Fundamentals of industrial strategizing: from strategy concept to its implementation

N. I. Sasaev ()

Russian Journal of Industrial Economics, 2023, vol. 16, issue 1

Abstract: The success of the industrial strategizing process depends on many factors: on the correct formulation of the industrial development task of the selected object, on the choice and application of a verified, consistent and effective methodology for the development and implementation of industrial strategies, on the correct application of the chosen methodology, taking into account the implementation of all the stages and principles established in it. The decisive role in the development process falls precisely on the formation of the future strategy concept for the industrial development of the selected object, which is its core document and determines all subsequent processes for detailing, formalizing and composing all the developed elements at the conceptual level into a single final document – the industrial strategy.Nevertheless, the subsequent process of implementing the final industrial strategy, the effectiveness of which is determined both by the quality of the developed document itself, including the level of its accessibility and clarity for performers, and by the quality of the organizational system of its consistent and complete execution, plays an important role. All this determined the purpose of this article, which is to formulate the methodological aspects of the composition of the industrial strategy document and the conceptualization of the main methodological provisions of its implementation.In the article, the author formulates and describes the conceptual scheme for composing the final document of the industrial strategy, which includes the formation of such elements of the industrial strategy as: tasks, strategic scenario and tactical implementation block, entry strategy and exit strategy. In addition, a conceptual structure of interrelated documents for the implementation of the industrial strategy is provided, which includes: a strategic plan, roadmaps, programs and projects. The significance of each of the listed documents in the implementation of certain elements of the industrial strategy adopted for execution is specified. In addition, the author examines the signs and consequences of the integrity violation of the implementation process, and also notes the features and role of the strategic management system for the implementation of the industrial strategy.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2023:id:1141

DOI: 10.17073/2072-1633-2023-1-7-19

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