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Contemporary Issues of Stakeholder Interaction to Ensure Sustainable Development of United Territorial Communities
Tretiak V. P., Kulyk D. Y.

Tretiak, Viktoriia P., and Kulyk, Dmytro Ye. (2022) “Contemporary Issues of Stakeholder Interaction to Ensure Sustainable Development of United Territorial Communities.” Business Inform 10:53–57.
https://doi.org/10.32983/2222-4459-2022-10-53-57

Section: Regional Economy

Article is written in Ukrainian
Downloads/views: 7

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UDC 332.14:334.722

Abstract:
The article proves that improving the efficiency of the development and functioning of local self-government, the entire work of the territorial community depends not only on the available resources and potentials, but also on the efficiency of the interaction of the triangle of «business – government – community». It is defined that in the process of activity and development of the united territorial communities, the main groups of stakeholders include the business environment, namely: its owners and official representatives, public organizations, public activists, local self-government bodies, the population of the community, experts, etc. The use of a business model to manage relations with the concerned parties is an important basis for obtaining competitive advantages for the development of territories, subject to cooperation with stakeholders. Thanks to this, there will be a betterment in the socioeconomic condition of the territorial community, an increase in the overall productivity and efficiency of its activities; in general, this will contribute to the stable development of the territorial community. The coherence of the work of the participants of the territorial community, i. e., establishing consensuses and taking into account the interests of each group of stakeholders, will not interfere with the development process, will prevent the emergence of contradictions and will ensure the implementation of the concept of a socioeconomic effective territorial community. Involvement of stakeholders and further interaction with them within terms of the territory development creates the potential for the maximum positive effect of the implementation of strategies, plans and projects. Within the terms of companies, stakeholders have similar directions of action, and they may differ in the composition of groups and their main activities. The basis is the interest shown by stakeholders in the process of territory development. To do this, one needs to create a model that will take into account their interaction and interests. The developments of the International Association for Public Participation (IAR2) will allow to identify these aspects and adjust them.

Keywords: stakeholders, concerned parties, management, territorial development, united territorial community, territory, interaction, interests.

Bibl.: 14.

Tretiak Viktoriia P. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Management and Administration, Educational and Research Institute «Karazin Business School» of V. N. Karazin Kharkiv National University (1 Myronosytska Str., Kharkiv, 61002, Ukraine)
Email: [email protected]
Kulyk Dmytro Ye. – Masters Student, Educational and Research Institute «Karazin Business School» of V. N. Karazin Kharkiv National University (1 Myronosytska Str., Kharkiv, 61002, Ukraine)
Email: [email protected]

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