Enterprise Planning Research Articles

Planning the activities of agricultural enterprises and agro-industrial complex: key stages and risk management

The article discusses key aspects of planning the activities of agricultural enterprises and risk management in conditions of a state of war. The research aims to improve practical planning and management of agricultural enterprises in situations of instability and risks arising from military conflicts. The study identifies the main stages of planning the activities of agricultural enterprises, taking into account the industry’s specifics and current conditions. Criteria for evaluating the effectiveness and adaptability of agricultural enterprise activity plans are developed. The components of a negative feedback mechanism in planning agricultural enterprise activities are outlined, including monitoring, plan comparison, adjustments, and risk management. The article analyzes the main risk groups faced by agricultural enterprises during military conflicts and provides recommendations for their management. The research emphasizes the importance of systematic examination of plans, effective task coordination, responsibility distribution, the establishment of monitoring and control systems, and the negative feedback mechanism to achieve successful planning and management in conditions of war. The article outlines key directions for enhancing efficiency and risk management in times of instability and conflict. The research results will contribute to improving practical planning and management of agricultural enterprises during wartime. Agricultural enterprises in Ukraine have significant potential but also face serious challenges, including military conflicts and emergencies. The presence of appropriate strategies and collaboration with various structural units are crucial components of successful planning and management in times of uncertainty and turbulence. Active cooperation with government and international organizations is key to reducing the impact of military conflicts on the activities of agricultural enterprises.

The Interplay of Factors Driving Succession Planning in Namibian Commercial Public Enterprises

This paper examined the relationship between employee traits and organizational performance in Namibia's Commercial Public Enterprises (CPEs) succession planning. The study was conducted on a total population of 47 participants drawn from 22 CPEs in Namibia. Primary data were collected using closed-ended research questionnaires and interviews, and qualitative data analyses were employed. Descriptive statistics were used to analyze quantitative data, while correlation was performed to determine the relationships among the variables. Qualitative data was gathered through interviews to gauge the targeted managers' attitudes, beliefs, values, and experiences with executive leadership succession planning. The majority of respondents indicated the following as essential factors to consider in recruitment for succession planning of CPEs: the successor's age, education, experience in commercial PPEs, outside management experience, past performance, knowledge and skills in marketing, finance, strategic planning, interpersonal skill, technical knowledge and skill, decision making ability, experience, compatibility of goals with current CEO/MD, commitment to the business, psychological traits, respect from employees and trust by employees. This study provides further evidence on succession planning challenges, such as the organization's size and failure to retain employees. This study serves as a reference for the management of CPEs in Namibia for effective succession planning.

Enterprise Systems And Resource Planning To Assit Msmes

This service is about system utilization (enterprise resource planning) in micro, small and medium enterprises (MSMEs) in Indonesia. Applying enterprise resource planning to MSMES can help increase flexibility and integrate entire business processes, such as inventory management, finance, production, and sales. However, the implementation of enterprise resource planning requires mature preparation, including proper selection of suppliers, optimization of internal teams, and preparation of human resources. The research methodology used is a participatory action learning system with the active participation of MSMES stakeholders and enterprise resource planning providers. The implementation process of the ENERPRISE Resource Planning system in MSMES includes the phases of meetings, planning, system design, training, and support, as well as the use of the system in business operations. The implementation steps of the Enterprise Resource Planning system in MSMES include business information documents, functional requirements documents, user acceptance testing, training, and go-live.

FMEA Model in Risk Analysis for the Implementation of AGV/AMR Robotic Technologies into the Internal Supply System of Enterprises

In the evolving economic landscape, Industry 4.0 emphasizes strategic planning and operational progress for large enterprises. This transformation relies on smart robotization technologies like AGVs (Automated Guided Vehicles) and AMRs (Autonomous Mobile Robots) for reducing transportation time, thereby reducing energy costs per unit of production, increasing energy efficiency, as well as replacing combustible-fuel-powered tools with electric ones. A number of concerns arise with their introduction into the production cycle. This research aims to provide a methodical basis for averting substantial mistakes when executing projects centered around the incorporation of AGVs/AMRs into in-house logistics systems. The FMEA method and empirical analysis were employed to achieve a more accurate risk assessment. APIS and MS Excel softwares were chosen. We investigated the potential hazards related to the incorporation of mobile robotic solutions and identified both external and internal threats. To streamline and improve project efficiency, a risk management algorithm for high-tech projects is presented in the paper. Integrating FMEA into projects implementing robotic technologies can lead to significant enhancements in risk reduction, and therefore cost savings, efficiency, safety, and quality, while fostering a culture of collaboration and problem solving. The research contributes to the literature by introducing an AMR planning and control framework to guide managers in the decision-making process, thereby supporting them to achieve optimal performance. Finally, we propose an agenda for future research within the field of interest.

A Typological Look into Learning Cultures in Workplaces: From Malicious to Demanding

This study aimed at identifying learning cultures in various workplaces thorough an emergent grounded theory study. To gather data, in-depth interviews were conducted on 127 employees of small to large companies to reach a vast breadth and depth of data. For the purpose of inclusiveness, a maximum variation strategy was adopted for sampling to select participants purposively from manufacturing, knowledge-based, business and service companies. The data were thematically analyzed at two levels, namely initial and secondary coding. To establish credibility, three dominant strategies were continuously used as member check, peer debriefing and external auditing. Consequently, a tripartite typology emerged to represent learning cultures in various enterprises based on three criteria: management approach, peers' reaction, promotion expectancy. To sum up, in the malicious learning culture, bad working habits are learnt and shared by staff and commitment to work is gradually minimized to the lowest possible. In the deterministic learning culture, a neutral learning climate dominates the workplace as staff perceive no link between self-development and job promotion. Finally, in the demanding learning culture people may clearly view sensible links between competency development and job promotion, so they try their utmost to keep up with the latest developments in their field to avert the risk of demotion or job loss. The study suggests that if enterprises plan to achieve and keep a competitive edge, they should focus firmly on creating a demanding workplace learning culture.

HR Analytics and organizational performance: Evidence from Bangladesh

The purpose of this paper is to present empirical research on the impact of human resource analytics on organizational performance in Bangladeshi firms. Although some firms use HR analytics, it is uncertain whether HR analytics improve organizational performance. HR analytics is the use of data and analytics to improve corporate performance through HR processes and policies, using workforce data to make data-driven workforce planning and hiring decisions. 206 questionnaires were collected from professional service firms (accounting, advertising, consulting, and law firms), financial service firms (banking and insurance firms), information, communications, and technology firms, and other service firms (education, healthcare, pharmaceutical, and engineering firms) using a quantitative method. For data analysis, SmartPLS 3.2.8 and the Structural Equation Modeling (SEM) tool were utilized. The findings support the proposed chain model, which implies that access to human resource technology enables human resource analytics, which supports evidence-based management decision-making, and as a result, improves performance. The implication is to encourage organizations to invest in HR analytics by forming HR analytics teams committed to analyzing workforce data to make strategic workforce decisions about investment in HR analytics. Thus, establishing HR analytics-related goals and policies that contribute to workforce planning and recruitment in enterprises. Previous research did not focus on the perspective of HR analytics in developing nations. This paper fills that gap by presenting empirical evidence from a developing nation like Bangladesh. Keywords: Human resources analytics, organizational performance, human resource management, evidence-based decision-making, Bangladesh.

Pre-Start-Up Planning and Enhancement of Small and Medium Enterprises’ Operational Performance in The UAE

This rational research study assessed the association between Pre-start-up planning and Enhancement of Small and Medium Enterprises’ Operational Performance in the United Arab Emirates (UAE). The inquiry study engaged a descriptive and correlational research strategy with quantitative prototype. A sample of 104 participants were carefully chosen using a table prepared by Morgan & Kreijcie (1970). Simple random sampling and stratified random sampling strategies were used to garner data for the research study. Details were assembled using questionnaires and evaluated utilizing frequencies, percentages, means, standard deviation and Pearson linear correlation coefficient (PLCC) were used for categorizing quantitative statistics. The study discoveries established a significant connection between Pre-start-up planning and Enhancement of Small and Medium Enterprises’ Operational Performance in the United Arab Emirates (UAE). The study concluded that Pre-start-up planning helps business people to strategically coordinate activities for businesses and avoid any regrets in terms of efficiency and effectiveness in SME’s. From the study consequences, the researchers recommended that the government of UAE should encourage its people to form groups so that government can provide financial assistance to such groups in order to foster their business performance. The government of UAE should also increase on the budget allocation to SME’s through the ministry of Economy so that SME’s can improve on their business, a scenario which may boost the economy of the country.

Impact of globalization processes on strategic planning of enterprises

Purpose. To study the uncertainty of globalization influences on strategic planning (SP). To identify peculiarities of SP for enterprises of Ukraine. To develop methods for evaluating the SP effectiveness in conditions of uncertainty and changes in the level of uncertainty in parameter sequences for relevant forecasting. Methodology. The study used the following methods: critical analysis – to identify the peculiarities of SP in Ukraine; mathematical formalization – to evaluate the efficiency of SP; method of comparing the first derivatives – for the current assessment of the rate of change in economic indicators and their approximation to the target values of SP; analysis and synthesis – to establish the uncertainty levels of the input and outputs sequences of each of the parameters of globalization. Findings. It is stated that different vectors of globalization influences cause formation of a complex “competitive landscape”, which increases the uncertainty of SP. Stratification of requirements for formation of strategic plans and opportunities which they allow implementing is proposed, as well as stratification of indicators of globalization influence. The factors of globalization influence on the formation of uncertainty in the activities of Ukrainian enterprises are studied and the peculiarities of this influence on the SP process are indicated. Originality. An assessment of the level of approximation of the actual and target results of enterprise’s activity is proposed as an indicator of SP effectiveness. A comparison of first derivatives of the efficiency indicator was used to reduce the uncertainty in estimating the rates of dynamic approximation of the actual and forecast results. A method of ordering heterogeneous sequences is proposed for a relevant assessment of the change in the level of uncertainty in parameter sequences. Practical value. The proposed approach reduces conceptual SP ambiguity. The developed method for assessing the uncertainty of globalization effects on SP and identifying the SP peculiarities in conditions of uncertainty will increase SP relevance for Ukrainian enterprises.

Pengembangan Desa Wisata Bumi Arum Majasto berbasis Histori, Lingkungan, dan Ekonomi

Majasto village was designated by the government as a Religious Tourism Area through the Sukoharjo Regency Spatial Plan. However, to support this, Majasto Village does not have a good management system and regional planning of village-owned enterprises (Badan Usaha Milik Desa/Bumdes) to encourage its economic acceleration. This program aims to develop a tourism village area plan and optimal financial management for Bumdes. The method used is through mapping both physical and non-physical potentials of the village to obtain detailed information, which is done by conducting a mapping or survey to identify natural and artificial physical potential, as well as socioeconomic and historical aspects to understand the potential and problems through SWOT analysis. The results of this program are in the form of a Tourism Village Master Plan and a Priority Area Plan. The second result is the initiation of financial digitization training through Bumdes Financial Accounting System. This is done to ensure that Bumdes can record transactions and financial reporting properly. The integration of the development of Bumdes business unit based on the Tourism Village Master Plan and the Priority Area Plan (the first stage result) and the Bumdes Profile (the second stage result).

Will Merger of PT Angkasa Pura I and PT Angkasa Pura II Maximise The Value of Shareholders?

The government’s program of restructuring state-owned enterprises continues to this day. From 2016 to March 2022, the number of SOE continuously decrease. In March 2022, the number of SOEs only 41 companies. The number of SOEs has reduced by 52.87% from the previous year. The plan will continue in 2023 by cutting 41 companies to 30 companies and operating in 12 clusters. PT Angkasa Pura I and PT Angkasa Pura II are the following plans for restructuring state-owned enterprises. The merger of the two companies is expected to provide synergy opportunities in operational efficiency. The results showed synergy between PT Angkasa Pura I and PT Angkasa Pura II. Based on calculations using the Discounted Cash Flow (DCF) method, the company value of PT Angkasa Pura I is IDR 4,169,267 and the company value of PT Angkasa Pura II is IDR 9,784,469 with a total combined company value of IDR 13,953,736. While the value of the two companies when synergizing is IDR 25,051,653. The synergy value obtained for both companies is IDR 11,097,917. By determining the premium value of 40% – 60%, the premium value reaches IDR 1,667,707 – IDR 2,501,560. Therefore, within this premium value range, the purchase price is IDR 5,836,974 – IDR 6,670,827. The merger between PT Angkasa Pura I and PT Angkasa Pura II can potentially maximize shareholder value in the IDR 4,427,090 – IDR 5,260,943 range. Analysis using Discounted Cash Flow for the two companies proves that there is a synergy resulting from the proposed merger between PT Angkasa Pura I and PT Angkasa Pura II.

INNOVATIONS OF BUSINESS PLANNING IN THE MARKET ECONOMIC SYSTEM

The purpose of this article is to identify the latest trends in business planning. In order to achieve the defined goal, the research envisages solving the following tasks: providing a description of the traditional, classical approach to business planning; definition of modern trends in entrepreneurial activity and highlighting ways of adapting the business planning system to new challenges. business planning in the context of a traditional approach loses its effectiveness in the face of a changing business environment and new social trends. Transnational companies, companies with a complex subordinate structure should take into account the existence of a relationship between the processes of business planning and the coordination of the activities of divisions, including not only of a hierarchical nature, but also in the horizontal plane. Interaction between units outside the hierarchy takes place according to the "facilitation" pattern. Digitization has added a new DAM digital asset management strategy to the strategic planning of global enterprises, which allows you to avoid pitfalls in the joint use of a digital asset by structural divisions of the enterprise. Each company that chooses a DAM strategy for itself within the business plan should evaluate the future benefits according to three vectors: efficiency; avoiding unnecessary expenses; additional income. The traditional approach in business planning is suitable for the implementation of projects in a predictable environment, at the same time, for the launch of startups, where the plan is based on numerous assumptions, for now, discovery-driven planning is best. Prospects for further research on the topic of this article are related to the assessment of qualitative and quantitative parameters of the effectiveness of business planning in Ukraine.

Project Management in Strategic Planning of Enterprises at the Present Stage

In this article, the authors consider project management in the strategic planning of energy industry enterprises. The purpose of the article is to analyze and calculate indicators in order to identify the effectiveness of energy enterprise modernization. The authors thoroughly analyze the literature review on project management in the enterprise’s strategic planning. The authors also revealed that strategic planning in the project management framework is considered a dynamic set of six interrelated management processes that logically follow each other. Results: the authors calculated the degree of factors influenced to identify the decreased degree in the enterprise efficiency by the method of chain substitutions. As a result, heat energy was underdeveloped due to the reduction in the number of operation hours of boiler units. As a result of the conducted research, it was revealed that a change in the values of the main factors, namely the number of boiler units operating and due to heat losses from external pipelines affecting the production process, entails a change in the generated power of boilers, the amount of load and the valuable heat released, and hot water transferred to the consumer. Conclusion: the presented data and their analysis make it possible to effectively assess that a well-chosen and successfully implemented business management strategy is the key to its effective functioning in a market economy. Of course, a good strategic plan and its good execution do not guarantee that the company will be able to completely avoid periods of recession and uncertainty.

Analysis of the role of planning in the enterprise

The object of research is the enterprise. The subject of research is a complex of theoretical, methodological and practical issues related to the improvement of planning as a tool of effective enterprise management. The work is directed to the generalization of theoretical provisions and the development of organizational and methodological aspects of planning, as well as the development of practical recommendations regarding the mechanism of implementation of planning at enterprises. Among the sources for analysis when considering issues of the economic essence and content of planning were the methodological and legal foundations of legislative acts and government resolutions in the field of planning. The following research methods were used: abstract-logical, economic-statistical, system-functional analysis, analytical, balance, program-target, economic-mathematical, calculation-constructive, experimental and others. The main one was the systematic analysis of theory and practice, with the ultimate goal of developing methodological recommendations for the creation and development of the planning system at the enterprise. The task of improving planning at the enterprise was solved in the work. Insufficient use of all types of planning affects the results of enterprises, lack of maximum efficiency. Requirements for productivity and product quality require the use of new technologies and approaches, especially in the processes of resource management and enterprise planning. Preparation of a detailed plan can help objectively assess business opportunities, trends and development of the enterprise. The practical significance of the conducted analysis lies in the development and implementation of recommendations for improving the forms and mechanism of planning at the enterprise. The implementation of proposals regarding the methodology of implementation and functioning of planning will allow the enterprise to increase the efficiency of management based on the clear implementation of strategic goals in the system of planned indicators.

THEORETICAL REVIEW AND METHODOLOGICAL APPROACH OF PRINCIPLES OF STRATEGIC PLANNING IN SMALL AND MEDIUM ENTERPRISES OF THE TOURISM SECTOR IN RIOHACHA, COLOMBIA

The objective of the study is to analyze the principles of strategic planning in SMEs in the tourism sector in the city of Riohacha, as well as to carry out a documentary review of the theory that frames the study of these variables, to constitute an important bibliographic material to support the future research. This study bases its methodology on documentary analysis since it has analyzed what has been written and published by different authors and researchers, through their works related to the principles of strategic planning in Small and Medium Enterprises (SMEs) in the tourism sector. Among the main contributions made by this research, it is established that thanks to the proposed documentary analysis, it was possible to know the most general and most important aspects within the management of SMEs in terms of strategic planning, addressing areas such as personnel management, inventory management, and design of marketing strategies, among others, which allow building theoretical foundations for the generation of new knowledge in this regard.

Business Models in Terms of the Strategy for Sustainable Management in Economic Entities Taking into Account Energy Transformation

The article presents the results of research on the importance of managing the energy transition in various economic sectors. The barriers and benefits of implementing a knowledge management and environmental management system in enterprises were considered. These factors are necessary for the effective planning and proper functioning of enterprises. Knowledge becomes the main and most dynamic factor responsible for the development of a given company, while environmental management ensures it achieves high economic efficiency of production and environmental rules and regulations. The article presents the results of the functioning of knowledge-based enterprises in contemporary conditions characterized by constant changes in the environment in terms of energy transformation. As part of my research, an algorithm was built based on which essential elements of the Polish energy policy strategy were defined enterprises in various sectors of the economy. In the holistic approach, a model of the functioning of knowledge-based enterprises was built and tested. On its basis, a prosumer/customer business model was proposed on the example of a photovoltaic installation. The study was conducted using the methods of economic measurement models. These methods allowed us to calculate the market value of the investment with the assumed boundary criteria and to determine its effectiveness. The research was carried out in 2020–2022 on the example of a real photovoltaic installation. The use of a photovoltaic installation in a company based on a business model is justified in practice and allows the company to reduce the electricity costs incurred, in this case by about 60%. Taking into account the result for the calculated payback period of 3 years, this proves that such an investment is very profitable for the company. The developed business model showed that the project of its implementation is fully economically justified and will allow investors to create various economic areas as part of the ongoing energy transformation.

Corporate Planning and Sustainability of Small and Medium Scale Enterprises in Anambra State, Nigeria

Corporate Planning and Sustainability of Small and Medium Scale Enterprises in Anambra State, Nigeria

Features of the functioning of express delivery market in Ukraine during the war

The express delivery market is one of the most dynamic sectors of the economy, without which the effective functioning of business, e-commerce, retail, etc., is impossible. Under the influence of external factors, such as the military invasion of the territory of Ukraine by the Russian Federation in 2022, the parameters of the activity of express delivery market operators have changed, which actualises the issues of analysing the performance indicators of the express delivery market and studying changes in consumer behaviour in the field of express delivery services. The purpose of the study is to present the results of a comprehensive investigation of the features of transformation of the Ukrainian express delivery market in conditions of instability. To achieve the research goal, a set of scientific methods was used: system, statistical analysis, and index method. To identify changes in the structure of needs of consumers of express delivery services in the context of disturbances, a marketing study and an express survey of end users were conducted. The dynamics of the development of the Ukrainian express delivery market during a full-scale war is studied in terms of identifying the competitive positions of enterprises in the segment and distributing "market power" among the participants of the market under study. The enterprises that form the "core" of the market and their role in shaping the intensity of competition in the express delivery market in Ukraine are identified. The results of a marketing study on changes in consumer purchasing behaviour during the war in Ukraine are presented and the profile of the target audience of services before and during the war is established. The high adaptive capacity of enterprises providing express delivery services to conditions of instability in terms of restoring operational activities and adjusting the parameters of logistics activities in accordance with changes in the needs of consumers was noted. Consumer needs, business digitalisation, and life safety remain the determining factors for the development of the sector under study in the context of disturbances. The results can be applied in practice by the heads of the marketing and logistics department, the planning and economic department of enterprises in the express cargo transportation sector, and interested groups of stakeholders in the express cargo delivery market

THEORETICAL AND ANALYTICAL SUBSTANTIATION OF THE FACTORS AFFECTING THE LEVEL OF SERVICE QUALITY MANAGEMENT OF RAILWAY TRANSPORT ENTERPRISES

The purpose of the study: theoretical and analytical substantiation of factors affecting the level of quality management of services of railway transport enterprises in Ukraine.The article analyzes the main scientific works of domestic and foreign scientists regarding the determination of the factors affecting the level of service quality management of enterprises, including railway transport enterprises. This is especially acute during the period of hostilities taking place on the territory of Ukraine. Thus, during the period of hostilities, the number of transportation services increased, especially due to the evacuation of the population and free travel. That is why the development of the potential of transport enterprises, including railway ones, is of crucial importance. The dynamics of changes in the transportation of passengers and cargo by modes of transport are presented in the paper with railway transport as a priority. The category of concepts " product quality" and "quality of services" has been analyzed.The internal (production, socio-psychological, human, organizational) and external (political, economic, social, technological, ecological, cultural, medical-biological) factors that affect the quality of services have been singled out, as well as the factor that affects the level of service quality management of railway transport enterprises, which, according to the authors, includes: reliability, safety, sensitivity, competence, accessibility, sociability, understanding, materiality, as physical parameters of the service, trust, courtesy. An integral indicator of the quality management level of railway transport enterprises is proposed. It has been found that in the future the construction of an integral indicator of the level of service quality management of railway transport enterprises and the determination of its forecast values may form the basis of the development of the state regional development strategy and separately be important for the development plans of railway transport enterprises.

Financial planning in the management of the industrial enterprise

Introduction. Strengthening the responsibi­lity of enterprises for the timeliness of all calcu­lations raises the question of the availability of well-founded financial plans and methods of their calculations. Problem. Ensuring timely settlements with the financial and credit system, employees, suppliers, fulfillment of basic financial tasks and achieving a stable financial condition requires a scientific organization of financial planning at every enterprise. The aim of the article is to strengthen the scientific validity of financial planning at indust­rial enterprises, which will contribute to the adoption of effective management decisions. Methods. A set of methods and approaches are applied: dialectical, synthesis, balance. Results. An attempt was made to reveal theo­retical and practical issues regarding the pro­cedure for calculating the financial plan, sepa­rate recommendations were developed for its preparation and ensuring balance. Conclusions. On a specific example it was developed the financial plan of an industrial enterprise, the procedure for balancing income and expenses and it was shown the determining the volume of loans as a tool for eliminating the shortage of cash. Further areas of improvement of the financial plan are the development of tax planning methods.

Research and implementation of order-oriented textile production scheduling system

ABSTRACT A production planning and scheduling system for small and medium-sized textile enterprises is designed according to the actual needs of textile enterprises in the process of informatization construction. The system considers orders as the primary focus and employs modular design ideas to design functional modules and standardized interfaces based on a three-tier architecture. Furthermore, it uses a database structure design and computer programming to ensure the efficiency and reliability of information services. The main functions of the system include prioritization, automatic production scheduling, order processing, and real-time monitoring of the machine. An analytical hierarchy process optimization method is proposed and applied to a textile enterprise. The running results reveal that this method can effectively reduce the order completion time, improve punctuality delivery rate, save 2–3 days of production planning and machine scheduling for the enterprise, improve the resource allocation ability and production management efficiency, and has guiding significance for small- and medium-sized textile enterprises to realize informatization.