Economic diagnosis of operational activities of an industrial enterprise based on business indicators
In modern conditions of uncertainty, dynamism, and insufficient predictability, with consideration to complexity and goal-oriented nature of production and economic systems, there arises a necessity for regular monitoring of conditions of their internal and external environments and responding to on...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2025-03-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/5889 |
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| author | E. Yu. Belova A. V. Badina |
| author_facet | E. Yu. Belova A. V. Badina |
| author_sort | E. Yu. Belova |
| collection | DOAJ |
| description | In modern conditions of uncertainty, dynamism, and insufficient predictability, with consideration to complexity and goal-oriented nature of production and economic systems, there arises a necessity for regular monitoring of conditions of their internal and external environments and responding to ongoing changes. This article formulates new and advances existing conceptual positions and methodological foundations of an economic diagnostic system as a means to manage performance of operational activities in manufacturing enterprises. It is identified that there exists a certain ambiguity in approaches to the concepts of efficiency and performance of activities of modern market economy subjects. Economic diagnostic of the operational performance of enterprises is the process of selecting economic indicators to track their deviation from criterion values for timely problem identification and prevention. Accordingly, it is examined using a panel of indicators and performance metrics of business processes. Based on key business processes of the enterprise and criteria of cost – time – quality, the economic indicators reflecting the enterprise performance are determined. A list of its indicators is established, which considers the focus of the enterprise on long-term functioning. The application of forecasting methods in the economic diagnostic process is justified, utilising trend models to enhance forecast representativeness. The performance of three machine-building enterprises within the group of companies “United Automotive Technologies” is investigated. Their integrated performance indicators and influence of the enterprise business processes on them are indentified. |
| format | Article |
| id | doaj-art-31cd204dbe6440f48952ad3a5a61dd4e |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-31cd204dbe6440f48952ad3a5a61dd4e2025-08-20T03:40:10ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152025-03-010114916210.26425/1816-4277-2025-1-149-1623312Economic diagnosis of operational activities of an industrial enterprise based on business indicatorsE. Yu. Belova0A. V. Badina1State University of ManagementState University of Management; Financial University under the Government of the Russian FederationIn modern conditions of uncertainty, dynamism, and insufficient predictability, with consideration to complexity and goal-oriented nature of production and economic systems, there arises a necessity for regular monitoring of conditions of their internal and external environments and responding to ongoing changes. This article formulates new and advances existing conceptual positions and methodological foundations of an economic diagnostic system as a means to manage performance of operational activities in manufacturing enterprises. It is identified that there exists a certain ambiguity in approaches to the concepts of efficiency and performance of activities of modern market economy subjects. Economic diagnostic of the operational performance of enterprises is the process of selecting economic indicators to track their deviation from criterion values for timely problem identification and prevention. Accordingly, it is examined using a panel of indicators and performance metrics of business processes. Based on key business processes of the enterprise and criteria of cost – time – quality, the economic indicators reflecting the enterprise performance are determined. A list of its indicators is established, which considers the focus of the enterprise on long-term functioning. The application of forecasting methods in the economic diagnostic process is justified, utilising trend models to enhance forecast representativeness. The performance of three machine-building enterprises within the group of companies “United Automotive Technologies” is investigated. Their integrated performance indicators and influence of the enterprise business processes on them are indentified.https://vestnik.guu.ru/jour/article/view/5889business processintegrated indicatorperformancecosttrend modelbusiness indicatoreconomic diagnostics |
| spellingShingle | E. Yu. Belova A. V. Badina Economic diagnosis of operational activities of an industrial enterprise based on business indicators Вестник университета business process integrated indicator performance cost trend model business indicator economic diagnostics |
| title | Economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| title_full | Economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| title_fullStr | Economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| title_full_unstemmed | Economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| title_short | Economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| title_sort | economic diagnosis of operational activities of an industrial enterprise based on business indicators |
| topic | business process integrated indicator performance cost trend model business indicator economic diagnostics |
| url | https://vestnik.guu.ru/jour/article/view/5889 |
| work_keys_str_mv | AT eyubelova economicdiagnosisofoperationalactivitiesofanindustrialenterprisebasedonbusinessindicators AT avbadina economicdiagnosisofoperationalactivitiesofanindustrialenterprisebasedonbusinessindicators |