Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis
The article is aimed at forming a methodological and practical basis for assessing production potential, taking into account the directions of strategic management, which are inherent in the innovatively active industrial enterprises. The essence of the strategy of enterprise development, the main f...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Research Centre of Industrial Problems of Development of NAS of Ukraine
2021-05-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2021-5_0-pages-188_193.pdf |
| _version_ | 1819119935691948032 |
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| author | Matsko Nataliia G. Niekrasova Liubov A. |
| author_facet | Matsko Nataliia G. Niekrasova Liubov A. |
| author_sort | Matsko Nataliia G. |
| collection | DOAJ |
| description | The article is aimed at forming a methodological and practical basis for assessing production potential, taking into account the directions of strategic management, which are inherent in the innovatively active industrial enterprises. The essence of the strategy of enterprise development, the main factors of ensuring the efficiency of the strategy are examined. The need for a qualitative reliable assessment of production potential in the formation of an innovative strategy for the development of the enterprise is substantiated. Assessment of the conformity of production potential to the developed strategy allows to decide on the implementation of measures to fulfill the goals of the enterprise or to search for opportunities and reserves to increase the level of production potential. As result of the research, a methodological approach to the assessment of production potential with the help of IECO analysis is developed, this analysis allows assessing the production potential in the context of the main directions of strategic management, the development of which ensures the efficiency of the enterprise: innovative activity, ecological responsibility, competitive positions, organizational adaptability. IECO analysis is based simultaneously on the resource conception and the conception of competitiveness and provides both quantitative and qualitative assessment of production potential. The use of IECO analysis also allows to determine the impact of elements of production potential on its formation and development, which is useful in determining the priority of focusing the attention of the management of enterprises on the relevant element of the potential. Since the analysis results in an integral indicator in a value expression, this analysis can be used as one of the methods for assessing the value of a business. Prospects for further research in this direction are to develop a model for optimizing the components of production potential in order to achieve the maximum possible economic effect and ensure the possibility of using production potential to the full extent. |
| first_indexed | 2024-12-22T06:12:41Z |
| format | Article |
| id | doaj.art-72a63e1b151247d3ba1610f34e808c98 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-22T06:12:41Z |
| publishDate | 2021-05-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-72a63e1b151247d3ba1610f34e808c982022-12-21T18:36:11ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2021-05-01552018819310.32983/2222-4459-2021-5-188-193Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO AnalysisMatsko Nataliia G.0https://orcid.org/0000-0002-5422-8778Niekrasova Liubov A.1https://orcid.org/0000-0002-4305-7547State University «Odesa Polytechnic»State University «Odesa Polytechnic»The article is aimed at forming a methodological and practical basis for assessing production potential, taking into account the directions of strategic management, which are inherent in the innovatively active industrial enterprises. The essence of the strategy of enterprise development, the main factors of ensuring the efficiency of the strategy are examined. The need for a qualitative reliable assessment of production potential in the formation of an innovative strategy for the development of the enterprise is substantiated. Assessment of the conformity of production potential to the developed strategy allows to decide on the implementation of measures to fulfill the goals of the enterprise or to search for opportunities and reserves to increase the level of production potential. As result of the research, a methodological approach to the assessment of production potential with the help of IECO analysis is developed, this analysis allows assessing the production potential in the context of the main directions of strategic management, the development of which ensures the efficiency of the enterprise: innovative activity, ecological responsibility, competitive positions, organizational adaptability. IECO analysis is based simultaneously on the resource conception and the conception of competitiveness and provides both quantitative and qualitative assessment of production potential. The use of IECO analysis also allows to determine the impact of elements of production potential on its formation and development, which is useful in determining the priority of focusing the attention of the management of enterprises on the relevant element of the potential. Since the analysis results in an integral indicator in a value expression, this analysis can be used as one of the methods for assessing the value of a business. Prospects for further research in this direction are to develop a model for optimizing the components of production potential in order to achieve the maximum possible economic effect and ensure the possibility of using production potential to the full extent.https://www.business-inform.net/export_pdf/business-inform-2021-5_0-pages-188_193.pdfproduction potentialassessment of production potentialinnovation activityindustrial enterprises |
| spellingShingle | Matsko Nataliia G. Niekrasova Liubov A. Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis Bìznes Inform production potential assessment of production potential innovation activity industrial enterprises |
| title | Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis |
| title_full | Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis |
| title_fullStr | Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis |
| title_full_unstemmed | Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis |
| title_short | Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis |
| title_sort | assessing the production potential of innovatively active industrial enterprises on the basis of ieco analysis |
| topic | production potential assessment of production potential innovation activity industrial enterprises |
| url | https://www.business-inform.net/export_pdf/business-inform-2021-5_0-pages-188_193.pdf |
| work_keys_str_mv | AT matskonataliiag assessingtheproductionpotentialofinnovativelyactiveindustrialenterprisesonthebasisofiecoanalysis AT niekrasovaliubova assessingtheproductionpotentialofinnovativelyactiveindustrialenterprisesonthebasisofiecoanalysis |