Strategic Management Principles Research Articles

Strategic Management and Business Ecosystem Scientific Relations—Key Areas Review

This study explores the interaction between the business ecosystem and strategic management. This research is driven by the necessity of understanding how the principles of the business ecosystem influence organizational strategic management. A Systematic Literature Review was carried out, focusing on a detailed analysis of articles indexed in the Scopus academic database. The research procedure aimed to uncover emerging perspectives on strategic management and the development of business ecosystems. The findings reveal a substantial gap in research regarding business ecosystems and sustainable strategic management. The paper suggests a new research agenda and proposes novel pathways for future investigations in this field.

Management of strategic development of enterprises in the energy market of Ukraine

The article examines the peculiarities of managing enterprises' strategic development in Ukraine's energy market. The main threats and dangers to the functioning of the energy industry in modern conditions were determined. The state of functioning of enterprises in the energy industry was studied. Based on the analysis of the electricity production volumes by different energy systems, the industry's and individual enterprises' development trends are substantiated. The state of the export potential of electricity to European countries was analyzed, resulting in a significant decrease in exports of all types of generation was revealed. The competitive position of Ukraine's energy industry, which has significantly decreased in recent years, has been studied. The main directions for increasing the competitiveness of energy-complex enterprises both in the domestic and foreign markets have been formed. It was determined that for Ukraine's energy industry, access to new European sales markets will significantly improve its competitive position, ensure the industry's economic activity, and contribute to its sustainable development. The definition of the strategic development of the enterprise is given. A conceptual model for managing the strategic development of enterprises in the energy market of Ukraine is proposed, which includes the following stages: definition of the purpose, principles, tasks, methods, and tools for managing the strategic development of the enterprise; analysis of the market and competitive environment; strategic planning; carrying out a SWOT analysis; resource planning; strategy implementation; monitoring and evaluation. The main objectives of the development strategy of energy industry enterprises have been formulated. The main principles of strategic management of the development of energy market enterprises are defined. The need to diagnose the competitive positions of the industry, which will allow us to determine the strengths and weaknesses in the activities of both individual enterprises and the complex, is substantiated. Identifying threats and weaknesses will allow managers to implement the necessary measures to minimize or eliminate them promptly, which will positively affect the development of energy industry enterprises. Keywords: management, strategic development, energy market, enterprise, management model.

STRATEGIC MANAGEMENT IN HORECA: A MODERN PERSPECTIVE

Currently, fundamental changes are happening in strategic management in the HoReCa sector due to the need for maximum flexibility in long-term development plans for operators and market participants in public catering and hospitality. The highlighted necessity is becoming more critical due to escalating competition, rapid shifts in consumer preferences, swiftly advancing technologies, and their increased importance in sustaining competitiveness and enhancing customer service. Beyond the aforementioned factors, the importance of strategic management flexibility is accentuated by the substantial vulnerability of enterprises in the HoReCa sector to economic crises. The article aims to outline the conceptual foundations of strategic management in the HoReCa sector. The conclusion has been reached that among the fundamental principles of flexible strategic management in the HoReCa sector are: prioritizing dynamic outcomes; adopting a reactive format for strategic action systems; embracing an experimental nature and strategic iteration in the strategic planning process; emphasizing resource efficiency; and actively engaging personnel in decision-making processes. It has been noted that the collective implementation of flexible strategic management principles results in the formation of a strategic management framework that assists HoReCa enterprises in sustaining operational efficiency amid fluctuations in both external and internal environments, and facilitates growth in unpredictable market conditions.

Вопросы стратегического управления в нефтегазовых компаниях при освоении арктических месторождений

The current development of hydrocarbon fields in the Arctic necessitates innovation-driven solutions regarding technology and management. While extensive production experience exists in onshore projects, the complexities of offshore hydrocarbon fields, such as limited access and underdeveloped infrastructure, demand strategic decisions in an unstable market environment. Long-term in nature, these decisions require a comprehensive application of strategic management methods and tools. The irreversibility of economic processes associated with substantial investments and the potential for major financial losses in project failure underscore the importance of employing strategic management methodologies. Global factors such as fluctuating oil prices, geopolitical challenges, the rise of green energy, and heightened corporate social responsibility expectations in the oil and gas sector necessitate a reevaluation of fundamental principles in strategic management systems. This study employs logical and general research methods to classify and synthesize relevant literature, identifying strategic management issues and evolving principles and approaches in strategy formulation. Technical and economic aspects of project implementation onshore and offshore are highlighted. The article argues for the revision of strategic management principles in Arctic oil and gas projects, particularly in offshore field development. Conceptual models of functional strategies for business units implementing onshore and offshore projects are proposed.

STRATEGIC MANAGEMENT AND ITS APPLICATION IN THE BUSINESS OF SPORTS. IDENTIFYING NEW KEY PERFORMANCE INDICATORS FOR THE SPORTS INDUSTRY

This article delves into the critical intersection of strategic management and the sports business, aiming to identify innovative Key Performance Indicators (KPIs) tailored to the unique dynamics of the sports industry. Strategic management principles are increasingly indispensable in navigating the evolving global sports landscape. By examining the application of strategic frameworks, such as SWOT analysis and balanced scorecards, within the context of sports business operations, this study seeks to unearth novel KPIs. These indicators encompass not only financial metrics but also fan engagement, sustainability, and social responsibility, aligning with the modern demands and ethical considerations of the sports sector. Through the development of these new KPIs, this article provides a forward-looking perspective, offering valuable insights for sports organizations striving for sustained success in a rapidly changing world.

Стратегическое управление трансформацией торговых интернет-платформ: проблемы и решения

The article is devoted to the consideration of strategic management of digital transformation of online trading platforms, as well as the identification of the basic principles and challenges associated with this process. The article substantiates the importance of digital transformation for online trading platforms and makes judgments that this strategy becomes a necessity in the conditions of rapid development of digital technologies and changes in consumer behavior. Today, digital technologies are not only means of additional expansion of resources and tools available to the enterprise, but also produce a deep revision of the essence of the interaction that develops between organizations and their customers. As a result of the evolution of the Internet, mobile devices and social media, modern consumers have become more informed, mobile and demanding, where they insist on personalized services, prompt responses and a high level of convenience at every stage of making a purchase. In the conditions of modern metamorphoses, Internet trading platforms are forced not only to adapt to new conditions, but also to implement digital strategies with an active approach to maintain their competitiveness, which indicates that digital transformation is no longer only part of the innovation plan, but represents a vital strategic task to ensure the survival and sustainable growth of the enterprise. The author draws attention to the key principles of strategic management of digital transformation, such as the development of a digital strategy, ensuring the integration of technologies, the development of digital competencies of employees and the creation of an innovative culture. It is noted that Internet trading platforms face a number of challenges in implementing digital transformation, including changing business models, increased competition and data security. The article also offers recommendations on overcoming these challenges and the successful implementation of strategic management of digital transformation of online trading platforms at the present stage of their functioning.

Manajemen Strategi Dakwah Walisongo di Wilayah Pulau Jawa

The success of the spread of Islam on the island of Java shows that the Walisongo have good missionary management. Evidence in the form of facts, data and information in this research can be traced from historical sites by confirming to the guards and security passed down from generation to generation from the direct heirs and officials in the local area. In addition, various documents in the form of literature can be studied in depth. This research was conducted using a case study approach related to managing the Walisongo da'wah strategy in the region of Java Island. The data used comes from literature and documents, with data analysis carried out in a descriptive-normative manner. The results of the study can be concluded that (1) the management of the walisongo's da'wah when they entered Java was carried out with good collaboration and teamwork, (2) the management of the walisongo's da'wah involved people who had positions, both in government and society, (3 ) the management of the walisongo's da'wah uses means through the culture, arts and traditions of the local community, (4) the management of the walisongo's da'wah is practised through educational activities with strategic management principles, which focus on the future with an activity approach and the culture of the community at that time.

Transformation of Strategic Management Principles of Air Transport and Logistics Enterprises in Conditions of Instability

The significance of this study is derived from instability situations faced by various markets, particularly in the transport and logistics sectors, and the necessity to ascertain methods for their future advancement. The aim of this paper is to determine transformative modifications in the fundamental principles of strategic management for companies engaged in transport and logistics markets. In the course of the research, various methods were employed, including generalization, system analysis, abstract-logical method, systemic approach, analysis and synthesis method, graphical method, induction, deduction, comparison and systematization method, expert analysis, and selective observations. As a result, the authors identified the prerequisites for the transformation of unique and oversized air carriers into 3PL (Third-Party Logistics) operators, which are divided into the following blocks: needs, threats and risks, and product uniqueness.

Strategic management in agriculture: modern methods of analysis, current problems and development trends

Strategic management is a key aspect of enterprise management. The purpose of this study is to analyze strategic management in the context of current trends and challenges faced by organizations. This article discusses the basic principles of strategic management, its role in creating competitive advantage, and the methods and tools used in strategy development. The challenges faced by organizations in the implementation of the strategy, as well as ways to overcome them, are also considered. The article describes the features of strategic planning in the agro–industrial sector, including the management of risks and changes in market conditions. Special attention is paid to current issues in the field of digitalization of agro–industrial management and current trends in the strategic development of agro–industrial companies. Recommendations are formulated for the development and implementation of strategies using innovative information technologies such as big–data analysis, artificial intelligence, machine learning, as well as the use of new management methods such as agile, lean and ESG strategies. This article concludes with recommendations for developing and implementing an effective strategy. The article may be useful for executives and managers in the agro–industrial sector, as well as for researchers and students studying strategic management.

STRATEGIC MANAGEMENT OF ENVIRONMENTAL AND ECONOMIC SECURITY

The article examines the conceptual principles of strategic management of environmental and economic security in the context of the national economy. It has been substantiated that the application of strategic management will allow to analyze and determine the trend of changes in the parameters of exogenous and endogenous influence on the state of ecological and economic security, innovativeness and relevance of measures of state influence. The purpose of the article is to form the conceptual foundations of the system of strategic state management of environmental and economic security. It has been determined that the strategic state management of ecological and economic security is an expression of a systemic approach to substantiating the principles and methods of ensuring the interaction of the elements of the management system, It should be defined as a set of management decisions aimed at ensuring the prospects for the implementation of organizational and economic mechanisms of state management. It has been noted that measures of strategic management of environmental and economic security are characterized by a clear sequence of implementation stages and a structured content of each stage, while the process of strategic management of security requires the formation of an appropriate management structure. The main tasks of the system of strategic management of ecological and economic security, functions and sequence of implementation of the specified process has been defined. The condition for the implementation of the strategic management is its integration into the complex mechanism of national security management, the action of which will contribute to the improvement of relations between all branches of state and regional administration. The key characteristics of strategic management of environmental and economic security in the context of a systemic approach are has been proposed such as integrity, complexity, synergy, functionality, heterogeneity, emergentity.

The Impact of Globalization on Strategic Management in Lebanon

Purpose: The study sought to analyze the impact of globalization on strategic management in Lebanon.
 Methodology: The research was conducted entirely on desktop review method. Secondary data, or data that doesn't require actual observation in the field, are the focus of desk research. Because it requires little more than an executive's time, telephone rates, and directories, desk research is generally seen as a low-cost strategy in comparison to field research. As a result, the research used data that had already been collected and reported. Secondary sources such as internet journals and libraries made this information readily available.
 Findings: The results show that the impact of globalization on strategic management is far reaching and has changed the way managers view their roles and responsibilities, the way they think about strategy, and the way they go about developing and implementing strategies. They must also be able to effectively manage resources and operations across multiple countries, as well as develop strategies that are tailored to different global markets. Globalization has led to an increase in competition, a shift in the way organizations approach their customers and markets, and the availability of resources and information. Organizations in Lebanon can leverage the opportunities created by globalization in several ways such as focusing on customer segmentation, leveraging new technologies and expanding their operations in new markets.
 Unique Contribution to Theory, Practice and Policy: It is possible that the theories of globalization of markets and transaction costs will serve as the foundation for future research in the field of strategic management. Policymakers, researchers, and academics from all across the world will all stand to gain from this study's findings. The country's senior strategic management executives will also use the study's conclusions to boost globalization across the board. The study suggests that urbanization firms increase the effectiveness of their primary operations and activities by adopting strategic management principles.

‘Robert’s Rules of Order’ on religious conflicts in the Church of Christ in Zimbabwe

Church conflicts arise due to poor ethics, hermeneutics or doctrine. Unending conflicts may be historical and conflict resolution may not have been done. This article identifies fissures in the history of conflict in the Church of Christ in Zimbabwe (COCZ). It proposes to use ‘Robert’s Rules of Order’ (RONR) to redirect deliberants’ energies towards comprehensive solutions (Robert 2020). This can eradicate collegial competition, litigious animosity, divided loyalties, mutual hatred, and violent tendencies in negative energy to increase growth tendencies in the organisation. Trust was lost due to highly adversarial contact where legal battles and acrimonious criticisms have not been addressed. The COCZ has tactical, technical and strategic management principles inherited from the restoration history, which can apply in conflict resolution. Using scientific methods of handling conflicts like RONR, and the COCZ principles can hopefully lead to better results in that church.Contribution: The paper contributes to alternatives to conflict resolutions which have been tested within the Church of Christ. The Robert’s Rules can be used in different religious organisations to resolve conflict through peaceful resolutions of difference.

THEORETICAL APPROACHES TO THE MANAGEMENT OF THE STRATEGIC DEVELOPMENT OF MEDICAL TREATMENT INSTITUTIONS

Topicality. Reforming the modern health care system requires comprehensive strategic measures that will contribute to increasing the effectiveness of the management of the strategic development of medical institutions. The market of medical institutions is an important component in the structure of the market of medical services, evidence of this is the intensive development and expansion of not only medical, but also cosmetic services, improving their quality and level of service. Therefore, there is an urgent need to determine the essence of managing the strategic development of medical institutions.
 Aim and tasks. To determine the fundamental theoretical approaches to understanding the essence of managing the strategic development of medical institutions.
 Materials and methods. The material for the research was the results of fundamental scientific works in the medical field, as well as materials for their planning in medical institutions. The main achievements of foreign and domestic science in the medical field, strategic planning of its development and the application of the principles of strategic management of medical institutions became the theoretical and methodological basis of the research. The work uses the methods of structural and logical analysis of the research, which will allow to highlight, logically structure and establish connections between the implementation of a unified medical information system and the result of the work. Statistical methods, including retrospective and prospective analysis, were used to study the competitive advantages of drug treatment. A problem-oriented method was used for the scientific substantiation of strategic directions for solving management issues.
 Research results. The level and quality of the provision of medical services characterizes the sustainable development of the country, because other areas cannot develop fully if the health care system is at a low level. The formation and development of strategic management is a significant part of corporate management not only of a manufacturing enterprise, but also of health care institutions, and it acquires an especially important role in the conditions of reforming medicine, with the aim of further obtaining social, therapeutic, financial and economic competitive advantages in the medical market services Without effective medical care, citizens are not interested in solving secondary problems, because the issue of preserving and maintaining health always comes first. With the spread of market development priorities, the management of medical facilities is gaining importance.
 Conclusion. Management of the strategic development of medical institutions is aimed at introducing new medical technologies, increasing the level of professional training of medical personnel of medical institutions, and improving the quality of medical care using the latest technologies.

New Business Models in the Energy Sector in the Context of Revolutionary Transformations

The relevance of the problem of improving business models in the energy industry has become especially acute in recent years due to the energy transition, the emergence of new energy production and consumption technologies, and the increase in environmental requirements for energy companies’ performance. The purpose of the study is to form recommendations for creating business models in energy companies that meet modern realities and ensure the sustainable development of the energy business in an environment that is characterized by increased uncertainty and aggressive competition. Based on the analysis of scientific publications and the systematization of industry cases, it is proved that business models in the energy sector are likely to transform in the following three aspects: implementation of green technologies as a response to the public demand for clean energy; spatial organization of production based on platforms and digital tools; and active implementation of customized knowledge-intensive services. This article discusses the development of the social investment concept, the key factors affecting its implementation in the energy sector and related industries, and its risks and limitations in the times of energy crises. It is justified that new business models require changes in energy market infrastructure and strategic management principles. In this regard, the authors developed recommendations for the adaptation of the wholesale and retail electricity and power market to the structural, technological, and economic transformations in the energy production and consumption areas. The main advantages, barriers, and ideas for the effective implementation of innovative business models in energy companies are verified through an expert survey.

Logistic support to ensure the investment attractiveness of the regions of the Russian Federation

Modern socioeconomic challenges are shaping new approaches to finding effective ways to develop Russian Federation regions, with the goal of forming logistics infrastructure through the large-scale implementation of digital technologies in management, subject to effective labor resource management. The purpose of the study is to improve the process of ensuring the regions' investment attractiveness using a logistical approach to the management of the regions' infrastructural and social resources. The prerequisites for the development of an integrative approach to managing the movement of human resources in the labor market were established based on the analysis of existing conceptual approaches to the problem of managing the movement of human resources using the method of systematization. This study concludes that the level of investment attractiveness of the regions is largely predetermined by the pace of development and implementation digital technologies and related logistics products and services, as well as the level of efficiency of management of external and internal labor flows in regional labor markets. The development of an integral approach to managing the movement of human resources, based on strategic management principles, and considering the interaction of labor, material, financial, and other logistical flows, enabled the essence of the concept of "labor flow" in relation to the category of "movement of human resources in the labor market" to be substantiated.

THE ESSENCE AND EVOLUTION OF STRATEGIC BUSINESS MANAGEMENT

The article examines the theoretical foundations of strategic enterprise management, the evolution of strategic management, the essence, critical approaches, and principles of strategic enterprise management. It is noted that the term «strategy» was first used by A. Chandler in 1962 and the term «strategic management» by I. Ansoff in 1965. The evolution of strategic planning was studied. I. Ansoff identified four stages of strategic management development, in particular: Stage I – reactive (Chandlerian) adaptation, Stage II – strategic planning, Stage III – management of strategic opportunities, and Stage IV – management of problems on a real-time scale. Namely: Stage I – budgeting and control, Stage II – long-term planning, Stage III – strategic planning, and Stage IV – strategic market management. The strategies of the school were analyzed, which were analyzed in detail in the work of H. Mintzberg, B. Ahlstrand, and J. Lempel. These schools can be grouped according to the nature of research into three groups in the following group: Group I – includes three schools: design, planning, and positioning; II group – consists of six schools: entrepreneurial, cognitive (cognitive), school of education, power (force), culture and external environment; III group – includes one school: configurations. The article analyzes the existing definitions of the essence of the concept of «strategic management», which means the processes of making managerial decisions or sets of decisions; management process; action model; management of the organization based on human potential, etc. The author’s definition of strategic management has been formulated, which should be understood as the specific processes of making and implementing management decisions regarding the formation and implementation of a strategy with the targeted achievement of established goals, which are based on an objective assessment of the external and internal conditions of the enterprise’s functioning.

TOOLKIT FOR ENSURING SYSTEMIC DEVELOPMENT OF HEALTH CARE INSTITUTIONS IN UKRAINE

The research emphasizes the objectively existing need, as well as the problem of ensuring effective management of the systemic development of health care institutions in Ukraine, in particular in the segment of private ownership. The purpose of the study is to determine the scientific substantiation of the theoretical, methodological and applied characteristics of the implementation of the toolkit for ensuring the systemic development of health care institutions in Ukraine, which provides for institutional and structural reforms in the field for the sake of organizations and the constant improvement of the quality of medical care for the population in accordance with international standards. It is shown that every enterprise is an open complex dynamic system that functions in a defined external environment. The modern socio-economic environment is characterized by a high rate of change, which can sometimes be predicted with low probability. Maintaining the existing state of the enterprise and moving forward is possible only under conditions of effective adaptation of the enterprise to changes in the external environment Options for ensuring systemic development of health care institutions, namely, internal growth due to more effective use of own resource potential; redistribution of internal resources, focusing them on progressive types of economic activity; termination of the provision of a number of services that require higher quality resources, in their real absence; transfer of certain types of activities, not provided with resources, to other performers on a contractual basis; merger / acquisition with the aim of improving the system of medical care of the population. The advantages and disadvantages and peculiarities of practical implementation of relevant strategic decisions are indicated. The scientific novelty of the research results lies in the further development of methodological and applied principles of strategic management of the development of health care institutions due to the identification of strategic alternatives for the efficiency of activities, as well as tools and means, the implementation of which ensures systemic development. The applied value of the research results lies in the development of various scenarios for the further balanced development of health care institutions.

Wheat and chaff: the degree to which strategic management principles are integrated within corporate social responsibility reporting among large Canadian firms

This empirical study examines the degree to which strategic principles are reflected in the corporate social responsibility (CSR) reporting practices among Canada’s largest corporations. In a two-phased approach, three time periods of corporate disclosure from 2016 to 2020 were studied. Using an organizational flowchart derived from the literature, CSR disclosures were organized according to six degrees of strategic integration. Analysis reveals a bimodal distribution of firms, with one mode representing firms with a fully integrated reporting framework, and another mode representing firms with the partial integration of strategic management principles. Inconsistent patterns of progress in reporting practices were discovered, with some firms demonstrating improved reporting practices while others stagnated or declined. Overall, a generalized improvement in strategic integration during our multi-year examination was observed. While this work has implications for corporate social responsibility theory, recommendations for CSR practitioners are also discussed.

Assessing strategic planning in municipalities: Methodological, practical and managerial aspects

The topicality of municipal strategizing in the Russian Federation is due to, among other things, the lack of a unified methodology for devising and implementing strategies of municipal socio-economic development. The quality of these strategies and their effectiveness vary significantly. The article examines methodological, practical and managerial aspects of the assessment of strategic planning in Russian municipalities. The research methodology is based on the theoretical principles of strategic management, regional and municipal economics. The methods of statistical analysis (ranking and grouping) are used. The empirical basis includes Rosstat statistical data and socio-economic development strategies of the largest Russian cities. In the research, we formulate and test the methodology for a comprehensive assessment of the strategic planning of regions at various hierarchical levels, which allows evaluating the formation process of a strategy, as well as its content and practical feasibility. The results of the assessment have allowed us to distribute the municipalities in question by the effectiveness of their socio-economic development and identify the main drawbacks of the corresponding strategies: lack of analysis of the environment, the mission and the main goal; poorly elaborated strategic avenues; ineffective methods and control mechanisms; untimely adjustments, etc. The socio-economic development of territories is proved to be dependent on the quality of strategic planning and management. The practical value of the study is due to the strong need for timely management of the strategic development of various territories, including municipalities.

Character Education Strengthening Strategy Based On School Culture For Senior High School Students

The era of globalization characterized by free competition and excellence, and supported by modern information technology, turned out to provide problems for the world of education in the development of the character of the nation. Among the problems is the optimal involvement of envirormental input consisting of families, communities and stakeholders, to the process of implementing strengthening character education strategies based on humanist education principles. Based on some of these problems, the study focused on: "Character Education Strengthening Strategy based on school culture for high school students." In general, this study aims to describe: Environmentalobservation, formulation of school culture-based strengthening character education strategy for high school students, implementation of strengthening character education strategy, evaluation of strengthening character educationstrategy, obstacles to implementation of strengthening character education strategy, solutions from obstacles to the implementation of strengthening character education strategies, and impact of implementation of strengthening character education strategies. The study uses a qualitative approach with descriptive analysis, sourced from principals, deputy principals, teachers, and students. The data collection tools used are observations, interviews, and documentation studies. The results of this study generally show that these two Institutions have established the formulation, implementation, and evaluation of strategies of the school's culture-based strengthening character education for high school students well in accordance with the principles of strategic management. Specifically: 1) Environmental analysis conducted by the Principal at the two Educational Institutions runs in accordance with strategic management theory and can be used as a first step before formulating and choosing a school culture-based strengthening character education strategy for high school students. 2) The formulation of strengthening character education strategy implemented at these two Educational Institutions is in accordance with the principles of strategic management and government policy. 3) Implementation and implementation of school culture-based strengthening character education Strategy for students at two institutions can be implemented properly in accordance with the principles of strategic management, although in his research researchers found some obstacles, but all of them can be sought solutions. 4) Evaluation related to the School's culture-based strengthening character education strategy for students has been arranged and running well. This can be seen with the articles and rules that have been set by the school related to what students do, their development and activities while in school and outside school. 5) In general, obstacles in implementing the strengthening of school culture-based character education in the two institutions include the limitations of integrated policy tools in realizing character values; shifting ethical values in the life of the nation and state; affected by information technology. 6) Everyone involved in the Education process must know very well the function of national education and teachers must have a commitment in participating in realizing every function of national education. 7) The formation of students of strong character and religious character, an effective, conducive and efficient learning environment, an integrated curriculum between co-curricular, intra-curricular and extra-curricular, and the creation of a good school culture.