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The Instrumental Means of the Strategic Decision-Making in the Business Activities of Industrial Enterprises
Otenko V. I., Hamiie A. M.

Otenko, Vasyl I., and Hamiie, Andrii M. (2020) “The Instrumental Means of the Strategic Decision-Making in the Business Activities of Industrial Enterprises.” Business Inform 12:417–422.
https://doi.org/10.32983/2222-4459-2020-12-417-422

Section: Management and Marketing

UDC 330.341.1

Abstract:
The results of recent studies of the processes of domestic enterprises prove the need to focus on decision-making in conditions of high uncertainty, institutional restrictions and interests of interested groups influencing the adoption of the strategically important decisions. The authors propose to consider the strategic decision as a result of collective choice as to means and actions that meet the principles of corporate management and the interests of the main groups – participants of corporate relations to achieve strategic goals. From such positions, the types of strategic decisions are grouped according to the following signs: purposefulness and content of the issues to make up decisions; organizational model of decision-making; completeness of knowledge and ways of their application by decision-makers. The results of a comprehensive analysis of the state and prospects of enterprise development are presented in order to study the peculiarities of strategic decision-making at the enterprises of the machine-building industry according to their allocated signs. The technology of comprehensive analysis of the strategic decisions of enterprises consists of stages and an evaluation-analytical instrumentarium – indicators and criteria, methods of evaluation, analysis and interpretation of results. The built up system of indicators corresponds to the functional spheres of the enterprise according to the criteria of financial-economic stability, production efficiency, effectiveness of marketing activities and efficiency of use of staff. The defined criteria and indicators act as rational basis for the development, comparison and choice of alternatives to development, substantiation of strategic decisions of enterprise. As a result of the carried out cluster analysis according to the computed generalized performance indicators of 18 machine-building enterprises of Kharkiv region, clusters of enterprises, development strategies and identical strategic solutions for each cluster of enterprises are allocated as follows: technical and technological development (product renewal, expansion of sale markets and search for new ones, restructuring of production capacities) and ensuring the sustainability of the financial-economic condition (through consolidation and movement of capital, saving, costs reduction, search for additional sources of income, recovery of assets).

Keywords: decision-making, comprehensive analysis, methodical approach, principles, strategy, instrumentarium, methodical support.

Tabl.: 3. Bibl.: 10.

Otenko Vasyl I. – Doctor of Sciences (Economics), Professor, Pro-rector, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Hamiie Andrii M. – Postgraduate Student, Department of Management and Business, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)

List of references in article

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Otenko, V. I., and Pohorelov, Yu. S. “Model rozvytku pidpryiemstva yak osnova yoho stratehichnoho vyboru“ [The Model of Enterprise Development as Basis of Its Strategic Choice]. Biznes Inform. 2017. https://www.business-inform.net/export_pdf/business-inform-2017-11_0-pages-448_453.pdf
Otenko, V. I., and Doronin, S. A. “Orhanizatsiine zabezpechennia formuvannia profesiinykh komand upravlinskoho personalu za dopomohoiu sotsioniky“ [The Organizational Support of Formation of Professional Teams of Management Staff with the Help of Socionics]. Biznes Inform. 2018. https://www.business-inform.net/export_pdf/business-inform-2018-8_0-pages-217_224.pdf
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