Digital Approach to Determining the Strategy of Innovative Production in the Enterprise

DOI

10.2991/iscfec-19.2019.114How to use a DOI?

Keywords

Digital economy. Losses of the production process. Innovative production.

Abstract

The digital economy is becoming a world reality, implying the transformation of all spheres of human activity and, of course, the production processes of enterprises of all industries. The article is devoted to the methods of optimal management of innovative development processes at enterprises. The concept of quality management and innovation management is delineated in the article. The indicators characterizing the economic efficiency of the enterprise innovation process are defined, the indicators allowing to determine the economic losses of the enterprise from the inconsistency of decisions on managing processes to the existing conditions of production activity, characteristic for the innovation process, are determined. Losses stem from the fact that often management decisions are made in conditions of uncertainty when it comes to innovation in the digital economy. Characteristic for innovation is the situation of uncertainty, for the adoption of management decisions in these conditions, the article proposes the use of the so-called "loss matrix", under the losses here the au-thors mean the costs arising from the inconsistency of decisions on managing the existing operating conditions characteristic of the innovation process. The example shows that, under uncertainty, the optimal management strategy is a "minimax" strategy, chosen according to the principle of "minimum possible losses".

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - D.S. Demidenko
AU  - E.D. Malevskaia-Malevich
PY  - 2019/05
DA  - 2019/05
TI  - Digital Approach to Determining the Strategy of Innovative Production in the Enterprise
BT  - Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
PB  - Atlantis Press
SP  - 403
EP  - 405
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-19.2019.114
DO  - 10.2991/iscfec-19.2019.114
ID  - Demidenko2019/05
ER  -