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1 – 4 of 4Irina S. Ferova, Ekaterina S. Kovanova, Elena V. Kletskova, Rustem T. Yuldashev and Tatiana V. Tkachenko
The purpose of the research is to develop methodological approach to evaluation of effectiveness of development of “conflict-free” socio-economic system.
Abstract
Purpose
The purpose of the research is to develop methodological approach to evaluation of effectiveness of development of “conflict-free” socio-economic system.
Methodology
The fundamental platform of the research is the classic approach to evaluation of effectiveness of managerial practice in socio-economic system.
Conclusions
A methodological approach to evaluation of effectiveness of development of “conflict-free” socio-economic system is developed; it envisages calculating the ratio of aggregate results (including advantages) from “conflict-free” development of systems to aggregate expenditures for management of conflicts. Successful approbation of this approach by the example of modern “conflict-free” socio-economic systems – Turkey and Japan – showed its readiness for practical application. The obtained results show that in Turkey in 2018 the effectiveness of development of “conflict-free” socio-economic system is acceptable (normal), as the value of the calculated Erbs index is in the interval (1,5;2), that is the results of managing the conflicts exceed the expenditures. In Japan in 2018, effectiveness of development of “conflict-free” socio-economic system is very high, as the value of the calculated Erbs index is in the interval (2;3) – that is, expenditures for management of conflicts are minimum, and results are very high.
Originality/value
Advantages of the developed methodological approach to evaluation of effectiveness of development of “conflict-free” socio-economic system, which emphasize perspectives of its practical application, are the detailed structure, variability, and universal character.
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Keywords
Ekaterina S. Kovanova, Angelina E. Kolieva, Raphael F. Mustafin and Zalina B. Tedeeva
The purpose of the chapter is to develop a framework strategy of highly efficient decision-making in modern business systems, which defines subjects, conditions, limitations, and…
Abstract
Purpose
The purpose of the chapter is to develop a framework strategy of highly efficient decision-making in modern business systems, which defines subjects, conditions, limitations, and resources that are necessary for successful practical implementation of the mechanism of highly efficient decision-making in modern business systems.
Methodology
The set goal is achieved with the help of the methods of strategic modeling of dynamic economic systems and the method formalization.
Conclusions
A framework strategy of highly efficient decision-making in modern business systems is developed. The presented strategy has the following advantages as compared to the existing strategies, based on regional models of this process: flexibility of subjects of making of managerial decisions, presence of limitations, consideration of the time factor during organization of the process of making of managerial decisions, and mandatory connection to current conditions in which the business system functions.
Originality/Value
The developed strategy showed importance and necessity for increasing the flexibility of management of modern business systems for supporting their competitiveness, sustainability, and high effectiveness in the changing business environment. In view of the fact that the presented strategy is oriented at high volatility of the conditions of the business system, it should be applied in practice at the downward phase of the economic cycle – that is, in the period of economic crisis and post-crisis restoration of economy.
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