Strategic Management System of the Territory as a Factor of Increasing Its Competitiveness Level in Financial Organizations

Andrey A. Vorobyev, Irina S. Glebova and Liliya V. Khafizova

International Journal of Financial Research, 2020, vol. 11, issue 6, 219-225

Abstract: This paper proposes a methodology for assessing the development level of the strategic management system and the competitiveness level in financial organizations. This methodology served the basis for an analysis of regions and federal cities the Russian Federation. A correlation analysis is also carried out to define the dependence of the constituent entity's competitiveness on the development of the strategic management system that resulted in the proposition of comprehensive solutions.

Keywords: strategic management; competitiveness; socio-economic development; correlation analysis; cumulative competitiveness index (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:jfr:ijfr11:v:11:y:2020:i:6:p:219-225

DOI: 10.5430/ijfr.v11n6p219

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