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Optimization of Enterprise Development Management in an Unstable Market Environment Kuriacha N. V., Bilichenko Y. Y.
Kuriacha, Natalia V., and Bilichenko, Yuliia Ye. (2024) “Optimization of Enterprise Development Management in an Unstable Market Environment.” Business Inform 10:755–755. https://doi.org/10.32983/2222-4459-2024-10-755-755
Section: Management and Marketing
Article is written in UkrainianDownloads/views: 0 | |
UDC 65.011.02
Abstract: The article surveyed the peculiarities of managing the development of the enterprise in the conditions of an unstable market environment. Theoretical and methodological approaches were formed, taking into account the adaptability of the enterprise to changes and the introduction of modern technologies to ensure stability and competitiveness. In particular, the impact of market uncertainties, such as economic fluctuations, political risks, competition, technological changes, changes in consumer preferences and regulatory changes, on the company's operations was assessed. The results of the study showed that managing the development of the enterprise requires the implementation of crisis plans and risk management strategies to minimize risks and maintain financial stability. Approaches to the introduction of digital technologies, such as ERP systems and Big Data analytics, have been developed, which contribute to increasing the efficiency of managerial processes, optimizing resources and improving the forecasting of market trends. Analytical tools allow enterprises to quickly adjust strategies, which is especially important in conditions of instability. The article analyzes innovative approaches to development management, which include reengineering of business processes, automation of production and managerial functions, as well as the development of a corporate culture focused on continuous improvement. The economic effect of the introduction of innovative technologies was estimated, in particular, the reduction of costs and the increase of productivity, which provides enterprises with the opportunity to quickly adapt to changes in the market. The study confirms that the use of modern approaches and tools allows enterprises to maintain competitiveness and ensure sustainable development even in changing economic conditions. It is proved that the integration of adaptive management, innovative approaches and modern technologies is a necessary condition for ensuring the sustainable development of the enterprise in the conditions of a dynamic and unstable market environment, which allows the enterprise to maintain competitiveness, respond promptly to changes and effectively implement development strategies.
Keywords: enterprise management, development management, adaptive and innovative approaches, digital tools, market uncertainty.
Fig.: 2. Tabl.: 2. Bibl.: 15.
Kuriacha Natalia V. – Candidate of Sciences (Economics), Associate Professor, Department of Economics, Entrepreneurship and Enterprise Management, Oles Honchar Dnipro National University (72 Nauky Ave., Dnіpro, 49010, Ukraine) Email: [email protected] Bilichenko Yuliia Ye. – Student, Oles Honchar Dnipro National University (72 Nauky Ave., Dnіpro, 49010, Ukraine) Email: [email protected]
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