The Business System Of Severstal As A Key For Ironwork’S Problem Solving

The economical development of a country is determined in the first line by its industry growth and by increased production of compatible goods and services. The specificity of the current stage of the economic development of ferrous metal industry in Russia is the expediency to modernize the production and to switch it to more effective and rational output. At the same time, the raised dynamics and complexity of the environment substantially elevates the requests to the management of industrial enterprises. In case when the organizational and economic restructuring are lacking the enterprise fails to successfully realize the active modernization strategy. The article in question regards the actual principle problems facing now a metallurgical enterprise and demonstrates the approach of the industrial group “Severstal†(Tcherepovetsky metallurgical combinat), presenting the financial results of its activity. Described is the complex of measures taken on the industrial group “Severstal†(Tcherepovetsky metallurgical complex) to solve the problems, such as insufficient personnel qualification, irrational use of resources , complexity of the management structure. Principal obstacles, ways to solve them, results of the complex project are presented.