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Integral Strategic Performance — Optimization of a Company’s Activity with the Requirements of Interested Parties

https://doi.org/10.26794/2408-9303-2020-7-5-15-23

Abstract

The paper is devoted to solving the problem of sustainable development of Russian organizations and their groups. In the face of a decline in key performance indicators of enterprises of various sectors of the Russian economy, growing signs of insolvency, the consideration of this problem is an extremely timely scientific event. There were applied the following steps to solve the problem: system analysis, the method of scientific abstractions, economic and mathematical modeling. Also, there have been analyzed the existing scientific-conceptual apparatus of the theory of efficiency and the tools used for its management. As a result, a new category has been proposed — “integrated strategic performances”, a number of economic and mathematical models, the chain of decisions based on binary choice. They had been tested for the purpose of predicting insolvency (bankruptcy) in small and medium-sized companies. Experimental work has confirmed the high accuracy of insolvency (bankruptcy) prediction, the ability to use the proposed analytical tools to manage the effectiveness of sustainable development of companies, as well as their groups, to create artificial intelligence in the field of organization management. The interest and the possibility of using innovations in their activities by such institutions like state institutions which are responsible for the development of small and mediumsized businesses, the Ministry of Finance of the republics, financial and municipal authorities departments was also confirmed; tax and law enforcement agencies, etc.

About the Author

V. V. Smirnov
Financial University
Russian Federation
Valerii V. Smirnov — Cand. Sci. (Econ.), Associate Professor, Department «KPMG»


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Review

For citations:


Smirnov V.V. Integral Strategic Performance — Optimization of a Company’s Activity with the Requirements of Interested Parties. Accounting. Analysis. Auditing. 2020;7(5):15-23. (In Russ.) https://doi.org/10.26794/2408-9303-2020-7-5-15-23

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ISSN 2408-9303 (Print)
ISSN 2619-130X (Online)