CRISIS PHENOMENA AT MECHANICAL ENGINEERING ENTERPRISES: CAUSES, PROBLEMS OF ANTI-CRISIS MANAGEMENT, WAYS TO OVERCOME

Keywords: economic crisis, crisis, crisis phenomena, machine-building enterprise, anti-crisis management, monitoring, strategy, anti-crisis potential.

Abstract

Today's situation in Ukraine has a negative impact on the engineering industry. Political and economic instability, the war in the east and the global financial crisis have led to a systemic crisis in the national economy. The set of negative factors that prompted the crisis processes require the creation and application of a mechanism of crisis management, based on a comprehensive analysis of the dynamics and factors of their occurrence. The crisis as a phenomenon in the machine-building enterprise is caused by poor management and strategy of the organization, ineffective efforts to maintain a competitive position in the market. The conceptual apparatus on the research topic is considered in the article. A socio-economic analysis of the state of the machine-building industry has been carried out. External and internal factors of crisis phenomena at the enterprise are considered. The types of crises that occur in the engineering industry have been identified. The relationship between anti-crisis crisis management as an anti-crisis potential for overcoming crises is described. Crisis phenomena were identified on the example of an individual enterprise. Features and conditions that determine the effectiveness of the mechanism of crisis management in machine-building enterprises were considered. It was found that the anti-crisis management of the enterprise is also influenced by additional factors that are formed on certain grounds: scale, condition, causes. It is established that the main anti-crisis potential includes the following components: production, financial, resource, organizational and managerial, information, labor. The main ways of counteracting crisis phenomena at the enterprise of PAT AK «Bohdan Motors» are considered. The main causes of the crisis were identified at the analyzed enterprise and the problems of anti-crisis management were identified. It was found that effective incentives for crisis management will be: insurance of financial risks to cover the equity deficit, taking measures to achieve receivables, reducing financial transactions in the most risky areas of activity, the introduction of crisis rehabilitation and restructuring.

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Published
2020-12-30
How to Cite
Shvets , Y. O., & Sisoeva , P. K. (2020). CRISIS PHENOMENA AT MECHANICAL ENGINEERING ENTERPRISES: CAUSES, PROBLEMS OF ANTI-CRISIS MANAGEMENT, WAYS TO OVERCOME. Bulletin of Zaporizhzhia National University. Economic Sciences, (4 (48), 39-43. Retrieved from http://journalsofznu.zp.ua/index.php/economics/article/view/1770