REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

The Mechanism for Strategic Estimation of the Enterprise’s Competitive Position
Dovbnia S. B., Chabanets T. M.

Dovbnia, Svitlana B., and Chabanets, Tetiana M. (2019) “The Mechanism for Strategic Estimation of the Enterprise’s Competitive Position.” Business Inform 9:313–320.
https://doi.org/10.32983/2222-4459-2019-9-313-320

Section: Management and Marketing

UDC 658.821.5:65.011.47

Abstract:
The article is aimed at developing a mechanism for estimating the competitive position of enterprise, which would provide comprehensive objective diagnosis of the industry market factors and the enterprise’s potential. An improved modification of the SPACE analysis method has been developed. When diagnosing the status of enterprise, its financial strength and competitive advantages are considered. In the process of estimating the near environment, the stability and attractiveness of the industry are analyzed. Financial strength, as a complex concept, provides for an estimation of the solvency of enterprise, its financial independence and performance. The competitiveness of enterprise is determined by its competitive market advantages and the efficiency of use of resources. Sets of local indicators for each estimation direction of the enterprise and the external environment are substantiated, including the original, non-widely used ones («performance ratio», «wage competitiveness ratio»). The calculation of integral estimates of the enterprise’s financial strength, its competitiveness, attractiveness and stability of the industry is proposed. A matrix has been developed to interpret the results of analysis and to select a vector of strategic development. This mechanism will ensure an informed decision-making as to the choice of strategy due to: ability to quantify each factor; integrated assessment of the financial strength and competitiveness of enterprise, attractiveness and stability of industry; the recommendations provided in the SPACE analysis matrix. Prospects for further research are to develop methodical approaches to quantifying the individual environmental factors and their impact on the enterprise’s strategy.

Keywords: strategic management, SPACE analysis, financial strength of enterprise, competitiveness of enterprise, performance ratio, wage competitiveness ratio, industry , attractiveness of industry, stability of industry, competitive strategy.

Fig.: 1. Tabl.: 3. Formulae: 2. Bibl.: 10.

Dovbnia Svitlana B. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economics and Entrepreneurship named after T. H. Ben, Ukrainian State University of Science and Technologies (2 Akademika Lazariana Str., Dnipro, 49010, Ukraine)
Email: [email protected]
Chabanets Tetiana M. – Expert, Laboratory of Industrial Property Law, Research Center for Forensic Expertise on Intellectual Property of the Ministry of Justice of Ukraine (26 Lesi Ukrainky Blvd., Kyiv, 01133, Ukraine)
Email: [email protected]

List of references in article

Putsenteilo, P. R., and Humeniuk, O. O. “Stratehichnyi analiz yak vazhlyvyi element upravlinnia pidpryiemstvom“ [Strategic analysis as an important element of enterprise management]. Innovatsiina ekonomika, no. 3-4 (2016): 196-205.
Shurpenkova, R. K. “Stratehichnyi analiz yak skladova protsesu upravlinnia pidpryiemstvom“ [Strategic analysis as a component of enterprise management process]. Sotsialno-ekonomichni problemy suchasnoho periodu Ukrainy, no. 2 (2015): 96-99.
Demydenko, S. L., and Kulynych, O. V. “Stratehichnyi analiz yak instrument upravlinnia pidpryiemstvom“ [Strategic analysis as an enterprise management tool]. Zbirnyk naukovykh prats Cherkaskoho derzhavnoho tekhnolohichnoho universytetu. Seriia «Ekonomichni nauky», no. 30 (1) (2012): 43-47.
Hrabovetskyi, B. Ye., and Kraievska, A. S. “Stratehichnyi analiz v upravlinni vyrobnytstvom“ [Strategic analysis in production management]. Ekonomichnyi prostir, no. 76 (2013): 187-199.
Demko, I. I. “Stratehichnyi analiz u systemi efektyvnosti vykorystannia trudovoho potentsialu pidpryiemstva“ [Strategic analysis in the system of efficiency of use of the labor potential of the enterprise]. Visnyk Universytetu bankivskoi spravy, no. 3 (2015): 86-90.
Hakman, A. S. “Stratehichnyi analiz finansovykh rezultativ u systemi kompleksnoi diahnostyky pidpryiemstva“ [Strategic analysis of financial results in the system of complex diagnostics of the enterprise]. Visnyk Chernivetskoho torhovelno-ekonomichnoho universytetu, no. 3 (2009): 293-299.
Pryimak, I. I. “Stratehichnyi analiz finansovoi stiikosti pidpryiemstva“ [Strategic analysis of financial stability of the enterprise]. Ekonomika ta upravlinnia pidpryiemstvamy mashynobudivnoi haluzi, no. 3 (2012): 55-68.
Nusinov, V. Ya., and Lobov, S. P. “Stratehichnyi analiz hirnycho-zbahachuvanykh kombinativ za modelliu SPACE ta vyznachennia napriamkiv pidvyshchennia efektyvnosti ikh diialnosti“ [Strategic analysis of mining and processing enterprises using the SPACE model and determining the directions of increasing their efficiency]. Investytsii: praktyka ta dosvid, no. 9 (2019): 16-21.
Blank, I. O., and Sytnyk, H. V. Upravlinnia finansamy pidpryiemstv [Enterprise Finance Management]. Kyiv: KNTEU, 2006.
Dovbnia, S. B., and Olianina, O. O. “Metodychnyi instrumentarii otsinky finansovoi bezpeky promyslovoho pidpryiemstva“ [A methodological toolkit for assessing the financial security of an industrial enterprise]. In Suchasni tendentsii funktsionuvannia ta rozvytku pidpryiemstva: zahrozy i vyklyky, 86-98. Dnipro: Lira, 2016.

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»