List and characteristics of the main development strategies

  • Oleksandra Kononova Prydniprosvka State Academy of Civil Engineering and Architecture24a Chernyshevska str., Dnipro, Ukraine, 49600, Ukraine
  • Yuliia Prymush Prydniprosvka State Academy of Civil Engineering and Architecture,24a Chernyshevska str., Dnipro, Ukraine, 49600, Ukraine
Keywords: development, construction, strategy, approach, classification.

Abstract

There is widespread the agreement among scientists that development is a multidimensional phenomenon, with economic, political, and social aspects, and that the different dimensions of development are interconnected with one another in complex ways. The fact that these different dimensions exert causal influences on one another would suggest that policymakers, dealing with issues of national development need to integrate economic, political, and social approaches, and to think strategically about how to achieve their goals.

Strategic thinking implies prioritization and sequencing, seeking to do first that is necessary or helpful to achieve later goals.

A strategy begins by defining a clear objective, and then assesses constraints that prevent the achievement of this objective. Strategic thinking looks at alternative pathways that get around those constraints; if this is not possible, it requires the redirection of energies to other goals that are more realistically achievable [1, 2].

In the current conditions, one of the decisive aspects of the functioning of economic systems (enterprises, industries, economics) is the choice of the areas of development, designed and substantiated at the strategic level within the framework of a certain management entity. The need for the most appropriate and optimal choice of development strategies is actualized through the continuous influence of the environment, which is undergoing more rapid changes in the 21 century, has rather complex manifestations, associated with new globalization, information and communication challenges.

The scientific novelty of the proposed approach is that we take into account the best scientific interpretations regarding this issue, universalize the provisions of contemporary scientific thought in the definite aspect of the study, point out the innovative areas characteristic of the practice of the entities activity in the industry.

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Author Biographies

Oleksandra Kononova, Prydniprosvka State Academy of Civil Engineering and Architecture24a Chernyshevska str., Dnipro, Ukraine, 49600

PhD, Associate Professor

Department "Accounting, Economy and Human Management Enterprise"

Yuliia Prymush, Prydniprosvka State Academy of Civil Engineering and Architecture,24a Chernyshevska str., Dnipro, Ukraine, 49600

PhD, Associate Professor

Department "Accounting, Economy and Human Management Enterprise"

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Published
2019-06-25
How to Cite
Kononova, O., & Prymush, Y. (2019). List and characteristics of the main development strategies. Technology Transfer: Innovative Solutions in Social Sciences and Humanities, 10-12. https://doi.org/10.21303/2613-5647.2019.00926
Section
Business, management and accounting