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SOME ASPECTS OF THE STRATEGIC MANAGEMENT OF CORPORATE INNOVATIONS IN INDUSTRY

Journal: Journal Association 1901 SEPIKE (Vol.1, No. 10)

Publication Date:

Authors : ;

Page : 88-90

Keywords : business; corporate governance; innovation; development; strategy;

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Abstract

Features of market economy, variability of external and internal environment is determined for each company need, not only to make decisions but also fully accountable for their results. In the process of industrial activities it is advisable to take into account factors of effective development so that it is possible to adequately and timely respond to changes in the external or internal environment. To effectively reach industrial enterprise development, it is necessary to improve the corporate management of the company. The essence of corporate governance development is to reach the target level of development results at a particular time. The new paradigm is based on the corporate governance system and situational approach; the enterprise as "open system". The main prerequisites for its success are not only inside but also outside of it. The embodiment of the new approach was a strategic corporate management, which involves planning capacity additions enterprise planning its strategy based on the future state of the environment. The management paradigm is subjective, unique nature, defined by socioeconomic system. It changes are caused by the development of social production and methods of its administration. Nature management paradigm causes the substantial informal manifestations and ideological factors in its structure. Informal factors can have both a historical nature, i.e. be actually existing, but still not get the scientific, ideological or any other generalization and subjective nature as actually applied management concepts and methods, but not declared to avoid conflict with the formal identification of officially declared goals and concepts of public policy and the objectives of social production. The last case does not preclude the situation of informal institutions support of the actual management paradigm in official state structures and production management as reduce the degree of influence of problems in achieving formal and informal objectives of the state, enterprises and individual managers. Thus, the use of management tools adequate to modern conditions of social and economic system in which social production functions, ensure the development of corporate governance in industrial enterprises in order to achieve its effective development.

Last modified: 2018-02-07 23:18:35