Problemi Ekonomiki (Aug 2023)
A Conceptual Approach to the Adaptation of Economic Security of Enterprise
Abstract
The article considers the components of adaptive systems in improving economic security at enterprises, the changes of which are based on: taking into account market factors; adaptation of the production process to the diversity of business environment conditions; strategies for maneuvering during the allocation and reallocation of resources; consistency of strategy, tactics and operations in optimizing the capital structure; ability to function effectively. It is noted that in the process of adaptation of economic security, it is important for an enterprise to ensure the use of adequate resources for the implementation of the developed set of proactive, protective, and adaptive strategies. It is underlined that ensuring the economic security of enterprise during a crisis requires planning, strategic thinking, readiness for change, and effective impact on resources. The implementation of these aspects helps to reduce risks and supports the resilience of the enterprise in difficult operating conditions. It is substantiated that the proposed approach also allows to determine homeostasis and homeorhesis for adaptation of economic security of enterprise in order to avoid contradictions between certain stages in the development of a conceptual approach. The proposed conceptual approach to adaptation of economic security of enterprise is based on the development and implementation of a systematic action plan aimed at ensuring stability, endurance and success of enterprise in rapidly changing economic conditions. It consists of three successive stages: determination of the prerequisites for choosing the adaptation of the economic security of enterprise (furthermore: ESE); assessment of the current level of the ESE; identification of the type of adaptation of the ESE and substantiation of the adaptive model.
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