E3S Web of Conferences (Jan 2022)

Building a sustainable development strategy for a large railway construction enterprise in modern conditions of economic turbulence

  • Uvarova Svetlana,
  • Vlasenko Vyacheslav,
  • Belyaeva Svetlana,
  • Belyantseva Oksana

DOI
https://doi.org/10.1051/e3sconf/202236304007
Journal volume & issue
Vol. 363
p. 04007

Abstract

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Building a development strategy for large enterprises in modern conditions should take into account not only the established methodology and methodological approaches to strategic management, but also the impact of economic turbulence. At the same time, the paper substantiates the need to develop a strategy in the target focusing of sustainable development as the ability of an enterprise to optimally respond to environmental factors and return to the foresight trend. The authors substantiate the expediency of building an enterprise activity strategy based on foresight even in conditions of economic turbulence, and made a foresight for the development of the railway construction industry. An approach to building a development strategy for a large construction company based on the formation of innovative growth points is proposed, taking into account current development trends and allowing us to identify the key risks of implementing the strategy in order to promptly adjust and implement adaptive management in the process of achieving strategic targets. The proposed strategy has been implemented in RZDstroy JSC, taking into account the influence of the dynamics of the external environment.