Methodological approach to two-component assessment of sustainability in organizations and organizational networks and strategic-oriented management of their development
Keywords:
Strategic management, development strategies, organizations and organizational networks, logistics activities, motor transport enterprises, indicator of investment adequacy, level of material costsSynopsis
The object of the study is to assess the financial stability and readiness of logistics activities in organizations for development. The proposed two-component methodological approach makes it possible to optimize the assessment of the readiness of organizations for development based on determining a sufficient level of investment, on the one hand, and a balanced level of activity costs, on the other. Thus, for the first component, it is proposed to use an integral indicator of investment adequacy, the calculation method of which is based on combining the dependencies between the volumes of capital investments and other resource parameters of the activities of enterprises (depreciation deductions, long-term loan capital, non-current assets, equity, etc.). The second component reflects the ratio of material and other operating costs to the total income of logistics activities in organizations.
The study was carried out on the example of motor transport enterprises. The proposed methodological approach was tested, which showed low resource capacity of enterprises. The dynamics of the integral indicator of investment adequacy showed that in general for enterprises engaged in road freight transportation, its level is significantly lower than the normative value, which is equal to 3. Its value on average fluctuated at the level of 1.2–1.7, that is, it was in the range of the absence or limited resources for economic development. This indicates the dominance of survival strategies, not development, among motor transport enterprises, and weak state policy, which does not stimulate investment activity in a legal transparent environment.
The results obtained can be used both at the level of individual logistics organizations and organizational networks, and for an aggregated assessment of the industry as a whole. An additional advantage of the developed two-component methodological approach to assessing the state and readiness of an enterprise for development is the possibility of using different components for each component, differentiating their importance in an integrated assessment, and adjusting target ranges.
As a result of the study, several possible strategies for managing the development of logistics activities in organizations were identified, such as a reserve management strategy, an asset diversification strategy, a profit reinvestment strategy, a strategy for optimizing liabilities and obligations, a risk-oriented liquidity management strategy, and an active liquidity management strategy.
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