Telecommunication Enterprises Research Articles

FUZZY-LOGICAL EXPERT SYSTEM FOR ASSESSING THE FINANCIAL SECURITY OF ENTERPRISES

The purpose of this study is to build a fuzzy expert system for assessing the financial component of the economic security of telecommunications enterprises. The methodological basis of the research is founded on scientific works of domestic and foreign scientists and leading experts in the field of financial analysis and modeling of economic processes, as well as statistical and financial reporting data that are publicly available. To construct an integral indicator of the financial security of an enterprise, a fuzzy conclusion is used. Three financial indicators are used as input variables. The first indicator X1 is the Current Ratio (CR). The second indicator X2 is Equity Ratio (ER). The third indicator is Return on Assets (ROA). The output variable is defined as an indicator of the financial security of an enterprise Y123 (FS). Both the input variables and the output variable are converted to fuzziness by constructing membership functions. The type and parameters of the affiliation function are justified, and the bell-shaped affiliation function is chosen to describe the uncertainty of values that fall under the normal distribution. The quantity of fuzzy sets at every input is considered as z=3 and the quantity of input variables is considered as ω=3. To achieve completeness of the model, the quantity of logic rules is considered as r=33=9. To calculate a degree of market concentration, Mamdani fuzzy conclusion is applied. Defuzzification is engaged to calculate the value of the output variable Y123(FS) for an indicator that determines the degree of financial security of an enterprise and, as a result, the degree of its economic security. To assess the level of the financial security indicator of an enterprise, a fuzzy expert system is constructed. The fuzzy expert system allows you to use various indicators thanks to the fuzzy logic methodology, which takes into account the fuzziness of input variables and output variables as much as possible. For the three telecommunications companies whose core business is wireline communication, ratios are calculated based on financial reports. Financial coefficients are used to determine the integral indicator of financial security of enterprises. This indicator can be characterized by both numerical values and linguistic terms.

Technological Innovation and Strategic Leadership Axis on Competitive Advantage of Telecommunication Enterprises

The study conceptualized a relationship between technological innovation and strategic leadership on competitive advantage. Technological innovation has been posited to influence performance competitive advantage however; this position has been largely tautological and hence required more empirical testing. Although implied, the role of strategic leadership in the relationship between technological innovation and competitive advantage has been largely lacking. The study, therefore, specifically sought to determine the moderating role of strategic leadership on the relationship between technological innovation and competitive advantage of large telecommunication enterprises (LTEs) in Kenya. Significant transformations have been evident in Kenya’s telecommunication industry for the last two decades, which has resulted in intense competition, and technological innovation has become the new face of competition among these firms. The target population comprised all 83 large telecommunication enterprises in Kenya and census was used. Both descriptive and inferential statistics were employed in data analysis. Strategic leadership was found to have a positive and significant influence on the relationship between technological innovation and competitive advantage. It is deduced from the findings that strategic leadership would affect the strength of the relationship between technological innovation and competitive advantage. This can be attributed to the importance of organizational leadership’s role as decision makers and key enablers of technological innovation among large telecommunication enterprises. The study presented notable implications on the policy framework, the strategic management practice, and theory implications in the telecommunication industry and beyond. At policy level, the Government of Kenya would benefit from the study by ensuring that policy makers and regulatory authorities in the telecommunication sector formulate policies that would promote technological innovation and strategic leadership for enhancing competitive advantage. Managerial practitioners may consider institutionalizing innovation and leadership by creating the requisite direction and controls that enable the emergence of innovation and value creation for sustainable competitive advantage. The study findings’ implications further extended, supported, and added value on the theories adopted by the study.

Organization of innovative activities in telecommunications enterprises

In the context of the global pandemic, the rapid penetration of information technology in all spheres of economic activity, increasing demand for online sales of services and goods, leads to the important role of telecommunications companies in the national economy. The main role of the telecommunications sector is reflected in the essence of the impact of the national economy on the process of transition to innovative development. This, in turn, requires the development of innovative activities of telecommunications enterprises that meet the requirements of the current stage of development, taking into account the impact of internal and external factors that threaten the innovative development of the country. In general, the innovation process consists of obtaining and commercializing inventions, new technologies, types of products and services, production, financial, administrative or other decisions and other results of intellectual activity.

INNOVATIVE DEVELOPMENT PARADIGM OF TELECOMMUNICATIONS ENTERPRISES IN THE AGE OF ECONOMY DIGITALIZATION

Formation of a competitive economy in the age of information technologies is based on the economy digitalization. Activation of Ukraine's European integration progress and the use of the world's leading technologies require economic development acceleration, which is based on the innovations application in all national economy sectors. The telecommunications industry has strategic importance for ensuring sustainable development, stable industrial and social spheres functioning in Ukraine. Progressive development of science, engineering and technologies, innovation and high knowledge intensity of modern production make special demands as for the ways of telecommunication enterprises development. With deepening of globalization and competition constant intensification, the foundation of telecommunication enterprises functioning are innovations which are enabling their innovative development. Formation of innovative development paradigm of telecommunication enterprises development involves: regulatory and legal support of innovative ideas; state support and stimulation of innovative activity (protection and support of domestic companies, financial support of industrial samples patenting, utility models, inventions abroad); giving priority to innovative factors in order to increase competitiveness and to ensure positive financial performance of enterprises; information interaction and coherence of innovation activity; creativity of approaches to ensure the conditions of the enterprise's innovative activity. Keywords: telecommunication enterprises, innovative activity, innovative development, risk, competitiveness, digital economy, scientific and technological progress, information and communication technologies, information society.

Вплив етичних компонентів на розвиток корпоративної культури телекомунікаційних підприємств

The article explains the essence and features of the development of corporate culture of telecommunication enterprises; certain elements of corporate culture are studied, including ethical; the problems of its formation, evaluation and development are generalized. The article is aimed at researching the influence of ethical components on the development of the corporate culture of telecommunication enterprises on the basis of determining the main ethical components of the culture of business entities. It is proved that the main ethical components of the corporate culture of the telecommunication enterprise are: corporate values, ethics code, principles of management, personnel policy, principles of work with personnel. Determination of the impact of these components on the development of corporate culture was carried out on the basis of rating. It is determined that the group of ethical components and, accordingly, the criterion of «ethical norms and principles of management» is one of the four criteria by which the level of the corporate culture of enterprise be evaluated. The carried out computation showed that the level of development of ethical norms in telecommunication enterprises is quite high: the ratio of the value of the level of development of corporate culture to the reference indicator ranges from 0.71-1. The carried out analysis of ethical components of large telecommunication enterprises with a developed corporate culture allowed to identify the tendency of close relationship between these two characteristics. The criteria that indicate the development of corporate culture are substantiated and the idea of the significance and necessity of further development of ethical components for the successful long-term functioning of enterprises in both the domestic and the world markets are formed.

НЕОІНСТИТУЦІОНАЛЬНІ ПРИНЦИПИ ФОРМУВАННЯ КОНЦЕПЦІЇ СТРАТЕГІЧНОГО УПРАВЛІННЯ ЕКОНОМІЧНОЮ СТІЙКІСТЮ ТЕЛЕКОМУНІКАЦІЙНОГО ПІДПРИЄМСТВА

The article discusses according to the classical approach, businesses have freedom of economic relations. There is free competition, the market's ability to self-regulate. It also follows from the classical approach that the economic stability of the enterprise depends only on itself, that it is self-regulating and does not need to develop measures to ensure it. The need for the introduction of strategic management of economic stability of the enterprise is eliminated, which necessitates research in the direction of forming neo-institutional principles of forming the concept of strategic management of economic stability of the enterprise, including telecommunications. Generalizations about the essence of the basic tenets of neo-institutional theory are as follows: the company has economic independence, the negative consequences of risk and uncertainty close to the loss of economic stability are possible if the transaction costs increase, there is a conflict between the company and its founder (owner). issues related to the formation and regulation of capital structure, the presence of certain defects in contractual relations. Issues related to economic sustainability management are not being studied. Formation and provision of economic stability of the telecommunication enterprise which carries out the economic activity in the conditions of risks and uncertainty is possible on the basis of realization of introduction of certain mechanisms. The concept of strategic management of economic stability of telecommunications enterprises is formed by the need to address three problematic aspects: low profitability of telecommunications enterprises with a small resource potential; lack of stable growth of telecommunications enterprises; gradual loss of investment attractiveness by telecommunications enterprises. These problematic aspects necessitate the application of a certain methodological approach to the development of the concept of strategic management of economic stability of the telecommunications enterprise on the basis of the provisions of positive economic science.

Methodical platform of formation and realization of investment strategy of telecommunication enterprises

The paper presents the results of analysis and generalization of important scientific and methodological provisions of investment management in the context of development of methodological principles of investment management of telecommunications enterprises, as well as substantiates areas for improving technology development and implementation of their investment strategy. It is established that ensuring the competitiveness and efficiency of domestic telecommunications enterprises requires the achievement of high dynamics of their promising economic development, which is based on the permanent implementation of investment activities. The significance of investment strategy as an important component of organization and management of investment processes is revealed. Emphasis is placed on the important characteristics of the investment strategy which are resistance to frequent changes, as well as the required level of flexibility and adaptability. The key segments of the investment strategy and its subordination to the goals and objectives of the overall economic strategy of the enterprise are identified. The functional purpose of the investment strategy is characterized by determining the range of its long-term objectives. It is argued that the development and implementation of investment strategy is based on a methodological platform that is adequate to the conditions of economic activity of a particular enterprise. According to the results of the research, the composition of system elements of the methodical platform of formation and realization of investment strategy is offered in the work, which allows to realize the main goals and tasks determined by its functional purpose.

ФІНАНСОВА ПАРАДИГМА ІННОВАЦІЙНОГО РОЗВИТКУ ТЕЛЕКОМУНІКАЦІЙНИХ ПІДПРИЄМСТВ В УМОВАХ ЦИФРОВОЇ ТРАНСФОРМАЦІЇ ЕКОНОМІКИ

The formation of a competitive national economy in the digital transformation of economic processes contributes to the formation and development of the digital economy. Intensification of Ukraine's European integration processes, as well as the use of modern information technologies in public life require reformatting the management system of enterprises, their financial support and accelerating economic development of industries based on the growing role of innovation. The article presents the role and importance of the digital economy in the formation of a competitive national economy and presents the features of the digitalization telecommunication industry. The economic content of innovations, innovative development of enterprises and their role in the activities of telecommunications enterprises in the conditions of deepening globalization and constant intensification of competition are revealed. The indicators of global indices of the digital economy development in Ukraine are analyzed. The importance of forming financial paradigms of innovative development telecommunication enterprises in the new reality of the national economy digital transformation is substantiated. A strategy for improving the financial support of telecommunications enterprises is proposed and important components of the financial paradigm implementation of their innovative development are identified.

Conceptual Fundamentals of Organizational and Economic Mechanism Formation of Economic Sustainability Management of a Telecommunication Enterprise

Modern telecommunications companies operate in conditions of risk and uncertainty due to both external and internal factors. Due to the influence of various factors, companies may find themselves in a state of crisis due to the lack of a management mechanism, the main purpose of which is to ensure economic stability and efficiency based on sustainable capacity building. This article aims to identify the factors that affect the economic stability of telecommunications enterprises in Ukraine and study their impact on the integrated indicator to form an organizational and economic mechanism for managing economic stability. The study was carried out using the following methods: analysis, synthesis, generalization, systematization, correlation, and regression analysis. The main tendencies of Ukrainian telecommunication networks development are defined in this research. The key structural element of this mechanism is proposed to determine the assessment of economic stability based on the use of a set of balanced indicators. Based on correlation and regression analysis, a significant dependence of the overall integrated indicator of economic stability on the subscriber component, moderate-on the component of internal business processes and staff training and development, and a weak inverse dependence on the financial component. Using multicollinearity proved expediency to check the tightness of the relationship between the analyzed variables in the regression model. (C) CIKD Publishing

The importance of marketing in ensuring the competitiveness of telecommunication enterprises

The methodology of telecommunication market analysis in the conditions of competition development and dynamic external environment is investigated. To assess the overall position of the telecommunications company in the market and identify opportunities for its further development and stable competitive positions in the market, the importance of marketing in ensuring the competitiveness of the telecommunications company is expressed in the ability to obtain reliable and reliable information and recommendations for the management of the telecommunications company for a strategic perspective.

Priority trend of innovative development of telecommunication enterprises in the era of digitalization of economy

The article presents modern priority trends of innovative development of telecommunication enterprises. Peculiarities of formation of digital economy and its influence on activity of telecommunication enterprises are revealed. The main factors influencing the innovative development of telecommunication enterprises in the era of digitalization of the economy are substantiated.

Direction of innovative development of telecommunication enterprise

The article is devoted to the analysis of directions of innovative development of telecommunication enterprises. The introduction of the direction of enterprise development based on the mass production of individualized orders of specific consumers of a particular service or product in accordance with consumer requirements is considered and substantiated. The importance of understanding intellectual capital in the process of innovation is substantiated. Attention is drawn to the need to develop and implement new forms of services and methods of customer service, including by expanding the types of Internet services, Internet commerce, express service, remote service, on-line mode.

Discussion on the Security Protection of Telecommunication Network

<p>This article first studies the telecommunication network security according to industry standards, then discusses the current situation of network security protection of domestic telecommunication enterprises. It also sorts out the technical means of telecommunication network security protection, and finally puts forwards the prospect and suggestions of telecommunication network security protection.</p><p> </p>

ОБҐРУНТУВАННЯ СТРАТЕГІЇ ІННОВАЦІЙНОГО РОЗВИТКУ ДЛЯ СУЧАСНИХ ТЕЛЕКОМУНІКАЦІЙНИХ ПІДПРИЄМСТВ УКРАЇНИ

The article is devoted to the analysis of approaches to defining the strategy of innovative development of telecommunication enterprises. The main attention is paid to the justification of the specific conditions of operation of telecommunication companies that provide or plan to provide publicly available telecommunication services. Noteworthy is the proposed approach to the development and evaluation of a strategy for the development of innovative trends in telecommunications enterprises providing public telecommunications services in the Ukrainian market. Indicators for the evaluation of the effectiveness of the strategy for the development of innovative direction, which includes the provision of public services at a telecommunications enterprise, are determined, and the sequence of evaluation of its effectiveness is proposed. The analysis of the effectiveness of the strategy of development of innovative direction, which includes the provision of public services in a telecommunications enterprise is carried out both from an economic point of view and social orientation of the enterprise.

СУЧАСНИЙ СТАН ТА ТЕНДЕНЦІЇ ОРГАНІЗАЦІЙНОГО РОЗВ

The article outlines the values and role of domestic telecommunication enterprises, discusses the current state and key trends of their organizational development, identifies inhibiting factors and threats to development, reveals opportunities for activation and substantiates prospective directions for further organizational development of telecommunication enterprises in terms of competitive saturation and high concentration. economic, organizational and technological obstacles.

ІННОВАЦІЙНИЙ ПОТЕНЦІАЛ СУЧАСНОГО ПІДПРИЄМСТВА

The article defines the essence of the innovative potential of the enterprise, the possibility of forming competitive advantages of the enterprise through the effective implementation of innovations. A comparative analysis of the main competitive advantages of telecommunication enterprises of PJSC “Kyivstar”, PrJSC “VF UKRAINE”, PJSC “Ukrtelecom” was carried out, the creation of which is the result of the effective use of the innovative potential of the enterprise. The financial and economic activities of enterprises are analyzed and the degree of success of using innovative potential is revealed.

Conceptual principles of improving change management of telecommunication enterprises in the conditions of digital transfer DOI: 10.31673/2415-8089.2020.043135

Theoretical bases of formation of conceptual bases on perfection of management of strategic changes of the telecommunication enterprises in the conditions of digital transformation are opened, essence and components of conceptual bases on perfection of management of strategic changes of the telecommunication enterprises in the conditions of digital transformation are clarified. principles for improving the management of strategic changes of telecommunications companies in the digital transformation that provide a synergy of principles, approaches, models, functional components, technologies and management levers, which ensures high efficiency of telecommunications companies.

Creative management of the enterprise

The article is devoted to the problems of introduction of creative management in the management practice of modern telecommunication enterprises. Methodical aspects of creative management are investigated. Internal and external subjects of creative management and factors that contribute to creative activity are identified. The characteristics of the creative product and the principles on which creative management is implemented at the enterprise are considered, it is emphasized that effective creative management is possible only if there is a creative leader or creative abilities of the leader, the main characteristics of the creative leader are outlined.

Determinants of financial architectonics of telecommunication enterprises

The article presents the essence and significance of financial architecture of enterprises. Microeconomic and macroeconomic factors of financial architecture formation of telecommunication enterprises are revealed. The main directions of construction of financial architecture of telecommunication enterprises are substantiated.

Development of creative potential of enterprise employees

The article considers the theoretical and methodological aspects of using a creative approach to management, reveals the need to use methods to enhance the creative potential of employees of telecommunications enterprises. The essence and basic mechanisms of creativity, creative worker and ways of its formation are considered, the characteristic of methods of activization of creative potential of employees of telecommunication enterprises is carried out, the offers concerning directions of improvement of methods of activization of creative potential of telecommunication enterprises are stated.