IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i12p4410-d185495.html
   My bibliography  Save this article

Strategic Aspects of Ensuring Sustainable Development of Gold Enterprises of the Russian Federation

Author

Listed:
  • Vladimir Zhuravlyov

    (Department of Higher School of Economics and Management, South Ural State University, Chelyabinsk 454080, Russia)

  • Natalia Varkova

    (Department of Higher School of Economics and Management, South Ural State University, Chelyabinsk 454080, Russia)

  • Sergei Aliukov

    (Department of Higher School of Economics and Management, South Ural State University, Chelyabinsk 454080, Russia)

  • Tatyana Khudyakova

    (Department of Higher School of Economics and Management, South Ural State University, Chelyabinsk 454080, Russia)

Abstract

This article focuses on the sustainable, equilibrium development of Russian enterprises engaged in the extraction and processing of gold. The conditions for the effective activity of companies in the field of gold mining were considered. The main factors causing crisis situations and problems in the strategic management of gold mining enterprises of the Russian Federation were highlighted. The main objective of the study was to develop proposals for improving the model and mechanism of the strategic management of the gold mining company. The study analyzed a wide range of theoretical sources, identified gaps in scientific works in contact with the topic of this work. These gaps were associated primarily with the inadequate reflection in the existing models of industrial enterprise management of the specifics of the activities of gold companies and the lack of key components of the model, affecting sustainable business development. The methodological basis of the study was: Systems theory and systems approach, economic and mathematical models of firm management, investment design, theoretical studies in the field of business valuation. In connection with the growing risks, socio-economic instability, the fall in the growth rate of gold mining, the problems presented in the study are relevant. Maintaining competitiveness and improving performance indicators requires the improvement of the process of the strategic management of mining companies. This article discusses the fundamental components of an improved model of strategic management of gold mining enterprises proposed by the authors, presents a graphical model, suggests directions for describing an improved management mechanism for a gold mining company using mathematical modeling methods designed to link the most problematic components and gold mining business processes: investment, technology intelligence and gold mining, capital investment, timing of the project Comrade, the profitability of production. The dynamic simulation model of strategic management presented in this study and strategy assessment tools based on the concept of the organization’s life cycle take into account the specifics of the activities of gold companies in Russia; were introduced into the practice of the enterprises of Siberia, Sakha-Yakutia, which led to increased economic sustainability and improved financial performance of these companies.

Suggested Citation

  • Vladimir Zhuravlyov & Natalia Varkova & Sergei Aliukov & Tatyana Khudyakova, 2018. "Strategic Aspects of Ensuring Sustainable Development of Gold Enterprises of the Russian Federation," Sustainability, MDPI, vol. 10(12), pages 1-18, November.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:12:p:4410-:d:185495
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/12/4410/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/12/4410/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. ,, 2001. "Problems And Solutions," Econometric Theory, Cambridge University Press, vol. 17(6), pages 1157-1160, December.
    2. ,, 2001. "Problems And Solutions," Econometric Theory, Cambridge University Press, vol. 17(5), pages 1025-1031, October.
    3. Ouoba, Youmanli, 2017. "Economic sustainability of the gold mining industry in Burkina Faso," Resources Policy, Elsevier, vol. 51(C), pages 194-203.
    4. Mohammad Sadegh Sanie & Fatemehsadat Mousavifard & Abdolhossein Ayoubi, 2016. "The effect of automated information system on efficiency and innovation," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 12(2), pages 169-179.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shuai Cao & Dong Tian & Xiaoshuan Zhang & Yunxian Hou, 2019. "Sustainable Development of Food Processing Enterprises in China," Sustainability, MDPI, vol. 11(5), pages 1-20, March.
    2. Tatyana Khudyakova & Andrey Shmidt & Svetlana Shmidt, 2019. "Implementation of controlling technologies as a method to increase sustainability of the enterprise activities," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1185-1196, December.
    3. Vladimir Zhuravlyov & Tatyana Khudyakova & Natalia Varkova & Sergei Aliukov & Svetlana Shmidt, 2019. "Improving the Strategic Management of Investment Activities of Industrial Enterprises as a Factor for Sustainable Development in a Crisis," Sustainability, MDPI, vol. 11(23), pages 1-20, November.
    4. Sergei Aliukov & Jan Buleca, 2022. "Comparative Multidimensional Analysis of the Current State of European Economies Based on the Complex of Macroeconomic Indicators," Mathematics, MDPI, vol. 10(5), pages 1-29, March.
    5. Anatoliy Alabugin & Sergei Aliukov & Tatyana Khudyakova, 2022. "Review of Models for and Socioeconomic Approaches to the Formation of Foresight Control Mechanisms: A Genesis," Sustainability, MDPI, vol. 14(19), pages 1-19, September.
    6. Tatyana Khudyakova & Vladimir Zhuravlyov & Natalia Varkova & Sergei Aliukov & Svetlana Shmidt & Nicolay Zhuravlyov, 2020. "Improving Approaches to Strategic Enterprise Management in the Context of Sustainable Development," Sustainability, MDPI, vol. 12(20), pages 1-20, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. World Bank, 2002. "Costa Rica : Social Spending and the Poor, Volume 1. Summary of Issues and Recommendations with Executive Summary," World Bank Publications - Reports 15330, The World Bank Group.
    2. Hernández-Hernández, M.E. & Kolokoltsov, V.N. & Toniazzi, L., 2017. "Generalised fractional evolution equations of Caputo type," Chaos, Solitons & Fractals, Elsevier, vol. 102(C), pages 184-196.
    3. Simon Levin & Anastasios Xepapadeas, 2021. "On the Coevolution of Economic and Ecological Systems," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 355-377, October.
    4. Hoang Ngoc Tuan, 2015. "Boundedness of a Type of Iterative Sequences in Two-Dimensional Quadratic Programming," Journal of Optimization Theory and Applications, Springer, vol. 164(1), pages 234-245, January.
    5. Wang, Daojuan & Hain, Daniel S. & Larimo, Jorma & Dao, Li T., 2020. "Cultural differences and synergy realization in cross-border acquisitions," International Business Review, Elsevier, vol. 29(3).
    6. Zhou, H. & Uhlaner, L.M., 2009. "Knowledge Management in the SME and its Relationship to Strategy, Family Orientation and Organization Learning," ERIM Report Series Research in Management ERS-2009-026-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    7. Turpie, J.K. & Marais, C. & Blignaut, J.N., 2008. "The working for water programme: Evolution of a payments for ecosystem services mechanism that addresses both poverty and ecosystem service delivery in South Africa," Ecological Economics, Elsevier, vol. 65(4), pages 788-798, May.
    8. Koichi Hamada & Asahi Noguchi, 2005. "The Role of Preconceived Ideas in Macroeconomic Policy: Japan's Experiences in the Two Deflationary Periods," Working Papers 908, Economic Growth Center, Yale University.
    9. Jingyi Xue, 2018. "Fair division with uncertain needs," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 51(1), pages 105-136, June.
    10. Dipak R. Pant, 2013. "Managing the global waste in the 21st century: As an anthropologist views it," LIUC Papers in Economics 263, Cattaneo University (LIUC).
    11. van der Laan, Gerard & Talman, Dolf & Yang, Zaifu, 2011. "Solving discrete systems of nonlinear equations," European Journal of Operational Research, Elsevier, vol. 214(3), pages 493-500, November.
    12. Richard ANKER, 2006. "Poverty lines around the world: A new methodology and internationally comparable estimates," International Labour Review, International Labour Organization, vol. 145(4), pages 279-307, December.
    13. X. F. Li & J. Z. Zhang, 2006. "Necessary Optimality Conditions in Terms of Convexificators in Lipschitz Optimization," Journal of Optimization Theory and Applications, Springer, vol. 131(3), pages 429-452, December.
    14. Popli, Manish & Akbar, Mohammad & Kumar, Vikas & Gaur, Ajai, 2016. "Reconceptualizing cultural distance: The role of cultural experience reserve in cross-border acquisitions," Journal of World Business, Elsevier, vol. 51(3), pages 404-412.
    15. Quah Chee-Heong, 2019. "China’s Dollar-linked Hong Kong during the Global Crisis," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 38(67), pages 95-121, February.
    16. Lan, Heng-you, 2021. "Approximation-solvability of population biology systems based on p-Laplacian elliptic inequalities with demicontinuous strongly pseudo-contractive operators," Chaos, Solitons & Fractals, Elsevier, vol. 150(C).
    17. Teresa Estañ & Natividad Llorca & Ricardo Martínez & Joaquín Sánchez-Soriano, 2020. "On the difficulty of budget allocation in claims problems with indivisible items of different prices," ThE Papers 20/09, Department of Economic Theory and Economic History of the University of Granada..
    18. Slotnick, Susan A., 2011. "Order acceptance and scheduling: A taxonomy and review," European Journal of Operational Research, Elsevier, vol. 212(1), pages 1-11, July.
    19. Winfried Osthorst, 2020. "Tensions in Urban Transitions. Conceptualizing Conflicts in Local Climate Policy Arrangements," Sustainability, MDPI, vol. 13(1), pages 1-17, December.
    20. Teresa Estañ & Natividad Llorca & Ricardo Martínez & Joaquín Sánchez-Soriano, 2021. "On the Difficulty of Budget Allocation in Claims Problems with Indivisible Items and Prices," Group Decision and Negotiation, Springer, vol. 30(5), pages 1133-1159, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:12:p:4410-:d:185495. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.