Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)

IT Infrastructure Support for the Implementation of the Balanced-Empirical Mechanism of the Strategic Analysis and Forecasting System for Copper Industry Enterprises

Authors
Oleg Bazhenov, Oxana Sukhova
Corresponding Author
Oleg Bazhenov
Available Online 30 March 2020.
DOI
10.2991/aebmr.k.200324.138How to use a DOI?
Keywords
strategic analysis and forecasting, strategic management, organizational and methodological framework of strategic analysis, system of strategic analysis and management, balanced-empirical mechanism, IT support for strategic analysis and forecasting
Abstract

The article presents the authors’ vision of IT support for the implementation of the balanced-empirical mechanism of the strategic analysis and forecasting system for copper industry enterprises. For this purpose, the authors consistently address the following issues: 1) we introduce and briefly describe the concept of the balanced-empirical mechanism; 2) we present the elemental structure of the balanced-empirical mechanism and a flowchart of its implementation; 3) we suggest using the balanced-empirical mechanism of the strategic analysis and forecasting system for the activity of copper industry enterprises to substantiate the priorities of strategic programs. 4) we justify the use of a single information space based on the corporate portal platform as a basis for the automation of strategic analysis and forecasting system for copper industry enterprises; 5) the authors present and briefly describe their vision of the corporate portal structure as part of the automation of the strategic analysis and forecasting system for the copper industry; 6) we suggest a process automation flowchart of strategic analysis and forecasting for the activity of copper industry enterprises; The study used methods of comparative analysis and synthesis of information obtained from various sources. The authors present their vision of IT support of the strategic analysis and forecasting system for the activity of copper industry enterprises, implemented through a balanced-empirical mechanism. Wherein, the IT infrastructure is based on a single information space (a corporate portal) as the structured basis of an enterprise and the calculations. Provisions and conclusions of the presented work can be applied by the management of metallurgical holdings, metallurgical clusters and separate enterprises of copper industry to mainstream the strategic analysis and forecasting approaches of the enterprises’ activity, as well as by the regional executive authorities to find ways to increase the investment attractiveness of the region.

Copyright
© 2020, 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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Volume Title
Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
30 March 2020
ISBN
978-94-6252-941-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.200324.138How to use a DOI?
Copyright
© 2020, 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/).

Cite this article

TY  - CONF
AU  - Oleg Bazhenov
AU  - Oxana Sukhova
PY  - 2020
DA  - 2020/03/30
TI  - IT Infrastructure Support for the Implementation of the Balanced-Empirical Mechanism of the Strategic Analysis and Forecasting System for Copper Industry Enterprises
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 750
EP  - 754
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.138
DO  - 10.2991/aebmr.k.200324.138
ID  - Bazhenov2020
ER  -