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Optimization of the Company Strategic Management System in the Context of Economic Instability

Author

Listed:
  • Tatiana Grigorievna Bondarenko
  • Ekaterina Anatolievna Isaeva
  • Sergey Aleksandrovich Orekhov
  • Anzor Uvaysovich Soltakhanov

Abstract

The article makes and confirms the following hypothesis: a difficult current macro-economic situation in Russia requires to change the work of enterprises management in terms of forming strategies related to developing the activity of legal entities they control as a whole, and forecasting results of the activity on various levels of the enterprise in particular within improving the efficiency of the organization activity under conditions of instable external environment. In order to confirm the made hypothesis, the article considers elements of the company management under conditions of instability within forming the level approach. It defines the methodological basis of selecting methods and approaches by commercial organizations to form their forecasts and strategic of developing under conditions of turbulence. It analyses the activity of the specific legal entity established in the form of the limited liability company (LLC). On its basis conclusions about the state of its strategic potential are made. The article offers measures on optimizing the system of strategic management of the analyzed enterprise, and estimates consequences of its implementation.

Suggested Citation

  • Tatiana Grigorievna Bondarenko & Ekaterina Anatolievna Isaeva & Sergey Aleksandrovich Orekhov & Anzor Uvaysovich Soltakhanov, 2017. "Optimization of the Company Strategic Management System in the Context of Economic Instability," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 3-24.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:2b:p:3-24
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    File URL: http://www.ersj.eu/repec/ers/papers/17_2_B_p1.pdf
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    References listed on IDEAS

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    Cited by:

    1. Vladimir Kolmakov & Aleksandra Polyakova & Svetlana Karpova & Alla Golovina, 2019. "Cluster Development Based on Competitive Specialization of Regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 270-284.
    2. Julia Luebeck & Dmitry Petrov, 2018. "Use of Investment Project Implementation Mechanism under Production Sharing Agreement for the Development of Oil and Gas," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 650-662.
    3. Azzam A. Abou-Moghli, 2018. "Significance of Strategic Management in the Development of International Businesses-A Visionary Approach," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 9(5), pages 71-75, September.
    4. V. Kolmakov & K. Ekimova & K. Ordov & A. Aliev & N. Tchuykova, 2018. "Monetary Policy Influence on Companies’ Competitiveness through Credit Channel," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 614-623.
    5. Ornella Tanga & Opeoluwa Akinradewo & Clinton Aigbavboa & Ayodeji Oke & Samuel Adekunle, 2022. "Data Management Risks: A Bane of Construction Project Performance," Sustainability, MDPI, vol. 14(19), pages 1-20, October.
    6. N. Usmanova & N. Orlova & T. Shindina & G. Vlasova & N. Knyazeva, 2018. "Intercompany Relations of Stakeholders of Investments and Projects," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 567-578.

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    More about this item

    Keywords

    development strategies; forecasting results of the activity; planning; activity efficiency; strategic potential; instable external environment; conditions of turbulence; level approach in strategic planning; elements of enterprise management; optimization of the strategic management system; SWOT analysis; VRIO analysis; Porter’s five forces matrix; cross-factorial analysis; objectives tree.;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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