The "Economic Strategies" journal

#3. Attraction of Diversity
2017 #3. Attraction of Diversity




Integrated Reporting Should Work for Everybody

#3. Attraction of Diversity
Integrated Reporting Should Work for Everybody

Today a new management tool is gaining worldwide popularity – integrated reporting. What is the difference between integrated reporting and ordinary corporate reporting? How is it related to integrated thinking? What companies have got the need for it? What are the advantages of using it and what are the difficulties? Henning Drager, Head of the Business Networks Department of the International Council on Integrated Reporting (ICIR), certified specialist in the field of sustainable development and rational use of natural resources dwelled on these and many other issues in his interview with “ES” magazine.

Effective Risk Management Strategy as a Basis for Economic Security of a Bank

#3. Attraction of Diversity
Effective Risk Management Strategy as a Basis for Economic Security of a Bank

This article discusses development of a strategy for banking risks management, aimed at ensuring the economic security of a bank in the current economic conditions. Banks influence functioning of large enterprises, whose successful operation provides the country’s economic security.

On Some Features of Forming the Enterprise Management System Within an Integrated Economic System

#3. Attraction of Diversity
On Some Features of Forming the Enterprise Management System Within an Integrated Economic System

Modern foreign policy and external economic situation raise the need for forming an internal integrated economic system (IES). The basic parts (enterprises) constitute the basis of the IES, and the integral efficiency of the IES functioning largely depends on the methodology of forming the system for their internal management. The article dwells on the factors that influence formation of the internal system of the enterprise management. The authors conclude that the basis for creating an optimal internal management system is the effective resolution of a natural-technological contradiction, which requires classification of enterprises by production-technological feature. This classification allows to establish the optimal ratio and practical forms of implementing the principles of centralism and democracy in the enterprise management. The possibility of realizing the principle of democratic centralism on the basis of organizing internal contractual relations in the form of “horizontal” and “vertical” contracts is considered. The article shows the possible influence of the system of internal contractual relations on the efficiency of the enterprise’s functioning and the cardinal growth of the quality of the goods produced.