Enterprise Development Strategies in a Post-Industrial Society

Nataliia Hurzhyi (), Alla Kravchenko (), Tetiana Kulinich (), Volodymyr Saienko (), Nataliia Chopko () and Andrii Skomorovskyi ()
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Nataliia Hurzhyi: Zaporizhzhia National University, Zaporizhzhia, Ukraine
Alla Kravchenko: National Pedagogical Dragomanov University, Kiev, Ukraine
Tetiana Kulinich: Lviv Polytechnic National University, Lviv, Ukraine
Volodymyr Saienko: Academy of Management and Administration, Opole, Poland
Nataliia Chopko: Ivan Franko National University of Lviv, Ukraine
Andrii Skomorovskyi: Academy of Management and Administration, Opole, Poland

Postmodern Openings, 2022, vol. 13, issue 1Sup1, 173-183

Abstract: This article examines the problems of forming a strategy for enterprise development in a post-industrial society. A characteristic feature of the contemporary post-industrial society is the constantly evolving new knowledge. Globalization processes and comprehensive digitalization affect the economic behavior of all economic entities and should be taken into account in the formation of strategies for their development. The driving force of progress in Contemporary conditions is closely related to the development of the abilities of a person, whose interests and needs are becoming one level higher. New transformation processes require enterprises to carry out balanced investment activities, research markets, competitors, suppliers, and conduct an effective marketing policy. Businesses need to implement planning taking into account the prospects for its development. The enterprise development strategy should be long-term and contain a flexible plan of action in the direction of innovation based on a detailed analysis of the internal and external environment of the enterprise, available resources and potential of the enterprise. For the successful functioning of the enterprise, the objective necessity is the assessment of its competitiveness, which is based on identifying the strengths and weaknesses of the enterprise for its maximum improvement and finding hidden opportunities for development. The implementation of the development strategy requires efficient investments and optimal use of available resources to achieve the planned results. In the process of creating a development strategy, companies need to take into account the various characteristics that affect it.

Keywords: Globalization; innovation; post-industrial society; enterprise competitiveness; economic environment; characteristics of enterprise development strategies (search for similar items in EconPapers)
JEL-codes: H0 I2 O0 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev3rl:v:13:y:2022:i:1sup1:p:173-183

DOI: 10.18662/po/13.1Sup1/420

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