Strategic Focus as a Tool to Ensure Economic Stability and Security of Non- Financial Corporations as Socio-Economic Systems in Modern Russian Economy
Strategic Focus as a Tool to Ensure Economic Stability and Security of Non- Financial Corporations as Socio-Economic Systems in Modern Russian Economy

Summary/Abstract: Considering potential threats to the economic security of non-financial corporations in the Russian Federation (RF) caused by inefficient strategic management, this article aims to develop a conceptual model of a strategy which would ensure the economic stability. The study is based on the statistical method that enabled to reveal a negative trend in the development of non- financial corporations in the current economic situation in Russia, this trend being a destabilizing factor of social and economic stability. The method of structural and logical simulation was used to develop a structural- logical model of long- term economic stability of non- financial companies seen as socio- economic systems. The strategic focus of the socio-economic systems is defined as a specific target- oriented category that allows assessing the shifts in the economic stability of the system. Thus, it is possible to say that the strategic focus is an indicator of quantitative and qualitative criteria of socio- economic systems performance. This idea enabled the authors to form a complex structural- logic “Model of economic stability and security of non- financial companies as socio- economic systems”. The method of monitoring and evaluating economic stability and security of socio- economic systems forms the basis for this structural- logical model. Such an approach allowed the authors to indentify whether the current strategic targets of socio- economic system are achieved. The findings were analyzed to form the conceptual provisions. Thus, this concept can be used to develop economic stability monitoring and management techniques considering the strategic aspect of the socio- economic systems operation in modern conditions. Besides, the findings of the research enabled to improve the methodology of strategic management and to ensure stable development of the real sector of the national economy.

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