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Improving the Strategic Management of Investment Activities of Industrial Enterprises as a Factor for Sustainable Development in a Crisis

Author

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  • Vladimir Zhuravlyov

    (Department of Higher School of Economics and Management, South Ural State University, 454080 Chelyabinsk, Russia)

  • Tatyana Khudyakova

    (Department of Higher School of Economics and Management, South Ural State University, 454080 Chelyabinsk, Russia)

  • Natalia Varkova

    (Department of Higher School of Economics and Management, South Ural State University, 454080 Chelyabinsk, Russia)

  • Sergei Aliukov

    (Department of Higher School of Economics and Management, South Ural State University, 454080 Chelyabinsk, Russia)

  • Svetlana Shmidt

    (Department of Mathematics and Computer Science, Saint Petersburg State University, 199034 Saint Petersburg, Russia)

Abstract

This article discusses the problem of improving the strategic management of sustainable development in industrial enterprises in Russia. The shortcomings of the strategic management of industrial enterprises are due to the fall in the growth rates of the world and domestic economy, international sanctions, and the specifics of the development of socio-economic relations in the Russian Federation. The main problem of the research is related to the imperfection of the strategic management of the investment policy of the enterprise, which leads to a slowdown in the development of the company and a decrease in competitiveness. The main goal of the presented research is to develop proposals for improving the strategic management model for the development and implementation of investment strategies of an industrial enterprise. Based on the analysis of theoretical sources, gaps in research related to the topic and objectives of this work are highlighted. The methodological base of the research is determined, the basis of which are: system theory, systematic approach to managing a company’s sustainable development, theory and practice of modeling, strategic management, investment design. The improved model is proposed, which determines the interdependence of the strategic management of investment policy and the sustainable economic development of the company, presents the algorithm for managing the process of developing investment strategies in an industrial enterprise. This mechanism takes into account the main indicators of sustainable development of an industrial enterprise. There are proposals to improve the management model of insurance reserves of the company, reflecting the strategic aspects of investment activities necessary for the successful implementation of the course on sustainable development in an industrial company. The obtained results were tested by a number of Russian enterprises, which led to positive results of their activities, contributed to more sustainable development and strengthening of competitive positions.

Suggested Citation

  • Vladimir Zhuravlyov & Tatyana Khudyakova & Natalia Varkova & Sergei Aliukov & Svetlana Shmidt, 2019. "Improving the Strategic Management of Investment Activities of Industrial Enterprises as a Factor for Sustainable Development in a Crisis," Sustainability, MDPI, vol. 11(23), pages 1-20, November.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:23:p:6667-:d:290791
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    References listed on IDEAS

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    1. Ming-Lang Tseng & Phan Anh Tan & Shiou-Yun Jeng & Chun-Wei Remen Lin & Yeneneh Tamirat Negash & Susilo Nur Aji Cokro Darsono, 2019. "Sustainable Investment: Interrelated among Corporate Governance, Economic Performance and Market Risks Using Investor Preference Approach," Sustainability, MDPI, vol. 11(7), pages 1-15, April.
    2. Nataliya Dalevska & Nataliya Dalevska & Valentyna Khobta & Valentyna Khobta & Aleksy Kwilinski & Aleksy Kwilinski & Sergey Kravchenko & Sergey Kravchenko, 2019. "A model for estimating social and economic indicators of sustainable development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1839-1860, June.
    3. Vladimir Zhuravlyov & Natalia Varkova & Sergei Aliukov & Tatyana Khudyakova, 2018. "Strategic Aspects of Ensuring Sustainable Development of Gold Enterprises of the Russian Federation," Sustainability, MDPI, vol. 10(12), pages 1-18, November.
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    7. Galina Shevchenko & Leonas Ustinovichius & Dariusz Walasek, 2019. "The Evaluation of the Contractor’s Risk in Implementing the Investment Projects in Construction by Using the Verbal Analysis Methods," Sustainability, MDPI, vol. 11(9), pages 1-18, May.
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    Cited by:

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    2. Guo, Yani & Yan, Jiale & Zhuang, Peifen, 2025. "How does data sharing affect the sustainable development of agribusiness? Evidence from public data openness," International Review of Economics & Finance, Elsevier, vol. 97(C).
    3. Anatoliy Alabugin & Sergei Aliukov & Tatyana Khudyakova, 2022. "Review of Models for and Socioeconomic Approaches to the Formation of Foresight Control Mechanisms: A Genesis," Sustainability, MDPI, vol. 14(19), pages 1-19, September.

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