Risk reduction based on controlling technologies on industrial enterprises

Abstract

During the global economic instability, demand in developing toolkit which helps to mitigate the negative impact of environmental factors on efficiency of activity of the enterprise is increasing dramatically. However, in practice implementation of any of the tools causes the growth of additional costs, which, for purposes of effective functioning of mini-economic system must be covered by the profit’s increase from the introduction of this toolkit. The task’s implementation was achieved by processing a significant amount of scientific and statistical literature and calculation of integral indicators of the effectiveness of controlling system’s implementation at the enterprises. The analysis revealed a positive effect of the implementation of controlling system on the quality of decisions, efficiency of management, productivity, investment attractiveness, effectiveness of workflow and financial stability, and calculated the average integral efficiency indicators. The obtained results allow to make an unambiguous conclusion about the effectiveness of the controlling system’s implementing, which is especially important during the period of economic globalization and the growth of perturbations in the external environment, the efficiency reserves identified in the operation of the controlling system can and should be a certain buffer to reduce the negative impact of external factors on the sustainability of the enterprise.