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Research Article

Strategic Management of Enterprises as a Key Component of Management Systems

Dariia Kovalova, Tetiana Grynko

International Journal of Psychology and Strategic Communication, Vol. 1, No. 2, pp. 177–186, 2025

https://doi.org/10.61030/JMQT4803

review
double-blind
access
open
license
CC-BY-4.0
year
2025
doi
registered

Article PDF

Abstract

The practical aspects of strategic management and its systemic support, which are key to the effective functioning of enterprises in complex, uncertain, and dynamic socio-economic conditions, were studied. The concept, mission, and development directions of the enterprise were formulated, strategic goals were defined, and a strategic plan was developed to achieve competitive advantages. The global market, which provides instant access to information, contributes to increased competition, requiring enterprises to respond quickly to changes. A strategic management system was developed to meet the information needs of management and is focused on the prospective development of the business. An integrated system of accounting, planning, analysis, and control was proposed, which includes digital strategic management tools, facilitating effective decision-making and ensuring stable enterprise development in a competitive market. Thus, strategic management defines specific parameters for achieving strategic tasks, contributes to increased profitability, revenue growth, and product quality improvement, ensuring the long-term competitiveness of the enterprise. Further research in this area is of practical importance for the development of the national economy and for increasing the competitiveness of Ukrainian enterprises in the global market.

Keywords: Enterprise, Strategic management, Strategic goals, Strategic analysis, Management principles, Market potential

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

Strategic Management of EnterprisesTitel: Strategic Management of Enterprises as a Key Component of Management Systems

Authors:
Dariia Kovalova, Student, Oles Honchar Dnipro National University,

Tetiana Grynko, Dr. of Economic Sciences, Professor, Dean of the Faculty of Economics, Oles Honchar Dnipro National University

Journal Details:
International Journal of Psychology and Strategic Communication
ISSN: 2941-5691 (Online), 2941-5705 (Print)
DOI: https://doi.org/10.61030/JMQT4803

Abstract:

The practical aspects of strategic management and its systemic support, which are key to the effective functioning of enterprises in complex, uncertain, and dynamic socio-economic conditions, were studied. The concept, mission, and development directions of the enterprise were formulated, strategic goals were defined, and a strategic plan was developed to achieve competitive advantages. The global market, which provides instant access to information, contributes to increased competition, requiring enterprises to respond quickly to changes.
A strategic management system was developed to meet the information needs of management and is focused on the prospective development of the business. An integrated system of accounting, planning, analysis, and control was proposed, which includes digital strategic management tools, facilitating effective decision-making and ensuring stable enterprise development in a competitive market. Thus, strategic management defines specific parameters for achieving strategic tasks, contributes to increased profitability, revenue growth, and product quality improvement, ensuring the long-term competitiveness of the enterprise. Further research in this area is of practical importance for the development of the national economy and for increasing the competitiveness of Ukrainian enterprises in the global market.

Keywords:
Enterprise, Strategic management, Strategic goals, Strategic analysis, Management principles, Market potential

How to Cite This Article:
Kovalova, D., & Grynko, T. (2025). Strategic Management of Enterprises as a Key Component of Management Systems. International Journal of Psychology and Strategic Communication, 3, 177–186. https://doi.org/10.61030/JMQT4803

Full Article:
https://ijpsc.org/journal/data/06_Kovaliova_DNU.pdf

Metadata and Info:
DOI: https://doi.org/10.61030/JMQT4803
Year of Publication: 2025
License: CC BY 4.0 (if applicable) — https://creativecommons.org/licenses/by/4.0/

IJPSC Citation Tools

Cite this article

10.61030/JMQT4803

Dariia Kovalova, & Tetiana Grynko, (2025). Strategic Management of Enterprises as a Key Component of Management Systems. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/JMQT4803