FORMATION OF BUSINESS ENTITY EFFECTIVE MANAGEMENT SYSTEM IN CONDITIONS OF GOVERNMENT MODERATION OF ITS ACTIVITY BASED ON THE BALANCED SYSTEM OF INDEXES

Authors

DOI:

https://doi.org/10.30837/2522-9818.2018.5.087

Keywords:

balanced structure of indexes system, gas transportation enterprises, strategic management

Abstract

The subject of the given work are the processes of enterprises, that are the natural monopolies, specifically the gas transportation enterprises, taking into account the specificity of the activity. The relevance of the study is determined, on one hand, by the social importance of such enterprises, and by the restrictions from the government institutions for some economic processes, which cause the necessity to develop new approaches to the management, on the other hand. The purpose of the work is to form a complex system of enterprise management indexes, which is aimed at the solving of specific vital problems of functioning and has the adequate level of flexibility for the further functioning and constant improvement. The main task of the work is to determine the list of enterprise activity indexes, which are based on the expert assessment of the top management of the enterprise on one hand, and which determine the main strategic vectors of the enterprise activities that are based on the balanced structure of indexes system, on the other hand. For the conducting of the research were used the methods and main statements of strategic management and formation of the balanced structure of indexes system, the method of expert assessment processing and estimation of gas transportation enterprises top management. The outcomes: in the work are considered and analyzed the main problems of gas transportation enterprises activities in Ukraine, which mostly concern the distribution activities of the enterprise. It is proposed to use the balanced structure of indexes system to improve the distribution activities of the enterprise, which is based on its classical model (financial, consumptive, inner processes, growth directions) and considering the conditions of significant governmental regulation of such enterprises. The conclusion: a balanced structure of indexes system for a particular enterprise has been constructed with the help of certain financial indexes, so the ways to achieve them are consequent from the existing problems of a particular enterprise and are connected with each other by a common vision of achieving the goal.

Author Biographies

Валентина Василівна Кирій, Kharkіv National University of Radioelectronics

PhD (Economics Sciences), Associate Professor, Kharkіv National University of Radioelectronics, Associate Professor at the Department of Economic Cybernetics and Management of Economic Security

Дмитро Олександрович Чеченець, Kharkіv National University of Radioelectronics

Kharkіv National University of Radioelectronics, Postgraduate at the Department of Economic Cybernetics and Management of Economic Security

References

Pogorelov, Yu. S. (2010), Assessment and modeling of enterprise development : monograph, Lugansk : Globus, 512 p.

Ushhapovs`ky`j, K. V., Kostin, Yu. D. (2015), Power engineering - the strategy of the enterprise: monograph, Kharkiv : SMIT Company, 364 p.

Mamontova, N. A. (2011), Management of the cost of oil and gas companies in terms of innovation development : monograph, Lviv : PAIS, 484 p.

Orlov, P. (2008), "Economic aspects of implementation of the quality management system at industrial enterprises", Ukraine Economy, No. 2, P. 17–26.

Grubiak, S. V. (2013), "Methodical approaches to the analysis and evaluation of the efficiency of the operation of gas distribution enterprises", Innovation Economy, No. 8, P. 307–313.

Kaplan, R. S., Norton, D. P. (1996), The Balanced Scorecard : Translating Strategy into Action, Massachusetts : Havard Business School.

Kaplan R., Norton D. (2003), A strategy-oriented organization. As in the new business environment, organizations that use the balanced system of indicators, Moscow : Olimp-business.

Niven, P. R. (2008), Balanced Scorecard Step-by-Step for Government and Nonprofit Agencies, Hoboken NJ : John Wiley & Sons Inc.

Norreklit, H., Norreklit, L., Mitchell, F., & Bjomenak, T. (2012), "The rise of the Balanced Scorecard! Relevance gained?", Journal of

Accounting & Organizational Change, No. 8 (4), P. 490–510.

Hristov, I. and Chirico, A. (2016), "The Limits of the Balanced Scorecard", Open Journal of Socia Sciences, No. 4, P. 53–58.

Barnabe, F. and Busco, C. (2012), "The Causal Relationships between Performance Drivers and Outcomes : Reinforcing Balanced Scorecards’ Implementation through System Dynamics Models", Journal of Accounting & Organizational Change, No. 8, P. 528–538.

Kuznetsova I. O. (2017), "Formalizing the technology of management as а constituent of the organization core capabilities", Innovative Technologies and Scientific Solutions for Industries, No. 2 (2), P. 116–123. DOI: https://doi.org/10.30837/2522-9818.2017.2.116.

Savchuk, V. P. (2001), Financial management, Kyiv : Publishing House "Maximum".

Grinyuk, I. M. (2014), "Features of the formation of accounts receivable at enterprises of the oil and gas complex", X Międzynarodowa Naukowi-praktyczna Konferencja "EUROPEJSKA NAUKA XXI POWIEKA-2014", At : Przemyśl, Vol. 6. P. 23–26.

Sokolova, L. V., Kyriy, V. V., Chechenets, D. O. (2016), "Scientific and methodical support of the management of gas enterprises’ accounts receivables", Scientific herald of Uzhhorod National University : Series "International economic relations and world economy", Uzhgorod, Vol. 6, Part 3, P. 54–59.

Zizlavsky, O. (2014), "The Balanced Scorecard : Innovative Performance Measurement and Management Control System", Journal of Technology Management & Innovation, Universidad Alberto Hurtado, Facultad de Economía y Negocios, Vol. 9, Issue 3.

Zapukhlyak, I. B. (2016), "Institutional prerequisites for the development of domestic gas transport enterprises in conditions of instability", Theoretical and applied issues of economics. Collection of scientific works / edited by Prof. Yu. I. Yekhanurov, G. M. Filuk, Kyiv : LLC "CP" KOMPRINT", Issue 1 (32), 233 p.

Downloads

Published

2018-09-26

How to Cite

Кирій, В. В., & Чеченець, Д. О. (2018). FORMATION OF BUSINESS ENTITY EFFECTIVE MANAGEMENT SYSTEM IN CONDITIONS OF GOVERNMENT MODERATION OF ITS ACTIVITY BASED ON THE BALANCED SYSTEM OF INDEXES. INNOVATIVE TECHNOLOGIES AND SCIENTIFIC SOLUTIONS FOR INDUSTRIES, (3 (5), 87–94. https://doi.org/10.30837/2522-9818.2018.5.087

Issue

No. 3 (5) (2018)

Section

Economic Sciences

License

Copyright (c) 2018 Валентина Василівна Кирій, Дмитро Олександрович Чеченець

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Our journal abides by the Creative Commons copyright rights and permissions for open access journals.

Authors who publish with this journal agree to the following terms:

  • Authors hold the copyright without restrictions and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.

  • Authors are able to enter into separate, additional contractual arrangements for the non-commercial and non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.

  • Authors are permitted and encouraged to post their published work online (e.g., in institutional repositories or on their website) as it can lead to productive exchanges, as well as earlier and greater citation of published work.