Crisis condition as an object of enterprise crisis management

Anatoliy Kovalyov
Doctor in Economics, Professor, Department of Economics and Management of National Economy, Vice-rector for scientific work, Odessa National Economic University, E-mail:kovalev@oneu.edu.ua

Sergii Kartashov
PhD in Jurisprudence, Competitor of a scientific degree of Doctor in Economics, Department of Economics and Management of National Economy, Odessa National Economic University, E-mail:kartashov2004@i.ua

Cite this article:

Kovalyov, А., Kartashov, S. (2016), Crisis condition as an object of enterprise crisis management. Ed.: M. Zveryakov (ed.-in-ch.) and others [Kryzovyi stan yak obekt antykryzovoho upravlinnia pidpryiemstvom; za red.: M. I. Zveryakova (gol. red.) ta in.], Socio-economic research bulletin (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 3, No. 58, pp. 103–112.

Abstract

The basic theories, which consider the crisis as negative and positive process, are investigated in the article. The factors that lead to crises are determined. The features of the emergence of such cycles as cycles of stocks, «business cycles», the construction cycles, «long waves», Forrester cycles and partial economic cycles are researched. The existing classifications of the crisis are summarized. The essence of crisis management is given. The scientific approaches that consider crisis management are analyzed, such as management of an enterprise in the context of a general economic crisis (including the crisis of industry trends); management of an enterprise, which fell into crisis due to poor management system; management of an enterprise on the verge of bankruptcy; management during the bankruptcy period.

Keywords

crisis of enterprise; the economic cycle; crisis management; life cycle of enterprise.

JEL classification: M200, L200

UD classification: 658.5:005.334

References

1. Koshkin, V. I. (1999), Crisis management: 17-module programme for managers «Management of organization development»: 11 module [Antikrizisnoe upravlenie:17-modulnaya programma dlya menedzherov «Upravlenie razvitiem organizatsii»], INFRA-M, Moscow, 560 p. (rus)
2. Blank, I. A. (2006), Crisis financial management of enterprise [Antikrizisnoe finansovoe upravlenie predpriyatiem], Nika-centr, Kiev, 672 p. (rus)
3. Shtangret, A. M., Kopulyuk, O. I. (2007), Crisis management of enterprise [Antykryzove upravlinnia pidpryiemstvom], Znannia, Kyiv, 335 p. (ukr)
4. Zharskovskaya, E. P., Brodskiy, B. E. (2004), Crisis management [Antikrizisnoe upravlenie], Omega-L, Moscow, 336 p. (rus)
5. Rouh-Dufort, Ch. (1996), «Crises: des possibilite’ d’aprentissage pour entreprise», Rev. francaise de gestion, No. 108, p. 71.
6. Pauchant, T. S., Morin, E. M. (1996), «La gestion systemique des crises et la prevention de la contre-production», Rev. francaise de gestion, № 108, pp. 80–99.
7. Kyrychenko, O. A., Kovalyov, A. I., Shevchenko, V. V. and other (2009), Restructuring of industry in terms of the investment and innovative development of economy: monograph [Restrukturyzatsiia promuslovosti v umovakh investytsiino-innovatsiinoho rozvytku ekonomiku: monohrafiia], Dorado-druk, Kyiv, 1056 p. (ukr)
8. Kotler, Ph. (2009), Management and marketing in the age of turbulence, Huss, 2009, 128 p.
9. Kovalyov, A. I. (2006), Management of restructuring of enterprise: monograph [Upravlenie restrukturizatsiey predpriyatiya: monografiya], AVRIO, Kiev, 368 p. (rus)
10. Zveryakov, M. I. (2009), «In 2009 year our economy will live through the most difficult period of its life» [«V 2009 godu nasha ekonomika budet perezhivat samyy slozhnyy period svoey zhizni»], Stock market, No. 3, pp. 2–5 (rus)