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Strategic Management System of the Territory as a Factor of Increasing Its Competitiveness Level in Financial Organizations

Author

Listed:
  • Andrey A. Vorobyev
  • Irina S. Glebova
  • Liliya V. Khafizova

Abstract

This paper proposes a methodology for assessing the development level of the strategic management system and the competitiveness level in financial organizations. This methodology served the basis for an analysis of regions and federal cities the Russian Federation. A correlation analysis is also carried out to define the dependence of the constituent entity's competitiveness on the development of the strategic management system that resulted in the proposition of comprehensive solutions.

Suggested Citation

  • Andrey A. Vorobyev & Irina S. Glebova & Liliya V. Khafizova, 2020. "Strategic Management System of the Territory as a Factor of Increasing Its Competitiveness Level in Financial Organizations," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(6), pages 219-225, December.
    • Handle: RePEc:jfr:ijfr11:v:11:y:2020:i:6:p:219-225
    DOI: 10.5430/ijfr.v11n6p219
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    References listed on IDEAS

    as
    1. Ibrahim Krasniqi, 2019. "Strategic Management for Regional Economic Development and Business Sustainability: Countries in Transition," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 47-67.
    2. Ibrahim Krasniqi & Bedri Statovci, 2019. "The Role of Leadership and Strategic Decision on Regional Development in Developing Countries," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 228-242.
    3. Marta Degl'Innocenti & Roman Matousek & Nickolaos G Tzeremes, 2018. "Financial centres' competitiveness and economic convergence: Evidence from the European Union regions," Environment and Planning A, , vol. 50(1), pages 133-156, February.
    4. Ilshat Tazhitdinov, 2013. "The applying stakeholder approach to strategic management of territories development," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 17-27.
    5. M.P. Loginov & E.E. Noeva & G.A. Volkovitckaia & A.A. Murinovich & A.I. Serebrennikova, 2018. "Competitiveness-based Typology of the Russian Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 787-796.
    6. Roberta Capello & Silvia Cerisola, 2019. "Competitiveness through integration in the European Union Strategy for the Alpine Region: a ‘balanced development’ approach," European Planning Studies, Taylor & Francis Journals, vol. 27(5), pages 1013-1034, May.
    7. Yelena Petrova, 2014. "Methodological Issues And Formation Principles Of Effectiveness Assessment System Of The Territory Management Taking Into Account Strategic Development Points," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 261-271.
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