The Management of Sustainable Development of Enterprise: Evaluating the Level and Strategy of Change

• Main Author: Kosolapov Anatoliy F.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-05-01
• Series: Bìznes Inform
• Subjects: sustainable development; evaluation of sustainable development; sustainable development strategies; management of sustainable development
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2018-5_0-pages-465_470.pdf
• ISSN: 2222-4459; 2311-116X

The article is aimed at substantiating the theoretical foundations of management of sustainable development of enterprise, i.e.: development of an economic-mathematical model of the indicator of level of sustainable development of enterprise and definition of types of strategies of managerial influence on the internal system of enterprise in order to achieve the desired level of its sustainable development. The research is aimed at solving the current problem of providing the enterprise’s management with a scientific-practical instrumentarium for decision-making on sustainable development. The results obtained are of practical value, as they allow to quantify the level of sustainable development of enterprise on the basis of cost indicators and to systematically apply the substantiated types of strategies. The article discloses the essence of the indicator of distance to the status of sustainable development of enterprise as an criterion of evaluation of the level of its sustainable development. The conditions of both high and low levels of sustainable development of enterprise are analyzed. Four types of strategies are proposed to overcome the low level of sustainable development of enterprise: «investing in sustainable development», «making money by means of sustainable development», «saving on sustainable development», «sacrifice for the sake of sustainable development».