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THE 50-th ANNIVERSARY OF THE “KRISTALL PRODUCTION CORPORATION” JSC
ArticleName Managerial decisions, which promote to the increasing of financial indices. Experience of “Kristall Production Corporation” JSC
ArticleAuthor Moskaleva N. V.
ArticleAuthorData

“Kristall Production Corporation” JSC, Smolensk, Russia

Moskaleva N. V., Economist of Department of Planning and Economic Analysis, phone: +7 (4812) 64-67-35

Abstract

This article gives the basic conception about the requirements and peculiarities of managerial decisions, which are made in modern conditions. In terms of the stability and further provision of successful activities of Russian enterprises, the primary importance task is the development of mechanisms of managerial decisions, which promote the increasing of competitiveness. The choice of object is the most important moment in development and making the managerial decision, because the object defines the development strategy and tactics of the following activities. This object is also the basis for estimation of effectiveness of made decisions and efficiency of developed measures. For the enterprises, which seek to increase the economical activities' efficiency, it is necessary to develop the effective strategy and corresponding instruments of substantiation of managerial decisions on optimal combination of profit, cost price and production size of output production. There is considered the experience of “Kristall” Production Corporation on making the following basic managerial decisions for enterprise: capitalization of enterprise, increasing the production quality, technical re-equipment of production, and acceptance of the plan of strategic development of society for the period till 2020. This plan formulated the basic objects of society development. There was also proposed the system of measures for the transmission from the initial condition to the target condition. The elements of target condition of society are not only the high financial and economic stability, improvement of technologies and marketing strategy, but also the efficient system of personnell management and development of corporate experience. Society accepted the managerial decisions, which are confirmed by good dynamics of the basic indices of financial conditions.

keywords Managerial decisions, efficiency, process, management, production, development strategy, diamond and cut diamond industry
References

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