THE ENTERPRISE STRATEGIC MANAGEMENT THROUGH THE SUSTAINABLE DEVELOPMENT CONCEPT

  • Svitlana Pilipenko Simon Kuznets Kharkiv National University of Economics
Keywords: sustainable development, components and attributes, developmental principles, system of sustainability indicators, sustainable development strategy

Abstract

The article aims to describe the theoretical aspects of the enterprise sustainable development strategic management modeling. The economic essence and content of the sustainable development concept as a new model of economic development, social equality, and environmental sustainability are determined. It is offered to achieve the enterprise development sustainability through a comprehensive approach that connected the economic, ecological and social activities. Only the combination of these components gave the enterprise possibility for sustainable development maintaining. The elements of the sustainable development methodology have been characterized. The main approaches to the «enterprise sustainable development» concept determining have been analyzed. The problem of sustainable development principles involving into the industrial enterprise management has been researched. The list of sustainability indicators for enterprise development was offered and divided into relevant components. Usage of given indicators allows estimating the level of sustainable development goals achievement. In the economic sphere, it could be the growth of incomes and increase of volumes of production in conditions of optimum use of resources and provision of human needs. In the ecological sphere, it could be the reduction of environmental pollution, environmental protection, and restoration, the implementation of ecological development principles to the production function. In the environmental sphere, it could be the improvement of the quality of work and life of the population, the observance of human rights, the emotional and cultural development, and the provision of equal opportunities for achievement of material, ecological and social well-being. These goals realization requires the development of an enterprise sustainable development strategy. The attributes, problems, principles and general recommendations for long-term enterprise sustainable development have been defined. The mechanism of strategic enterprise management based on the sustainable development concept has been proposed. This mechanism provides an opportunity to coordinate and satisfy the interests of the variety of owners and stakeholders. It also helps to satisfy the needs of enterprise functioning. The existence of such a mechanism gains the possibility to protect the environment, to develop the social sphere, to consider the influence of different external and internal factors, etc.

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Published
2020-09-22
How to Cite
Pilipenko, S. (2020). THE ENTERPRISE STRATEGIC MANAGEMENT THROUGH THE SUSTAINABLE DEVELOPMENT CONCEPT. Economy and Society, (21). Retrieved from http://economyandsociety.in.ua/index.php/journal/article/view/33
Section
ECONOMY AND ENTERPRISE MANAGEMENT