Transformational aspects of the development strategy of industrial corporations
Abstract. In light of the specifics of the conditions and the severity of the problems facing Russian industrial production, it is necessary to transform methods and processes of organizing the management of state industrial corporations as beacons of scientific, technical and technological progress in the field of creation and production of progressive samples of industrial products. The Main Directions of Activities of the Government of the Russian Federation for the period up to 2025 draws attention to increasing operational efficiency through the implementation and monitoring of the implementation of long-term development programs adopted by companies that contribute to the achievement of strategic goals, the introduction of a system of key performance indicators and linking management motivation with achieving target benchmarks. In this regard, it is necessary to conduct scientific research devoted to the development and substantiation of methodological foundations for assessing the performance of industrial corporations and the development of proposals on ways to improve the quality and effectiveness of management. Its practical orientation is ensured by its relation to the development and implementation of a long-term corporate development strategy.
Keywords: strategy, transformation, corporations, effective management, long-term development program.
Highlights:
- the necessity of forming a long-term strategy for the development of an industrial corporation is proved;
- the methodological foundations for evaluating the effectiveness of industrial corporations are substantiated and proposals on ways to improve the quality and effectiveness of management are developed.
Nikolay 0. Ageev, Olga A. Bulavko - Samara State University of Economics, Samara, Russia