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Methodological approaches to assessing the enterprises' performance in the context of management digital transformation

Title: 


Methodological approaches to assessing the enterprises' performance in the context of management digital transformation


Authors: 


Sherstiuk, Roman
Kozlovskyi, Artem
Letun, Oleksandr


Affiliation: 


Ternopil Ivan Puluj National Technical University Ruska St., 56, Ternopil 46001 Ukraine


Bibliographic description (International):

 

Sherstiuk, R., Kozlovskyi, A. & Letun, O. (2024) Methodological approaches to assessing the enterprises' performance in the context of management digital transformation. Socio-Economic Problems and the State (electronic journal), Vol. 31, no. 2, pp. 52-63. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2024/24srpttm.pdf


Journal/Collection: 


Scientific Journal "Socio-Economic Problems and the State"


Issue: 


2(31)


Issue Date: 


Dec-2024


Submitted date: 


Oct-2024


Date of entry: 


4-Jan-2025


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code): 


UA


Place of the edition/event: 


Ternopil


ORCID Id: 


https://orcid.org/0000-0001-6253-9421
https://orcid.org/0009-0003-5179-7849
https://orcid.org/0009-0001-9141-1571


DOI: 


https://doi.org/10.33108/sepd2024.02.052


UDC: 


65.011.4:338.28:330.5


JEL: 


D83
L86
M11
М12
М14
О15
O32


Keywords: 


digital transformation
methodology
economic efficiency
digitization
evaluation
innovative activity
models


Number of pages: 


12


Page range: 


52-63


Start page: 


52


End page: 


63


Abstract: 


The article examines modern methodological approaches to assessing the efficiency of enterprises, which arises in the context of growing market demands and the need to ensure business sustainability. The study examines a variety of scorecard models that can serve as a powerful tool for companies seeking to improve their competitiveness, productivity, and overall performance. According to the report, the implementation of these models allows organizations to access tools that simplify decision-making and control over production processes. In particular, the paper emphasizes the importance of assessing the performance of an enterprise for a more detailed analysis of various scenarios and testing potential tactics and strategies. We state that this makes it possible to make optimal decisions based on actual data, and also provides the ability to adapt to changes in the external environment In the context of the modern economy, where instability is an integral part, the use of these tools becomes especially relevant. The paper also discusses how making decisions based solely on intuition or past experience can lead to significant losses. Authors emphasize that new factors emerging in dynamic market conditions require enterprises to take more informed approaches to decision-making. This study examines the models and techniques that are an integral part of modern management, as they can serve as key factors for achieving competitive advantages and sustainable growth of an enterprise. In general, the article emphasizes the importance of a comprehensive approach to assessing the efficiency of enterprises, which takes into account all key aspects of the modern management process, and the implementation of these methods is an important step for companies seeking not only to survive but also to succeed in the face of rapidly changing market conditions.


Sponsorship: 


The authors received no direct funding for this research.


URI: 


http://elartu.tntu.edu.ua/handle/lib/47192


ISSN: 


2223-3822


Copyright owner: 


Scientific Journal "Socio-Economic Problems and the State"


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2024/24srpttm.pdf
https://doi.org/10.32983/2222-4459-2020-6-190-195
https://doi.org/10.32680/2409-9260-2020-3-4-276-277-97-102
https://doi.org/10.2478/ethemes-2023-0019
https://doi.org/10.33108/galicianvisnyk_tntu2022.03.015
https://doi.org/10.51599/are.2022.08.04.09
https://doi.org/10.36887/2415-8453-2021-1-47
https://doi.org/10.53920/ES-2022-3-3
https://doi.org/10.1007/978-3-030-94273-1_10
https://doi.org/10.20998/2519-4461.2020.5.3
10.32702/2307-2105-2020.3.52
http://www.economy.nayka.com.ua/?op=1&z=7711
10.1080/23311886.2024.2302217
https://doi.org/10.54929/2786-5738-2024-11-04-12
https://reicst.com.ua/pmt/article/view/2024-11-04-12
https://www2.deloitte.com/ua/uk/pages/press-room/press-release/2024/human-capital-trends.html
https://kpmg.com/pl/en/home/insights/2024/06/business-digital-transformation-monitor-edition-2024.html
https://www.pwc.com/gx/en/industries/industrial-manufacturing/digital-supply-chain/digital-champions-2025.html
https://thedigital.gov.ua/news/tsifrovizatsiya-gromad-vidbuvsya-digital-power-summit-2024
10.32782/2524-0072/2024-61-121
https://economyandsociety.in.ua/index.php/journal/article/view/3831


References (International): 


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Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State", Vol.31, No.2

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