Methodical aspects of stability development assessment of enterprises
/ 0
- Details
- Category: Contens №5 2020
- Last Updated on 31 October 2020
- Published on 30 October 2020
- Hits: 3257
Authors:
H. Tarasiuk, orcid.org/0000-0001-5112-102X, Zhytomyr Polytechnic State University, Zhytomyr, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
O. Pashchenko, orcid.org/0000-0002-5003-8977, Zhytomyr Polytechnic State University, Zhytomyr, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
O. Milinchuk, orcid.org/0000-0003-2561-0799, Zhytomyr Polytechnic State University, Zhytomyr, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
A. Chahaida, orcid.org/0000-0003-1826-9545, Zhytomyr Polytechnic State University, Zhytomyr, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
O. Sienko, orcid.org/0000-0003-2076-8503, National University “Odessa Maritime Academy”, Odesa, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2020, (5): 157-162
https://doi.org/10.33271/nvngu/2020-5/157
Abstract:
Purpose. To clarify the definitions of concepts of “stability and stability of the enterprise”. To identify the main factors that influence the sustainability of the enterprise. To form a system of indicators to assess the stability of enterprise development and to improve the methodology for this assessment on the basis of a balanced system of indicators.
Methodology. The study is based on the methods of analysis and synthesis, methods of comparison, absolute and relative values, abstraction, analogy, design and construction. To estimate the stability of development of the enterprises, at forecasting of possible algorithms of their development, methods of grouping, correlation-regression analysis, and variance are used.
Findings. The definition of the concepts of “stability and sustainability of the enterprise” is specified in the article. According to the authors, it is possible to identify these concepts, since the company cannot function separately from the environment. In addition, the stability and sustainability of the development of the enterprise imply a certain equilibrium of its state, or the ability to return to it, economic growth, i.e. the ability to accelerate the production and sales, to increase the efficiency of the usage of available resources, and so on. The main factors that influence the sustainability of the enterprise are identified, in particular: the changes in the system parameters, i.e. certain changes related to the components of the enterprise potential; the influence of environmental factors; the breach of communication within the enterprise itself, change in its structure. The strategic management of an enterprise based on sustainability of its development should take into account changes occurring in the business environment, evaluate the dynamics and make assumptions about the future state of the enterprise, possible pessimistic and optimistic scenarios of its development. The authors propose to evaluate the development of the enterprise on the basis of potential assessment, since the potential of the enterprise is the basis of its long-term development. The system of indicators of development stability estimation on the basis of the balanced system of indicators in the context of constituents of potential of enterprise is formed. The proposals for improvement of the methodology for assessing the stability of the development of the enterprise have been developed, and the methodology for assessing the stability of the development of the enterprise as a whole has been proposed.
Originality. The method for determining the integral indices of stability of enterprise development, which, unlike the existing ones, is based on the evaluation of development indicators in terms of potential components, is improved; the method of calculation of the integral index of stability of enterprise development as a whole is proposed.
Practical value. The methodological principles of the assessment of the stability of an industrial enterprise’s development and the results of the research can be used for further scientific developments in this area, as well as in the practical activity of industrial enterprises for the evaluation of the intensity of their development. The assessment of the stability of the enterprise development on the basis of the established system of indicators provides an increase in the level of validity of management decisions to ensure the development of the enterprise by taking into account all aspects of the enterprise activity and developing a strategy for its development.
References.
1. Nakonechna, O. S. (2015). Methodical approaches to assessing the economic stability of industrial enterprises. Investytsii: praktyka ta dosvid, 6, 47-53.
2. Kononova, I. V. (2016). Directions for ensuring the functioning of the construction company. Skhidna Yevropa: ekonomika, biznes ta upravlinnia, 1(01), 60-64.
3. Nitsenko, V. S., & Havrysh, V. I. (2016). Enhancing the stability of a vertically integrated agro-industrial companies in the conditions of uncertainty. Actual problems of economics, 10(184), 167-172.
4. Bilan, Y., Zos-Kior, M., Nitsenko, V., Sinelnikau, U., & Ilin, V. (2017). Social component in sustainable management of land resources. Journal of Security and Sustainability, 7(2), 107-120. https://doi.org/10.9770/jssi.2017.7.2(9).
5. Latysheva, O., Rovenska, V., Smyrnova, I., Nitsenko, V., Balezentis, T., & Streimikiene, D. (2020). Management of the sustainable development of machine-building enterprises: a sustainable development space approach. Journal of Enterprise Information Management. https://doi.org/10.1108/JEIM-12-2019-0419.
6. Baharun, R., Jing Mi, T., Streimikiene, D., Mardani, A., Shakeel, J., & Nitsenko, V. (2019). Innovation in healthcare performance among private brand’s healthcare services in small and medium-sized enterprises (SMEs). Acta Polytechnica Hungarica, 16(5), 151-172. https://doi.org/10.12700/APH.16.5.2019.5.9.
7. Gusieva, O. Yu. (2019). Theoretical and practical approaches to substantiation of tools of strategic management of sustainable development of telecommunication enterprise. Ekonomika. Menedzhment. Biznes, 2, 126-135.
8. Barybina, Ya. O. (2017). Management of sustainable development in conditions of uncertainty. Naukovyi Visnyk Poltavskoho Universytetu Ekonomiky i torhivli, 3(81), 74-79.
9. Bilan, Y., Nitsenko, V., Ushkarenko, I., Chmut, A., & Sharapa, O. (2017). Outsourcing in international economic relations. Montenegrin Journal of Economics, 13(3), 175-185. https://doi.org/10.14254/1800-5845/2017.13-3.14.
10. Svyrydenko, D., & Stovpets, O. (2020). Cultural and Economic Strategies of Modern China: In Search of the Cooperation Models across the Global World. Future Human Image, 13, 102-112. https://doi.org/10.29202/fhi/13/11.
11. Nitsenko, V., Nyenno, I., Kryukova, I., Kalyna, T., & Plotnikova, M. (2017). Business model for a sea commercial port as a way to reach sustainable development goals. Journal of Security and Sustainability Issues, 7(1), 155-166. https://doi.org/10.9770/jssi.2017.7.1(13).
12. Filipishyn, I. V. (2015). Industrial development management: approaches and methodology. Teoretychni i praktychni aspekty ekonomiky ta intelektualnoii vlasnosti, 2(12), T. 3, 39-44.
13. Filipchuk, V. (2019). Information and Digital Toolset in a Fight against Liberal Democracy and Values of Open Society. Ukrainian Policymaker, 5, 34-43. https://doi.org/10.29202/up/5/4.
14. Wysmułek, J., Hełdak, M., & Kucher, A. (2020). The Analysis of Green Areas’ Accessibility in Comparison with Statistical Data in Poland. International Journal of Environmental Research and Public Health, 17, 4492. https://doi.org/10.3390/ijerph17124492.
15. Piletsky, E. (2019). Consciousness and Unconsciousness of Artificial Intelligence. Future Human Image, 11, 66-71. https://doi.org/10.29202/fhi/11/7.
16. Tarasiuk, H. M., Kovalchuk, V. H., & Sotnyk, A. A. (2020). Complex forecasting in the system of strategic diagnostics of enterprise`s potential. Financial and credit activity: problems of theory and practice, 2(33), 358-366. https://doi.org/10.18371/fcaptp.v2i33.207089/.
17. Kucher, A., Anisimova, O., & Heldak, M. (2019). Efficiency of land reclamation projects: New approach to assessment for sustainable soil management. Journal of Environmental Management and Tourism, 10(7), 1568-1582. https://doi.org/10.14505//jemt.10.7(39).14.
18. Shvydanenko, G. O. (2015). Enterprise development: strategic intentions, risks and effectiveness: monograph. Kyiv: KNEU.
19. Melnyk, T. (2018). Ukraine and Its Future in a Globalised International Community. Ukrainian Policymaker, 3, 17-28. https://doi.org/10.29202/up/3/3.
20. Nitsenko, V., Mardani, A., Kuksa, I., & Sudarkina, L. (2018). Additional opportunities of systematization the marketing research for resource conservation practice. Management Theory and Studies for Rural Business and Infrastructure Development, 40(3), 361-368. https://doi.org/10.15544/mts.2018.34.
Newer news items:
- Identification and assessment the factors of influence on the formation of the machine-building enterprise sustainable development mechanism - 30/10/2020 05:23
- Management culture: the role of university startups - 30/10/2020 05:21
- Paradigm of state regulation and structural transformation of the national economy from the standpoint of homeostasis - 30/10/2020 05:20
- Theoretical and methodological foundations for the evaluation of management efficiency of joint investment institutions - 30/10/2020 05:19
- Peculiarities of formation of the country’s innovative environment based on complex analysis of resources of innovation - 30/10/2020 05:17
- Cost evaluation models of R&D products of industrial enterprises - 30/10/2020 05:15
Older news items:
- Assessment of digitalization of public management and administration at the level of territorial communities - 30/10/2020 05:10
- Strategic risk management in the development of university education in Ukraine - 30/10/2020 05:07
- Rational organization of the work of an electric vehicle maintenance station - 30/10/2020 05:06
- Models of technical systems management for the forest fire prevention - 30/10/2020 05:04
- Certain topical issues of criminalization of illegal amber mining - 30/10/2020 05:02
- Efficiency of environmental taxation in European countries: comparative analysis - 30/10/2020 05:01
- Research on technology of complex processing of phosphogypsum - 30/10/2020 04:59
- Control of the start of high-powered electric drives with the optimization in terms of energy efficiency - 30/10/2020 04:55
- Methods for determining the efficiency of the grinding process - 30/10/2020 04:53
- Enhancing efficiency of air distribution by swirled-compact air jets in the mine using the heat utilizators - 30/10/2020 04:51
Archive