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Strategic Sustainability Of Industrial Companies: Ð Pproaches To Understanding And Risk Analysis

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  • M. O. Kuznetsova

Abstract

The article analyzes approaches to the strategic sustainable development of industrial organizations. Based on the review of Russian and foreign literature, three approaches to the strategic sustainable development of industrial organizations were identified: process, system and time approaches.Based on the analysis of annual reports of Russian industrial organizations, it was possible to identify and systematize the risks that affect the strategic stability of Russian industrial organizations. Among the identified risks, the following risk groups are identified: country risks, legal risks, industry risks, foreign economic risks, market risks, production and technological risks, financial risks, reputational risks, environmental risks, information risks, social risks and strategic risks.As a result of correlation and regression analysis, the most significant risks affecting the achievement of strategic goals of Russian industrial organizations were identified. These include: country risks, industry risks, and strategic risks. The obtained regression model allows us to predict the degree of achievement of strategic goals of Russian industrial organizations under the influence of various risks.

Suggested Citation

  • M. O. Kuznetsova, 2020. "Strategic Sustainability Of Industrial Companies: Ð Pproaches To Understanding And Risk Analysis," Strategic decisions and risk management, Real Economy Publishing House, vol. 11(2).
    • Handle: RePEc:abw:journl:y:2020:id:896
    DOI: 10.17747/2618-947X-2020-2-196-205
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