EGE ACADEMIC REVIEWPub Date : 2022-11-25DOI: 10.32342/2074-5354-2022-2-57-11
N. Zachosova, A. Kovalenko, D. Kutsenko
{"title":"PERSONNEL POLICY IN THE MECHANISM OF MANAGEMENT OF ECONOMIC SECURITY UNDER THE CONDITIONS OF THE FOURTH INDUSTRIAL REVOLUTION","authors":"N. Zachosova, A. Kovalenko, D. Kutsenko","doi":"10.32342/2074-5354-2022-2-57-11","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-11","url":null,"abstract":"An information base has been developed to ensure the need to modernize the company’s personnel policy for the effective functioning of the economic security management mechanism in the conditions of the Fourth Industrial Revolution and the realities of the BANI world. The need to transform the mechanism of managing the financial and economic security of economic entities and the personnel component of ensuring its functioning in accordance with the needs of the time has been substantiated. The risks of the Fourth Industrial Revolution, which must be taken into account in the management of the financial and economic security of the enterprise, have been identified and systematized. The list of personnel risks includes: low level of digital literacy of the staff; development of strategic plans by a person without professional training; employees’ use of unsecured channels for communication and work with information resources; elimination of personnel from many business processes (their automation); low level of hard skills when working with new equipment; low level of soft skills; excessive load of personnel with information, incl. information unnecessary for a specific employee; reluctance to lifelong learning and professional development, ineffective spending of time in the process of working with gadgets; careless attitude to the preservation and use of personal and corporate information. It has been determined what characteristics the financial and economic security management mechanism of the business entity should meet in order to ensure the effectiveness of its functioning and achieve the goal of its existence in the conditions of Industry 4.0. The main characteristics are: the systematic and consistent planning of innovations, specific clear KPIs and the periodicity of their evaluation, orientation towards the maximum level of digitalization, development and stimulation of leadership qualities in security specialists, the maximum number of diversified information and qualification technologies. Directions for modernization of personnel policy of enterprises in the realities of the Fourth Industrial Revolution and BANI World have been proposed with four priority vectors: personnel training, employee motivation, talent development and preservation of personnel potential. It has been established which personnel competencies are necessary for managing financial and economic security in the conditions of Industry 4.0. Among them: the use of gadgets to perform official duties, teamwork, information hygiene, information literacy, the ability to self-develop, time management, communication skills.","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"27 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83307546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
EGE ACADEMIC REVIEWPub Date : 2022-11-25DOI: 10.32342/2074-5354-2022-2-57-15
N. Ismayilov, S. Khalafova
{"title":"THE ROLE OF DIGITAL MARKETING IN THE MANAGEMENT OF LIBRARY INFORMATION RESOURCES","authors":"N. Ismayilov, S. Khalafova","doi":"10.32342/2074-5354-2022-2-57-15","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-15","url":null,"abstract":"The development dynamics of the digital marketing system in the management of the information resources of libraries in the digital environment, which is widely explained in the article, reflects the main characteristics of modern libraries. Modern librarians should create ample opportunities for readers, whose demand is increasing and expanding day by day, to quickly receive unique and fresh information through the digital catalogue, allowing to enter the global information space and use the universal intellectual potential. From this point of view, the important documents that have started a new stage in the development of library work in Azerbaijan, the organization of work with digital resources in libraries, are Decree of the President of the Republic of Azerbaijan “On improving the activities of libraries in Azerbaijan” (April 20, 2007) and “The State Program for the development of the library and information field in the Republic of Azerbaijan in 2008-2013” (October 6, 2008). Decree of the President of the Republic of Azerbaijan “On some measures related to the improvement of management in the field of digitization, innovation, high technologies and communication in the Republic of Azerbaijan” (October 11, 2021) confirms the recognition by the Azerbaijani state of the construction of libraries as a priority area. In the article, the concept of information resources was analysed in the context of the library, and the place and role of digital marketing in this field was systematically studied. The study canvassed the concept of digital marketing of library, information and knowledge products and services among librarians in selected academic libraries in Azerbaijan. The authors explored the existence of the digital marketing concept in selected academic libraries, as well as the benefits derived from digital marketing of library, information and information products and services. Based on the results of the survey, it was concluded that certain information products and services can be priced, and that the centuries-old practice of providing all kinds of library, information and intellectual services free of charge should be reconsidered.","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"15 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82068494","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Wu Lingling, Y. Danko, A. Artyukhov, T. Dluhopolska, I. Markovych
{"title":"communication strategies of colleges and universities based on spatial and temporal distribution of s","authors":"Wu Lingling, Y. Danko, A. Artyukhov, T. Dluhopolska, I. Markovych","doi":"10.32342/2074-5354-2022-2-57-5","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-5","url":null,"abstract":"The development of marketing strategies based on temporal and spatial student’s distribution is extremely important in order to win a niche in the market of educational services. The object of the study is information about the place of origin of the Henan Institute of Science and Technology students in 2016 and 2020. The data used are provided by the Office of Academic Affairs of Henan Institute of Science and Technology, which selects identity data of students admitted and registered at the university in 2016 and 2020. The temporal and spatial distribution and spatial aggregation characteristics of the student enrolments are analyzed, as well as factors affecting the quality of the student flows, such as geographic location, total number of students per year, and publicity. The paper uses spatial data analysis (ESDA), which determines the spatial weight between districts. Global Moran’s I index was used for spatial analysis. The analysis carried out on the example of Henan province showed that the number of graduates in each city in a given year directly affects the number of university entrants (in 2020, the largest number of school graduates was recorded in the cities of Zhoukou and Nanyang, which had the highest number of university entrants). The spatial arrangement of colleges and universities is identified as the main factor influencing the recruitment of students of each educational institution. The choice of colleges and universities by applicants and their parents in China is also determined by proximity to large cities, convenient transportation, and employment opportunities. It has been established that advertising educational services of universities is also an additional factor in their popularization and attraction of students. The important achievements and characteristics of the school should be highly summarized to ensure that all the information on the school brand is spread in the whole domain in a comprehensive manner. Different media should be selected for different students from different places. Attention should be paid to the use of new media such as WeChat, Micro-blog, Tiktok etc. Also, a significant role should be given to interpersonal communication and mobilization of the enthusiasm of graduates to increase the popularity of a particular educational institution. Colleges and universities should reflect on themselves, correct in time, and actively establish a complete, effective, and dynamic evaluation mechanism for marketing, to improve marketing strategies, including through surveys of graduates, students, parents and other stakeholders of higher education.","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"1 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90472726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ADAPTATION MECHANISM OF THE CRYPTO INDUSTRY IN THE PROCESS OF VIRTUALIZATION OF FINANCIAL FLOWS","authors":"V. Zianko, Тetiana Nechyporenko, Inna Waldshmidt","doi":"10.32342/2074-5354-2022-2-57-6","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-6","url":null,"abstract":"It has been investigated that the development dynamics of digital media environment causes the emergence of the crypto industry on the basis of blockchain technologies and asymmetric encryption of reliable transactions. The authors state that the crypto industry has been growing through the stages of adaptation, whose features are incredible dynamics and speed of transformations. It has been established that cryptocurrencies, introduced on the markets, function as a means of exchange, store of value and unit of account, are based on mathematical calculations, are a result of these calculations and have cryptographic protection. It has been noted that the basis of cryptocurrency is blockchain technology, considered as a distributed database created by electronic computing and representing a code, whose process of creation is called mining. The advantages and disadvantages hindering the development and use of cryptocurrency in the world have been outlined. Introduction. Current trends in the development of information technology and digitalization of economic processes create an innovative basis for the functioning of the financial market. The dynamic development of the digital media environment is due to the emergence of a new digital economy – Industry 4.0, which is accompanied by virtualization of financial flows through cryptocurrency circulation in the Internet environment based on new blockchain and asymmetric encryption technologies. Problem Statement. Modern computer information technology has significantly affected the global economy and the stock markets, creating opportunities for their virtualization. Today, despite the value of scientific results, many issues of organizational, legal, financial, information support, economic stimulation of the cryptocurrency market, as well as the adaptation mechanism of the crypto industry in the process of virtualization of financial flows remain unresolved. Although studies have been conducted by many authors, methodological approaches to solving the problems of the functioning of the financial mechanism and the integral assessment of the effectiveness of the development of cryptotechnologies are still insufficiently explored. In this context, there is a need for theoretical justification and the formation of a holistic view of the role of the crypto industry in the process of virtualization of financial flows as a basis for building effective financial policy, which determines the relevance of this study. Purpose. The aim of the study is to identify the main problems and outline the directions of development of cryptocurrency in the digital economy. Materials and Methods. The study of this problem was carried out using a multi-level concept, which includes a range of various scientific methods, in particular, dialectical and general scientific principles of complex research, which include: empirical (to identify approaches available in the global and domestic practice to the assessment of trends in","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"1 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91276667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MACROECONOMIC CRITERIA OF CURRENCY AND FINANCIAL CONVERGENCE: GUIDELINES FOR UKRAINE","authors":"Anatolii Zadoia, A. Mahdich, O. Zadoia","doi":"10.32342/2074-5354-2022-2-57-1","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-1","url":null,"abstract":"The aim of this study was to identify the most problematic issues of compliance by European countries with macroeconomic convergence criteria, to determine promising ways to overcome them and to assess new opportunities that open up to Ukraine as a result of further European integration. Most research devoted to the study and achievement of monetary and financial convergence criteria focus on the candidates for joining the eurozone. However, the stability of monetary and financial system of the united Europe depends, to a certain extent, on how much the «old» members of the eurozone adhere to these criteria. That is why, the research methods included statistical data analysis of the EU member states at the time of joining the eurozone and during the last 10 years. To reveal the closeness of the relationship between individual indicators of monetary and financial convergence correlation analysis was used. It was established that the degree of compliance with the reference values of public-debt related indicators in the eurozone countries is not the same. At the time of the introduction of the euro in 1999, only in 3 out of 11 countries the debt-to-GDP ratio was below 60%. In 2021, in 12 countries out of 19 consolidated public debt exceeded the reference value. Another indicator, the ratio of the deficit/surplus of the state budget to GDP, during the period of economic stability (2014-2019), in the majority of the eurozone countries, remained within the reference value. Also, almost all of the eurozone member countries meet the criterion of interest rates convergence throughout the entire period. The analysis of the price stability criteria showed that price dynamics basically reflects the state of the economy of the EU countries as a whole. During the periods of more or less stable growth (2014-2016), almost all countries, both within the eurozone and outside it, met the criterion of price stability. Beginning from 2017, each year, 5-6 countries go beyond the criterion due to the fact that the potential of the growth phase fades and countries try to stimulate it by accelerating inflationary processes. The criterion of exchange rate stabilityty, at first sight, seems to be inapplicable for the analysis of the situation in those countries that are already members of the eurozone. However, although formally EUR to USD exchange rate may be identical in all countries of the eurozone, the ratio of the EUR real purchasing power in different countries may differ significantly. It was found that there are only few countries where purchasing power parity and the current exchange rate are quite close. It indicates that during the two decades of the EU membership, some countries still significantly lag behind the leaders, which may lead to disintegration tendencies. The currency and financial convergence criteria can become guidelines for designing a post-war economic model of Ukraine. At the same time, the specifics of the situation will force our country, d","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"160 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76766071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
EGE ACADEMIC REVIEWPub Date : 2022-11-25DOI: 10.32342/2074-5354-2022-2-57-18
N. О. Chernenko, Y. Hlushchenko, O. Korohodova, T. Moiseienko
{"title":"TEMPORAL-RETROSPECTIVE ANALYSIS OF THE DEVELOPMENT OF THE UTILITY SECTOR AND THE USE OF ENERGY IN IT","authors":"N. О. Chernenko, Y. Hlushchenko, O. Korohodova, T. Moiseienko","doi":"10.32342/2074-5354-2022-2-57-18","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-18","url":null,"abstract":"This article examines the problems associated with the formation and development of the utility sector in individual countries, as well as the use of energy in this sector. According to the temporal retrospective analysis, the authors have provided recommendations for ensuring the sustainable development of the utility sector in a variety of countries by reducing energy intensity and energy consumption, introducing green technologies, and taking into account the structure of the utility sector’s energy consumption. The article explores the dynamics of electricity production for 2012-2021 in China, the United Kingdom, the United States, and some European countries, as well as differences in the degree of electricity independence among them. These differences are reflected in the division of countries into electricity-sufficient and electricity-deficient countries, with a predominance of the latter. A study of the dynamics of energy consumption from 2012 to 2021 has been presented by the authors in order to estimate the level of fuel consumption per unit of the gross domestic product produced by the country. According to the analysis performed, the dynamic of electricity price indexes for Germany, Great Britain, Italy, and France for 2019-2021 indicates that the high cost of energy threatens both the availability of basic energy requirements for the utility sector and the competitiveness of the entire industry. Excessive energy production costs automatically increase the prices of goods and services for all utility consumers. Analysis of the dynamics of household electricity use for 2012-2021 has revealed trends towards diversification and an increase in the share of alternative energy sources in the total volume of energy consumption. The dynamics of the share of renewable energy sources in the total electricity production analyzed by the authors indicate that the provision of energy services and energy consumption should be more efficient and energy-saving. A statement of the problem of utility sector use and its connection with important scientific or practical tasks has been proposed in the article. The utility sector depends significantly on the political context and the public trust factor of society. It represents an important part of the economy and is characterized by the presence of multilateral connections with other spheres of the social economy. In many countries, the utility sector is represented by public services. Considering this, the authors have noted that it must be regulated quite strictly. Clearly defined property rights are a significant factor influencing the process of reforming the utility sector. The article stresses that one of the characteristics of the utility sector is its attachment to individual use by end users and its reliance on electricity. In addition, the authors have emphasized that scarcity of resources, relevant geopolitics, and the economy of a particular country, as well as agreements on the supply of gas","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"19 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80286330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"TRUST IN THE FINANCIAL SECTOR: A BIBLIOMETRIC ANALYSIS (1967–2020)","authors":"V. Litovtseva, T. Vasilyeva, M. Brychko","doi":"10.32342/2074-5354-2022-2-57-7","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-2-57-7","url":null,"abstract":"The sphere of trust in the financial sector, which is actively developing in the conditions of financial crises and recessions, is accompanied by a significant increase in the scientific literature that requires detailed analysis. The changes faced by trust in the financial sector over the past thirty years have remain unprecedented. Recent developments in financial technologies, blockchain, risk assessments have led to a renewed interest and rapid growth in the number of academic publications on trust in the financial domain. A number of literature reviews have been published focusing on specific aspects and trends of trust in the financial sector. However, far too little attention has been given to developing a global vision of academic knowledge about trust in the financial sector from a statistical perspective. This study was designed to provide insights and updates that have not yet been fully understood or described by other reviews in the domain of trust in the financial system by applying a thorough bibliometric (Scopus tools, Google Trends) and network (VOSviewer) analysis. This paper will make it possible to create a global picture of the phenomenon, to determine the dynamic aspects of trends from a statistical point of view, using content-contextual, descriptive, comparative, cluster, and evolutionary-temporal methods. The methodological basis of the study is a set of scientific publications indexed in the Scopus scientometric database, which were analysed using ScopusTools and VOSViewer analytical tools. A total of 1,148 academic studies published between 1967 and 2020 were analysed, including 364 authors, 158 journals, and 101 countries. By applying rigorous bibliometric and network tools, established and emergent research clusters were identified based on the key research topics and interrelations. With the help of built-in tools of the Scopus scientometric base, the main stages of scientific interest in the trust in the financial sector were determined. The most significant studies in this area by influence and citations were identified. In addition, the classification of the research on trust in the financial sector by scientific fields was considered, and the geographical centers of research were determined. A comparative analysis of Google searches showed that trust in the financial sector could be considered as one of the critical conditions for overcoming macroeconomic imbalances. Cluster analysis made it possible to identify five main clusters of scientific research. The main research findings showed that trust in the financial sector is one of the most multidisciplinary phenomena, and the keywords such as human, economy, financial management, finance, organization and management, private sector, public sector are closely related. The results of the study provide a solid roadmap for further consideration in this area.","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"85 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80472203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Valentyn H. Hnoievyi, Oleksandr M. Koren, L. Kviatkovska
{"title":"REALIZATION OF VENTURE CAPITAL POTENTIAL IN PROVIDING AN INNOVATIVE MODEL OF ECONOMIC DEVELOPMENT","authors":"Valentyn H. Hnoievyi, Oleksandr M. Koren, L. Kviatkovska","doi":"10.32342/2074-5354-2022-1-56-4","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-1-56-4","url":null,"abstract":"The article analyzes the problems arising in the process of forming a market environment for realization of the investment potential of a venture business. It has been noted a defining role of venture capital in meeting the financial needs of business in risky investments, which is based on the availability of venture companies with qualified financial management and the experience in managing innovative projects. The importance of developing global trends in the financial market as one of the most important conditions for the formation and subsequent accumulation of venture capital has been determined and the characteristic features of this process have been specified. It has been emphasized the essential role of the venture capital institution in solving macroeconomic tasks of strengthening economic growth, intensification of updates and modernization of the production base of economic entities by creating conditions for the implementation of expanded structural reproduction of capital. It has been defined also the main factors that ensure the intensification of these processes. It has been noted that venture capital is aimed at meeting the capital needs of enterprises in the processes of their implementation of the projects in their initial stages related to the research and development and commercialization of the previous results. Efficiency at these stages, supported by competent project and financial management, allows the enterprise to attract larger investment resources on milder conditions against the background of reduced investment risks. It has been concluded that there is a low demand for innovations that creates significant problems for the formation of an innovative business model. The lack of the enterprise management’s understanding of the feasibility of investing in innovation, as the main prerequisite for strengthening their competitiveness, has been identified as the main reason of this situation. The objective need for a dialectical transition of business entities to an innovative business model as their reaction to the intensification of competition and the inevitability of using such a model as the only way to ensure their competitiveness has been underlined. The necessity to intensify the role of the state in stimulating the development of venture business by applying the mechanism of state procurement for innovative products as well as budget financing for the purchase of innovative technologies developed in Ukraine for the state enterprises has been emphasized. Another form of such activation is the financing of innovative developments of small and medium-sized businesses. The role of the state is to form an appropriate impetus to increase innovation activity of the SME entities with a further reduction in the severity of such influence as the venture capital market intensifies and the state focuses on improving the institutional support of the venture business model.","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"59 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90703658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FORMATION OF RISK MANAGEMENT SYSTEM AT INDUSTRIAL ENTERPRISES","authors":"N. Riazanova","doi":"10.32342/2074-5354-2022-1-56-7","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-1-56-7","url":null,"abstract":"The presence of a significant number of different risks, which are influenced by the management of industrial enterprises and taking into account which they are forced to make management decisions has determined the relevance of the chosen research topic. Numerous theoretical and, as a consequence, practical aspects of managing various risks that accompany the operation of industrial enterprises were considered in the works of B. Barkley, R. Dembo, S. Drew, M. Frenkel, P. Hopkin and other foreign researchers, and soon also in works of numerous domestic scientists V. Danchuk, V. Nemchenko, T. Pismena, A. Sviderska, K. Semenova, K. Tarasova and other researchers. The need to implement an integrated approach to risk management makes sense not only within a single business entity, but also in the totality of established sectors and sectors of economic and industrial activities. The vast majority of characteristics that determine the nature of risk, associate it with the probability of implementation and the possibility of inflicting damage, which correlates with the definition of risk as part of the uncertainty. All actions that take place during the risk management process must be subject to continuous monitoring and be under the constant control of the company’s management. Risks must be assessed taking into account the specifics of not only the entity but the economic system in which it is integrated. Risks should be considered as a dynamic quantity that can affect the subject in both negative and stimulating ways. Risk management in industrial enterprises should be focused on identifying the causes of various risks, and the use of all factors that ensure optimal development of industrial enterprises in conditions of economic uncertainty. The existence of two concepts of risk management is substantiated: traditional and modern. The traditional concept is characterized by the fragmentary nature of risk management, episodic risk management. The modern concept is based on an integrated approach to management and continuous risk management. The implementation of dynamic models involves the use of various methodologies, such as: the use of a system of balanced scores (Balanced Score Card), the application of logistics principles in the management of certain types of risks, the transition to integrated risk management systems. Approaches to risk management at industrial enterprises are defined. The key conditions in the field of risk management are formulated, under which this process will be the most effective between the various elements of the system. Statistical and dynamic models are singled out within the approaches to risk management, the peculiarities of their application are considered. The principles of logistics are considered, based on general approaches to the procedures of response and regulation of the probability of threats in the management of risks in the enterprise, which aim to ensure the coordination of logistics functions. The conc","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"57 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76284366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perspectives on Design Thinking in Business and Innovation Ma","authors":"N. Zakharchenko","doi":"10.32342/2074-5354-2022-1-56-6","DOIUrl":"https://doi.org/10.32342/2074-5354-2022-1-56-6","url":null,"abstract":"The business world has never been more erratic or unpredictable. Competition comes not only for product, services and technology, but also for sales channels, policies, people and brand. In order to survive in today’s unpredictable world, organizations must actively create, embrace and implement new ideas. This requires the creative thinking of the entire team. The concept of design thinking allows to realize such requirements. At-present design thinking is considered as a way to solve problems of a business or organization by empathy, deep understanding of the client, the user, the consumer of goods and services. This approach to decision making helps the reduction of the risks of wasted resources and time by introducing new design thinking methods based on key aspects. First, design thinking is human-centered, it emphasizes the importance of deep learning people’s needs and lives while creating value before starting to develop solutions. Second, design thinking is a method based on the ability to create new ideas and innovate. Third, design thinking in business allows you to develop multiple options so you don’t risk everything and consider the desires of all stakeholders while still in the search phase, which means being able to manage a portfolio of new ideas. Finally, the process is iterative. It involves doing experimental research in the real world instead of doing analysis using historical data. It is a process of constantly shaping and testing prototypes and changing perceptions of current tools in the business. These and other aspects are discussed in more detail in the article and underline the relevance of the research topic. Among other issues, the article considers the concept of “design thinking”, justified the history of development, the popularity of this new type of management tool in the economic space, highlighted the main features of design thinking, the stages of implementation, the basic tools and their capabilities. The author offered to consider design thinking as a way of the decision of a certain question in other way with use of completely different approach. It is another way of thinking or product mapping, which relies on the concept of design. This can include convergent and divergent thinking, testing and phasing, examining customers’ opinions, views and tastes, and doing ethnographic research. And if all abovementioned factors are combined, this process is called design thinking. And if we add design thinking to management, we can get a number of quantitative and balanced methods of solving individual business-issues. That’s why the article reveals the specifics of using design thinking on the example of certain companies, such as RealtimeBoard, Netflix, Airbnb, and presents the results of empirical research of French companies on the scope of design thinking. Focuses on selected areas of design thinking application in different business areas (business design, human resource management, etc.). In this article is ","PeriodicalId":43307,"journal":{"name":"EGE ACADEMIC REVIEW","volume":"400 1 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73158381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}