Optimization of the Company Strategic Management System in the Context of Economic Instability

Татяна,; Ekaterina,; Sergey,; Anzor,

doi:10.35808/ersj/663

Cited by 7 publications

(2 citation statements)

References 5 publications

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“…As for the study by Bondarenko (2017), who investigated systems for optimizing enterprise strategies in crisis and pre-crisis times, this study also proposed to use antisipative management. At the same time, the author completely neglected the fact that sometimes there is a need to abandon the use of anti-crisis management, and a gradual transition to a more aggressive anti-crisis management.…”

Section: Discussionmentioning

confidence: 99%

Practical Aspects of the Use of Antisipative Management in the Process of Ensuring the Economic Security of an Enterprise

Shtangret

Topalova

Polovcev

et al. 2021

Business: Theory and Practice

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Operating in an unstable market economy environment, enterprises can achieve success in business, provided that a system of economic security is created, focused on predicting possible changes in the internal and external environment using measures. As the speed of changes in the external environment increases, it becomes more and more difficult to predict with a sufficient degree of accuracy the nature of changes, which would allow security actors to respond to them in a timely manner and with the most rational use of available resources. Early identification of a possible change in the level of economic security of an enterprise increases the reaction time to it. However, with the increase in the frequency of possible sudden changes, the degree of their predictability decreases. This means that until the moment of obtaining information sufficient for thoughtful measures, there is a shortage of time for their implementation, which can lead to the realisation of a certain threat in the form of losses or lead to the loss of a profitable economic opportunity. The main purpose of the article is to consider the essence of weak signals, to characterise the process of identifying weak signals, to formulate methodological foundations for the use of antisipative management, to determine the differences between antisipative management and adaptive and anti-crisis management in relation to the process of ensuring the economic security of an enterprise.

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Section: Discussionmentioning

confidence: 99%

Practical Aspects of the Use of Antisipative Management in the Process of Ensuring the Economic Security of an Enterprise

Shtangret

Topalova

Polovcev

et al. 2021

Business: Theory and Practice

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“…Así, de esta forma, pronosticar los resultados de la actividad en varios niveles de la empresa. En particular, mejorar la eficiencia de la actividad de la organización en condiciones de inestabilidad externa ambiente (Bondarenko et al, 2017), aumentando la ventaja competitiva, de dicha entidad, enfocada en una teoría dinámica de la estrategia (Porter, 2001).…”

Section: La Interdependencia De Los Estados La Gobernanza Y La Estrat...unclassified

Aproximación al diseño de una estrategia de gobernanza para el aprovechamiento sostenible del océano colombiano, a partir del análisis de la estrategia pentagonal de la Armada Nacional

Rotta¹

2023

JASCS

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Strategic orientation of companies: The several strategic issues in times of COVID-19 pandemic

Lesníková¹,

Schmidtová²,

Novotná³

2022

Economics &Amp; Sociology

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Has companies’ strategic orientation become more important in times of crisis due to the COVID-19 pandemic? Do companies feel the need to work strategically, and what impact can strategic management have on a company's profitability? The objective of the paper is to find out what features differ profitable companies from less profitable or loss-making companies in the current times from the view of strategic management. Features such as (1) the importance of vision; (2) orientation of strategic goals; (3) the activities of strategic plan creation were considered. The paper hides the answers to mentioned questions and the attitudes to the established research hypotheses. The research sample consists of 365 industrial companies. The Chi-square test, which measures the relationship between two categorical variables, is applied in the study. The results provide the knowledge that strategic research issues are a distinguishing element between profitable and less profitable or loss-making companies. It follows that strategic management is one of the necessary prerequisites for the company’s success, even in times of crisis.

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Optimization of the Company Strategic Management System in the Context of Economic Instability

Cited by 7 publications

References 5 publications

Practical Aspects of the Use of Antisipative Management in the Process of Ensuring the Economic Security of an Enterprise

Practical Aspects of the Use of Antisipative Management in the Process of Ensuring the Economic Security of an Enterprise

Aproximación al diseño de una estrategia de gobernanza para el aprovechamiento sostenible del océano colombiano, a partir del análisis de la estrategia pentagonal de la Armada Nacional

Strategic orientation of companies: The several strategic issues in times of COVID-19 pandemic

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