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Features of Strategic Management of Industrial Enterprises

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.63, No. 1)

Publication Date:

Authors : ;

Page : 95-102

Keywords : strategic management; industrial enterprise; economic stability; competitive advantages; enterprise strategy; management goals; personnel costs;

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Abstract

The main aspects of strategic management of industrial enterprises development in modern economic conditions are considered in the article. It is noted that approaches to managing the development of industrial enterprises should be based on a qualitatively new basis, taking into account the uncertainty of the external environment. It is determined that in crisis conditions it is extremely important for the company to choose a strategy that would primarily provide social guarantees for staff, which is why it is advisable that the actions of each unit and employee firmly meet the needs of the company at this time; it is important to understand the impact of daily actions on compliance with plans and the overall solution of enterprise problems. Features of formation of strategic management at the industrial enterprise are investigated. It is determined that through a complex system combination of strategies of all strategic economic units of the enterprise is the formation of its strategic set. The need to take into account personnel costs in the implementation of strategic management, in particular in the process of forming a strategy for effective management of an industrial enterprise.

Last modified: 2021-07-07 22:55:25