Structuring Economic Security of the Organization

Pylypenko, Kateryna; Бабій, Ірина; Volkova, Nelia; Feofanov, L.; Кащена, Наталія Борисівна

doi:10.9770/jssi.2019.9.1(3)

Cited by 4 publications

(1 citation statement)

References 16 publications

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“…At present, the concept does not have a single definition. This type of security is part of economic security of an enterprise which can be described as "a process of providing stable performance, financial equilibrium and regular earnings as well as ability to implement goals and tasks, to develop and progress at various stages of the lifecycle of an enterprise and in conditions of competitive market changes" (Pylypenko et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

Information Support of Economic Security of Mining Enterprises’ Competitive Status and its Assessment Taking into Account the Level of Digital Maturity

Mishchuk

Zinchenko

et al. 2021

EEA

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The article substantiates that the internal security level influences greatly the level of external security of the competitive status. Internal security is determined to become apparent through the productivity value of current costs, product quality, the degree of production capacities use and technical characteristics of equipment. External security of the competitive status should be assessed on the basis of determining the deficiency of the earnings before tax value which is short-received by an enterprise because of discrepancy between its market share and the share of a leading one. The developed indices underlie assessment of economic security of the competitive status of Ukraine’s mining enterprises. The methods suggested in the article are used for calculating the level of reserves of internal security of the competitive status for iron ore open pits of mining and concentrating works and demonstrate availability of considerable reserves at all open pits of Ukraine’s mining and concentrating works. At the same time, iron content in products of Ukrainian mining enterprises is known to be lower than that at foreign companies and the content of impurities does not meet international market requirements. Due to that, all Ukrainian enterprises are characterized by non-compliance of key indicators that describe their competitive status with threshold values. This testifies to inefficiency of economic security provision and management. To ensure the economic security of enterprises in the future, it is currently proposed to assess the level of digital maturity of the enterprise and, based on the data obtained, develop appropriate measures. These measures should include digitalization of all areas of the enterprise. It is proposed to introduce activities to digitize the value chain, equipment and mineral resources. Important indicators that provide information about the level of economic security in the future are the current level of use of big data and the level of digitalization of product promotion.

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Section: Introductionmentioning

confidence: 99%

Information Support of Economic Security of Mining Enterprises’ Competitive Status and its Assessment Taking into Account the Level of Digital Maturity

Mishchuk

Zinchenko

et al. 2021

EEA

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Assessment of the System of Economic Security of Mining Enterprises

Тарасова

Barsova

2023

Lecture Notes in Networks and Systems

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Anti-Crisis Management Strategies in the Conditions of Economic and Social Turbulence

KOROLIUK,

DOLHA,

KHYTROVA

et al. 2024

AD ALTA: Journal of Interdisciplinary Research

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The relevance of the research on anti-crisis management is determined by the rapid changes in the global economic and social context. In this context, the development and implementation of effective anti-crisis strategies are extremely relevant for organizations of various levels and activities. The purpose of the present research is to provide an in-depth analysis of various anti-crisis management strategies used by modern organizations to effectively respond to a wide range of crisis situations. Particular emphasis is placed on the analysis of the impact of technological innovations, leadership styles and organizational culture on anti-crisis management processes. A structural-functional analysis and a systemic analysis formed the methodological basis of the research. These methods made it possible to comprehensively assess the interrelationship between internal organizational processes and the external environment, as well as the impact of individual elements of the organizational structure on the company’s ability to respond effectively to crisis challenges. The obtained results indicate the importance of implementing modern technological solutions to increase efficiency and flexibility in crisis management. The analysis showed that effective leadership, able to quickly adapt to changing conditions and motivate the team to innovate, is crucial in creating a sustainable and flexible organizational structure. Special attention is paid to the role of organizational culture, which should promote openness, collaboration and readiness for change. It has been revealed that the need for adaptation and a flexible approach to management becomes of particular importance in the context of uncertainty caused by factors such as global financial crises, political conflicts and pandemics. These findings are of significant practical importance since they provide organizational leaders with the tools and insights to develop and implement effective crisis management strategies.

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Structuring Economic Security of the Organization

Cited by 4 publications

References 16 publications

Information Support of Economic Security of Mining Enterprises’ Competitive Status and its Assessment Taking into Account the Level of Digital Maturity

Information Support of Economic Security of Mining Enterprises’ Competitive Status and its Assessment Taking into Account the Level of Digital Maturity

Assessment of the System of Economic Security of Mining Enterprises

Anti-Crisis Management Strategies in the Conditions of Economic and Social Turbulence

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