, generalization, and description. The research is based on the study and analysisof current scientific and practical materials and economic literature.Conclusions and Relevance. It was concluded that the improvement of procedures of bank rehabilitation and crisis management in the banking sector required the creation of new institutions of the financial market and the possible revision of the existing regulatory framework. The instruments of preventive and reactive anti-crisis management used in the Russian Federation have been identified. Preventive anti-crisis management methods are stress testing, identification of significant risks and creation of internal policy to manage them. Reactive anti-crisis management is represented by the actions of the Fund for Banking Sector Consolidation and the existing precedents of voluntary “rescue” of a number of banks by their main creditors and owners. Also were identifi ed unresolved issues regarding fraud risk management by top management and bank owners, which are one of the possible causes of systemic banking crises.

Strengthening the EU’s Response Capacity to Health Emergencies: Insights from EU Crisis Management Mechanisms

What could a European Union (EU) response mechanism to health emergencies look like in the context of a more integrated Health Union? Despite an increased EU role in the preparedness, monitoring and coordination of health emergencies over the past two decades, Member States’ responses to the first wave of COVID-19 were surprisingly uncoordinated. In light of calls to improve cooperation regarding future health emergencies, this article discusses the creation of EU surveillance, preparedness and response mechanisms for health emergencies. Using insights from previous research and secondary literature, we highlight gaps in the existing serious cross-border health threats regulatory framework and discuss opportunities for further EU action. Based on a comparison with other EU crisis management mechanisms (the Banking Union, risk preparedness in the electricity sector and food safety), we discuss different crisis decision-making and coordination models and their potential applicability to the health sector. We then formulate several propositions to strengthen Decision 1082/2013/EU on serious cross-border health threats to streamline ex ante pandemic preparedness and organise emergency responses.

Independence of the ECB and the ECJ during the Sovereign Debt Crisis: From Active Leadership to Rubber‐Stamping?

AbstractDuring the sovereign debt crisis the ECB and ECJ were constrained by two main factors: pressures from the Crisis Management Mechanism and the sovereign debt markets. Contributions claiming that the European Economic Constitution was transformed did not recognize that European policy makers managed to preserve its main features by reinforcing the role of the market. Other contributions, which claim that the sovereign debt crisis was solved only because of the active role assumed by independent institutions like the ECB and the ECJ, are also devoid of analysis of the underlying causes, which implicitly incentivized or hindered the responses from independent institutions. A unified synthetic approach could provide a better explanation for the trade‐offs faced by independent institutions during four peak moments of the sovereign debt crisis: the ECJ's decisions on the ESM and the OMT, and the ECB's decisions to start the OMT and emergency liquidity provision for Greek banks.

Open Hearts, Open Minds: Trust, Confidence and Security Building in Northeast Asia

ABSTRACT The East Asian peace has lasted since 1979, but regional and global rivalries, unresolved historical grievances, and new nuclear weapons threaten its continuation. In order to reduce these risks, confidence-building measures and crisis management mechanisms are needed. How can the states in Northeast Asia develop such measures, given their high level of mutual distrust? Should confidence-building measures come first, or does confidence-building depend on prior trust-building? This paper explores insights from the academic literature on trust, highlighting the role of trust entrepreneurs, who are willing to open their minds to the possibility of new relationships. Five steps are identified which can lead away from mistrust. The first is to replace enemy images with a recognition of a shared security dilemma. The second is to signal a willingness for change. The third is to persist even when signals are not returned. The fourth is to enter dialogue. The fifth is to pursue steps that embed further cooperation. This approach is applied to confidence-building, trust-building, and security building in Northeast Asia. A pathway forward is sketched, starting with confidence building between the two Koreas, leading on to a peace treaty, a nuclear weapon free zone, and co-operative security arrangements in the region.

The Post-Corona World and International Political Landscape: Emerging Challenges

The outbreak of the global pandemic and its global outreach has challenged and shocked the international community. It has paralyzed the nations through upending the mainstream social, political, and economic activities of nations. The Covid-19 related restriction further suspended the normal affairs of states under an international environment of a health emergency. The pandemic crisis has clearly communicated to the international community that the digital world has arrived because the dependency on information technology has raised the significance of hi-tech communication networks in the world. This global crisis has endangered international society and the nations are struggling against the Covid-19 viral disease. No doubt, the whole international system has gradually learned to survive in the health crisis and the leaders from around the world are thinking of resuming normalization, but the actual question linked to the global governance in the post-corona world is unanswered. This pandemic year has raised the need for a serious conversation on the future of global political order because the Covid-19 has undermined the conventional wisdom attached to the crisis management mechanism of states. In short, the heating debates of the post-corona international political environment have generated a process of de-globalization and the international community is approaching a new world based on new realities. Therefore, this study is an endeavor to estimate the probable future scenario which will become an undeniable reality in the post-corona world.

ASSESSMENT OF THE FINANCIAL STATUS OF FORESTRY ENTERPRISES OF THE MYKOLAYA REGION AS AN METHOD OF IMPLEMENTATION OF ANTI-CRISIS MANAGEMENT

The article presents an assessment of the financial condition of forestry enterprises in the Mykolaiv region of Ukraine, which was conducted on the basis of calculations and analysis of indicators of liquidity, financial stability and bankruptcy. One of the methods of analysis of the financial state of the enterprise is applied, in particular, the analysis of financial ratios on the basis of financial form 1 «Balance». The article gives a brief description and normative values of the analyzed indicators, economic conclusions and conclusions for the implementation of the function of prevention through crisis management. For analysis, the financial statements of nine forestry enterprises of the Mykolayiv Regional Forestry and Hunting Enterprise, which own a significant portion of the forested lands of the region, were used to determine the presence of crisis phenomena or the state of bankruptcy at the enterprises, and to further develop and improve the anti-crisis mechanism. management. Analyzing these indicators, the manifestations of the crisis, in the last three years and at the end of 2019, it was not revealed. According to the indicators, the enterprises of the region are in a satisfactory financial condition. However, given the state financing of the industry, the features of forestry business, to draw conclusions about the financial condition of the studied enterprises would be inappropriate without taking into account other factors that may have a significant impact on the financial status of the enterprise. That is why the analysis of financial condition is the basis for the formation of a crisis management mechanism that reflects the true state of the enterprise. In view of this, it is recommended to develop a unified methodology for assessing the financial condition of the forestry enterprise, which will take into account the specifics of its activities, and the results obtained will serve as a basis for further analysis of the enterprise’s activities within the framework of the crisis management mechanism.

Cooperation in the Face of Transboundary Crisis: A Framework for Analysis

AbstractThe nation state is discovering the limits of its crisis management capacities. The Ebola and Zika outbreaks, the financial crisis, the downing of flight MH17 over Ukraine, sinking ships overfilled with refugees, cyber-attacks, urban terrorism and existential environmental threats serve as strong reminders of the complex origins and transboundary dimensions of many contemporary crises and disasters. As these transboundary aspects of modern crises become increasingly manifest, the need for international, collaborative responses appears ever clearer. But that collaboration does not always emerge in time (or at all). Even in the European Union, which has various transboundary crisis management mechanisms in place, the willingness to initiate joint crisis responses varies. This observation prompted our research question: Why do states collaborate in response to some transboundary crises but not others? We bring together the crisis and collective action literatures to formulate a theoretical framework that can help answer this question. This article identifies crucial factors that facilitate a possible pathway toward a joint response.

FORMATION OF THE MECHANISM OF ANTI-CRISIS MANAGEMENT BY INTERNATIONAL ENTITIES

Introduction. The objective pattern of development of any socio-economic system is cyclical, which includes the crisis phase. This phase is especially evident in the current conditions of functioning of international business entities in various fields and industries. A review of scientific publications has demonstrated the fragmentary nature of research on the formation of an anti-crisis mechanism for managing international business entities. That is why the problem of studying the possibilities of survival in the economic crisis and the application of an effective mechanism of crisis management is one of the most pressing today. Purpose. The purpose of the article is to develop theoretical and methodological provisions for improving the substantive characteristics of the mechanism of crisis management of international business entities. Method (methodology). The article uses a number of general scientific research methods, including monographic method, methods of scientific abstraction and generalization, dialectical method, induction and deduction provided gradual refinement of structural elements of the mechanism of crisis management in modern conditions. Results. It is proved that the crisis is derived from the cyclical nature of the reserves of the economy, which on the one hand causes a real threat of bankruptcy for international businesses in a period of declining production, and on the other - is an objective prerequisite for their further growth and development. The periods of development of the crisis of the subjects of international business are formed and the managerial, financial and economic-legal crisis are singled out accordingly. The article proposes to understand the crisis of international business entities as a set of situations caused by exogenous and endogenous factors that upset the balance of the international business entity, and over time may lead to changes in organizational, economic and production mechanism of its operation. The authors of the article build a mechanism of anti-crisis management of international business entities, which is a set of elements, technologies and tools that provide prediction of crisis danger, symptom analysis, and identify measures to reduce the negative effects of the crisis for international business entities and the use of factors for their further development. The constituent elements of the mechanism of anti-crisis management of international business entities are grouped into six blocks: crisis diagnosis; selection and substantiation of influencing factors to determine the signs of crisis; determination of the phase (stage) of the life cycle of an international business entity; determining the type of crisis management; selection and substantiation of indicators for crisis diagnosis; implementation of crisis management. The proposed mechanism allows to bring international business entities out of crisis situations and ensure the stabilization of their financial condition.

CRISIS PHENOMENA AT MECHANICAL ENGINEERING ENTERPRISES: CAUSES, PROBLEMS OF ANTI-CRISIS MANAGEMENT, WAYS TO OVERCOME

Today's situation in Ukraine has a negative impact on the engineering industry. Political and economic instability, the war in the east and the global financial crisis have led to a systemic crisis in the national economy. The set of negative factors that prompted the crisis processes require the creation and application of a mechanism of crisis management, based on a comprehensive analysis of the dynamics and factors of their occurrence. The crisis as a phenomenon in the machine-building enterprise is caused by poor management and strategy of the organization, ineffective efforts to maintain a competitive position in the market. The conceptual apparatus on the research topic is considered in the article. A socio-economic analysis of the state of the machine-building industry has been carried out. External and internal factors of crisis phenomena at the enterprise are considered. The types of crises that occur in the engineering industry have been identified. The relationship between anti-crisis crisis management as an anti-crisis potential for overcoming crises is described. Crisis phenomena were identified on the example of an individual enterprise. Features and conditions that determine the effectiveness of the mechanism of crisis management in machine-building enterprises were considered. It was found that the anti-crisis management of the enterprise is also influenced by additional factors that are formed on certain grounds: scale, condition, causes. It is established that the main anti-crisis potential includes the following components: production, financial, resource, organizational and managerial, information, labor. The main ways of counteracting crisis phenomena at the enterprise of PAT AK «Bohdan Motors» are considered. The main causes of the crisis were identified at the analyzed enterprise and the problems of anti-crisis management were identified. It was found that effective incentives for crisis management will be: insurance of financial risks to cover the equity deficit, taking measures to achieve receivables, reducing financial transactions in the most risky areas of activity, the introduction of crisis rehabilitation and restructuring.

Anti-crisis approach in the industrial enterprise management: methodological tools of preventive regulation

The paper covers the theoretical and methodological framework for assessment of the crisis management effectiveness and the enterprise bankruptcy probability. At the present stage of the Ukrainian economic development, the main weaknesses in the activities of enterprises include: loss of sales markets, imperfect production and sales policy, lack of working capital, inefficient financial management, significant production costs, which produce signs of crisis processes and determine the feasibility of preventive approach anti-crisis management use. At the same time, the choice of the topic is due to insufficient research of this scientific problem as a whole and its relevance for the economy of Ukraine, especially in the context of the search for external investment resources, cooperation on this basis with the European Union. It was determined that one of the ways to solve the problem of predicting the probability of bankruptcy is the use of insolvency prediction models developed on the basis of the discriminant analysis method – Z-coefficients. The authors systematized the most well-known approaches to predicting the likelihood of bankruptcy of industrial enterprises, illustrated their advantages and disadvantages, the mutual consistency of use. It has been established that additional opportunities for monitoring the effectiveness of anti-crisis measures are created by a system of indicators characterizing the level of effectiveness of the anti-crisis management system. Evaluating the effectiveness of the anti-crisis program only on the basis of an analysis of relative indicators is not enough: during the global financial crisis, sometimes convincing indicators of efficiency are absolute indicators and a projected trend of their change. As part of this study, attention is paid to the analytical levers of the crisis management mechanism, which are aimed at preventive regulation and localization of crisis processes in the enterprise, restoring the effectiveness of production and marketing activities.

Swot analysis as a prerequisite formation of anti-crisismanagement mechanism of south of Ukraine

The purpose of the article is to carry out a thorough SWOT-analysis of theactivity of the State Enterprise «Mykolaiv Regional Forestry and Hunting Management» as a necessary factor for the formation of a crisis management system of forestry enterprises in the South of Ukraine. The identified potential threatsand inherent weaknesses in the activity of the investigated enterprise require theprompt implementation of an appropriate financial, economic and organizationaltechnical mechanism for the exit of the subject of economic activity from the crisis.Мethodology of the research is to use a set of methods: expert evaluation,comparative and system analysis. This methodological approach made it possibleto analyze the weaknesses and strengths of the activity of the studied enterpriseand to justify the use of a certain strategy on it. The scientific novelty of theobtained results is to investigate the possibility of using separate strategies in theactivities of forestry enterprises in the South of Ukraine. The scientific noveltyof the obtained results is to investigate the possibility of using separate strategiesin the activities of forestry enterprises in the South of Ukraine. The necessity toimplement a strategy aimed at enhancing the ecological and protective function offorest plantations is substantiated. The scientific conclusions drawn on the chosenstrategy determine the necessary directions for the development and implementationof the appropriate mechanism for crisis management of subsidized forestryenterprises. Conclusions. The conducted SWOT-analysis of the activity of the StateEnterprise “Mykolaiv Regional Forestry and Hunting Management” revealed theweaknesses and strengths of the entity, singled out the existing opportunities andpotential threats of the enterprise. The possibility of using a strategy aimed atenhancing the ecological and protective function of forest plantations in theactivities of forestry enterprises in the South of Ukraine has been proved. Thedetermined strategy necessitates further research on the formation of componentsof the respective mechanism of crisis management of forestry enterprises in theSouth of Ukraine.

GOVERNMENT CONFLICT MANAGEMENT:

Conflict management in public authorities is a system of management measures for the diagnosis, prevention, overcoming and neutralization of crisis situations and manifestations, as well as their causes in various government structures. Such an activity involves prediction of the degree of danger of crisis manifestations in public authorities, study of its symptoms, as well as measures to reduce the negative effects of the crisis and usage of its features for subsequent development. Each management to a certain extent has a place to be anti-crisis or begins to become so in degree of entry of the organization into the period of crisis development. Neglect of such a situation entails rather negative consequences, while its consideration contributes to an effective way out of different crisis situations [1].The research methodology involves a thorough analysis of crisis management, as well as the conflict essence in government structures. The article attempts to distinguish between the concepts of “crisis” and “conflict”, “management” and “settlement”. The theory of conflict acts as a methodological basis. Crisis management in government bodies has an impact subject represented by crisis factors, that is, all factors of exacerbation of contradictions, causing the risk of its extreme manifestation, the onset of a serious crisis. The paramount importance and priority of crisis management in various state bodies reflects the need for any organization and person to overcome, resolve and setlle crisis situations, to make possible mitigation of its consequences, and to use its potential. Understanding of crisis and conflict as a natural and inevitable phenomenon in the process of development of the organization determines the relevance of constant research, creation, improvement of crisis management mechanisms.

Organizational support of the crisis management mechanism of the industrial enterprises activity on the basis of reflexive approach

Theoretical background : In today’s circumstances of volatility and uncertainty in the activities of industrial enterprises, there are always risks of emerging crisis phenomena. In such a situation, top management should realize that only a well-established system of crisis management will enable the timely detection of “weaknesses” and prevent the threat of bankruptcy of enterprises in the future. The establishment of this system can be ensured through the proper organizational support of the mechanism of crisis management, which, besides traditional tools, should take into account non-traditional, namely reflexive management tools. Ultimately, taking into account psychological factors of behaviour as well as rational ones is an important factor in the adoption of quality managerial decisions. The implementation of reflexive methods of influence on such subjects enables them to be inclined towards actions that are benefitial to the enterprise and contribute to its improvement, with a small financial expense, in order to constructively resolve conflict situations – the factors of occurrence of crisis phenomena. Purpose of the article : The purpose of the article is to substantiate the theoretical and applied principles of the organizational provision of the mechanism of crisis management regarding the activity of industrial enterprises, on the basis of the reflexive approach. Research methods : In the process of solving the tasks, general scientifi and special methods of research were used. The dialectical method allowed for the exploration of the components of the mechanism of crisis management of the activities of industrial enterprises and the stages of its organizational support in terms of their interconnection and interdependence. Analysis and synthesis were used to assess the activities of industrial enterprises with foreign investments in Ukraine and define the tasks of organizational support for their crisis management. Grouping, comparison and scientific synthesis were used in the development of recommendations for the use of a modern low-cost reflxive approach in the interaction of personnel of industrial enterprises with key stakeholders. Main findings : The development of organizational support for the mechanism of crisis management of industrial enterprises should include a sequence of stages: the analysis of the organizational structure of the enterprise; the analysis of job descriptions of personnel related to the implementation of the functions of crisis management of the enterprise; the allocation of new functions and the justifiation of the need to create additional structural units, as well as the regulation of their interaction; and the management of personnel resistance by innovation. The use of the reflexive approach in implementing the mechanism of crisis management regarding the activity of the industrial enterprise is a low-cost way of reforming the existing system in terms of its functioning and the impact of the company’s staff on stakeholders, in order to incline them to make the decisions necessary for the company to achieve the goals set out in the crisis programme.

Інформаційний механізм публічного антикризового управління ризиками виникнення надзвичайних ситуацій в Україні

У статті досліджуються теоретичні питання шляхів удосконалення інформаційного механізму публічного антикризового управління ризиками виникнення надзвичайних ситуацій в Україні. Розкриті категорії та суспільні відносини в сфері управління цивільним захистом, зокрема досліджено теоретичні надбання та погляди науковців на стан і цілі системи управління в сфері цивільного захисту в Україні за умов виникнення надзвичайних ситуацій.
 Метою статті є з’ясування понять «інформаційний механізм» і «публічне антикризове управління» в якості окремих управлінських категорій, визначення яких пов’язане з використанням сучасних механізмів і методів (інструментів) державного управління в країні, а також аналіз новітніх теоретичних досліджень щодо формування ефективних суспільних відносин у сфері застосування інформаційного механізму державного управління ризиками виникнення надзвичайних ситуацій за умов реформування всієї національної управлінської системи, зокрема в сфері цивільного захисту.
 Наукова новизна. У роботі досліджено теоретичні питання управлінського процесу в сфері цивільного захисту та шляхи удосконалення інформаційного механізму державного управління ризиками надзвичайних ситуацій.
 Висновки. У роботі обґрунтовані наукові положення щодо удосконалення використання в управлінській практиці в сфері цивільного захисту механізмів публічного управління, які знаходиться ще на початковому етапі. В теоретичному контексті наука державного управління потребує розкриття суспільних відносин та конкретизації категорій в сфері управління цивільним захистом, зокрема за умов військових дій на території держави.

ПРОБЛЕМИ АНТИКРИЗОВОГО УПРАВЛІННЯ В БАНКАХ

The purpose of the article is to study the problem of bank crisis management and to develop actions on the improvement of current situation in banking sector of Ukraine. In order to ensure the effectiveness of bank crisis management it is necessary not only to assess and control banking risks, but also to solve the most urgent problems in this area. The majority of bank crisis management systems today require the immediate improvement through adoption of adequate management decisions and efficient use of internal resources. In the modern conditions, the formation of a crisis management mechanism in the banking sector in general and in each individual bank requires a reorientation of the National Bank and the managers of banks on early identification of potential problems and on the risk tendency from one or another bank itself. This includes the development and implementation of new approaches to assessing the quality of banks' activities, developments of trust and cooperation between banking institutions and regulators. The important element of such mechanism should be the preparations that includes the high quality planning of crisis procedures, the improvement of the bank supervision content, the strengthening of market discipline and transparency of Ukrainian banks. Based on the experience of foreign countries, authors propose to develop and implement new approaches and mechanisms of bank crisis management that forms a clear strategic orientation on a timely basis; to identify the problems of bank crisis management and the ways of solving them; to formulate the set of measures that will neutralize the problems of bank crisis management. With effective crisis management mechanism, banking institutions will be able to adapt to changes in the external and internal environment, function and develop despite economic, political and social changes in the world.

Formation of economic and managerial tools for anti-crisis diagnostics of construction companies

The task of the enterprise management is to form an effective management mechanism, to develop measures to overcome financial crises and to eliminate their negative impacts, which requires the need to create a modern economic and management tools for crisis diagnosis of the enterprise.The purpose of the study is to analyze theoretical and methodological approaches of Ukrainian and foreign scientists on the concepts of "crisis management mechanism" at the operational, tactical and strategic levels of the enterprise.The article deals with the theoretical aspects of enterprise crisis management. The purpose and tasks of the crisis management of the construction enterprise are determined. The necessity of formation of modern economic and management tools of anti-crisis diagnostics of the enterprise is substantiated.The author argues that the formation of the mechanism of crisis management of a construction company must take into account the specifics of its activities and general, characteristic of the entire industry, features of construction activity regardless of the objects under construction and their purpose, among which are the following: variability, temporary nature, variety of construction production and the nature of the final products, the technological interconnectedness of all operations, the instability of the ratio of construction work in terms of their complexity and types of extension ohms of construction, the participation of various enterprises in the production of final construction products, the role of climate and local conditions, real estate construction products, long economic cycle and low speed of capital turnover, high cost of construction objects, significant duration of their operation, the need to attract significant amounts of resources, which explains the widespread practice of prepayments and one hundred percent subscription, a high degree of consumer individualization, and more.Consideration of these features in the development of tools for crisis management of construction enterprises requires the development of separate methods and models purely for construction.

АНТИКРИЗОВЕ УПРАВЛІННЯ У ФІНАНСОВІЙ ДІЯЛЬНОСТІ БАНКУ: ТЕОРЕТИКО-МЕТОДОЛОГІЧНІ АСПЕКТИ

Досліджено сутність антикризового управління у фінансовій діяльності банків. З позицій формування механізму антикризового управління фінансовою діяльністю банків конкретизовано основні принципи: комплексності, функціональності, прозорості, керованості, оптимальності, ефективності; превентивності. Здійснено систематизацію методів антикризового управління у фінансовій діяльності банків у розрізі державного рівня і рівня комерційних банків.

FORMATION OF THE SYSTEM OF IMPLEMENTATION OF THE CRISIS MANAGEMENT MECHANISM BASED ON THE EXAMPLE OF MINING ENTERPRISES

In conditions of economic instability, the problem of implementation of the crisis management mechanism in modern industrial enterprises is of particular importance. The problem of the research is to develop recommendations as a result of the analysis of the financial condition of industrial enterprises of Ukraine in an unstable economy. The paper discusses the features of the implementation of anti-crisis programs in modern mining and processing enterprises with the determination of the share of equity for the difficult conditions of production and economic activity. The aim of the research is to analyze the financial condition of industrial companies and develop recommendations to overcome the crisis. Taking into account the specifics of mining and processing enterprises, in order to overcome the crisis and solve the problems of production for the effective use of raw materials, the paper identified logistics and financial opportunities, made a forecast of the financial condition in the near future and determined the probability of termination of their activities, as well as developed sound recommendations in the context of the implementation of the crisis management mechanism at iron ore plants. The main methods used in the study: analysis, synthesis, comparison, models for assessing the probability of bankruptcy.