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From Future To Present: Forecast Modeling Methodology Applicationin Value-Based Management

Author

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  • V. V. Brinza
  • Yu. Yu. Kostyukhin
  • M. A. Suslova
  • O. N. Perk

Abstract

The method of management aimed at the elevation of the company value (value-based management – VBM) gaines the growing popularity among Russian managers. At the same time, one of the key requirements of the reasonable management is the ability to evaluate the company position not only currently, but in the future as well. The article presents result of short- and middle- termed forecast analysis of an industrial enterprise on the base of multifactor model developed by a qualitative modeling method based on oriented weighted graphs with an impulse component. The presented results make it possible for decision makers to predict future index trends which will determine the company value in the frame of inertia forecast and generate information concerning the consequences for the indexes if alternative versions of the organizational and technical structure development will be realized or different scenarios of environment transformation will occur. It becomes possible to determine entity’s activity factors, which will influence the future value indexes, both financial and non-financial in the maximal degree. The active application of the forecast results when using VBM is the logical development of its instruments.

Suggested Citation

  • V. V. Brinza & Yu. Yu. Kostyukhin & M. A. Suslova & O. N. Perk, 2015. "From Future To Present: Forecast Modeling Methodology Applicationin Value-Based Management," Russian Journal of Industrial Economics, MISIS, issue 2.
    • Handle: RePEc:ach:journl:y:2015:id:242
    DOI: 10.17073/2072-1633-2014-2-63-73
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    References listed on IDEAS

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    1. Keeney,Ralph L. & Raiffa,Howard, 1993. "Decisions with Multiple Objectives," Cambridge Books, Cambridge University Press, number 9780521438834, July.
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