MANAGEMENT OF ECONOMIC SUSTAINABILITY OF THE ENTERPRISE: PRINCIPLES, STAGES, APPROACHES, STRATEGIES

Lina Artemenko; Anastasia Petrenko

doi:10.32782/2415-3583/37.15

Lina Artemenko National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” https://orcid.org/0009-0002-7414-9521
Anastasia Petrenko National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” https://orcid.org/0000-0002-8585-0252

DOI: https://doi.org/10.32782/2415-3583/37.15

Keywords: economic sustainability, economic sustainability management, the process of ensuring sustainability, principles of sustainability management, approaches to sustainability management, requirements for the sustainability management system

Abstract

The subject of this study is the development of an effective management system for the economic sustainability of the enterprise, which takes into account modern challenges and peculiarities of business functioning. The work uses the methods of system analysis, comparison, generalization, and modeling to study the principles, tasks, and approaches to managing economic sustainability, as well as identifying the main requirements for an effective sustainability management system. The results of the study indicate the need to integrate the principles of adaptive management and the use of functional, situational, system and process approaches. The practical significance of the results lies in the creation of a universal mechanism for the formation of an economic stability management system capable of ensuring the dynamic balance of the enterprise and increasing its competitiveness in conditions of an unstable environment.

References

Hereha O. V. (2013). Ekonomichna stiikist pidpryiemstva ta shliakhy yii realizatsii [Economic sustainability of the enterprise and ways of its implementation]. Innovatsiina ekonomika: Ekonomika ta konkurentospromozhnist pidpryiemstv – Innovative economy: Economics and competitiveness of enterprises. Issue 5. pp. 57–59. Available at: http://nbuv.gov.ua/UJRN/inek_2013_5_16 (in Ukrainian).

Yakovenko S. L., Vlasenko T. Yu. (2018). Efektyvne upravlinnia ekonomichnoiu stiikistiu pidpryiemstva – zaporuka uspishnoho biznesu [Effective management of economic sustainability of the enterprise – the key to successful business]. Rehionalna ekonomika ta upravlinnia – Regional economy and management. Issue 2 (20). pp. 102–105. Available at: https://journals.indexcopernicus.com/api/file/viewByFileId/646540.pdf (in Ukrainian).

Torokhtii B. H. (2021). Metodychnyi pidkhid do upravlinnia ekonomichnoiu stiikistiu pidpryiemstv [Methodological approach to managing the economic sustainability of enterprises]. Ukrainskyi zhurnal prykladnoi ekonomiky ta tekhniky – Ukrainian journal of applied economics and technology. Vol. 6, no. 3. DOI: https://doi.org/10.36887/2415-8453-2021-3-13 (in Ukrainian).

Sarai N. I. (2022). Stratehiia upravlinnia ekonomichnoiu stiikistiu torhovelnoho pidpryiemstva [Strategy for managing the economic sustainability of a trading enterprise]. Ekonomika i suspilstvo – Economy and society. Issue 44. DOI: https://doi.org/10.32782/2524-0072/2022-44-14 (in Ukrainian).

Sitak I. L., Ivakhnenko A. V. (2022). Osoblyvosti upravlinnia ekonomichnoiu stiikistiu v systemi menedzhmentu pidpryiemstva [Features of managing economic sustainability in the enterprise management system]. Visnyk NTU «KhPI» (ekonomichni nauky) – Bulletin of NTU «KhPI» (economic sciences). No. 3. pp. 21–28. Available at: https://repository.kpi.kharkov.ua/server/api/core/bitstreams/0b5e3a42-4f62-420f-8db3-819c0c2cbbc0/content (in Ukrainian).

Kopyonkina V. D. (2016). Sutnist ekonomichnoi stiikosti pidpryiemstva [The essence of the economic sustainability of the enterprise]. Investytsii: praktyka ta dosvid – Investments: practice and experience. No. 11. pp. 59–61 (in Ukrainian).

Sokil O. H. (2009). Upravlinnia stiikistiu silskohospodarskykh pidpryiemstv yak ekonomichnyi protses [Management of agricultural enterprises’ sustainability as an economic process]. Ekonomichnyi prostir – Economic space. No. 21. pp. 227–237 (in Ukrainian).

Hryhorska N. M. (2012). Upravlinnia ekonomichnoiu stiikistiu pidpryiemstva v rozrizi naukovykh nadban ta suchasnykh pidkhodiv [Managing the economic sustainability of the enterprise in terms of scientific achievements and modern approaches]. Ekonomichnyi visnyk NTUU «KPI»: zbirnyk naukovykh prats – Economic bulletin of NTUU «KPI»: collection of scientific works. No. 9. pp. 241–247. Available at: https://ela.kpi.ua/items/6474151d-3907-40e4-8274-7a96855233e6 (in Ukrainian).

Kozlovskyi S. V., Mazur H. F. (2017). Zabezpechennia stiikosti suchasnoi ekonomichnoi systemy – osnova ekonomichnoho rozvytku derzhavy [Ensuring the stability of the modern economic system – the basis for economic development of the state]. Investytsii: praktyka ta dosvid – Investments: practice and experience. No. 1. pp. 5–12 (in Ukrainian).

Abey Francis. Strategies for Stability. MBA Knowledge Base. 2019. Available at: https://www.mbaknol.com/strategic-management/strategies-for-stability/

Abey Francis. The Stability Strategy in Management. MBA Knowledge Base. 2019. Available at: https://www.mbaknol.com/strategic-management/the-stability-strategy-in-management/