FORECASTING AS A BASIC ELEMENT OF THE CORPORATIONS MANAGEMENT SYSTEM

Abstract

The article is devoted to the development of an effective forecasting unit as an integral element of corporate management systems, including the financial management system. The expediency of proactive management modern technology introduction in the financial management system and subsystem of corporate enterprises anti–crisis management is proved. The necessity of developing a powerful forecasting unit within the framework of solving the problem of preventing financial crises in corporate systems is substantiated. The use of the socio–economic forecasting progressive method, the "Caterpillar" method, is substantiated. Approbation of the model complex showed that the financial condition of the corporation under investigation in the forecast period may be characterized by an increase in the level of the crisis threat, while for a number of subsidiaries there is a high probability of bankruptcy, which leads to the need to implement anti–crisis measures in the corporate structure.

Keywords

• "caterpillar" method
• corporation
• financial crisis
• forecasting
• management system
• model