Institutionalization of strategic management of production facilities as a factor of effective performance of enterprises in the region (on the example of the Republic of Crimea)
The article substantiates the conditions and develops the algorithm of the institutionalization of strategic management of Crimean industrial enterprises. The principles of implementing strategic management institutionalization are delineated. The authors point out that flexibilization is a condition of providing the corresponding level of socio-economic system manageability, its functional robustness and further development. The authors have developed the logical scheme of institutional design at a production facility and the model of taking a management decision in the process of strategic management institutionalization. A conclusion is made that strategic management of businesses determines economic efficiency and, shaping the institutional environment of production facilities, extends the scope of social institutions in the region