Target Management of the Integration Business Project and Activities of Partner Organizations

Abstract

Relevance. The desire of organizations to reduce transaction costs and realize synergistic effects from interaction as a result of the implementation of an integration business project determines the need to develop new approaches to the targeted management of their development, which proves the relevance of this study.The purpose of the study is to develop scientific and methodological provisions to justify the participation of organizations in an integration business project based on the practical transition of the regional economy to sustainable development in modern conditions of institutional transformation.Objectives: to form an algorithm for assessing the feasibility of the participation of economic entities in an integration business project; offer a potential integration business project; consider possible options for the strategic development of organizations through the practical implementation of the provisions of the synergistic business approach and targeted management.Methodology. The study is based on the methodology of system analysis of the problems of integration interaction of business entities, considered from the standpoint of determining the possibilities of obtaining a synergistic effect from the creation of their partner business associations. The methods of system analysis and synthesis, comparative and bibliometric analysis were also used, adequate to the pursued goal and the tasks of the study structuring it.Results. In the realities of a market economy, the synergistic effect of the created business partnerships is usually considered as a matter of course. The ongoing comprehensive study made it possible to combine the productive elements of the existing practice and author's developments and, on this basis, to determine the key directions for the effective development of regulatory and targeted regulation of the processes of forming and forcing integration business partnerships.Conclusions. Integration business projects, if we consider them from the point of view of "synergy", are practically a highly effective factor in the sustainable development of the regional economy due to total compliance with all modern social, economic, political and other realities - subject to targeted management of their implementation with adequate scientific, methodological and organizational and economic support.