Methodological approaches to assessing the effectiveness of strategic plans of a mining and metallurgical company

The article is devoted to the study of the impact of environmental responsibility challenges on strategic planning of mining and metallurgical companies. The need to develop approaches to assess the effectiveness of target indicators of strategic plans of companies in the mining and metallurgical sector and take into account the specifics of their activities and priorities for future development is established. An overview of existing methods for assessing strategies is presented, key priority areas for the long-term development of mining and metallurgical companies are identified. A comprehensive methodology for the industry is proposed, including the principles of a balanced scorecard and key performance indicators in financial, operational, environmental and technological areas. A system of indicators for assessing the effectiveness of the strategic plan of enterprises has been developed, taking into account the criteria of operational efficiency, market indicators, criteria of innovative-technological and environmentally oriented development.

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Publication Details

Journal
Vestnik of Samara University Economics and Management
Published
2024-12-24
DOI
https://doi.org/10.18287/2542-0461-2024-15-4-149-165
Citations
1
Primary Topic
Engineering and Environmental Studies
Type
article
Field-Weighted Citation Impact
0.34
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article

Methodological approaches to assessing the effectiveness of strategic plans of a mining and metallurgical company

Alexander E. Nevolin
1 citations
Vestnik of Samara University Economics and Management
Engineering and Environmental Studies
0.34
article

Methodological approaches to assessing the effectiveness of strategic plans of a mining and metallurgical company

Alexander E. Nevolin
article en
1 citations

Abstract

The article is devoted to the study of the impact of environmental responsibility challenges on strategic planning of mining and metallurgical companies. The need to develop approaches to assess the effectiveness of target indicators of strategic plans of companies in the mining and metallurgical sector and take into account the specifics of their activities and priorities for future development is established. An overview of existing methods for assessing strategies is presented, key priority areas for the long-term development of mining and metallurgical companies are identified. A comprehensive methodology for the industry is proposed, including the principles of a balanced scorecard and key performance indicators in financial, operational, environmental and technological areas. A system of indicators for assessing the effectiveness of the strategic plan of enterprises has been developed, taking into account the criteria of operational efficiency, market indicators, criteria of innovative-technological and environmentally oriented development.

Vestnik of Samara University Economics and ManagementVol. 15(4)
Kola Science Centre (RU)
Openalex Percentile: Top 36%
Engineering and Environmental Studies
0.34
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