Shaping of Regional Development Strategy in the Context of Transformation Paradigm: Principles of Strategic Management

The article is devoted to substantiation of conceptual approach to shaping of regional development strategy in the context of transformation paradigm. The principles of strategic management of socioeconomic systems are discussed. Their interrelation and interdependence are analyzed. The conceptual approach is grounded to development strategy shaping for socioeconomic system of the regional level in the context of evolutionary economic theory. The principles of regional development strategic management are revealed on which shaping of stable system of the region is based. On the basis of the analysis of approach versatility to the regional development strategic management, the fundamentals of the regional development strategic management are determined in the context of transformation of the regional level socioeconomic systems. The determined fundamentals make it possible to most fully use the available potential of the regions to reach a new qualitative state which may generate answers to the present-day challenges of the global and national level.