Renovation of Agrarian Enterprise in Context of Synergetic Theory

Abstract

The article applies a synergistic approach to the characteristics of the agricultural enterprise’s renovation process. The agricultural sector is considered as an open economic system with a high level of entropy, and renovation is interpreted as counteracting the manifestations of entropy. The article focuses on the condition that the object of renovation is the capital of the enterprise as a system, whose structure contains real capital in the form of tangible and intangible assets, financial capital and human capital, as well as environmental and social subsystems. According to this, the author concluded that renovation must not only update the production capacity of an agricultural enterprise but also improve organizational, social and managerial relations in the process of using capital. The goal of the renovation is to change the internal state of the economic system of an agrarian enterprise to strengthen its self-organization. The calculation of the bankruptcy probability index of a particular agricultural enterprise was carried out for the period 2018–2021 to identify manifestations of entropy. Altman's methodology presented in the Z′-Score Private Firm Model was used. The results of the calculations showed the downward dynamics of the Zʹ-index and the deterioration of indicators of the efficiency of the enterprise’s main means using. This is assessed as confirmation of unfavourable internal fluctuations in the development of the technical subsystem of the enterprise. It was concluded that it is necessary to enhance the role of renovation to strengthen the financial security of the enterprise. In the article, the enterprise should change approaches to renovation, based on the principles of synergistic management as a recommendation. The tasks of synergistic management are given, including 1) the formation of synergistic effects from the interaction of individual subsystems of the enterprise (production, marketing, logistics, social and labour, investment, etc.); 2) the improvement of the organization, communication, forms and methods of management; 3) the application of a synergistic approach to strategic planning. The directions of implementation of synergistic renovation management for the selected enterprise are concretized. They are focused on the creation and use of synergistic effects to protect the environment, increase employment, and develop rural areas in the process of developing a renovation plan at the enterprise. The author's interpretation of the category "renovation of the agricultural enterprise" based on synergetic is proposed.