Safeguarding the Economic Security of an Enterprise by Encouraging Staff to Strategic Changes

Abstract

Strategic changes involve new challenges and threats to the economic security of an enterprise. Resource components of economic security, i.e., the staff and finances, remain particularly sensitive to such changes. The staff as a resource of an enterprise, its professionalism and skills is one of the main factors influencing economic security, so it is advisable to form a motivational system for staff management as a component of economic security management in the context of the enterprise strategic development. The article aims at studying the staff’s motivation to strategic change and development in the context of providing the economic security of an enterprise. The interdependence of strategic economic interests of an enterprise and the provision of economic security, the methods of motivation and its role in economic security, and the motivational mechanism of staff management have been analyzed using the methods of analysis, comparison and generalization. The article has resulted in analyzing the strategic, tactical and operational methods of staff motivation, and identifying their relationship. Strategic directions of staff motivation in the security system facing strategic changes are offered. Specific measures for staff motivation in the context of strategic changes are also suggested, including mainly intangible measures aimed at raising self-motivation of an employee. Staff motivation in the face of strategic changes can provide the optimal level of protection of both personal interests and the interests of an enterprise. The development of a motivational mechanism for staff management will allow the economic security system to be restructured in accordance with strategic changes.

Keywords

• economic security
• economic security provision
• motivation
• staff
• staff security
• strategic benchmarks
• strategic changes