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Strategic Planning as a Tool for Increasing the Competitiveness and Efficiency of Economic Entities Protsenko V. M., Yanchak Y. O., Sobina Y. V., Slieptsov O. V.
Protsenko, Valentyna M. et al. (2024) “Strategic Planning as a Tool for Increasing the Competitiveness and Efficiency of Economic Entities.” Business Inform 10:757–757. https://doi.org/10.32983/2222-4459-2024-10-757-757
Section: Management and Marketing
Article is written in UkrainianDownloads/views: 0 | |
UDC 658.012.7
Abstract: In the conditions of a modern market economy, characterized by high competition, rapid changes in the external environment and globalization, strategic planning acquires special importance. Enterprises are faced with the need not only to use internal resources efficiently, but also to adapt to the dynamics of external factors, such as technological innovations, changes in consumer behavior, economic and political challenges. Strategic planning allows economic entities to form long-term goals, determine ways to achieve them and ensure sustainable development. Strategic planning appears to be an important tool for increasing the level of competitiveness, as it helps to minimize risks and create stable competitive advantages. The article is aimed at studying strategic planning as a tool for increasing the competitiveness and efficiency of economic entities. The article considers strategic planning as a key factor in increasing the competitiveness and efficiency of economic entities. The analysis of the essence of strategic planning, its role in management and its impact on the formation of competitive advantages is carried out. The main methods and tools of strategic analysis, in particular SWOT, PEST and GAP analysis, their application in the conditions of a dynamic external environment are considered. Therefore, strategic planning allows for optimizing business processes, improving resource allocation, and strengthening internal coordination. The implementation of a strategic approach helps to increase the adaptability of an economic entity, ensuring its readiness for change and the ability to function successfully under conditions of uncertainty.
Keywords: strategic planning, competitiveness, efficiency, economic entity, enterprise.
Fig.: 2. Bibl.: 11.
Protsenko Valentyna M. – Doctor of Sciences (Economics), Professor, Professor, Department of Economics and Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine) Email: [email protected] Yanchak Yuliia O. – Assistant, Department of Economics and Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine) Email: [email protected] Sobina Yuliia V. – Masters Student, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine) Email: [email protected] Slieptsov Oleksandr V. – Masters Student, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine) Email: [email protected]
List of references in article
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