E3S Web of Conferences (Jan 2021)
Stability of management of the organizations in the modern economic environment conditions
Abstract
The article contains the author’s approach to the formation of indicators of sustainability of management of organizations. The developed approach holds the emphasis placed on its traditional understanding, transformed into the modern entrepreneurial era, based on the environment of the functioning of business processes of organizations’ activities, composed of controlled (endogenous) and uncontrolled (exogenous) factors that form their management costs and determine total costs and efficiency, on which the financial benefit in the future period depends. The study considers selected resultant and factorial indicators of the sustainability of management of organizations: management efficiency and cost, changes in the dynamics of results and costs under the action of the specified qualitative and quantitative parameters of management activities. The basis for constructing dependencies between resulting and factorial indicators of the stability of management of organizations is the unity of differentiated by types of additive, multiplicative and multiple interactions, included in the selected combination of intermediate (factor) valueswith final (resulting) values. The integrity of all dependencies, forming a common system of the considered indicators will provide organizations with an accurate assessment of the analyzed final values and a gradation pursuant to the degree of value significancein the intermediate group and objective measures to optimize their management stability. The material may be beneficial for entrepreneurs operating under the current economic mechanism, regardless of spheres and industries, education and science specialists, students in management areas.