Assessing the Level of Enterprise Reengineering in the Context of Global Digitalization

Abstract

A simulation of the level of re-engineering organization is presented on the example of a selected group of four enterprises. It is assumed that in the conditions of the experiment there is an occurrence of an event of effective re-engineering in the field of financial relations of enterprises forming a complete group of independent events - incompatible hypotheses of quantitative and qualitative measurement of the statistical likelihood of relevant indicators of experimental events in the organization of enterprise re-engineering. The probabilities of full group events were determined using an expert evaluation matrix by the principle of pairwise comparison of the importance of each event using a 5-point scale of intensity of significance of the items in the hypothesis group. The conditional probabilities of quantitative and qualitative measurement of the statistical probability of relevant indicators in the plane of action of the factors of influence on the organization of re-engineering of the enterprise are established. The formula of full probability presents the visualization of the dynamics of the level of organization of reengineering in financial relations of enterprises in the conditions of global digitization in four time intervals since 2012. by 2019. It has been proven that the reengineering process remains an effective tool for companies seeking to operate in a competitive world; companies are required to re-engineer their business processes to deliver breakthrough results and a long-term strategy for company development

Modeling the Impact of Foreign Investment Flows Taking into Account Time Lags in the Context of their Impact on the Regional Production

“…Scientific works and publications of these researchers were related to the consideration of the regional development in the context of attraction of foreign and private investments, consideration of regional economic policy and investments as one of the factors of its formation and study of regional development in the countries of Southeast Europe. Similar topics were discussed in the works of our researchers, in particular by Lidiia Shynkaruk (2017) [6], Valerii Heyets (2016) [7] and Tatiana Artiomova (2017) [8] and other [9]. Their studies were related to structural changes in the economy, regions and the brunch structure of economics in the context of the influence of investment flows.…”

Enterprise risk arising from legacy production systems: a probabilistic perspective

“…where λ n is the maximum eigenvalue of the expert matrix, n is the order of the expert matrix of pairwise comparisons of expert judgments, ζ n is the normative value of the consistency index for the generated random inversely symmetric matrices of the nth order. In our case (5): Let's determine the probabilities of full group events A i i , , = 1 7 using mathematical methods of processing the inversely symmetric matrix, which are experts in pairwise comparison on a 5-point scale of relative importance [25]. Thus, a matrix of expert pairwise comparisons is true with an error of 14.49 %.…”

“…Thus, regarding the assessment of strategic risks of LLC «HIPRO-Engineering», LLC «MO-NOLIT-Service», which arise during the modernization of software of legacy production systems, they were all assessed systematically and under the condition of stable uninterrupted operation of the company [25], which aids us in objective comparison of respective strategies of legacy software modernization projects at LLC «HIPRO-Engineering» and LLC «MONOLIT-Service» for better decision-making.…”

“…In [24] the application and architecture of legacy production systems in the conditions of digitalization are considered. It is emphasized that the wrong direction of the platform, component, or architecture can have catastrophic consequences, so the team must include experts who understand the architecture and have the opportunity to make informed design choices [25].…”