An Organizational and Economic Mechanism for Managing the Competitive Sustainable Development of an Industrial Enterprise

Aim. The presented study aims to develop an organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise that would increase the enterprise’s performance and the sustainability of its development in a competitive environment and in the context of the digital transformation of the industry.

Tasks. The authors analyze and formulate the concept of the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise; develop the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise; identify stages in the process of managing the sustainable development of an industrial enterprise; evaluate the economic potential of an enterprise.

Methods. This article is based on the analysis and formalization of the main provisions of the study, which uses economic-mathematical and economic-statistical methods to assess the performance and development of an enterprise.

Results. The urgency of improving the efficiency of managing the competitive sustainable development of an industrial enterprise is justified. The concept of an organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise is formulated and the stages of this management process are identified. An organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise is developed, ensuring an increase in the enterprise’s performance.

Conclusions. Application of the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise will make it possible to keep track of unfavorable market trends and adequately respond to them, thus increasing the performance of the enterprise.

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