Development of a methodological approach and recommendations for the formation of an economic strategy for the implementation of corporate integration processes
Journal: Management of the economy: theory and practice (Vol.15, No. 15)Publication Date: 2023-12-21
Authors : Chen M.;
Page : 160-169
Keywords : economic strategy; corporate integration processes; corporate integration; corporate management; strategic management; joint stock companies;
Abstract
The article is devoted to the development of a methodical approach and the provision of professional recommendations for the formation of an economic strategy for the implementation of corporate integration processes in the modern business environment. The work highlights key aspects of corporate integrations, such as strategic planning, change management, financial analysis, risk management, and communications. The research is based on the analysis of scientific works in the field of strategic management and corporate integrations, as well as on the practical experience of implementing corporate integrations in various companies. The author proposes the use of a systematic approach to the development and implementation of the economic strategy of corporate integrations, which will contribute to increasing the efficiency of these processes and achieving the strategic goals of the enterprise. Specific recommendations and tools are offered for successfully implementing strategic changes and achieving competitive advantage through corporate integrations. The article can be useful for business leaders, strategic process management managers, strategic management consultants, and anyone interested in corporate integration and economic strategy.
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