Challenges and opportunities to improve the concept of the balanced development of business organizations

Саликов, Ю. А.

doi:10.20914/2310-1202-2016-4-391-403

Cited by 2 publications

(2 citation statements)

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“…The development of a business-organization is influenced by various factors. In contrast to the phenomena caused exclusively by external forces, the development of a businessorganization is a natural process of self-organization, when the internal state of the system becomes a source of qualitative positive changes [10,11].…”

Section: Methodsmentioning

confidence: 99%

Methodological Approach to Analysis of Business-organization Development Factors at Life Cycle Stages

Кривцова¹,

Salikov²,

Strukov³

et al. 2020

Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020)

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The subject of the study is the factors of businessorganization development. The purpose was to form a methodological approach to the analysis of business-organization development factors at various stages of its life cycle. The article systematizes the problem of business-organization development at various stages of its life cycle. As a result of the research, the following tasks were solved: the necessity of studying the development of a business-organization at various stages of its life cycle was considered and substantiated; the essence of factors influencing the development of a business-organization was revealed; a methodical approach to evaluation of a businessorganization development was proposed; an algorithm for calculating the index of a business-organization development was proposed. In the article, it is proposed to consider factors influencing the development of a business-organization at the stages of its life cycle. The proposed methodological approach to the analysis of development factors makes it possible to reflect the state and prospects of a business-organization functioning; to estimate efficiency of a business-organization depending on the stage of development under the influence of the factors: financial resources, economic security of the enterprise, external and internal relations, image of the enterprise, development resources. The advantages of such methodical approach are the possibility to take into account the peculiarities of development of business-organizations at different stages of their life cycle.

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Section: Methodsmentioning

confidence: 99%

Methodological Approach to Analysis of Business-organization Development Factors at Life Cycle Stages

Кривцова¹,

Salikov²,

Strukov³

et al. 2020

Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020)

View full text Add to dashboard Cite

show abstract

“…В зависимости от того, на какой стадии жизненного цикла находится бизнес-организация, необходимо акцентировать внимание на различных аспектах ее финансово-экономической деятельности. Так, на начальных стадиях жизненного цикла необходимо усиление контроля расходов, а на стадии зрелости основным должен быть контроль и прогнозирование доходов для своевременной адаптации к изменениям в конкурентной среде [10].…”

Section: ав никулина Av Nikulinaunclassified

Financial and economic characteristics of the organization's life cycle

Саликов

Кривцова

2020

Vestn. Voronež. gos. univ. inž. tehnol.

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One of the most acceptable scientific and methodological approaches to work in difficult economic conditions is regular and targeted management of the life cycle of a business organization as an open social and economic system. Any system develops and changes, passing through typical stages or cyclic states of its development. Studying the enterprise from the point of view of the life cycle allows to increase efficiency of financial and economic activity exactly at the specified stage and in due time to develop measures on prevention or weakening of negative and increase of positive results. The analysis of scientific researches has allowed to define the "life cycle of an enterprise" as a quantitatively limited set of stages or states within which the enterprise is during its existence and development. With regard to the functioning of a business organization, the following stages of its life cycle have traditionally been identified: creation, growth, maturity and crisis. Depending on the stage of the life cycle, a business organization should focus on various aspects of its financial and economic activities. Development of a business organization is to ensure the transition from the first and second stages to the third, and the longest possible retention (maturity stage) with timely identification of signs of the fourth stage (crisis) in order to prevent it by retaining the existing positions, returning to the second stage, diversification or transition to a new life cycle. Each stage of development has its key aspects on which management should focus to achieve and maintain positive financial and economic performance. Correspondence of life cycle stages and financial and economic priorities gives grounds for development of the system of financial and economic indicators and formation of limits of their permissible fluctuations within each stage. Based on the values of financial and economic indicators and their dynamics, it is possible, firstly, to contribute to more accurate diagnostics of the life cycle stage of a business organization; secondly, to improve the efficiency of a business organization at each stage by adjusting the values of indicators within the optimal ranges and applying adequate managerial impacts.

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Challenges and opportunities to improve the concept of the balanced development of business organizations

Cited by 2 publications

References 1 publication

Methodological Approach to Analysis of Business-organization Development Factors at Life Cycle Stages

Methodological Approach to Analysis of Business-organization Development Factors at Life Cycle Stages

Financial and economic characteristics of the organization's life cycle

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