Problems of Decision Making in Business Systems by the Example of Modern Russia’s Industry

Abstract

Despite certain studies in the given sphere, the issues of systemic organization of management of business decisions, aimed at increase of competitiveness of products of the studied sphere, are not elaborated in the Russian theory and practice. At present, the task of formation of a completely new theoretical and methodological basis of production management, improvement of existing and development of modern mechanisms, methods, and technologies of design and efficiency management of business decisions, which allow increasing competitiveness, becomes a top priority in activities of any company. This is confirmed by active development in international practice of the systems of management and support for products’ life cycle. These technologies are oriented at flexible high-tech production with wide usage of automatized systems of production and complex technological processes. A special role in scientific development of the issue of increase of effectiveness of management of industrial companies belongs to studies on creation of integrated production systems and application of new technologies of management, which are based on increase of products’ quality. These issues are especially topical for domestic manufacturer. The key components of competitiveness of an industrial company are innovational and technological development of productions, creation, and development of new organizational and institutional forms, strategic partnership of participants of production and technological chain, and emphasis on quality and safety of manufactured products.

Citation

Kuznetsov, V.P., Garina, E.P., Andryashina, N.S. and Romanovskaya, E.V. (2019), "Problems of Decision Making in Business Systems by the Example of Modern Russia’s Industry", Popkova, E.G. and Chesnokova, A.V. (Ed.) The Leading Practice of Decision Making in Modern Business Systems, Emerald Publishing Limited, Leeds, pp. 27-33. https://doi.org/10.1108/978-1-83867-475-520191004