DOI: 10.5937/jaes13-7859
This is an open access article distributed under the CC BY-NC-ND 4.0 terms and conditions.
Volume 13 article 309 pages: 19-24
The
achievement of stable economic development of an economic entity and growth of
its competitiveness make it necessary to increase the level of its business
activity on the basis of improvement of strategic management process. The
mechanism of development of the competitive strategy of an economic entity
providing transparency and predictability of its activity has been given in
this article. Practical realization of the developed strategy is possible,
first of all, due to determining of the priority directions of development of
an enterprise on the basis of activization of key subsystems of business
activity. It is caused, first of all, by the fact that it is almost impossible
to provide simultaneous growth of all components of business activity of an
enterprise, despite their close interrelation.
The authors extend acknowledgements to the rector of BSTU, prof. Sergei Nikolaevich Glagolev for their assistance in organizing the study and publication of the results. Work has been performed in the framework of Strategic Development Program at BSTU for 2012-2016. The article was published with the financial support from Ministry of Education and Science of the Russian Federation within the framework of state assignment to the project #26.1511.2014K “Theory and methodology of managing innovational and investment processes in small business enterprises.
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