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INTERNAL PLANNING AND ORGANIZATION OF INNOVATIONS IN ENTERPRISE ECONOMIC MANAGEMENT

Authors :
Людмила Дашутіна
Тянь Сюй
Source :
Економіка та суспільство, Iss 58 (2023)
Publication Year :
2023
Publisher :
Helvetica Publishing House, 2023.

Abstract

The reform of economic management systems should be recognized as a long-term process, with gradual enhancements and innovations made in practical application, ultimately promoting sustainable enterprise development. This study delves into the internal mechanics of enterprise economic management innovation, primarily examining the aspects of planning and organization, within manufacturing enterprises like Midea Group. This paper extensively explores the relationship between the formulation and management of long-term and short-term plans, the philosophy of management, the current state of production management, and the overall development strategy within the field of enterprise economic management. It primarily emphasizes the following three points: 1) Enterprises must adjust their management philosophy to align with their development trajectory, the dynamically changing market competition landscape, and the evolving contours of the contemporary environment; 2) The trajectory from low-efficiency to high-efficiency production management is closely linked to the production budget and decision-making processes of enterprises; 3) The prevalence of internal strategic management within enterprises and the optimization level of resource allocation play a pivotal role in measuring the innovation quotient of internal planning management. Simultaneously, this paper places significant emphasis on the analysis of organizational innovation structures, indicating that enterprises should establish sound management systems to enhance internal efficiency and competitiveness. Moreover, enterprises should align themselves with market dynamics and trends, avoiding risky behaviors to ensure the long-term success of economic management practices. Additionally, enterprises must continually innovate and adjust organizational structures to adapt to market changes and development requirements, thereby achieving sustained growth.

Details

Language :
English, Ukrainian
ISSN :
25240072
Issue :
58
Database :
Directory of Open Access Journals
Journal :
Економіка та суспільство
Publication Type :
Academic Journal
Accession number :
edsdoj.0c0dc701989c4a4f9bda5785195be9f4
Document Type :
article
Full Text :
https://doi.org/10.32782/2524-0072/2023-58-83