METHODOLOGY OF THE ENTERPRISE ADAPTATION STRATEGY DETERMINING

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Apr 25, 2019

  Victoria Grosul

  Timur Askerov

Abstract

This research paper reveals the step-by-step method of retail enterprises strategy adaptation determining. Alternatives of retail enterprise strategic goals achieving are substantiated in terms of adaptation to environmental factors effect for of retail trade enterprises, the purpose of which is survival; for enterprises that are interested in providing their sustainable position in the market; for enterprises that activities are focused on providing effective business development in the strategic perspective. Account that the critical limit of enterprise adaptive development corresponds to enterprise’s strategic goal – survival providing under determining alternatives for retail enterprise strategic goals achieving in terms of adaptation to environmental factors. The main content characteristics of adaptation strategy main types are highlighted on the base of basics theory and methodology of enterprise adaptation strategic management generalization: preventive adaptation strategy, moderately preventive adaptation strategy, active adaptation strategy, moderately active adaptation strategy, passive adaptation strategy, moderately passive adaptation strategy. Trajectory concept was taken into account under retail enterprise adaptive potential level determining. Comprehensive assessment of adaptation potential was carried out according to the criteria of flexibility, mobility and stability. This assessment allows determining the enterprise readiness to successful implementation of adaptation strategy under dynamic changes, as well as assessing the effect degree of adaptation properties on the overall level of enterprise stability. The models’ set is proposed for adaptation level of retail enterprise to the environmental factors action assessment. The “strategic adaptation space" matrix is proposed for enterprise adaptation strategy choice; it creates opportunity to combine the enterprise adaptive potential assessment and takes into account its ability to environmental factors action adapting. Retail enterprises positioning in the matrix field, according to adaptation potential assessment indices values and retail enterprise adaptation level to environmental factors action allows determining the optimal type of adaptation strategy for retail enterprises.

How to Cite

Grosul, V., & Askerov, T. (2019). METHODOLOGY OF THE ENTERPRISE ADAPTATION STRATEGY DETERMINING. Economics & Education, 4(2), 57-69. Retrieved from http://baltijapublishing.lv/index.php/econedu/article/view/1033
Article views: 76 | PDF Downloads: 70

##plugins.themes.bootstrap3.article.details##

Keywords

strategy, adaptation, adaptive potential, adaptive opportunities, adaptability level, external environment, matrix, strategic adaptive spac

References

Ansoff I 2011 Strategic Management Moscow: Progress (in Russian)

Biloshkurska N V 2010 Models of adaptive behaviour and their role in enterprise economic security formation Actual problems of economy 12(114) 101-4

Chorna M V, Shumilo O S 2015 Contemporary tendencies of development of retail trade networks in Ukraine Economic strategy and prospects of development of trade and services sphere 2(21) 51–64 (in Ukrainian)

Dorofeeva V V 2012 The practice of adaptation of enterprises to the conditions of a changing external environment Saarbrucken: OmniScriptum GmbH & Co. KG (in Russian)

Fishburn P C 1970 Utility Theory for Decision-Making New York: Wiley

Gencen G 1967 Studies of logical inferences. Mathematical theory of logical inference Moscow: Nauka, 9-74 (in Russian)

Goldstein H 2010 Multilevel Statistical Models 4th Edition. Wiley

Grinchenko R V 2018 Modernization of theoretical components of adaptation change management at the enterprise Problems of the economy 1 251-6 (in Ukrainian)

Grosul V A, Kruglova O A, Rachkovan O D 2017a Adaptive potential complex assessment in the system of the trade enterprises adaptive management Marketing and Management of Innovations 1 213–22 DOI: https://doi.org/10.21272/mmi.2017.1-19

Grosul V A, Kruglova O A, Rachkovan O D 2017b Substantiation of enterprise adaptive development tendencies Financial and Credit Activity: Problems of Theory and Practice 1(22) 151–7 DOI: https://doi.org/10.18371/FCAPTP.V1I22.109942

Ilyin A A 2011 Choice of the development strategy of the enterprise in the context of innovative changes Scientific Bulletin of the Kostroma State Technological University 1 8-16 (in Russian)

Krasnokutska N S 2010 Methodological bases of estimation of realization of potential of the enterprise Academic review 1(32) 67-72 (in Ukrainian)

Lepeiko T I, Kryvobok K V 2015 Adaptation potential of the enterprise in a competitive environment Economic analysis 20 245–50 (in Ukrainian)

Luo Q, Li H 2015 Enterprise Life Cycle, Dividend Decision Making and Investment Efficiency. Economic Review 2 115-25

Marmoza A T 2013 Theory of statistics Kyiv: Tsentr uchbovoi literatury (in Ukrainian)

Melnik M A 2016 Adaptation of enterprise as backer-up of him economic security Bulletin of East-Ukrainian National University named after Volodymyr Dahl 6(230) 87-90 (in Ukrainian)

Olshanskiy O V 2018 Business processes management of trade enterprises and methods of their improvement Scientific Bulletin of Uzhhorod National University: Series: International Economic Relations and the World Economy 22(3) 22–6 (in Ukrainian)

Orlova K E 2014 Strategy of adaptation of industrial enterprises to environmental conditions: a dynamic aspect Innovative development and competitiveness of enterprises and sectors of the economy 2 80-1 (in Ukrainian)

Pritula N I 2007 Theoretical foundations of credit rating assessment of the financial condition of issuing enterprises Business-Inform 9 69-71 (in Russian)

Rachkovan O D 2015 Formation of strategy of adaptation of enterprise of trade Business Inform 5 274-8 (in Ukrainian)

Sorourkhah A, Babaie-Kafaki S, Azar A, Shafiei-Nikabadi M 2018 Matrix Approach to Robustness Analysis for Strategy Selection International Journal of Industrial Mathematics 10(3) 261-9

State Statistics Service of Ukraine E-source: http://www.ukrstat.gov.ua

Stepanova Y L 2012 Effectiveness adaptation of the company Economy. Management. Business. 24(I) 156-63 (in Ukrainian)

Teslenok I, Korotunova O, Kosenko Yu 2019 Analysis of the influence of environmental factors on the functioning of the machine-building enterprise Ekonomika and derzhava 1 78–82 DOI: https://doi.org/10.32702/2306-6806.2019.1.78 (in Ukrainian)

Velicer W F, Eaton C A, Fava J L 2000 Construct explication through factor or component analysis: A review and evaluation of alternative procedures for determining the number of factors or components In Problems and solutions in human assessment (pp. 41-71) Springer, Boston, MA

Vikhanskiy O S 2014 Strategic management Moscow: MSU (in Russian)

Vitlinsky V V, Kolyada Y V, Baranov K O 2013 Modelling and analysis of trajectories of economic development on the basis of discrete Solow model Problems of economy 1 353–62 (in Ukrainian)

Vyshnevskaya K V 2017 Systematization of scientific approaches to the study of enterprise adaptation Economics. Finances. Law. 12(5) 51-7 (in Ukrainian)