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Business Performance Management Models Based on the Digital Corporation’s Paradigm

Author

Listed:
  • Sergei Naumovich Bruskin
  • Aleksandra Nikolaevna Brezhneva
  • Ludmila Pavlovna Dyakonova
  • Olga Viktorovna Kitova
  • Victoria Mikhailovna Savinova
  • Tamara Petrovna Danko
  • Vladimir Dmitrievich Sekerin

Abstract

Digital development of the global economy has increasingly severe implications for business, society and State. The so-called digital transformation (DX) has already turned from a scientific paradigm to reality, adjusting the development strategies of entire states, changing the face of social infrastructure and reformatting business processes. The market participants now face serious challenges: how to build their own business model and how to find their place in the digital ecosystem of the nearest future, drawing on digital technologies. That is precisely why the research and approbation of approaches to building an information model of a digital corporation are not only topical, but also very timely. The article provides an overview of several important studies in the field of DX, along with a comparative analysis of classical and digital models of corporate governance; it also shows the potential for the development of the CPM concept (Corporate performance management) considering the DX requirements and the advantages of the evolutionary planning approach. The authors present the paradigm of building information and analytical systems for digital corporation management with the use of advanced business intelligence based on dynamic intellectual models. The article describes examples of real projects on the development of support systems for decision-making in terms of marketing and financial management, including business effects from the use of similar systems. The authors have summarized project experience in the field of building a digital system of corporate management based on the Academic Competence Center of IBM "Reasonable Commerce" (located in Plekhanov Russian University of Economics) and outlined the prospects for further research.

Suggested Citation

  • Sergei Naumovich Bruskin & Aleksandra Nikolaevna Brezhneva & Ludmila Pavlovna Dyakonova & Olga Viktorovna Kitova & Victoria Mikhailovna Savinova & Tamara Petrovna Danko & Vladimir Dmitrievich Sekerin, 2017. "Business Performance Management Models Based on the Digital Corporation’s Paradigm," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 264-274.
  • Handle: RePEc:ers:journl:v:xx:y:2017:i:3a:p:264-274
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    1. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:208-221 is not listed on IDEAS
    2. Katrina Benikovna Dobrova & Nadezhda Grigorevna Danilochkina & Natalia Vladimirovna Cherner & Victor Petrovich Dobrov & Peter Petrovich Dobrov & Ekaterina Nikolaevna Sepiashvili, 2018. "Innovational Management of Industrial Enterprises in the Energy Sector," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 447-458.
    3. K.A. Miloradov & T.S. Romanishina & A.A. Kovalenko & N.G. Bondarenko & J.V. Andrianova, 2018. "An Efficient Strategy for the Development of Tourism at Regional Level," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 208-221.
    4. Marco Cioppi & Ilaria Curina & Barbara Francioni & Elisabetta Savelli, 2023. "Digital transformation and marketing: a systematic and thematic literature review," Italian Journal of Marketing, Springer, vol. 2023(2), pages 207-288, June.
    5. Mihail Nikolaevich Dudin & Irina Juraevna Fedorova & Lyubov Alexandrovna Ploticina & Timur Maratovich Tokmurzin & Mariya Vladimirovna Belyaeva & Andrey Borisovich Ilyin, 2018. "International Practices to Improve Economic Security," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 459-467.
    6. Sascha Kraus & Paul Jones & Norbert Kailer & Alexandra Weinmann & Nuria Chaparro-Banegas & Norat Roig-Tierno, 2021. "Digital Transformation: An Overview of the Current State of the Art of Research," SAGE Open, , vol. 11(3), pages 21582440211, September.

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    More about this item

    Keywords

    digital transformation (DX); Digital performance management; advanced business analytics; digital ecosystem. JEL Classification: O10; M20; O30;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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