Mechanism of formation of industrial enterprise development strategy in the information economy

Aleksy Kwilinski ()
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Aleksy Kwilinski: The London Academy of Science and Business, London, UK

Virtual Economics, 2018, vol. 1, issue 1, 7-25

Abstract: The article establishes that under the conditions of the information economy, industrial enterprises need a development strategy that takes into account the peculiarities of world changes in the spheres of production, marketing, management, etc. To solve this problem, a mechanism has been developed for forming a strategy for the development of an industrial enterprise in the information economy, based on the model of harmonization of specialized business processes with business process management, integration of management systems of specialized business processes into the general system of management of an industrial enterprise, as well as informatization and automation of business process management of the enterprise. Implementation of the developed mechanism into the practice of managing the development of an industrial enterprise provides an opportunity to increase its competitiveness, increase sales and reduce the cost of production

Keywords: Mechanism; strategy; development; industrial enterprise; information economy; business processes; management; automation (search for similar items in EconPapers)
JEL-codes: C13 G14 L69 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:aid:journl:v:1:y:2018:i:1:p:7-25

DOI: 10.34021/ve.2018.01.01(1)

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