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Issue № 71. December 2018

Approaches to Evaluating the Effectiveness of Industrial Enterprise Strategy: new tools and methods for managing effectiveness

Ella T. Korshunova

postgraduate student, State Scientific Research Institute for Systems Analysis under Accounts Chamber of the Russian Federation, Moscow, the Russian Federation.
E-mail: alikor98@yandex.ru

This article discusses some modern approaches to evaluating the effectiveness of the strategy for sustainable economic development of an industrial enterprise, which were developed as a result of the value based management concept. The advantages and disadvantages of each of the selected approaches are described. The analysis of the positive and negative sides of each methodology is given for the purposes of evaluating the effectiveness of the sustainable economic development strategy of an industrial enterprise, on the basis of which an approach to evaluating the effectiveness of this strategy can be chosen.

Keywords

Approach to evaluating the effectiveness of the named strategy, Value Based Management, Total Quality Management

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