Anti-Crisis Management of the Enterprise in the Low Touch Economy

Purpose. To study the impact of the crisis on the socio-economic development (SED) of the enterprise and directions of work for the implementation of effective crisis management. To develop a systematic approach to the formation of SED strategy. Methodology. The research required the use of general and special methods of cognition: induction and deduction to substantiate the topic, the purpose of the study and to find unresolved aspects of the problem; content analysis for literature review; system analysis to establish the fact that the main approach to crisis management permanent is monitoring of the crisis; systematic approach to the formation of the SED-strategy of the enterprise as an instrument of ensuring effective crisis management of the enterprise; convergence from the abstract to the concrete to determine the objectives and directions of application of this strategy; induction and deduction to develop the principles of the complex structure of the SED and prove that SED conception is a result of integration of economic, social and ecological components. Findings. It has been established that the impact of the crisis is not permanent. The degree of impact depends on available resources, financial stability and management flexibility. The principles of the complex structure of SED have been developed. It is stated that the concept of SED is the result of the integration of economic, social and environmental components. The directions of realization of the SED of the enterprise on social and economic components have been formulated. The main approach of crisis management is determined permanent monitoring of indicators and signs of crisis, its relevant assessment and dynamic response to the effects of the crisis. It is established that the cumulative effect of increasing deviations of indicators from their constant level might be the main sign of the crisis. Originality. A systematic approach to the formation of the SED strategy of the enterprise as a tool to ensure effective crisis management has been developed. The main tasks of this strategy are defined. The directions of work of managers for realization of effective anti-crisis management were formulated. Practical value. Approaches to neutralizing the effects of the crisis and ensuring the SED of the enterprise have been developed.

show abstract

“…The study [10] proposed the formation of a mechanism of crisis management of the enterprise using the tools of "economy of minimal contact".…”

Section: Introductionmentioning

confidence: 99%

Socio-economic development of enterprises in a permanent crisis

Naida¹,

Сітковська²,

Shevchenko³

et al. 2022

Nauk. visn. nat. hirn. univ.

View full text Add to dashboard Cite

show abstract

“…The problem of economic culture has been elaborated on from philosophic and socio-economic perspectives and addressed as an integral socio-economic and socio-cultural phenomenon. In works of Ukrainian researchers (I. Akhnovska [1], Yа. Izmailov and V. Osmiatchenko & Yu.…”

mentioning

confidence: 99%

Socio-Economic Dimensions of the Economic Culture of Financial and Credit Specialists

Cherusheva¹,

Пархоменко²

2022

Stat. Ukr.

View full text Add to dashboard Cite

Given the established market-based economic mechanisms in Ukraine, each specialist irrespective of his/her professional focus is required to have critical thinking, deep understanding of current socio-economic processes; competencies for team work, quick taking of innovative decisions in the conditions of uncertainty, business management in a company belonging to any ownership category or industry, data collection, processing and analysis. The system of higher economic education is affected by formational change and macro-social factors: increasing globalization processes; development of open poly-cultural national and socio-economic practices of societal actors; access to the global information space; deepening integration of the higher education system and its harmonization with European and global standards. A distinctive feature of our days is the increasingly rapid development of the economic education, giving evidence of the stably growing demand for economic specialties. But issues related with modernization of the higher school have remained on the agenda. One of them is the economic education system still resting on the grounds that are to a certain extent contradictory. First and foremost, it refers to a formalized approach to the implementation of European values and achievements of education systems in the practice of domestic higher education establishments (HEEs) without due consideration for domestic cultural specifics. Second, poor experiences of cooperation with Western partners, which hampers education processes based on Eurointegration. The gap between professional qualification of specialists and market demands, weak links of Ukrainian HEEs with external social and professional environments, and the mismatch between the professional readiness of specialists and labor market demands are factors complicating significantly job placements of post-graduates and decreasing their competitiveness. The socio-economic realities of this day require high level of the economic culture with future specialists. A challenge of today is a specialist of new type with high level of professional fairness and responsibility (before society, profession or organization), able to intellectual and social initiative, creative communication, social and professional mobility. The article highlights theoretical, methodological and practical issues of the economic culture and its contribution to the economy humanization. Socio-pedagogical problems of shaping the economic culture in future economists in the context of the existing system of economic education are outlined. The notion “economic culture” is analyzed from different methodological perspectives, the main factors for modernization of the economic education system in a way to shape the economic culture of students are substantiated. The economic culture is interpreted as a characteristic of a certain life style and a regulator of the economic behavior of specialists working in socio-economic fields.

show abstract

Anti-Crisis Management of the Enterprise in the Low Touch Economy

Cited by 2 publications

References 0 publications

Socio-economic development of enterprises in a permanent crisis

Socio-economic development of enterprises in a permanent crisis

Socio-Economic Dimensions of the Economic Culture of Financial and Credit Specialists

Contact Info

Product

Resources

About