Synergetic effect of the unification of a balanced system of indicators and budgeting in a single instrument of enterprise strategy management
Journal: Management of the economy: theory and practice (Vol.9, No. 9)Publication Date: 2017-12-01
Authors : Zhukov S.;
Page : 84-92
Keywords : strategy; balanced system of indicators; industrial enterprise; strategic budget; strategic budgeting; key performance indicators; synergetic effect; financial condition of the enterprise.;
Abstract
The article substantiates the necessity of using strategic budgeting as a key factor of effective management of industrial enterprise management. The integration of indicators of a balanced system and the process of budgeting in the enterprise is implemented, which makes it possible not only to operation manage the strategy at all levels of its implementation, but also prevents possible deviations from the planned strategic goals, thus helping the leadership in a timely manner react to changes, but also make the right decisions.
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