Gorodnova N.V.Ural Federal University named after the First President of Russia B.N. Yeltsin (UrFU), Yekaterinburg, Russian Federation n.v.gorodnova@urfu.ru ORCID id: not available
Galkin A.B.JSC Production Association Ural Optical and Mechanical Plant named after E.S. Yalamov, Yekaterinburg, Russian Federation lex12681@mail.ru ORCID id: not available
Peshkova A.A.Ural Federal University named after the First President of Russia B.N. Yeltsin (UrFU), Yekaterinburg, Russian Federation np91@list.ru ORCID id: not available
Importance Striving to the sustainable economic development, it is necessary to find methods for better performance of large industrial enterprises, including a systems approach to corporate management by objectives. Objectives The research is to improve the management of large industrial enterprises and some aspects by applying the proposed set of indicators so as to evaluate the attainment of strategic goals. Methods Based on general scientific methods of analysis and synthesis, we study principal concepts of management by objectives and propose a set of key performance indicators through the decomposition method. Results We propose a set of key performance indicators of large industrial enterprises in the defense industry, which can be applied to evaluate the attainment of economic goals and digital capabilities of the company. The further research will focus on the method to evaluate digital capabilities of an industrial enterprise through the indicators proposed herein. Conclusions and Relevance Based on the proposed set of indicators, we can evaluate the attainment of strategic goals of large industrial enterprises, thus assessing the efficiency of managerial decisions. The set of indicators can work not only for control, but also for building a uniform motivation mechanism for employees. The findings can prove useful for managers of large industrial enterprises, specialists in setting the uniform motivation mechanism and scientific community deal with the concept of management by objectives.
Keywords: management by objectives, economic indicators, business process management, digital capabilities, industrial enterprise
References:
Drucker P.F. Praktika menedzhmenta [The Practice of Management]. Moscow, Vil'yams Publ., 2003, 388 p.
Drucker P.F. Entsiklopediya menedzhmenta [The Essential Drucker: The Best of Sixty Years of Peter Drucker's Essential]. Moscow, Vil'yams Publ., 2004, 432 p.
Kaplan R.S., Norton D.P. Sbalansirovannaya sistema pokazatelei. Ot strategii k deistviyu [The Balanced Scorecard: Translating Strategy into Action]. Moscow, Olimp-Biznes Publ., 2003, 304 p.
Popov E.V. Instituty: monografiya [Institutions: a monograph]. Yekaterinburg, Institute of Economics, Ural Branch of RAS Publ., 2015, 712 p.
Chernyakov M.K., Chernyakov V.M. [Applying the method of management by objectives in an organization's management system]. Vestnik Sibirskogo universiteta potrebitel'skoi kooperatsii = Bulletin of Siberian University of Consumer Cooperation, 2015, no. 3, pp. 19–22. (In Russ.)
Shablova E.G., Shibin A.V. [Economic analysis of the private law: importance for law-making and law enforcement in the Russian Federation]. Vestnik UrFU. Ser.: Ekonomika i upravlenie = Bulletin of Ural Federal University. Series Economics and Management, 2012, no. 6, pp. 128–136. (In Russ.)
Kobzev P.M. [A constructive systems approach to the management of domestic enterprises as market systems]. Бізнес Інформ, 2013, no. 8, pp. 117–122. (In Russ.)
Kravchenko K.A. [The evolution of the management system in a large industrial enterprise]. Menedzhment v Rossii i za rubezhom = Management in Russia and Abroad, 2007, no. 1, pp. 84–93. (In Russ.)
Gorshkova D.A., Poplavskaya V.A. [Methodology development management of the organization in various stages of its life cycle]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2010, no. 34, pp. 22–25. URL: Link (In Russ.)
Lavrikova Yu.G., Babanova Yu.V., Polushin A.D. [Applied aspects of assessment of innovative condition of the enterprise]. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice, 2014, no. 2, pp. 29–34. URL: Link (In Russ.)
Maslov D. [Functional assessment of management system]. Problemy teorii i praktiki upravleniya = Theoretical and Practical Aspects of Management, 2007, no. 3, pp. 103–114. (In Russ.)
Solov'ev M.M. [Automated systems, management and corporate governance: the logic of separation and development]. Menedzhment v Rossii i za rubezhom = Management in Russia and Abroad, 2005, no. 5, pp. 9–23. (In Russ.)
