Strategic Development Model Research Articles

MANAGEMENT OF FORMATION OF RESOURCE SUPPORT OF STRATEGIC DEVELOPMENT OF THE ENTERPRISE

The article substantiates the relevance of the development of the principles of management of the formation of resource provision of strategic development of the enterprise in modern conditions of global instability. The main groups of resource provision of the enterprise and the factors of their analysis in the context of the implementation of the model of strategic business development are determined. A formal description of the economic-mathematical model of the optimal distribution of enterprise resources is made. The system of measures of counteraction to obstacles of realization of tasks of model of strategic development of the enterprise caused by insufficiently effective management of resource maintenance is defined. The characteristics of methods of resource provision of the enterprise in the context of its strategic development are given. The resource approach to formation of strategy of development of the enterprise is substantiated. It is stated that in the context of effective planning of strategic business development, resource management for the long term is of key importance and, accordingly, requires careful planning. It is established that the purpose of modeling the strategic development of the enterprise is to increase its market value, which becomes possible due to the formation of a competitive development model. The objective basis for the operation and further development of the entity is capital, which is directly related to the market value of the business, as the capital of the enterprise means the value of resources in tangible, monetary and intangible form, which are invested in the formation of its assets. Accordingly, a significant role in ensuring the strategic development of each enterprise is played by its resource provision. The scientific novelty of the study is to substantiate the system of measures to combat obstacles to the implementation of the strategic development of the enterprise due to insufficient management of resources, as well as the development of methods of resource provision of the enterprise in the context of its strategic development.

Investing in Blue Natural Capital to Secure a Future for the Red Sea Ecosystems

For millennia, coastal and marine ecosystems have adapted and flourished in the Red Sea’s unique environment. Surrounded by deserts on all sides, the Red Sea is subjected to high dust inputs and receives very little freshwater input, and so harbors a high salinity. Coral reefs, seagrass meadows, and mangroves flourish in this environment and provide socio-economic and environmental benefits to the bordering coastlines and countries. Interestingly, while coral reef ecosystems are currently experiencing rapid decline on a global scale, those in the Red Sea appear to be in relatively better shape. That said, they are certainly not immune to the stressors that cause degradation, such as increasing ocean temperature, acidification and pollution. In many regions, ecosystems are already severely deteriorating and are further threatened by increasing population pressure and large coastal development projects. Degradation of these marine habitats will lead to environmental costs, as well as significant economic losses. Therefore, it will result in a missed opportunity for the bordering countries to develop a sustainable blue economy and integrate innovative nature-based solutions. Recognizing that securing the Red Sea ecosystems’ future must occur in synergy with continued social and economic growth, we developed an action plan for the conservation, restoration, and growth of marine environments of the Red Sea. We then investigated the level of resources for financial and economic investment that may incentivize these activities. This study presents a set of commercially viable financial investment strategies, ecological innovations, and sustainable development opportunities, which can, if implemented strategically, help ensure long-term economic benefits while promoting environmental conservation. We make a case for investing in blue natural capital and propose a strategic development model that relies on maintaining the health of natural ecosystems to safeguard the Red Sea’s sustainable development.

FINANCIAL DECISIONS TAKING INTO ACCOUNT MANAGEMENT REPORTING OF ENTERPISE

The article discusses existing issues in administrative management reporting which allows obtaining relevant information in terms of enterprise decision management.
 The purpose of the study is to develop theoretical and methodical aspects of management reporting when making decisions within the enterprise management system.
 The study of the current state and general trends in the development of the non-financial accounting and reporting system revealed the urgency of pushing a business entity for more transparency by disclosing financial data as well as a wide range of non-financial information. An analysis of empirical data and available research papers has revealed the main advantages of non-financial reporting by enterprises and assessed their potential impact on the effectiveness of management decision making. This allowed substantiating a necessity to develop a conceptual framework for strategic reporting. The form of strategic management report is suggested as generalization of accounting and analytical information including predictive information of strategic nature as a set of accounting and calculation indicators that characterize the internal and external environment of the enterprise as a whole and/or its segments and satisfies the information needs of users.
 The developed and offered format of the strategic management report is relevant and useful for large and medium-sized companies when implementing a strategic development model as well as conducting and applied research in the field of business strategies in order to ensure sustainability.
 Strategic management reporting as a format of management reporting is fundamental to the processing, interpretation and transmission of information for various levels of enterprise management when making managerial decisions. In addition, it is a tool for improving the informativeness of management reporting. Strategic management reporting also serves as means of overcoming information asymmetries in the process of managing business activities.

ОСНОВНІ ПРИНЦИПИ КОНЦЕПЦІЇ СТАЛОГО РОЗВИТКУ ГОСПОДАРСЬКОЇ ДІЯЛЬНОСТІ ПІДПРИЄМСТВА

Today, Ukraine is undergoing a complex process of reforming socio-economic systems towards the development of a successful country. However, modern realities do not always meet economic requirements and provide opportunities to accelerate this pace. Therefore, a fundamentally new model of economic development in the context of globalization is needed. The introduction of the concept of sustainable development will allow for fundamental transformations in all spheres of society. After all, sustainable development is the new paradigm that will change the attitude to the environmental consciousness of enterprises. It should be noted that the concept of sustainable development provides for innovative and efficient use of natural resources, which will ensure a decent standard of living not only for present but also for future generations. Sustainable development provides updated guidelines for combining the three main components of the concept in the enterprise. Their balanced complex at the enterprise will help to increase the level of competitiveness of this enterprise. Therefore, as is already clear, it is necessary to implement the principles of sustainable development in the enterprise. It should be noted that the study of the concept of sustainable development, clarifying the basic components of the concept of sustainable development, the implementation of the principles of sustainable development in the enterprise is a very important topic for scientists. However, in general, scholars focus more on the above issues at the global and national economies. Nevertheless, scientists are engaged in questions of sustainable development at the enterprise. Insufficient study of the basic principles of sustainable development of economic activity of enterprises and contributed to this study. The article points to the need to introduce sustainable development in the enterprise, the positive aspects of implementing the concept of sustainable development in the enterprise. The study examines the basic principles of sustainable development of economic activity of the enterprise. After all, the implementation of the principles and conduct of economic activity based on sustainability will help the company to build a new model of strategic development.

ТЕОРЕТИЧНІ ОСНОВИ СТРАТЕГІЧНОГО РОЗВИТКУ КОКСОХІМІЧНОЇ ГАЛУЗІ

Purpose is the research and generalization of the theoretical foundations of the strategic development of the coke-chemical industry. Methodology. In the course of the study, the following methods were used: synergetic approach, monographic analysis (when analyzing the terminological apparatus), an integrated approach (when clarifying the content of the concept of "strategic development of the by-product coke industry", forming a model for the strategic development of the industry). The theoretical and methodological basis of the research was formed by the conceptual provisions of modern economic science, the theory of industrial management, general scientific principles of scientific research, the work of leading foreign scientists. Results. The importance of systems thinking and vision in the development of the domestic by-product coke industry has been proven. Various views on the interpretation of the term "development" are systematized. which is considered from a philosophical and economic point of view. Attention is focused on the differences between the definitions of "development" and "growth" of industries. The diversity of forms of development of enterprises and the industry as a whole is noted. It has been established that the development of the by-product coke industry should be carried out on a strategic basis. Approaches to the definition of the concept of "strategy" are generalized. Based on the results of the analysis of definitions, the concept of "strategic development of the by-product coke industry" has been clarified. A system of conceptual provisions for its development on a strategic basis (taking into account current trends and trends) is proposed. The author's vision of the model of strategic development of the domestic by-product coke industry was formed. Scientific novelty. Formation of a new look at the theoretical foundations of the strategic development of the by-product coke industry (taking into account modern influences and challenges and the dynamism of industry transformations). Practical significance. The results of the study form a scientific and practical basis for the formation of systems thinking and vision of the prospects of the domestic by-product coke industry, create the prerequisites for managing changes and increasing the efficiency of its development.

Background for forming an innovative model of enterprise development in Kazakhstan

The scientific article examines the issues and prerequisites for the need to create an innovative model of strategic development, where an important place is given to the state in improving the competitiveness of the RK on a regional and sectoral scale. Along with this, the mission of the state is to create conditions for the implementation and development of promising large-scale innovative projects operating in a safe environment. The construction of a strategic model of innovative growth is an objective necessity in improving the well-being of individual enterprises in the republic. The above means that at the modern stage of development of Kazakhstani society, it is necessary to develop a national model of a strategy for innovation development of domestic enterprises in conditions of state regulation, which determines the target setting of scientific research in the presented article. To achieve this goal, the authors of the article consider it necessary to perform such tasks as the study of the theoretical and methodological foundations of innovative development and approaches to the formation of an enterprise strategy based on innovation; study of domestic and foreign experience of effective innovative development of enterprises, identification and substantiation of priorities for innovative development of enterprises, ensuring the achievement of the set strategic goals; determination of the most effective ways and mechanisms for the development of innovative strategies, implemented by enterprises of Kazakhstan, through the use of economic and mathematical modeling and forecasting. Key words: development strategy of Kazakhstan, state regulation, innovative development, competitiveness of enterprises, innovative model of economic growth, strategic management, knowledge-based economy

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The article examines the impact of digitalization of banking on the strategic management of the bank and different scenarios of strategic development of the bank depending on the degree of acceptance of the bank's digitalization process. An analysis of the study of digital technologies currently used by banks in Ukraine. Based on the considered gradations of digital banking, it was concluded that Ukrainian banks follow the partial introduction of digital technologies in their own activities and use the first two models of each grading: �digital banking brand� and �bank with digital channels�, as well as banking, as a service and �inclusive bankin�. The bank's management, based on financial capabilities and the chosen model of strategic development of the bank, is able to choose different options for digital technologies that will solve various problems of its activities, increase efficiency and ensure optimization of revenues and expenses

Стратегические факторы технологического прогресса строительства в регионах страны

The article is devoted to technological innovations, problems of their implementation at the industry level and at the level of construction organizations. The factors hindering the introduction of innovations in the investment construction complex are identified. Measures of state support for this process are proposed. Recommendations are given for improving the mechanisms for introducing innovations in the investment construction complex. Technological progress determines the pace and strategic directions of construction development. Since the construction industry sets the pace of economic development and is an important sector of the economy of many countries of the world, there is no doubt about the relevance of the problem under study. The introduction of technologies has contributed to the dynamic development of construction services in the last few years in developed countries. The purpose of the study is to analyze the prerequisites for the strategic development of construction based on scientific and technical development, as well as to identify growth restrictions in the regions of the country. The following research methods have been used by the author - system, situational, network approaches, modeling of socio-economic processes. In the course of the study theoretical approaches to the development of construction in the conditions of scientific-technical progress were considered; a model of strategic development of the industry was presented, including legal documents, in particular the draft Strategy for construction until 2030. The transition to an innovative development path is a complex process that requires a unified policy at the regional and local levels. The article reveals the problems of the construction complex innovative development and substantiates the factors that stimulate its transition to a new technological structure. Despite certain difficulties, the construction sector has many prospects for further development, but there are restrictions related to financing, risks, and methodological support for evaluating innovations

Assessing the innovative development of the rocket and space industry

The article discusses the tools for assessing the future development of the rocket and space industry. The main problem here are: a poor compliance of the strategic development model of the enterprises with strategic guidelines for the development of the entire industry, the technological lag, the presence of outdated and inefficient facilities, the lack of highly qualified personnel, the lack of modern systems of certified quality control and management, and a high degree of industry dependence on foreign technologies, materials and component suppliers. It is shown that the main task of the rocket and space industry management is to achieve high competitiveness of its products in terms of price and performance characteristics. Models are proposed for evaluating the effectiveness of innovative projects, taking into account the influence of endogenous and exogenous factors on the production for both the global and domestic market.

HR innovation risk assessment

The purpose of the study is to identify the risks of automation and robotization of personnel management systems, the pace of which is increasing and it needs a balanced approach to their use, taking into account the well-known and new risks and constraints. Systematic automation of routine processes leads to a change in the structure of the workflow, making it possible to shorten the production cycle and improve the quality of standard operations with a predictable result, but it does not consider mental and social constraints. The author analyzes the main trends and innovations related to digital resources in personnel selection and management, giving new horizons for career paths, defines the essence of each of selection tools, reveals the existing and future threats in using artificial intelligence in the most common automated HR systems and modern digital instruments with signs of artificial intelligence. The classification of digital tools used in personnel selection was developed, and the possibilities of using these tools in the professional and service career development were analyzed. There is a strong need to formulate a strategic development model of the company using information systems that integrate corporate knowledge bases and the intelligent decision support system, which can eventually be transformed into the individual human development.

RESOURCE APPROACH TO DEVELOPINGTHE STRATEGY OF AN INDIVIDUAL BUSINESS OF THE ENTERPRISE

The tasks and conditions of functioning of motor transport enterprises are considered. It is determined that the works of many foreign and domestic scientists are devoted to solving the problems that arise. Recent research in the field of management science makes possible to use a resource approach to develop a strategy for the activity of enterprises and to achieve on this basis an increase in production,profit, competitiveness of enterprises that perform one type of activity, produce homogeneous products. Most enterprises do not meet these conditions.For diversified enterprises consisting of several strategic business units (SBU), the methodology for implementing the resource approach should be somewhat different. Each SBU is focused on the production of one type of product, has different resources from other SBUs, their ability and competence. In view of this, the strategic development model needs to be refined for the SBU. The latter is to determine the features of the services provided, determine the requirements of customers for them, the appropriate resources. Therefore, the proposed model in the first stage defines the consumers of the properties of services in general. Based on the expert survey, those that meet the clients’ requirements are established by means of the expert survey. Accordingly, requirements for each type of resources are determined: for its rolling stock, its type, load capacity, for fuel and lubricants type and brand, and so on. The resources available in the SBU are compared with the resources needed. To identify strengths and weaknesses, existing resources are compared with those of competitors. The ability of resources, their strengths and weaknesses in comparison with the characteristics of competitors are also determined. Key competencies are analyzed using a resource and ability matrix.Thus, the model of using the resource approach to the development of the enterprise strategy based on the strategies of individual types of business is improved. This enables to identify the strengths and weaknesses of individual resources and their capabilities, as well as key competencies,more clearly.

Стратегічний розвиток підприємства в умовах глобальної конкуренції.

The article analyzes the approaches of scientists to determining the essence of strategic enterprise management, examines the evolution and development of management concepts, analyzes the sequence of stages of strategic enterprise management, which are current issues of today. The research revealed a new stage in the development of managerial concepts - strategic development of the company, which is based on successful strategic management and allows you to bring an innovative product to the market, providing leadership in the conditions of global competition, or to create a new market niche, industry, etc. According to a new stage, a conceptual model of strategic development of the enterprise was created, which will help to get results in the conditions of global competition.

ФОРМУВАННЯ СТРАТЕГІЇ РОЗВИТКУ ВІТЧИЗНЯНИХ НАСІННЄВИХ ПІДПРИЄМСТВ

ФОРМУВАННЯ СТРАТЕГІЇ РОЗВИТКУ ВІТЧИЗНЯНИХ НАСІННЄВИХ ПІДПРИЄМСТВ

Economic Assessment and Strategic Potential of Agro Industries: The Case of Sugar Industry

Current economic activity in the beet sugar industry is below its highest point, and this encourages to search for and to shape specific development strategies. This article analyses the current state of Russian sugar markets, domestically and internationally. The investigation over the strategic potential of effective beet sugar sub-complex development has involved 78 large agricultural enterprises and 59 peasant farms of the Republic of Bashkortostan. By total production output, sugar beet producers are classified into several groups. The first group, which is the highest, includes 10 backbone strategic enterprises, which can produce 897.9 thousand tons of sugar beet. The second group includes 19 enterprises and produces 442.5 thousand tons of sugar beet. The third group, not a priority group, includes 43 enterprises (333.3 thousand tons). A similar classificationt was done for peasant farms.From the assessment encompassing the strategic potential of sugar beet industry certain scenarios have been considered such as: business-as-usual (72.2%), extensive growth (83.3%), intensive growth (100.0%) and hybrid growth (122.2%). These scenarios were composed to forecast the production target achievements. Forecasts were made using a model of strategic development of beet sugar sub-complex of the Republic of Bashkortostan, for the period until 2020. The approach developed in this article is recommended to be used as a guideline in developing long-term regional programs for agriculture development. It can be also addressed to adjust some measures that are being taken under the launched programs.

Sharia Business Unit Spin-off: Strategic Development Model of Sharia Banking in Indonesia

Islamic bank in Indonesia in the last ten years shows a positive trend is quite impressive, the average asset growth of 30% is well above the average growth of conventional banks which only reached 15%. The other side, if the terms of its contribution to the national banking system is still very small, as indicated by the achievement of market share of Islamic banks until the end of December 2016 reached only 5.30% of the total national banking assets. Regarding to the objective conditions, would need the appropriate business development strategy to boost growth and expand market share, so that Islamic banks can increase their role in national economic activities. Spin-Off sharia business unit owned by a conventional bank is one of the business development strategy offered by the Banking Act. This paper aims to identify and measure the effectiveness of the implementation of the spin-off business unit into a sharia/Islamic banks (Sharia Commercial Bank-SCB) that have been carried out by some Islamic banks in Indonesia. The results show that the growth rate of SCB business activity is better than Sharia Business Unit (SBU), but in terms of profitability and efficiency level of SBU is better than SCB.

The Public-private Partnership as the Environment for Creating Strategies for Enterprises’ Effective Development

This article examines the methodological basis for creation of effective strategies for enterprises’ development in the public-private partnerships (PPP) frameworks in conditions of changes and challenges. PPP makes favourable conditions for effective relations of entities from state and private sectors in the course of project and program development and delivery. Each participant of such partnership executes exactly the tasks which they can deliver better than the others, and this ensures getting the best economic results. Effective schemes of relations among the state and private sectors are analyzed in four perspectives: interdependency, cooperation, collaboration, and competition. In this context, we determine the state policy components for economic development of the regions. As a result, the author proposes the model of strategic development of enterprises and the enterprise positioning in the modern economic environment in the system of interrelation between stakeholders.Article received 27.04.2017

Examining patterns of policy change in a post-socialist city: the evolution of inner-city regeneration approaches in Łódź, Poland, after 1989

The article analyses the process of transformation of inner-city regeneration strategies in the Central Eastern European city of Łódź in Poland. During the period of structural adjustment that commenced with the fall of socialist regime in 1989, the city experienced multiple problems linked to the closure of the textile industry, depopulation and a number of social issues. In their search for a new strategic development model, the local authorities experimented with multiple inner-city regeneration approaches. By reviewing key strategic documents in the city, this paper analyses the gradual change in the objectives and pressure points in inner-city regeneration. The analysis is complemented by the presentation of three case studies illustrating how the approaches identified within these strategies (culture-led development, mega-project, socially focused revitalisation) were implemented.

Estimation of Threats of the Rostov Region Economy Caused by the Collapse in the Azov-Don Water Basin

1. Introduction At the current stage of rapidly changing macroeconomic conditions there is a challenge to find an optimal model of strategic development of territorial social and economic systems when the current growth of peoples' life quality does not undermine the ability to ensure that growth in the future. It is actually development, whose concept became widespread in many countries of the world and is accepted as a basis for the activity in many respected international nongovernmental organizations (Akopova et al., 2017; Dzhukha et al., 2107; Medvedeva et al., 2016 and 2015; Kovalenko et al., 2016; Epifanova et al., 2015; Mozylowski and Kalinowska, 2014). It is topical to provide development at the regional level because all three parts of this concept make a unique alloy: social, economic and environmental. These are the regional social and economic systems, where correlated links among natural resource potential, economic growth dynamics and social infrastructure are distinctively manifested. If social and economic development level in the regions can be compared with all-Russian, ecological situation is unique and definitely belongs to a certain territory. In this connection, the regional authorities are to ensure conditions for the development taking into consideration ecological risks and threats due to changes of regional ecosystem as well as complex solutions on protection and rational natural resources use. The objective of this article is the assessment of economic threats which result from the collapse in the Azov-Don Basin manifested in irreversible shallowing of the Don and solemnization of the Taganrog Gulf. This environmental problem has been widely discussed in the scientific community; researches of the Southern Scientific Center RAS are devoted to it, particularly such leading scientists as Matishov (2016) and (2017), Ponomareva E.N. et al., (2014), Kleshenkov A.V. et al., (2014), Chikin A.L. et al., (2014), Berdnikov A.T. et al., (2014), Thalassinos et al., (2012).Without belittling the seriousness of the situation for the entire ecological system of the Rostov region, the article focuses on the economic aspects, assessing the impact of environmental issues on the regional economy and its safe operation. 2. Research, information, empirical and methodological bases of research Due to topicality of the natural and ecological problems in world and national economies, the concept of development, which appeared in the 1970-s, started to be applied everywhere. In this period such problems did not just threaten the humankind, had negative impact on the population health due to the pollution, but naturally deter high pace of growth due to the scarcity of natural resources as well. The involvement of the international community at the state level in the solution of environmental problems usually associated with the holding in 1972 in Stockholm on the UN Human Environment Conference and the creation of the United Nations Environment Program (UNEP) (5), whose ideology was the motto environment in the interests of development. The development concept was understood as such development of the society that is based on rational, nonexhausting use of nature. Thus, the World Commission on Environment and Development (Commission Brutland, 1987): defines the as Sustainable Development is development that meets the of the present without compromising the ability of future generations to meet their own needs (6). According to the UN resolution (7) sustainable development--the development of the society, which allow to satisfy the need of the present generations without prejudicing the opportunities to leave a legacy to future generations to meet their own needs. The development concept in many respects echoes the concept of the noosphere, proposed by the professor of Mathematics Leroy, E. …

Mostar Airport strategic development model

Since 2010, the Mostar Airport has had significant traffic results after 10 year long post-war traffic stagnation. In recent years a number of passengers doubled, while the traffic numbers at the end of 2012 reached the figures before the war. In order to be able to meet traffic demand and actively face the challenges that lie ahead, and to train professionals properly, the Mostar Airport should develop specific planning documents that should serve as guidelines for future coordinated, planned and sustainable development. This development should be planned in regard to customers, passengers and airline satisfaction. This paper presents the research for the Mostar Airport, for which mid-term traffic forecast and strategic development model was developed. Strategic development model could be applied on all airports in Bosnia and Herzegovina (under the conditions that all airports have previously created master plan), with some adjustments.

Модифікація моделі стратегічного розвитку підприємства з урахуванням екзогенних факторів

У роботі проведено критичний аналіз відомих моделей стратегічного розвитку підприємства та зроблено висновок про необхідність подальшого розвитку відповідних у напрямі комбінування моделей, що ґрунтуються на концепції життєвого циклу організації з моделями, заснованими на врахуванні впливу зовнішніх факторів. Сформульовано гіпотезу стосовно впливу соціально-психологічних і ціннісних факторів на стратегічний розвиток організації та намічено способи емпіричної перевірки цієї гіпотези.