Methodical Approach to Evaluation of Efficiency of Transformation of Business Processes on Engineering Enterprises in the Context of Ensuring Security

Bazyliuk, Volodymyr; Molnar, Oleksandr; Kyrlyk, Nataliya; Vynnychuk, Roksolana; Zavadyak, Roman

doi:10.18280/ijsse.110510

Cited by 4 publications

(4 citation statements)

References 4 publications

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“…Bazyliuk et al [13] in their study tried to present an assessment system for engineering enterprises through modeling and eventually forming a certain model. However, our study is distinguished by the emphasis on the fact that there should be two models and that risks should not be assessed all at once.…”

Section: Discussionmentioning

confidence: 99%

Modeling of the Assessment System of the Main Risks of Investing in Engineering Enterprises in the Conditions of the Development of the Knowledge Economy

Панченко¹,

Rushchyshyn²,

Nemchenko³

et al. 2022

IJSSE

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The main purpose of the study is to form a theoretical and methodological model for assessing the risks of investing in engineering enterprises in the context of the development of the knowledge economy. To achieve this purpose, it was necessary to apply the modeling methodology through the use of elements of functional processes that are aimed at achieving the goals and objectives. The relevance of the research topic is given by the fact that today engineering enterprises are extremely sensitive to changes in the operating environment and require a high level of investment. According to the results of the study, we have formed a theoretical and methodological decomposition of a two-variant type of modeling of both external (those that do not directly relate to the enterprise but come from outside) and internal risks (those that arise within the enterprise). The study has limitations and, first of all, they relate to the narrow level of the practical application of the model. Its current state implies a theoretical presentation of the possibilities of informing investors about the state of external and internal risks in the activities of engineering enterprises. Further research will include expanding the modeling process and tasks.

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Section: Discussionmentioning

confidence: 99%

Modeling of the Assessment System of the Main Risks of Investing in Engineering Enterprises in the Conditions of the Development of the Knowledge Economy

Панченко¹,

Rushchyshyn²,

Nemchenko³

et al. 2022

IJSSE

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“…The usefulness of this approach lies in the fact that it allows to take into account both the competitiveness of products and the efficiency of production and economic activities of the enterprise in the real conditions of its functioning. In order to calculate the integral indicator of competitiveness, it is first necessary to study the impact of various factors on the competitiveness of the potential of an economic entity (Bazyliuk V., Bazyliuk K., 2021).…”

Section: Vol 9 No 2 2023mentioning

confidence: 99%

Scientific and Methodological Approaches to a Comprehensive Assessment of the Competitive Potential of Enterprises and Territories

Rusnak¹,

Nadtochii

Pulianovych

2023

BJES

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The purpose of the article is to generalize and substantiate scientific and methodological approaches to a comprehensive assessment of the competitive potential of enterprises and territories. The methodology of the comprehensive study made it possible to determine the features of the competitive potential of an enterprise; to divide into levels the competitive potential as a system with a view to effective management of business entities; to determine the main functions of analyzing the competitive potential of business entities at different levels; to analyze and substantiate the existing approaches to assessing the competitive potential of an enterprise; to summarize the methods of assessing the competitive potential of an enterprise; to supplement the principles of assessing and forming the competitive potential of enterprises; to substantiate the main approaches, methods and indicators for assessing the competitive potential of territories; to develop an algorithm for measuring the competitive potential of a territory to use the knowledge gained in its management. Methodology. The main research method used was systematic analysis of scientific and methodological approaches to comprehensive assessment of competitive potential of business entities at various levels, as outlined by the relevance of the work. Monographic, structural and logical methods, methods of analysis and synthesis, comparison, etc. were also used. It is determined that competitive potential is a system of capabilities, competencies and resources, under the influence of which a set of internal competitive advantages is formed in dynamics, which include two components: adaptability and innovation, and which are constantly under the influence of external and internal factors and form the level of competitiveness of economic entities at different levels of management. It has been proved that in order to assess the competitive potential of an enterprise it is advisable to identify, systematize and analyze all the elements that are its components: production, management, human resources, marketing, financial, information and innovation potential. The analysis of the characteristics of these components allows their division into levels for a more efficient management of business entities. Existing approaches to assessment of competitive potential of the enterprise are analyzed. It is determined that the main functions of the analysis of the competitive potential are: objective assessment of the factors determining the increase of the competitive potential; identification of the factors and causes of the achieved status and results; preparation and justification of management decisions; identification and mobilization of reserves for improvement and increase of the competitive potential. The methods used to assess the competitive potential of a company are generalized. The study of scientific and methodological approaches to the comprehensive assessment of the competitive potential of an enterprise allowed to add the principles that contribute to its increase, such as: the orientation of all and each employee to the action, to the continuation of the started business; the proximity of the enterprise to the customer; the creation of a creative atmosphere in the enterprise; the increase of productivity by using the abilities of the employees and their desire to work; simplicity of the organization, the minimum number of management and administrative staff, etc. The results of the study show that the competitive potential of an enterprise is a comprehensive comparative characteristic that reflects the degree of predominance of a set of indicators for assessing the capabilities of an enterprise that determine its success in a particular market over a certain period of time in relation to the set of similar indicators of competing enterprises. The competitive potential of a territory is a set of competitive advantages and attractive features of a given territory, which contribute to the efficient use of available and attractive external resources and distinguish the territory from other competitors in terms of its capabilities for effective socio-economic development. Practical implications. In order to implement the model of measuring the competitive potential of an area, an algorithm has been developed that includes the following steps: determination of the criterion of the competitive potential of an area; substantiation of the model of factors of the competitive potential of an area; formation of a system of requirements for indicators of the attractiveness of an area by factors; selection of a group of indicators for each factor that meet the requirements and characteristics; creation of a mathematical apparatus for the calculation of indicators in the assessment of factors; calculation of indicators and obtaining generalized assessments by factors; aggregation of generalized assessments by competitiveness factors and integrated assessment of the competitive potential of the territory; typology of territories by the level of competitive potential; reflection of individual territories in the ratings of competitive potential assessments; use of the information obtained for strategic planning purposes. Adherence to this sequence and content of work on measuring the competitive potential of the territory will allow to effectively use the knowledge gained in its management. Relevance/originality. The application of the integral method of assessing the competitive potential of a company allows to provide an integrated approach to the assessment of the competitiveness of the company's potential and, in practice, to obtain an assessment of its competitive position on the basis of specific indicators. In addition, the application of this approach to the real conditions of a company's operation makes it possible to take into account both the competitiveness of products and the efficiency of the company's production and economic activities.

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“…A high level of safety is a key factor in the innovative development of the enterprise. As noted by Bazyliuk et al [7], it is impossible to implement any management decisions without security.…”

Section: Literature Reviewmentioning

confidence: 99%

Management of Innovative Development of Enterprises Considering Their Financial and Resource Opportunities in the Context of Security

Rushchyshyn¹,

Halkiv²,

Rushchyshyn³

et al. 2022

IJSSE

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The kea task of the study is the formation of a methodological approach in determining the viable resource provision options of the management system for the innovative development of an enterprise. The methodology includes methods of systems analysis, methods of multicriteria assessment of alternatives, and the method of paired comparisons with the advantage of options. In modern conditions, the formation of new effective economic relations that meet the needs of the market, resource management acts as a peculiar type of practical activity and as an organizational system. The system of management of innovative development is understood by us as a set of controls, divisions and performers aimed at fulfilling the tasks assigned to them, a set of methods that contribute to management. The development of modern concepts of the theory of organization and management of innovative development is inextricably linked to resource capabilities. As a result, we proposed a methodological approach based on the formation of alternative resource provision options with the possibility of choosing the appropriate one among them. The result, decision-making and selection of the appropriate level of security are based on a comprehensive consideration of all types of resources (human, organizational, financial).

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Methodical Approach to Evaluation of Efficiency of Transformation of Business Processes on Engineering Enterprises in the Context of Ensuring Security

Cited by 4 publications

References 4 publications

Modeling of the Assessment System of the Main Risks of Investing in Engineering Enterprises in the Conditions of the Development of the Knowledge Economy

Modeling of the Assessment System of the Main Risks of Investing in Engineering Enterprises in the Conditions of the Development of the Knowledge Economy

Scientific and Methodological Approaches to a Comprehensive Assessment of the Competitive Potential of Enterprises and Territories

Management of Innovative Development of Enterprises Considering Their Financial and Resource Opportunities in the Context of Security

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