Home  Journals  Financial Analytics: Science and Experience  8(290) - 2016 February

Forming a mechanism for holistic management through models of the socially-oriented and innovative entity

Vol. 9, Iss. 8, FEBRUARY 2016

Article PDF Version

Received: 29 October 2015

Received in revised form: 2 December 2015

Accepted: 1 February 2016

Available online: 27 February 2016

Subject Heading: MATHEMATICAL ANALYSIS AND MODELING IN ECONOMICS

JEL Classification: O35, P21

Pages: 10-19

Importance Socially-oriented and innovative entities constitute a new market mechanism, which beneficially combines economic sustainability and social responsibility.
     Objectives The research aims at setting up a holistic management mechanism needed to create or improve the structure of non-profit or profit-making entities, which pursue positive changes in the economic situation.
     Methods We used basic models of socially-oriented entities in line with their salience. We forged necessary and reasonable models for holistic management of such entities. Modeling was performed through mathematical description of the matrix apparatus, thus allowing to capture source data and final results as a table. We also applied a matrix method for economic and mathematical modeling to set up matrices and further describe the type of socially-oriented entities as part of holistic management.
     Results We formed a holistic management mechanism, which is based on modeling and selected models of the socially-oriented and innovative entity.
     Conclusions and Relevance The research into socially-oriented entities allowed forming the holistic management mechanism, which reflected how all the selected models of socially-oriented entities function and interact. The mechanism is driven with five scenarios, in accordance with the current business situation. Each scenario should be applied in compliance with priority of certain areas and a socially-oriented entity model.

Keywords: holistic management, innovation, socially-oriented entity

References:

1. Ansoff I.H. Strategicheskoe upravlenie [Strategic Management]. Moscow, Ekonomika Publ., 1998, 519 p.
2. Vasil'eva E.V. Problemy upravleniya innovatsionnym razvitiem predpriyatiya [Problems of managing the entity’s innovative development]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2011, no. 3, pp. 363–364.
3. Vorontsova O.G. Rol' i znachenie imidzha v formirovanii konkurentosposobnosti sovremennoi organizatsii [The role and importance of image for competitiveness of modern organizations]. Sotsial'no-ekonomicheskie i tekhnicheskie sistemy: issledovanie, proektirovanie, optimizatsiya = Socio-Economic and Technical Systems: Research, Design, Optimization, 2008, no. 9, p. 4.
4. Kalyugina T.G., Parakhina V.N. Mul'tiplikativnyi effekt primeneniya innovatsionnoi formy organizatsii ekonomicheskikh sistem [A multiplicative effect of applying the innovative form of business systems]. Innovatsionnyi Vestnik Region = Information Bulletin Region, 2012, no. 3, pp. 1–6.
5. Kalyugina S.N. Strategicheskie sotsial'nye al'yansy promyshlennykh predpriyatii i ikh vliyanie na razvitie sotsial'noi otvetstvennosti rossiiskogo biznesa [Strategic social alliances of industrial enterprises and their influence on the development of social responsibility of the Russian businesses]. Rossiiskoe predprinimatel'stvo = Russian Journal of Entrepreneurship, 2011, no. 2-1, pp. 17–23.
6. Parakhina V.N., Boris O.A. Vzaimosvyaz' menedzhmenta promyshlennoi kompanii s problemami i istochnikami innovatsii [Interrelation of management of the industrial company with problems and sources of innovation]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-Economic Phenomena and Processes, 2012, no. 3, pp. 74–79.
7. Popkova E.G., Shevchenko A.N., Kirillova S.S. [The procedure for formation of small innovative companies with allocation of organizational, economic, social and psychological components]. Politematicheskii setevoi elektronnyi nauchnyi zhurnal Kubanskogo gosudarstvenogo agrarnogo universiteta, 2013, no. 89, pp. 1242–1252. (In Russ.) Available at: Link.
8. Prigozhin A.I. Metody razvitiya organizatsii [Corporate development methods]. Moscow, MTsFER Publ., 2003, 863 p.
9. Hucek M. Innovatsii na predpriyatiyakh i ikh vnedrenie [Corporate innovation and its implementation]. Moscow, Luch Publ., 148 p.
10. Bezrukova T.L., Morkovkina S.S., Russia B.B., Shanin I.I., Popkova E.G. Methodological Approach to the Identification of Predictive Models of Socio-Economic Processes for Investment and Innovative Development of Enterprises. World Applied Sciences Journal, 2013, vol. 27, no. 11, pp. 1443–1449.
11. Vasiltsova V.M., Dyatlov S.A., Vasiltsov V.S., Bezrukova T.L., Bezrukov B.A. Methodology of Management Innovation Hypercompetition. Asian Social Science, 2015, vol. 11, no. 20, pp. 165–169.
12. De Melo F., Maslennikov V.V., Popova E.V., Bezrukova T.L., Kyksova I.V. Quantitative Analysis in Economics Based on Wavelet Transform: a New Approach. Asian Social Science, 2015, vol. 11, no. 20, pp. 66–73.
13. Parakhina V.N., Boris O.A., Bezrukova T.L., Shanin I.I. State Support for Creation and Development of Socially-oriented Innovative Enterprises. Asian Social Science, 2014, vol. 10, no. 23, pp. 215–222.
14. Parakhina V.N., Novikova E.N. The Features of Innovation in the Stavropol Region. Theory and Practice of Management of the Organization as a Social and Economic System: the Identification, Analysis and Resolution of Problems Formation. Proceedings of the International Conference. Finland, Helsinki, 14–16 September 2013. Kirov, MCNIP Publ., 2013, pp. 97–100.

View all articles of issue

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1 March 2024

Archive