Crisis management through the prism of strategic management and balanced development of the enterprise

Turilo, Anatolii M.
Turilo, Anatolii A.
Korolenko, Rita
Tishchenko, Svitlana

Kryvyi Rih National University 11 Vitalii Matusevych St., Kryvyi Rih, Ukraine, 50027

Turilo, A.M., Turilo, A. A., Korolenko R. & Tishchenko S. (2024) Crisis management through the prism of strategic management and balanced development of the enterprise. Socio-Economic Problems and the State (electronic journal), Vol. 31, no. 2, pp. 44-51. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2024/24tambrp.pdf

Scientific Journal "Socio-Economic Problems and the State"

2(31)

Dec-2024

Oct-2024

4-Jan-2025

Ternopil Ivan Puluj National Technical University

UA

Ternopil

https://orcid.org/0000-0002-8136-1048
https://orcid.org/0000-0003-0669-6507
https://orcid.org/0000-0003-2346-3350
https://orcid.org/0009-0007-8158-759Х

https://doi.org/10.33108/sepd2024.02.044

005.334.005.21.658.14/.17

G32

crisis management
strategic management
enterprise
balance
imbalance
development
crisis

8

44-51

44

51

The purpose of this work is to study the process of crisis management through the prism of strategic management and balanced development of an enterprise. During the research, methods of scientific abstraction, structural-decomposition analysis and synthesis, logical generalization, cause-and-effect relationships, logical-prognostic, and content-comparative analysis were used for a comprehensive understanding of the problem. An approach has been proposed in which the process of general enterprise management is examined and presented as a unity of three important components: crisis management, strategic management, and balanced development management of the enterprise. The essential meaning of the term "strategic management of an enterprise" is defined. A classification of types of enterprise balance is proposed, and the priority type in a market economy—financial-economic balance—is identified. The connection between imbalance processes and crisis management within the enterprise is presented. The presented material allows, from a methodological and applied perspective: 1) to view the concept of "enterprise development balance" and explore ways of its assessment and analysis within the enterprise; 2) to integrate the processes of strategic management, crisis management, and balanced development management into a unified whole; 3) to develop a system of specific indicators and criteria that enable more effective enterprise management in conditions of strategic crisis management. Methodological approaches to understanding phenomena such as crisis management, strategic management, and balanced development management as a unified integrative process within the enterprise have been proposed. This material serves as a starting point for the consideration and development of analytical tools for evaluating and analyzing this integral process.

The authors received no direct funding for this research.

http://elartu.tntu.edu.ua/handle/lib/47185

2223-3822

Scientific Journal "Socio-Economic Problems and the State"

http://sepd.tntu.edu.ua/images/stories/pdf/2024/24tambrp.pdf

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Article

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