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articles

Authors: Streltsova E., Borodin A. I., Yakovenko I.     Published in № 4(76) 31 august 2018 year
Rubric: Performance management

Model instrumentation of strategic management of industrial enterprise

The article is devoted to solving the problem of improving the strategic management of industrial enterprises in conditions of uncertainty created by fluctuations in the external and internal environment conditioned by the current economic and political situation in the country, as well as market conditions. The purpose of the article is to develop tools that support decision making when choosing strategic guidelines for the development of enterprises using economic and mathematical methods. A study is made of the system of strategic management of an industrial enterprise with the property of development based on the application of the methodology of system analysis. The model of the process of strategic management is developed in the form of a logical structure containing a joint solving procedure for solving problems, starting with the study of the external environment and the development of the mission, and ending with the creation of an economic and mathematical toolkit and its use to evaluate decisions. Economic and mathematical tools have been built to support decision-making regarding the strategic guidelines for the development of an industrial enterprise in conditions of stochastic uncertainty. As a characteristic of the profitability of strategies chosen profitability. The toolkit is created in a class of simulation models and allows to reproduce the dynamics of a company’s profit and capital expenditures by the method of statistical tests, as well as to forecast on this basis the profitability of various options for strategic orientations of the enterprise’s functioning. The constructed economicmathematical models are algorithmized and implemented in a software product that allows the strategic manager to scientifically and quantitatively substantiate the decisions made in the dialogue with the computer. The article demonstrates the work of the software product in the course of simulation experiments and their processing in assessing the selected strategic benchmark in terms of profitability. The built model toolkit is intended for use in industrial enterprises to support strategic decisions.

Key words

strategic management, system analysis, stochastic uncertainty, profitability, imitation model.

The author:

Streltsova E.

Degree:

Dr of Economics, Associate Professor, South Russian State Technical University

Location:

Novocherkassk

The author:

Borodin A. I.

Degree:

Dr of Economics, Associate Professor, Department of Financial Management of Plekhanov

Location:

Moscow

The author:

Yakovenko I.

Degree:

PhD in Economics, Associate Professor, South-Russian state Polytechnic University (NPI) named after M. I. Platov

Location:

Novocherkassk