Innovative character of modernization of managerial information system of the enterprise

Abstract

Important scientific and practical task concerning identifying the trends of innovation development of the managerial information system of the enterprise is solved and presenting of new concept modernization of managerial information system of the enterprise is done. The development of the managerial information system of the enterprise is described by the influence of innovative changes on processes with managerial information. This is carried out in accordance with the conditions and factors of the enterprise development with the organization of parameters of influence and the development of necessary measures to avoid disintegration of information processing processes, thus increasing the efficiency of information to exercise a guiding influence on processes of management. The concept of achieving information equilibrium in the process of making managerial decisions is substantiated that characterizes a more qualitative level of information provision of decision-making. The methodical principles of organization of the informational basis for the formation of variants of managerial decisions are developed, the effectiveness of which is determined by qualitative and quantitative parameters of managerial information. Information provision of managing an enterprise is formed through the architecture, which includes processes and schemes of organization, structuring, formalization, maintenance and information movement in the managerial system and beyond.

An international empirical study on the relationship between decision‐making information complexity and resource‐based view in small and medium‐sized enterprises

“…The information obtained is often incomplete and fragmented, and decisions are often based on intuition. With regard to the methods of obtaining information, it is particularly important where, in what form and how often managers obtain the information they need to make decisions (Brock & Dhillon, 2001; Gullberg, 2011; Hrynko & Beliavceva, 2021). The main information sources can be summarised as follows:…”

“…Almost regardless of business size, managers rely on regular, daily information provision during decision‐making. In larger organisations, ad hoc information and quick reports also come to the fore (Brock & Dhillon, 2001; Gullberg, 2011; Hrynko & Beliavceva, 2021).…”

“…To support value creation and effective decision‐making, content‐balanced information is needed, which takes into account various competitive factors, monitors processes and can provide multilateral, complementary knowledge from multiple sources. In addition to financial information, quality and performance elements related to the operation and customer service are increasingly emphasised (Brock & Dhillon, 2001; Gullberg, 2011; Hrynko & Beliavceva, 2021).…”

Strategic Management of a Business Entity in the Context of Ensuring the State Economic Security: An Innovative Aspect

“…They, like a locomotive, entail the modernization and structural restructuring of the entire economic system; act as the main measure of ways of development of society. Therefore, the country that stands aside from "innovation competitions" remains the last in the hierarchy of development of the world community [6]. The undisputed leader in these competitions today is the United States, as over 60% of all technical innovations have been accounted for over the last half century.…”