MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY

The article analyzes the influence of internal factors on the activities of diversified companies in conditions of economic instability. The author examines in details the components of strategic process and strategic drift as a result of business diversification. Based on the results of risk analys...

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Autor principal: Ekaterina E. Makhnovskaya
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2017
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Acceso en línea:https://doaj.org/article/45e0bebeaf004076a1e3bdb7fe298ff4
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spelling oai:doaj.org-article:45e0bebeaf004076a1e3bdb7fe298ff42021-11-15T05:20:42ZMANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY2413-28292587-925110.21686/2413-2829-2017-2-117-125https://doaj.org/article/45e0bebeaf004076a1e3bdb7fe298ff42017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/277https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article analyzes the influence of internal factors on the activities of diversified companies in conditions of economic instability. The author examines in details the components of strategic process and strategic drift as a result of business diversification. Based on the results of risk analysis several proposals were made according the improvement of corporate governance and establishment of a corporate center whose main task is to monitor and implement strategic directions for the consolidated management of a diversified company. In addition, the author examined in detail the need for a cohesive and competent management team for the further effective maintenance and development of the company. Also special attention was paid to the issues of a well-developed corporate culture as one of the fundamental factors of the success of the diversified company.Ekaterina E. MakhnovskayaPlekhanov Russian University of Economicsarticlediversification strategystrategy driftcorporate centercorporate culture and ethicsEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 2, Pp 117-125 (2017)
institution DOAJ
collection DOAJ
language RU
topic diversification strategy
strategy drift
corporate center
corporate culture and ethics
Economics as a science
HB71-74
spellingShingle diversification strategy
strategy drift
corporate center
corporate culture and ethics
Economics as a science
HB71-74
Ekaterina E. Makhnovskaya
MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
description The article analyzes the influence of internal factors on the activities of diversified companies in conditions of economic instability. The author examines in details the components of strategic process and strategic drift as a result of business diversification. Based on the results of risk analysis several proposals were made according the improvement of corporate governance and establishment of a corporate center whose main task is to monitor and implement strategic directions for the consolidated management of a diversified company. In addition, the author examined in detail the need for a cohesive and competent management team for the further effective maintenance and development of the company. Also special attention was paid to the issues of a well-developed corporate culture as one of the fundamental factors of the success of the diversified company.
format article
author Ekaterina E. Makhnovskaya
author_facet Ekaterina E. Makhnovskaya
author_sort Ekaterina E. Makhnovskaya
title MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
title_short MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
title_full MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
title_fullStr MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
title_full_unstemmed MANAGING THE INTERNAL CHANGES IN A DIVERSIFIED COMPANY IN CONDITIONS OF ECONOMIC INSTABILITY
title_sort managing the internal changes in a diversified company in conditions of economic instability
publisher Plekhanov Russian University of Economics
publishDate 2017
url https://doaj.org/article/45e0bebeaf004076a1e3bdb7fe298ff4
work_keys_str_mv AT ekaterinaemakhnovskaya managingtheinternalchangesinadiversifiedcompanyinconditionsofeconomicinstability
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