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The Approach to Controlling the Implementation of the Mechanism of Economic Stability of the Telecommunications Company

Journal: Scientific Bulletin of Mukachevo State University. Series “Economics” (Vol.4, No. 1)

Publication Date:

Authors : ;

Page : 96-101

Keywords : economic sustainability; controlling; business engineering; business metric; the pyramid of economic value added; process-oriented enterprise;

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Abstract

Relevance of the research lies in the fact that among the experts there is no consensus on the methodology of development of the concept of assessment and the economic stability of the enterprises in the conditions of entrepreneurial risk. Generally, studies are reduced to the consideration of the individual causal components of sustainability and not based on a complex (system) business model of interaction between internal and external enterprise business environment. The aim of the article is to present the author's approach to the implementation of the economic stability of the controlling mechanism of the telecommunication companies (ІT- enterprises), business engineering is done on the basis of the organizational concept of "structure follows strategy" and the methodology of process-based management. Methods of the system structural analysis and synthesis of the theory of organizational systems have been used as the methodological basis of the research. Result of the research is the models developed by the author: system business - management metrics of IT - companies, the pyramid of economic value added (EVA) IT - companies, chains of technological business processes of create a business of the value of IT - companies. The scientific novelty of the obtained results consists in the new methodical approach to the creation of a mechanism to ensure and controlling economic stability of process - oriented IT - enterprise based on the concept of "business - the sustainability of the enterprise." The essence of it is in a complex dynamic assessment of changes in the characteristics of time business system - enterprise metrics influenced by changes in the external business - environment. The prospect of further investigations connected with the solution of a comprehensive assessment of the impact of the business - the stability of each type of operating process - oriented IT - enterprise on its general the EVA - resistance. The practical significance of the research results in the form of the proposed models of the system of enterprise management business metrics, process chain business process of creating business value of the enterprise and the pyramid of economic value added EVA are universal and can be used by enterprises of different economic activities. Key findings boil down to the assertion that in the framework of economic theory the most promising way of development of a methodology for assessing and ensuring the economic stability of the enterprises in terms of business risk is an innovative mechanism for the implementation of engineering management concept of "organizational structure follows strategy".

Last modified: 2021-08-19 17:22:27