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 |
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 |
DOI: |
https://doi.org/10.33108/sepd2024.02.052 |
UDC: |
65.011.4:338.28:330.5 |
JEL: |
D83 |
Keywords: |
digital transformation |
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 |
References (International): |
1. Otenko, I. P. (2020) Efektyvnist yak osnovne ponyattya ta kryteriy diyalʹnosti pidpryyemstva [Effectiveness as a core concept and criterion of enterprise activity]. Biznes Inform, 6, 190–195. DOI: https://doi.org/10.32983/2222-4459-2020-6-190-195 (in Ukrainian) |
Content type: |
Article |
Appears in Collections: |
Scientific Journal "Socio-Economic Problems and the State", Vol.31, No.2 |
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