MANAGEMENT TOOLS TO SUPPORT THE INDUSTRY OF UKRAINE

Authors

  • Altan Ismailov National Academy of sciences of Ukraine, Research Center for Industrial Problems of Development, Kharkiv

DOI:

https://doi.org/10.30857/2415-3206.2023.1.7

Abstract

INTRODUCTION. The relevance of discussing management tools for supporting and revitalizing Ukraine's industry is of paramount importance in the context of contemporary challenges facing the country. Given the geopolitical and economic changes, Ukraine is confronted with the imperative to efficiently utilize resources and tools to support and rejuvenate its industrial sector, with the goal of establishing a resilient economy and addressing threats to national security.

RESEARCH HYPOTHESIS is that effective management of tools to support and revitalize the industrial sector can contribute to the creation of a sustainable economy in Ukraine and help the country overcome complex challenges associated with geopolitical and economic factors.

THE AIM of this research is to analyze and propose effective management strategies and tools to support and revitalize Ukraine's industrial sector, with a focus on fostering economic sustainability and addressing challenges arising from geopolitical and economic factors.

METHODS. The following methods were used for conducting the research: literature analysis, documentary analysis, system analysis, expert surveys, comparative analysis, and scenario modeling.

FINDINGS. The conducted research has revealed that effective management of tools to support and restore the industry is crucial for creating a sustainable economy in Ukraine and can help the country overcome complex challenges related to geopolitical and economic factors. The results also confirmed the importance of realistic goals, balanced resource allocation, a monitoring and evaluation system, the creation of an investment climate, and collaboration with partners for the successful implementation of recovery programs.

CONCLUSION. The conclusion of the study highlights that effective management of tools to support and restore Ukraine's industry is critically important for addressing contemporary economic and geopolitical challenges and for creating a sustainable economy. To achieve success in this endeavor, it is essential to establish realistic goals, allocate resources judiciously, implement a monitoring system, foster an investment-friendly climate, and actively collaborate with partners at both the national and international levels.

KEYWORDS: management tools; industrial support; recovery; economy; conflict; geopolitical factors; resources; monitoring; investments; collaboration.

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Author Biography

Altan Ismailov, National Academy of sciences of Ukraine, Research Center for Industrial Problems of Development, Kharkiv

postgraduate student

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Published

2024-01-10

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Section

Articles