Integration of Strategic Management with Mechanisms for Creation of Basic Virobery Funds in a Strong State

By aligning the management and reproduction of fixed assets with business objectives, organizations can maximize the value of their asset investments, increase competitiveness, and achieve sustainable growth in today's dynamic business environment. The paper defines that by understanding the role of different types of fixed assets in business operations, organizations can prioritize investments, allocate resources effectively, and support long-term growth and profitability, consistent with the overall theme of fixed asset management and its importance to success strategies. It is noted that depending on the chosen strategy, an enterprise can focus either on maintaining existing capacities (simple reproduction) or on their renewal or expansion. Key strategies include comprehensive asset tracking and documentation, leveraging technologies such as the Internet of Things to monitor and collect data in real time, integrating asset management with ERP systems for centralized data management and analysis, adhering to accounting standards and regulations to ensure compliance and transparency, conducting a total cost of ownership (TCO) analysis to make informed asset investment decisions, and aligning asset management practices with overall business objectives to maximize value and support strategic goals. By implementing these strategies, organizations can improve operational efficiency, reduce risk, and achieve long-term success in managing their assets, which is ideally suited to the topic of asset management and its importance to effective development strategies. Integrating strategic management with asset replacement requires ongoing monitoring and evaluation of investment effectiveness. It is necessary to analyze the impact of equipment upgrades on labor productivity, product costs, and overall profitability of the enterprise.

Authors

Institutions

Publication Details

Journal
Economic Herald of the Donbas
Published
2025-01-01
DOI
https://doi.org/10.12958/1817-3772-2025-2(80)-112-117
Primary Topic
Economic and Business Development Strategies
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Integration of Strategic Management with Mechanisms for Creation of Basic Virobery Funds in a Strong State

Sergіy Kalinichenko
Economic Herald of the Donbas
Economic and Business Development Strategies
article

Integration of Strategic Management with Mechanisms for Creation of Basic Virobery Funds in a Strong State

Sergіy Kalinichenko
article en

Abstract

By aligning the management and reproduction of fixed assets with business objectives, organizations can maximize the value of their asset investments, increase competitiveness, and achieve sustainable growth in today's dynamic business environment. The paper defines that by understanding the role of different types of fixed assets in business operations, organizations can prioritize investments, allocate resources effectively, and support long-term growth and profitability, consistent with the overall theme of fixed asset management and its importance to success strategies. It is noted that depending on the chosen strategy, an enterprise can focus either on maintaining existing capacities (simple reproduction) or on their renewal or expansion. Key strategies include comprehensive asset tracking and documentation, leveraging technologies such as the Internet of Things to monitor and collect data in real time, integrating asset management with ERP systems for centralized data management and analysis, adhering to accounting standards and regulations to ensure compliance and transparency, conducting a total cost of ownership (TCO) analysis to make informed asset investment decisions, and aligning asset management practices with overall business objectives to maximize value and support strategic goals. By implementing these strategies, organizations can improve operational efficiency, reduce risk, and achieve long-term success in managing their assets, which is ideally suited to the topic of asset management and its importance to effective development strategies. Integrating strategic management with asset replacement requires ongoing monitoring and evaluation of investment effectiveness. It is necessary to analyze the impact of equipment upgrades on labor productivity, product costs, and overall profitability of the enterprise.

Economic Herald of the Donbas(2 (80))
Institute of Electronic Measurements KVARZ (Russia) (RU)
Openalex Percentile: Top 64%
Economic and Business Development Strategies
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Integration of Strategic Management with Mechanisms for Creation of Basic Virobery Funds in a Strong State — Sergіy Kalinichenko · Economic Herald of the Donbas (2025) | TGRS Research Map | TGRS