Breakthrough Effect of Combining Resource Management Models

Nowadays Russia is trying to overcome the difficult times, which are characterized by a complicated international situation, high level of turbulence in social and economic sphere and general uncertainty. In the conditions of extremely fierce competition, companies prefer to use a combination of bu...

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Main Authors: Elena S. Balashova, Elizaveta A. Gromova
Format: Article
Language:English
Published: EconJournals 2017-01-01
Series:International Review of Management and Marketing
Online Access:https://econjournals.com/index.php/irmm/article/view/3662
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author Elena S. Balashova
Elizaveta A. Gromova
author_facet Elena S. Balashova
Elizaveta A. Gromova
author_sort Elena S. Balashova
collection DOAJ
description Nowadays Russia is trying to overcome the difficult times, which are characterized by a complicated international situation, high level of turbulence in social and economic sphere and general uncertainty. In the conditions of extremely fierce competition, companies prefer to use a combination of business models with the aim to take the best from several concepts of management. The goal of this research is to analyze one of the model of modern resource management – «velocity» and to relate it to the current state of the Russian economy. Theoretical and practical aspects of the model are presented.  Implementation of the «velocity» in the UEC - Gas Turbines, Joint-stock Company is highlighted. This is one of the few examples of using above-mentioned concept in Russia. Summarizing, «velocity» can become a promising strategy in the context of the Russian economic situation and in general in the contemporary conditions of the world economic development. Keywords: velocity, lean production, theory of constraints, six sigma, resource management. JEL Classifications: D22, L23, M11
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spelling doaj.art-1ec029d51a36490da6672e6dca550cc92023-02-15T16:09:26ZengEconJournalsInternational Review of Management and Marketing2146-44052017-01-0171Breakthrough Effect of Combining Resource Management ModelsElena S. Balashova0Elizaveta A. Gromova1Peter the Great St.Petersburg Polytechnic UniversityPeter the Great St.Petersburg Polytechnic University Nowadays Russia is trying to overcome the difficult times, which are characterized by a complicated international situation, high level of turbulence in social and economic sphere and general uncertainty. In the conditions of extremely fierce competition, companies prefer to use a combination of business models with the aim to take the best from several concepts of management. The goal of this research is to analyze one of the model of modern resource management – «velocity» and to relate it to the current state of the Russian economy. Theoretical and practical aspects of the model are presented.  Implementation of the «velocity» in the UEC - Gas Turbines, Joint-stock Company is highlighted. This is one of the few examples of using above-mentioned concept in Russia. Summarizing, «velocity» can become a promising strategy in the context of the Russian economic situation and in general in the contemporary conditions of the world economic development. Keywords: velocity, lean production, theory of constraints, six sigma, resource management. JEL Classifications: D22, L23, M11 https://econjournals.com/index.php/irmm/article/view/3662
spellingShingle Elena S. Balashova
Elizaveta A. Gromova
Breakthrough Effect of Combining Resource Management Models
International Review of Management and Marketing
title Breakthrough Effect of Combining Resource Management Models
title_full Breakthrough Effect of Combining Resource Management Models
title_fullStr Breakthrough Effect of Combining Resource Management Models
title_full_unstemmed Breakthrough Effect of Combining Resource Management Models
title_short Breakthrough Effect of Combining Resource Management Models
title_sort breakthrough effect of combining resource management models
url https://econjournals.com/index.php/irmm/article/view/3662
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