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Economics/6. Marketing and management

 

Lapina O.N., Trusova T.V.

South-Russia State University of Economics and Service, Russia

Concept of Enterprise Success

 

         Success is the basic concept of the economy. However, despite all the efforts of the economists to find its criteria, they have not been able to find an unambiguous answer yet. Scientists distinguish some strategies of management that can help the enterprise to achieve success. Recent research shows that some scientists use the method of induction in order to find convincing criteria of success: characteristics of profitable companies are summed up as general principles of the company management. The advantage of this approach is that it is practicable and the values are measured and tested in real companies. However, it is important to understand that selection criteria for businesses to be considered “successful” ones and success components that have been studied are subjective as they are the result of observations made within consulting projects. It should be taken into account that they are only effective at the given period of time and success in the past does not guarantee success in the future.

         The analysis of the development of the companies that used to be successful helps to reveal the problems of the method of induction.

         Such analysis was made, for instance, by McKinsey together with H. Shultz, the professor of the Technical University, Darmstadt, on the basis of German machinery companies. The analysis helped to make a fundamental conclusion: there are different strategies that can be considered a “gear lever” of success rather than any patented recipe for success.

         The analysis of the organizational culture always raises a lot of questions: which culture or cultures the company belongs to, whether the organizational culture is typical for the given industry, which specific features of the culture support  the existing strategy and which do not support it, how to change the culture if required by the changed strategy of the company.

         The 7 C model illustrates close relationship of the company and corporate culture and, in general, the interdependence of all the elements of the organization.

         Characteristic elements of the model are:

·       Strategy. The course on the allocation of scarce resources to achieve goals in a given term.

·       Structure. Description of the organizational charts and job descriptions.

·       Systems and procedures. Description of processes and establishment of procedures (i.e. planning system, method of acceptance and approval of decisions, quality control, etc.).

·       Personnel structure. “Demographic” characteristics of the major categories of personnel.

·       Management style. Actions of chief executives of the company taken in order to achieve the company objectives.

·       Staff skills. Abilities that distinguish the staff and the firm as a whole, the so-called key competences.

·       Corporate culture. Important values and fundamental concepts (philosophy of the firm) that are brought home to all employees.

         7C model proves that you cannot change one without changing another. Thus, it is impossible to change corporate culture without changing the strategy and vice versa.

         Reasonably established management structure determines its effectiveness as it provides stability of relations between the numerous components of the object of management and ensures the integrity of the system. It connects all elements of the system into a single whole, significantly influences the forms and the organization of planning, operational management, ways of organization of work as well as its coordination, makes it possible to estimate and compare the results of the activity of each component of the system.

         Experts all over the world are scratching their heads in search of the concept of business success. Many theoretical or close to practice approaches have appeared. An expert group of American executives brought together characteristics of a successful enterprise of the future. They promote “mobile enterprises”. Such enterprises have three distinguishing features: constant changes, fast response and advanced concept of quality.

         1. Constant changes. Superiority in competition can no longer be measured by years or months, but by weeks. The entire production system cannot remain unchanged; it must constantly be adapted to the changing conditions. Thus, information management becomes the administration of changes. Stable for many years hierarchical organizational structures are hardly able to understand and even less able to implement these changes. According to experts, for the continuous renovation of an enterprise it is required to follow five basic principles: to have a long-term objective;  to see the ways of achieving it; to compare required and available resources;  to have a strategic plan for their development; to have a radical program of staff training and development.

         2. Fast response. The ability to react fast can be achieved through intensive process of cooperation within the enterprise and outside it. Such cooperation cannot be developed without confidence in the abilities and reliability of the partner. Information monopoly cannot and should no longer exist. It also applies to the company culture.

         3. Advanced concept of quality. Product quality is not defined just by the lack of defects. A product is only a material basis of the relations between a customer and a supplier. All aspects of these relations should in future meet deep understanding of the quality of a product. Customers more and more often prefer quality to a cheap price.

         Methods of people management and the political situation in the society are considered to be an important condition of the three factors of success.

         The problem of choosing the   type of an enterprise management structure has become very urgent for companies in modern Russia. The vast majority of failures in the production management are primarily due to imperfections in the organizational management structure. At the dawn of the modern Russian business this problem concerned very few people, as most new companies used to have a small number of employees and therefore were easy to manage. At that time the most common were so-called “flat” structures when the manager of the company worked with subordinates directly, without intermediaries.  However, with the increase of the number of employees single management became impossible and so called “vertical” structure came into being. The simplest two-level “vertical” structure is now the most widespread management structure among Russian companies as it is much more flexible and capable to respond to changes much faster than other structures. In such systems, information is less susceptible to distortion, since communication channels are shorter and its transformation during the transition from one level of management to another is minimal.

         Reasonable choice of the type of the organizational structures depends on the profound analysis of many factors: availability of computer equipment for the analysis of the structures, strategy of enterprise development, volume of the work and the production experience of management personnel. The simplest and most frequently used method for choosing the organizational structure is the study of the structures of the similar successfully developing enterprises. Another method is that the development of a new structure is based on the recommendations of professional consultants and experts. The methods of objective structuring and organizational simulation are less commonly used.

         Any, even the most perfect structure of management, is bound to change and improve further. The sooner the management staff will realize the need for these changes, the more effective the management process will be, the less the threat of stagnation and regress of the system. The reason for the inevitability of new organizational relations and corresponding structures of management lies in constant development and redistribution of the functions between the elements of the management system, obsolescence of the structure and scientific and technical changes.

         The effective organizational structure, which corresponds to dynamic changes in the environment, is capable of solving the following problems:  coordination of the work of all functional services of the enterprise, clear definition of rights and liabilities, as well as powers and responsibilities of all participants of the management process. The timely correction of the structure enhances the effectiveness of the enterprise.  The reasonable choice of the organizational structure largely determines the management style and the quality of production processes.

         The study of successful solution of practical problems using specific techniques of the organization of mental activity, the study of various concepts of achieving success gradually evolved to the analytics concept.  Its starting points are the methods of productive practical activity, which include “concepts of success”.

 

References

1.     Grabaurov V.S. Information technology for managers. – M.: Finance and statistics, 2008.

2.     Molodchik A.V. Management: strategy, structure, personnel. – M.: HSE, 2004

3.     Larichev O.I. Decision-making theory. -M.: ISA RAS, 2009