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The mechanism for managing the development of city-forming organizations

Author

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  • N. A. Kharitonova
  • K. B. Kunanbayeva

Abstract

The study goal is to develop methodological foundations for the formation of governance mechanism of the development of city-forming organizations, which should contribute to their sustainable functioning, as well as the social and economic development of dominated by a single employer or industry municipal entities.The article explores the main approaches to the definition of the mechanism for managing the development of an economic entity. It concluded that there is no formalized mechanism for managing the development of city-forming organizations. The definition of the phenomenon under study is done. It identifies complementary properties that the mechanism for managing the development of city-forming organizations should possess. The principles of its functioning are expanded.The stages of governance mechanism for managing were proposed. The main procedures that require periodic execution are identified. An approach to systematize development strategies is based on the author's original classification of city-forming organizations. The developed algorithm for the formation of a mechanism for managing the development of city-forming organizations is aimed at extending the practical possibilities of using management tools for improving the efficiency of specific economic entities and the municipal economy as a whole.

Suggested Citation

  • N. A. Kharitonova & K. B. Kunanbayeva, 2017. "The mechanism for managing the development of city-forming organizations," Strategic decisions and risk management, Real Economy Publishing House, issue 3.
  • Handle: RePEc:abw:journl:y:2017:id:684
    DOI: 10.17747/2078-8886-2017-3-54-63
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