Purpose – This paper aims to investigate the competitiveness of Russian regional medium-sized oil complexes with relatively small fossil oil reserves. Taking into account the urgency for competitiveness, the authors have developed a specific assessment methodology and competitive development strategy that could be implemented within the framework of a scenario approach. Design/methodology/approach – The suggested methodology for assessing the competitiveness of regional production complexes is based on the pattern method. Validation is provided for a modular structure and an approach to constructing indices of competitiveness of production complexes. A system of competitiveness indicators has been devised in relation to regional oil complexes. Findings – The case study of the oil complex of the Republic of Udmurtia has yielded competitiveness assessment forecast for a variety of development scenarios up until 2025. A methodology of competitiveness assessment is proposed as a result of the analysis of the two cases. Research limitations/implications – This analysis is based on the oil complex in Udmurtia, Russia. The main limitation of the research scope is the extent and nature of the industrial complex. The proposed design can be used for large industrial complexes operating in the field of industrial production. It needs to be extended to more clusters, more industries and other countries’ settings for the sake of comparison and generalization. Practical implications – The practical effects of the study suggest a set of strategic development tools of assessment of the dynamics of industrial complexes’ development, identification of competitive advantage and “bottlenecks” and definition of the objectives and programs of their long-term development and justification of policies and programs of perspective development. Originality/value – This paper reveals specific features of oil complexes’ competitiveness, which has seldom been investigated both theoretically and empirically.
Purpose The purpose of this study is to develop a model for the selection of optimal development projects for an industrial complex (IC), aimed at improving its competitiveness. Design/methodology/approach Selection of optimal projects for IC development is carried out within the framework of a methodical approach to assessing and forecasting the competitiveness of IC based on the phased implementation of the following steps: assessment of the current level of competitiveness of an IC; optimization of the project portfolio aimed at improving the IC competitiveness; forecasting the IC competitiveness. The methodology for assessing the IC competitiveness is based on a comparative analysis of its activities against those of its leading competitors and evaluates two integral characteristics, namely, the level of current competitiveness and the indicator of the competitive potential. The methodical approach to the selection of the optimal portfolio of projects for the development of competitiveness is based on a step-by-step optimization of the portfolio using a dynamic programming procedure, which takes into account the implementation conditions of the projects, resource constraints and the prioritization of these projects. The targeted benchmark for the optimization is an integral indicator of IC competitiveness, comprising various aspects of its activities. Findings Method for multi-factor evaluation of IC competitiveness and the impact of a set of factors driving competitive advantage; set of benchmarks of IC competitiveness; the model for the selection and step-by-step optimization of the portfolio of IC development projects, aimed at increasing competitiveness in the context of resource constraints. Practical implications Methodology described in this paper was used to assess the competitiveness and optimize the project portfolio of Uralelektrotyazhmash Group of Enterprises (UETM), one of the largest power engineering complexes in Russia. The assessment was carried out in comparison with the leading domestic and global manufacturers of electrical equipment, which form UETM’s primary competition in the marketplace. Originality/value The study establishes a method for the comprehensive assessment of IC competitiveness based on the comparison of IC activity indicators with those of leading competitors. The proposed method defines an integral competitiveness index to allow for the quantitative assessment of IC competitiveness, development of measures to improve IC competitiveness and producing a methodology to forecast the impact of such measures; the study proposes a methodical approach to selecting the optimal portfolio of projects for the development of IC based on the stepwise optimization of such a portfolio while taking into account the conditions of their implementation, resource constraints and the impact on the indicator of competitiveness. This approach allows the IC to prioritize the implementation of the development projects and maximize its competitiveness in the context of available resources.
Innovative development of domestic enterprises and growth of their competitiveness is the most important task at the present stage of development of the country's economy. The purpose of this study is to develop methodological tools that assess the impact of strategic plans for innovative development of an enterprise on the level of its competitiveness. The hypothesis of the study is that the plans for innovative development of the enterprise have a positive impact on the level of competitiveness of the enterprise. The article shows that in modern conditions one of the main directions of increasing the competitiveness of any company is inextricably linked with the formation and use of innovative development systems at enterprises. An analytical review of the existing methods for evaluating the competitiveness of the enterprise is carried out; their advantages and disadvantages are determined. It is shown that there is currently no single universal approach to such evaluation. As a result, a reasonable choice was made in favor of a methodological approach that evaluates competitiveness in dynamics; the main indicators and algorithms used in this approach are presented. The method of assessing the stability of the competitive position of industrial enterprises based on their innovative activity using a number of innovative indicators and taking into account their possible growth in the financing and implementation of innovative projects is proposed. The competitiveness of the largest Russian Pipe Metallurgical Company in comparison with its leading domestic competitors in the period 2017-2019 was evaluated; the main problems and weaknesses in the company's activities that have a negative impact on its competitiveness are identified. An assessment of the innovative activity of the Pipe Metallurgical Company is performed, which shows that the company currently adheres to a strategy based on the introduction of improving innovations. Modeling of the dependence of the level of the competitiveness of the company on the indicators of its innovation activity is performed; the indicators that have the strongest impact are identified, namely: the coefficient of intellectual property security, the coefficient of innovative growth, and the coefficient of development of new products. An example of the implementation of an event aimed at increasing the company's innovation activity indicators and related to the commissioning of unique research equipment for the development of new threaded connections for pipes is given. Based on the projected outcomes of the event, the forecast level of competitiveness of the Pipe Metallurgical Company for the period up to the end of 2020 was determined.
Business entities of all forms and origin face the necessity to foster new management approaches in order to promote its excellence. Sustainability is a key issue for organisations nowadays as they increasingly acknowledge that their practices have social and/or environmental consequences. Multi-stakeholder systems such as industrial complexes/clusters seek to raise competitiveness by integrating new innovative business models and appropriate responsibility in various fields of operations. These managerial technologies require a novel outlook at the optimisation model of the numerous competitive forces and its evaluation. In light of this, it is imperative that new methodologies and frameworks to facilitate the understanding of sustainability concepts in the business environment are to be developed as innovation approach. The framework suggested in the paper helps to outline guidelines on evaluating the nature and process of innovative and sustainable competitive strategy considering many indicators influencing industrial complexes and its environment.
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