The Content of Economic Crises and Their Impact on the Formation and Development of Personnel Potential of Enterprises Cover Image

Зміст економічних криз та їх вплив на формування та розвиток кадрового потенціалу підприємств
The Content of Economic Crises and Their Impact on the Formation and Development of Personnel Potential of Enterprises

Author(s): Denis Demchenko, Tetiana Nosova, Kostiantyn Zhadko, Oleg Kalmykov
Subject(s): Business Economy / Management, Economic development, Accounting - Business Administration, Socio-Economic Research
Published by: Центральноукраїнський національний технічний університет
Keywords: enterprise economy; economic crises; personnel potential; personnel formation; enterprise development; society; economic growth of management;

Summary/Abstract: The article discusses the essence of the economic crisis, its stages and classification, as well as the causes of economic crises. The crisis is the most important element of the self-regulation mechanism of the market economy, the life cycles in the activities of enterprises, as a form of movement of the market economy, have their focus on the crisis, in which both the limits and the driving forces of economic growth and development of enterprises are revealed. Studying economic crises at the global level will help the business community learn how to get out of them quickly and painlessly. By causing a massive moral loss of fixed capital, the crisis paved the way for large-scale investment and a new level of technology. Thus, the moral exhaustion of technology and the driving force of scientific and technological progress transform the restoration of fixed capital into synchronized reproduction on the scale of the entire economy. The crisis of formation and development of human resources is one of the most difficult problems faced by enterprises in various industries. This can lead to reduced productivity, increased employee turnover, increased conflicts, and other problems. One of the causes of the intermediate crisis is the lack of formation and development human resources and insufficient analysis of the labor market. As you know, modern society is trying to improve the standard and living conditions every day, and only this can ensure sustainable economic growth. With regard to overcoming all types of economic crisis in terms of the formation and development of human resources of enterprises, it is necessary to improve the skills of employees; acquire the competence of employees in the position held; conduct an effective personnel policy; improve corporate culture; develop a strategy for the development of staffing; manage effectively knowledge and the leader must make organizational changes. If this is done in the future, it will mean creating credit channels for commercial banks for money. However, observations show that long-term economic growth is not uniform, but constantly evolving with periods of economic instability and even crisis. The topic of the current economic crisis is very relevant, because if we do not know the cause of the economic crisis, we cannot find a way out.

  • Issue Year: 2023
  • Issue No: 10 (43)
  • Page Range: 62-70
  • Page Count: 9
  • Language: Ukrainian
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