ENTERPRISE DEVELOPMENT STRATEGY: ESSENCE AND CLASSIFICATION.

  • Pavlo Brin National Technical University «Kharkiv PolytechnicInstitute» https://orcid.org/0000-0001-7374-3727
  • Yuliia Holtvyanska National Technical University «Kharkiv PolytechnicInstitute»
Keywords: strategy, business, enterprise development, classification of strategies

Abstract

The article considers the concept of strategy as a fundamental component of business, its interpretation and role in the company; explores methodological approaches to the classification of enterprise development strategies by papers of many native and foreign authors.The enterprise strategy is considered as one of the main concepts in strategic management. Various scholars have proposed many definitions of the term "strategy". From these definitions it has been concluded that strategy is a component of strategic management that allows the company to achieve clearly defined objectives, to ensure competitiveness in the market, to ensure the state of the company so that it can operate successfully in difficult market conditions.Every organization must have clearly defined goals in order to ensure stable work in the future. This requires managers to understand the essence of strategy, use techniques and methods of strategic management, development of strategic plans. Hence, the strategy must change and adapt to changing conditions of both external and internal environments of the company. The authors have defined that the strategy is a plan of the company, which should include both long-term and short-term goals of the company, which is based on competitive advantage, and which includes a list of tasks that must be attained to achieve these goals. The enterprise development strategy is a set of methods and processes invested in achieving goals and objectives. The formation of enterprise development strategy plays an important role in adapting the business to the ever-changing external and internal market environment. Based on the results of the analysis, the authors propose to add to the generally accepted classification approaches the division of development strategies according to the stages of the life cycle of the strategic management area. The proposed classification is based on the stage of business development and involves the choice of a new approach to economic activity. Using of the proposed classification approach should simplify for the management of enterprises the choice among different ways of development and increase the overall efficiency of economic activity.

References

Македон В.В. Розробка стратегії розвитку промислового підприємства. Теоретичні і практичні аспекти економіки та інтелектуальної власності. 2013. Вип. 1(1). С. 369–373.

Клименко С.М. Формування стратегії розвитку підприємства з урахуванням ризиків. Бізнес Інформ. 2013. № 8. С. 343–347.

Погорелов Ю.С. Способи розвитку підприємства: умови та результативність використання. Економічний журнал Одеського політехнічного університету. 2017. № 1. С. 76–84.

Кобєлєв В.М., Захарченко Ю.В. Теоретичні та методологічні основи формування стратегії розвитку підприємства. Вісник економіки транспорту і промисловості. 2013. Вип. 42. С. 297–303.

Thompson A. et al. Crafting & executing strategy. The quest for competitive advantage: Concepts and cases. McGraw-Hill Education. 2013.

Брінь П.В., Прокоп М.В., Нехме М.Н. Динамічне оцінювання конкурентоспроможності підприємства. Науковий вісник Ужгородського національного університету. Серія «Міжнародні економічні відносини і світове господарство». 2019. Вип. Ч. 1. С. 62–68

Brin, P., Nehme, M. SustainableDevelopmentinEmergingEconomy: usingtheanalyticalhierarchyprocessforCorporateSocialResponsibilitydecisionmaking. JournalofInformationTechnologyManagement2021. №13 (SpecialIssue: Roleof ICT inAdvancingBusinessandManagement)). Р. 159–174. DOI: 10.22059/jitm.2021.80744.

Герчикова И.Н. Менеджмент. Москва : Банки и биржи, ЮНИТИ, 1995. 480 с.

Гудзь О.І. Стратегія розвитку підприємства: сутність та класифікація. Економічний журнал Мукачівського державного університету. 2018. № 18. С. 346–352.

Виханский О.С., Наумов А.И. Менеджмент : учебник. Москва : Гардарики, 2003. 528 с.

Брінь П.В., Прохоренко О.В. Багаторівнева класифікація відносин аутсорсингу. Економіка і фінанси. 2013. № 12. С. 78–85.

Брінь П.В. Застосування принципів реінжинірингу при розробці санаційної стратегії підприємств промисловості. Наукові праці ДонНТУ. Серія економічна. 2005. Вип. 89–2. С. 148–154.

Makedon V.V. (2013) Rozrobka stratehii rozvytku promyslovoho pidpryiemstva [Development of an industrial enterprise development strategy]. Teoretychni i praktychni aspekty ekonomiky ta intelektualnoi vlasnosti [Theoretical and practical aspects of economics and intellectual property], 1(1), 369–373.

Klymenko S.M. (2013) Formuvannia stratehii rozvytku pidpryiemstva z urakhuvanniam ryzykiv [Formation of risk development strategy of the enterprise]. Biznes Inform [Business Inform], 8, 343–347.

Pohorelov Y.S. (2017) Sposoby rozvytku pidpryiemstva: umovy ta rezultatyvnist vykorystannia [Ways of enterprise development: conditions and effectiveness of use]. Ekonomichnyi zhurnal Odeskoho politekhnichnoho universytetu [Economic Journal of Odessa Polytechnic University], 1, 76–84.

Kobieliev V.M., & Zakharchenko Yu.V. (2013) Teoretychni ta metodolohichni osnovy formuvannia stratehii rozvytku pidpryiemstva [Theoretical and methodological foundations of enterprise development strategy formation]. Visnyk ekonomiky transportu i promyslovosti [Bulletin of Transport Economics and Industry], 42, 297–303.

Thompson A. et al. (2013) Crafting & executing strategy. The quest for competitive advantage: Concepts and cases. McGraw-Hill Education.

Brin P. V., Prokop M. V., & Nehme M. N. (2019) Dynamichne otsiniuvannia konkurentospromozhnosti pidpryiemstva [Dynamic assessment of enterprise competitiveness]. Naukovyi visnyk Uzhhorodskoho natsonalnoho universytetu. Seriia Mizhnarodni ekonomichni vidnosyny i svitove hospodarstvo [Scientific Bulletin of Uzhhorod National University. International Economic Relations and the World Economy Series], 28 (1), 62–68.

Brin, P., & Nehme, M. (2021). Sustainable Development in Emerging Economy: using the analytical hierarchy process for Corporate Social Responsibility decision making. Journal of Information Technology Management, 13 (Special Issue: Role of ICT in Advancing Business and Management)), 159–174.

Herchykova Y. N. (1995) Menedzhment [Management]. Moskow: Banky y byrzhy, YuNYTY. 480 p. (in Russian)

Hudz O.I. (2018) Stratehiia rozvytku pidpryiemstva: sutnist ta klasyfikatsiia [Enterprise development strategy: essence and classification]. Ekonomichnyi zhurnal Mukachivskoho derzhavnoho universytetu [Economic Journal of Mukachevo State University], 18, 346–352.

Vykhanskyi O.S., Naumov A. Y. (2003) Menedzhment. [Management]. Moskow: Hardaryky. 528 p. (in Russian)

Brin P.V., & Prokhorenko O.V. (2013) Bahatorivneva klasyfikatsiia vidnosyn autsorsynhu [Multilevel classification of outsourcing relationships]. Ekonomika i finansy [Economics and finance], 12, 78–85.

Brin P.V. (2005) Zastosuvannia pryntsypiv reinzhynirynhu pry rozrobtsi sanatsiinoi stratehii pidpryiemstv promyslovosti [Application of reengineering principles in the development of remediation strategy of industrial enterprises]. Naukovi pratsi DonNTU [Scientific works of DonNTU], 89–2, 148–154.

Published
2021-12-30
How to Cite
Brin, P., & Holtvyanska, Y. (2021). ENTERPRISE DEVELOPMENT STRATEGY: ESSENCE AND CLASSIFICATION. Entrepreneurship and Innovation, (21), 31-34. https://doi.org/10.37320/2415-3583/21.5
Section
Economics and business management