Efficiency Of Enterprise Management Research Articles

Analysis of Global Artificial Intelligence Development Situation and Its Impact Path on Management Efficiency of Enterprises and Governments

Analysis of Global Artificial Intelligence Development Situation and Its Impact Path on Management Efficiency of Enterprises and Governments

Innovative application of particle swarm algorithm in the improvement of digital enterprise management efficiency

At present, the management of most enterprises still adopts the traditional business model, which is difficult to meet the requirements of modern informatization. To effectively improve the efficiency of digital enterprise management and solve the limitations of traditional management methods in resource allocation, decision-making, and process optimization, an experiment is proposed for a digital enterprise innovation management method based on Particle Swarm Optimization. The research results show that the method is applied to the enterprise for simulation experiments, and the efficiency obtained after using the method is as high as 99.5 %, which is nearly 2 % higher than the enterprise management efficiency obtained before the method is not used. The results show that the proposed Particle Swarm Optimization has high reliability and accuracy for improving the management efficiency of digital enterprises, and can provide new research directions and ideas for the development and progress of enterprises in the Internet era.

The Factors Affecting the Small and Medium Enterprises Management in Shanghai

Administrative aspects are recognized as crucial components for the efficient functioning of the entire enterprise, especially in influencing daily operations. Each administrative link influences regular operations in different ways. At the level of decision-making, the scientific implementation of command and control is highly urgent. The optimum performance of corporate departments relies heavily on the implementation of effective decision-making processes. Although prominent leaders and principals hold significant guiding power over each department, this authority is often misunderstood. The power of leadership should not be overexerted or left unused. Instead, it should be strategically employed to foster and enhance the efficiency and productivity of each department. This study investigates the lasting impact of administrative factors on the efficiency of enterprise management. By promoting efficient administrative practices and well-informed decision-making, leaders can ensure that each department operates at its highest potential. This approach not only streamlines the enterprise's daily operations but also contributes to its long-term success and sustainability. Overall, the study highlights the intricate and essential relationship between administrative factors and enterprise management efficiency.

Research on Human Resource Management Information Construction in Small and Medium-sized Enterprises

To make the talent role get maximum use and improve the efficiency of enterprise management, small and medium-sized enterprises should be information as an important breakthrough, into the enterprise human resource management, in order to improve the enterprise human resource management ability, provide comprehensive data support and decision support, promote the enterprise personnel decisions adapted to the strategic objectives of the enterprise. Small and medium-sized enterprises to better match the information, we must take the initiative to the transition to find new changes, with information ideas to improve work efficiency, the reform of human resource management, and to accelerate the human resource management information construction, strengthen the information management, make human resource management toward more scientific, more in line with the market demand of development and reform, for the development of small and medium-sized enterprises to provide strong organization guarantee and talent support.

Directors' and Officers' Liability Insurance and the Digital Transformation of Enterprises: Based on the Empirical Evidence of Listed Companies in China from 2011 to 2021

Amidst the wave of the digital economy, numerous enterprises have commenced the process of digital transformation to address market challenges and fluctuations, as well as to pursue sustainable growth. Directors' and officers' liability insurance (D&O insurance), being an essential instrument of corporate governance, necessitates an empirical investigation to unravel its influence on enterprises' digital transformation. This study selects Shanghai-Shenzhen A-share listed companies from 2011 to 2021 as research subjects to examine the impact of D&O insurance procurement on enterprises' digital transformation and its underlying mechanisms. The findings reveal that the procurement of D&O insurance significantly fosters the progress of enterprise digital transformation, and this conclusion remains robust after employing a series of robustness tests, including the instrumental variable method and DIGT. The mechanism analysis indicates that by elevating the risk-bearing capacity of enterprise managers, the management efficiency of enterprises can be enhanced, thereby motivating supervisory executives to augment the quality of internal control and facilitate the digital transformation of enterprises. Further examination discloses that executive equity incentives and executive responsibility insurance possess complementary effects in promoting enterprise digital transformation, making the subscription of executive responsibility insurance a pivotal factor in enhancing the effectiveness of enterprise digital transformation and fostering high-quality economic development.

Enterprise asset management and accounting using the Internet of Things and big data

With the rapid development of information technology, the Internet of Things (IoT) and big data have gradually become the core tools of modern enterprise management and decision-making. This study explores the application and potential value of IoT and big data in the field of enterprise assets and accounting. Through strategic questionnaire design and multi-channel data collection, a corresponding data model is constructed, and the effectiveness of the model is further verified. The results show that these technologies can not only improve the management efficiency of enterprises, but also provide more accurate and timely data support for corporate decision-making. However, in practical applications, enterprises also need to face data integrity, technology updates, and a host of other challenges. This study not only provides enterprises with an opportunity to gain an in-depth understanding of these technologies, but also provides valuable implications for future research and applications.

Improving the Management Efficiency of Enterprises in the Electric Power Sector

This scientific article examines the reforms carried out to improve the management efficiency of enterprises in the electric power sector and their results, existing problems in the network, problems in the regulation and management of the electric power sector and gives suggestions and recommendations on ways to eliminate them.

СТРАТЕГІЧНІ ЗМІНИ НА ОСНОВІ ПОШУКУ ОПТИМАЛЬНОЇ ОРГАНІЗАЦІЙНОЇ СТРУКТУРИ ПІДПРИЄМСТВА

The article substantiates the importance of strategic changes at enterprises based on the optimization and improvement of the organizational marketing management structure, provides practical recommendations regarding the key elements and measures of changing the organizational structure of the enterprise, in order to adapt to the business environment. The authors noted that based on constant monitoring of the management structure, managers should be ready to make the necessary adjustments and improvements to further increase productivity. This may include reassignment of resources, functional responsibilities, and review of communication channels. By regularly monitoring and evaluating the effectiveness of the current structure, you can identify areas for improvement and make the necessary adjustments to improve productivity. Marketing organizational structure can have a significant impact on business operations because it determines how effectively marketing strategy is executed, how well marketing objectives are aligned with business goals, and how effectively marketing resources are used. However, we must understand that there is no one-size-fits-all solution for the optimal marketing organizational structure, as different businesses may have different needs, challenges and opportunities depending on stage, size, industry, product and target market. Therefore, it is important for management to understand the various factors that influence the choice of marketing organizational structure, as well as how to adapt and optimize it as the company grows and develops. It has been established that the application of modern marketing approaches that synergistically interact with management processes has a significant impact on the efficiency of enterprise management, determining the theoretical and practical solution of key aspects of management and includes the analysis of market opportunities, the definition of strategic target markets and the development of an effective marketing strategy.

Assessment of the influence of environmental factors on the efficiency of enterprise management

The article examines the theoretical aspects of the concept of external environment. In modern conditions, the external environment is considered as part of the business environment that forms the context of enterprises' activities. The success and efficiency of enterprises largely depend on their external environment and the ability of enterprises to adapt to changing environmental conditions. The article examines the definition of the concept of external environment and provides its definition. Two categories into which the external environment can be divided are researched: microenvironment (environment of direct influence) and macroenvironment (environment of indirect influence). The external environment factors affecting the activities of enterprises and their impact on these activities are studied. The importance of assessing the impact of the external environment and the impact of its factors on the activities of an enterprise is described. The following factors of the microenvironment are identified: customers, competitors, suppliers, intermediaries, financial and credit institutions, legal institutions, laws and government agencies. For the macro environment, such factors as: political and legal, economic, scientific and technological, socio-cultural, and environmental are identified. The article analyzes the definitions of the concept of efficiency of enterprise management provided by the authors of the studied publications and provides its own formulation of this concept. The article also presents three popular methods for assessing the impact of environmental factors: Porter's Five Competitive Forces, PEST-analysis, SWOT-analysis and demonstrates the results of using two of them: SWOT analysis and PEST analysis, based on a real company. The article also presents the results of calculating the coefficient of influence of macroeconomic factors on the functioning of an enterprise, which was calculated on the basis of the results of the PEST analysis. The article determines that in order to determine a broader picture of the impact of environmental factors on enterprises, a combined approach can be achieved by using a SWOT and PEST analysis. The article also indicates that due to the variability of the external environment, it is necessary to conduct regular monitoring.

DIGITIZATION FUNCTIONS OF MARKETING RESOURCES AT THE ENTERPRISE IN CONDITIONS OF ECONOMIC UNCERTAINTY

The article examines the complex of digitization functions of marketing resources in conditions of economic uncertainty, their interrelationship, and the proven direct impact of the digitization process on the efficiency of enterprise management. It is concluded that modern business structures use digital technologies as a competitive advantage in all areas of their activity: operational processes, business processes, finance, marketing and interaction with market stakeholders. On the basis of the positive correlations summarized by the authors, it can be assumed that the efforts aimed at the digitization of processes can be considered as a managerial innovation that ensures the growth of innovations and increases the efficiency of the functioning of the business structure. On the basis of a systemic approach, the authors substantiated and built a complex functionality of the process of digitization of the company’s marketing resources. In the architecture of complex functionality, the digitization process is determined by the digitization functions of marketing resources, in particular: analytical (data collection and analysis), communication (Internet advertising), sales (sales via the Internet), and the function of regulation and control (regulates and controls the digitization processes of the marketing department). The synthesis of the theory of random processes together with the systemic approach enabled the authors to define marketing resources for enterprise activities as a complete functional dynamic system with a discrete state, in which for each moment of time the economic security of the enterprise in the future depends on the current state of digitization and does not depend on how this state was reached. The prognostic and transformational probabilistic method for determining the effectiveness of digitization of marketing resources of an enterprise’s activities is proposed, which combines the potential of the enterprise’s marketing resources and the functions performed by marketing and allows for taking into account factors of the internal and external environment, the influence of which causes the emergence of risky situations that lead to unjustified losses of the enterprise. The authors have proven the effectiveness of using digital marketing tools within the scope of each marketing function to prevent the occurrence of risky situations in the company’s activities. Within the framework of the analytical function of marketing, a study of the competitive environment has been carried out, the market share of the enterprise has been recognized, an estimate of costs for marketing research has been prepared. Indicators of the communication functionality of marketing activities in the total amount of marketing expenses complement and justify its decisive influence on the general state of not only marketing, but also the entire economic activity of the enterprise. Indicators of the sales function of marketing determine the elasticity of demand for manufactured products, as well as other sales costs. The marketing functionality of regulation and control allows to analyze the relationship between the costs of ensuring the movement of goods and the received income. The markers defined by the authors of each element of the architecture of the process of digitization of the marketing business structure contribute to increasing the efficiency of evaluating the company’s activity in accordance with the main goal and purpose of the company operating in a structured market space and supporting the marketing concept of development, obtaining profit (income) and satisfying the most demanding needs of consumers.

ПРИМЕРЫ ПРИМЕНЕНИЯ СИСТЕМ УПРАВЛЕНИЯ ИНФОРМАЦИЕЙ В УПРАВЛЕНИИ СОВРЕМЕННЫМ ПРЕДПРИЯТИЕМ

With the development of science and technology and the gradual deepening of the Internet, the era of big data has arrived. We are constantly in interaction with world information. The role of computers and the dissemination of information is constantly being recognized by the country’s enterprises, and reforms are gradually being implemented. Changes in the structure of data collection and information transfer at the enterprise have completely changed the linear transmission and generation of data, qualitatively increasing the efficiency of enterprise management.

ОСОБЛИВОСТІ ВПЛИВУ РІЗНИХ СТИЛІВ ЛІДЕРСТВА НА УПРАВЛІННЯ ПІДПРИЄМСТВОМ

In today’s volatile world, economic fluctuations and political decisions affect the management of enterprises, causing the need to adapt and rethink traditional approaches to leadership. Research devoted to the analysis of the impact of different leadership styles on enterprise management reveals the critical role of leadership strategies in ensuring efficiency, productivity and innovative development. The central thesis is that leadership goes beyond simple direction and requires leaders to be able to initiate change, adapt to complex conditions, and motivate a team to achieve common goals. Emphasis is placed on the importance of choosing between authoritarian, democratic, transformational and other leadership styles, depending on the specific organizational context and the current situation at the enterprise. The research emphasizes that there is no universal leadership style that guarantees success in all circumstances, but indicates that leadership effectiveness depends on the leader’s ability to adapt his style to the needs of the organization and its employees. Special attention is paid to transformational leadership as a tool for stimulating innovation and involving employees in active participation in the development of the enterprise. The effectiveness of different leadership styles is analyzed, the authors of the article use theoretical models and empirical data to highlight the specifics of their impact on various aspects of the company’s activities, such as flexibility, responsibility, standards, rewards and the general organizational climate. It has been proven that leadership plays a key role in the success of strategic transformations within an organization. The effectiveness of changes in financial, strategic, managerial, and organizational aspects often depends on the peculiarities of the leader’s style who manages these changes. The research findings contain recommendations for the application of specific leadership styles depending on the need to stimulate innovation, increase productivity, and ensure the company’s adaptability to changing environmental conditions. Recommendations have been made for heads of enterprises and managers who seek to optimize their leadership strategies to increase the efficiency of enterprise management.

РОЗВИТОК КОГНІТИВНИХ НАВИЧОК І КОМПЕТЕНЦІЙ МАЙБУТНІХ ФАХІВЦІВ ДЛЯ ЕКОНОМІКИ ЗНАНЬ

This article defines the priority competencies of the future specialists (according to the economic direction of work) of enterprises, based on global trends in the development of the economy in the leading economically developed countries and in Ukraine. It has been established that today the economic unit of work at our enterprises is based on the application of digital technologies for 2/3. These technologies make it possible to increase labor productivity, significantly reduce the time of designing and mastering the production of new products, shorten the technological and financial cycles of production and sale of products, as well as enter global markets. Special attention was paid to the application of digital technologies specifically to small and micro-enterprises, as today they make up 95% of the total number of enterprises in the economy of Ukraine. But in the conditions of the rapid development of IT technologies at enterprises, a significant problem has arisen: the digital competence of personnel lags far behind the modern possibilities of increasing the efficiency of enterprise management based on these latest IT technologies. There are several reasons but the main one is that educational institutions of professional pre-higher education are "lagging behind" in technologies and methods of teaching digital technologies. This lag is typical not only for the disciplines of professional and practical training that are taught, but also for the forms and methods of education that are used. The cognitive skills and competencies of future economists are the key to the economic and scientific and technical development of each enterprise and the whole country. The authors creatively interpreted the results of their own and international research on the evolution of skills and competencies of economists at enterprises in Ukraine and other economically developed countries. Dominant competencies for specialists of enterprises that are typical for Industry 3.0; 4.0; 5.0 are established. The improvement directions of modern competence training of specialists in the economics of enterprises in educational institutions are indicated. It is noted that "digital" competence in highly developed countries is already perceived as a necessary basic level of education for a young specialist, as well as evidence of employers' trust in the level of "digital" training in educational institutions. Currently, relevant forms and methods of teaching students to instill in them a creative approach to solving specific production problems have been determined. Examples of the application of various economic programs in the educational process, which lead to the effective assimilation of educational disciplines and the development of cognitive abilities of future specialists, are given.

Research on the Innovative Application of Particle Swarm Algorithm in the Improvement of Management Efficiency of Digital Enterprises

Abstract This paper constructs a model of the particle swarm algorithm, compares and analyzes the performance of the particle swarm algorithm under the two parameters of w and k in detail, and solves the constrained optimization problem by the particle swarm algorithm. On the basis of the local optimal value to find the global optimal value, the particle swarm algorithm is improved with reference to the particle’s motion state and behavior. Based on the particle swarm algorithm, a digital enterprise management system is constructed to plan enterprise management operations and optimize efficiency. Finally, we compare the performance of different algorithms in enterprise management risk prediction, analyze the correlation between the management system and enterprise management efficiency, and compare the management efficiency of different enterprises to explore the effect of the particle swarm algorithm in digital enterprise management. The results show that the predictive classification effect of the particle swarm algorithm model reaches more than 95% correct rate, and the management system of the particle swarm algorithm presents significance at 1% and 5% significance level for enterprise management efficiency, respectively.

Description of business processes of the sales activities of an industrial enterprise

At the present stage of economic development, the problem of increasing the efficiency of enterprise management is becoming more urgent. In the scientific literature, effective management is considered through the construction of business processes. The sales system or sales activities is one of the key links of the organization; accordingly, its effective construction ensures the achievement of planned indicators for the competitive development of the enterprise. The article describes the business processes of the sales activities of an industrial enterprise, the analysis of which makes it possible to identify problems and improve efficiency. In the process approach, the description of the main processes is based on the actions that need to be performed to achieve the result. Process–oriented management allows you to qualitatively change the activities of an organization at the operational, cross–functional and inter–organizational levels. In the article, the description of business processes is focused on the sales activities of the enterprise, the effective organization of which determines the financial results of the organization. The article discusses the processes of planning and sales of finished products, warehousing and storage of finished products, development and approval of packaging for finished products, contains their description and provides performance indicators of the built processes. The effectiveness of a business process is proposed to be assessed by various indicators and ranges of their values, which depend on the process itself.

Research on ESG Report from the Perspective of Sustainable Development

China's economy has entered a stage of high-quality development, and sustainable, green and low-carbon are becoming important keywords for economic development. The "dual carbon" goal proposed by China in 2020 has further promoted the society's attention to green and low-carbon development. At the same time, more people and enterprises are gradually realizing the importance of assuming social responsibility for the sustainable development of enterprises. ESG includes environmental, social and governance aspects, and advocates that enterprises should not only pay attention to the growth of their own financial performance in the process of business development, but also pay attention to the coordinated development of non-financial performance, and promote sustainable development of enterprises through active ESG practices to help enterprises transform green. Moreover, as an important driving force for economic and social development, ESG practice can promote the high-quality development of China's economy. In recent years, ESG has gradually become a hot social issue, and how to achieve sustainable development has attracted extensive discussion and research, so the research of ESG report has become more and more important.This paper takes Fuyao Group's ESG report as the research object to explore its ESG reporting practice and its impact on the sustainable development of enterprises. Through the study of this paper, it is found that the practice of ESG reporting carried out by Fuyao Group first achieves energy conservation and emission reduction in environmental aspects, responds to the national strategy, and reduces energy costs; Secondly, in terms of society, improve employee efficiency by protecting the rights and interests of employees, participate in philanthropy to enhance corporate visibility, cooperate with all parties in the supply chain, and obtain government recognition; Thirdly, in terms of governance, we continue to promote the improvement of governance mechanisms and improve the efficiency of enterprise management; Finally, ESG practices affect corporate performance from two aspects: promoting R&D innovation and helping enterprises alleviate information asymmetry. ESG practices have a positive impact on corporate sustainable development, non-financial performance is most directly reflected in product added value, overseas revenue proportion increase, accumulated reputation and promote corporate green and sustainable development, financial performance has also been better long-term promotion, at the same time, the release of ESG practice report has achieved good market response, promoting the growth of corporate value. In conclusion, this paper argues that ESG practices can help improve corporate performance and promote sustainable development, and enterprises should attach importance to the coordinated development of environmental protection, social responsibility and corporate governance in the process of operation, and participate in ESG practices to promote the sustainable development of society.

КРИТЕРІЇ ЕФЕКТИВНОСТІ УПРАВЛІННЯ ПРОМИСЛОВИМИ ПІДПРИЄМСТВАМИ

The article deals with an important problem of management - determination of criteria for the efficiency of management of industrial enterprises and evaluation of the effectiveness of this activity. After studying various approaches to the concept of "enterprise management efficiency", the expanded interpretation of this category as a set of criteria and methods of their evaluation, which in general have a clear date of a comprehensive research study of the concept, was substantiated. The article proposed such criteria for the efficiency of industrial enterprise management as financial, production, resource, marketing, innovation, risk and social.
 Since different indicators have different effects and significance on the efficiency of an industrial enterprise, to evaluate the integral indicator of the efficiency of industrial enterprise management, the expert survey method was used. The creation of an integral indicator of management efficiency makes it possible, firstly, to quickly analyze and compare enterprises of the industry in terms of management efficiency. Secondly, the use of a single coefficient is a good basis for internal monitoring of the dynamics of enterprise management efficiency.
 The integral indicator can take values from 0 to 1. The closer this value is to one, the better is the management efficiency of the industrial enterprise. The proposed integral indicator of the efficiency of industrial enterprise management makes it possible to determine the state of the enterprise, monitor the dynamics of development, and also creates ample opportunities for benchmarking, as it allows you to correctly compare different enterprises of the industry.

The role of LightGBM model in management efficiency enhancement of listed agricultural companies

Abstract This paper first explores the principle of the the LightGBM model, which uses a gradient-based one-sided sampling GOSS procedure to sample the sample data to ensure the accuracy of the procedure in information gain evaluation. The mutually exclusive feature bundling Histogram procedure is used to bind the feature variables of the data and the Leaf-wise strategy for differential splitting to enhance the training speed of the model. Then the steps of the LightGBM procedure are discussed, using a a decision tree as the base learner, then iterative training in sequence, and greedy learning using forward distributed procedure and the original feature fetches must be identified from the bundled features to reduce the training complexity. Finally, the LightGBM procedure is associated and investigated with the other four procedures in terms of discriminative accuracy and discriminative time of the factors affecting the efficiency of enterprise management. In terms of level discrimination accuracy, the level discrimination rate of the LightGBM model is basically above 0.7, and the discrimination rate reaches 0.9 at level 6, which is better than other procedures. The discriminatory time of the LightGBM model is only 28 seconds, which is about 16 times faster than the CART model and 20 times faster than the support vector machine model.

RETRACTED ARTICLE: Financial Shared Service, Digital Transformation and Corporate Value Creation

The trend of Chinese enterprises has defied the hard-hit international investment and trade activities of recent years. The scale and globalization of local enterprises continue to develop, and the enterprise management efficiency has become increasingly prominent. This paper delves into the strategic importance of FSSC in augmenting corporate value, and examines the link between digital transformation and the formation of FSSC. The introduction of FSSC and its accompanying digital technology marks a new juncture for corporate reform. Based on RBV and DCV, this paper studies the strategic significance of FSSC to enhance corporate value, and deconstructs the relationship between digital transformation and the development process of financial shared service centers. Based on the time-varying DID, 335 listed companies were selected for a quasi-natural experiment. The results showed that: (1) financial shared service centers can significantly promote the improvement of corporate value. (2) Digital transformation can promote the establishment and development of financial sharing service centers, thus promoting the improvement of corporate value. (3) The effects of FSSC and digital transformation are characterized by heterogeneity. The worth of financial shared service centers for non-state-owned and manufacturing companies is substantial. Digital transformation has a noteworthy positive moderating effect on them but has no considerable moderating effect on state-owned and non-manufacturing companies. The government ought to bolster policy direction, keep up the digital transformation of businesses, and aid them in achieving rapid financial transformation; senior executives should remain cognizant of their strategic position and strive to execute a satisfactory job of both internal and external coordination, as the research findings suggest.

Role Mechanism of Enterprise Management Efficiency Improvement Based on Improved Drosophila Algorithm

INTRODUCTION: With today's intelligent technology in full swing, many companies and enterprises need to catch up to the reality of internal management. To make the company better adapt to society and realize its sustainable development, it is essential to optimize the internal management means and improve the management efficiency of the enterprise.
 OBJECTIVES: To find the optimal staff allocation scheme and the best decision path by utilizing the improved fruit fly algorithm and establishing the enterprise's regular task and staff allocation model.
 METHODS: We analyze the standard swarm intelligence algorithms, and then we compare the differences between the basic fruit fly algorithm, the optimized fruit fly algorithm, and the above swarm intelligence algorithms. The fruit fly algorithm is utilized, and the algorithm is optimized to fit the actual enterprise management model. At the same time, the influence of Levy's flight on the Drosophila algorithm in enterprise management efficiency improvement is studied. Finally, it points out the application fields, the optimized Drosophila algorithm's current situation, and the existing problems and shortcomings.
 RESULTS: By comparing the performance of the Drosophila algorithm with that of the other three optimization Drosophila algorithms, the influence factors of Levy flight on the enterprise's internal management allocation are obtained, making the algorithm a good fit for the model. The results of the optimal allocation scheme under known conditions and the best decision were obtained.
 CONCLUSION: The experimental results show that the optimized fruit fly algorithm can solve the multi-parameter allocation problem of enterprise management, which has high reference value and significance for general enterprise internal management.