Socio-Economic Research Bulletin 2018, 1(65), 207-216

Open Access Article

Evolutionary strategy as a method of improving the balanced scorecard of enterprise management.

Myron Sendzuk
PhD in Economics, Professor of Information Systems in Economics Department, SHEE «Kyiv National Economic University named after Vadym Hetman», Ukraine, e-mail:msendzuk@ukr.net, ORCID ID:https://orcid.org/0000-0002-5829-4633

Iryna Naumenko
PhD in Economics, Senior Lecturer of Information Systems in Economics Department, SHEE «Kyiv National Economic University named after Vadym Hetman», Ukraine, e-mail:umkaira@ukr.net, ORCID ID:https://orcid.org/0000-0001-7552-1618

Olena Derzhuk
PhD in Economics, Senior Lecturer of Information Systems in Economics Department, SHEE «Kyiv National Economic University named after Vadym Hetman», Ukraine, e-mail:elena.derzhuk@gmail.com, ORCID ID:https://orcid.org/0000-0001-6254-292XFull text PDF

Cite this article:

Sendzuk, M., Naumenko, I., Derzhuk, O. (2018). Evolutionary strategy as a method of improving the balanced scorecard of enterprise management. Ed.: M. Zveryakov (ed.-in-ch.) and others [Evoliutsiina stratehiia yak metod udoskonalennia zbalansovanoi systemy pokaznykiv upravlinnia pidpryiemstvom: za red.: M. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 1 (65), pp. 207‒216.

Abstract

The article is devoted to the application of the method of evolutionary strategy for improving the enterprise management as a type of evolutionary algorithms, namely, the completion of a balanced scorecard by the algorithm of the evolutionary strategy, which will significantly increase the efficiency of strategic and operational decision- making in the enterprise management. Theoretical and applied developments are based on research on improving enterprises balanced scorecard. The innovative computer technology of the implementation of evolutionary strategy algorithm is developed. The results of the application of the evolution strategy algorithm at the enterprise (wagon-renovating plant) are presented. Based on the results of conducted calculations the analysis is made and the propositions for improving the enterprise management system.

Keywords

evolutionary strategy algorithm; balanced scorecard; genetic algorithm; evolutionary approach; heuristic method.

JEL classification: С220; R490; DOI: https://doi.org/10.33987/vsed.1(65).2018.207-216

UD classification: 005.21-043.86:330.34:005.93

Лицензия Creative Commons
This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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