Estimation of efficiency of strategic management by macroeconomic processes

Abstract

Introduction. Modern approaches to the management of microeconomics actors are sufficiently thoroughly investigated both from the point of view of ensuring effective management, and in the context of evaluating its effectiveness. At the same time, similar managerial processes at the macroeconomic level (which are no less important) from the point of view of the formation of prerequisites and evaluation of the results remain insufficiently researched. Therefore, the actual task is to comprehend the conceptual approaches to strategic management of macroeconomic processes inUkraine and to propose a criterion for assessing the efficiency of the latter.

Goal. The article provides for the definition of a criterion for evaluating the effectiveness of strategic management by macroeconomic processes and the substantiation, based on the experiment, the reliability of the reflection of the quality of management activity.

Methods. In the scientific article to substantiate the reliability of the mapping by the proposed general indicator of the quality control of the actual state of the effectiveness of strategic management of macroeconomic processes, methods of experiment and modeling were used.

Results. Strategic management, especially macroeconomic processes, should be monitored through an assessment of its effectiveness. However, the domestic practice of strategic policy in various areas of macroeconomic processes inUkraine (including in the agrarian sector) is characterized by the absence of clearly defined criteria for assessing its effectiveness.

To date, among the achievements of researchers in the context of information and analytical provision of strategic management, two basic theories can be distinguished: a system of balanced indicators (oriented to microeconomic management) and a sufficiently general theory of management (directed mainly to macroeconomic management). The first of them, has found its practical implementation in the activities of microeconomic entities ofUkraine. At the same time, it should be noted that the approach to strategic management based on the system of balanced indicators does not contain a clear criterion for assessing the efficiency of the latter. And the management of macroeconomic processes has its own specificity - its subjects are people who are often in elective positions (hence they do not have profile management education). The latter necessitates the use of macroeconomic processes in the strategic management of a sufficiently general theory of management (based on the application of a vector of goals, a state vector, and an error of control vector).

It is precisely the use of a sufficiently general theory of management in the strategic management of macroeconomic processes to form the necessary information and analytical support for assessing the effectiveness of strategic management through the proposed "total quality management index", the method of calculation of which is based on calculations of the error vector of the control.

The range of values of the overall quality control indicator is theoretically limit range from minus infinity to plus infinity. However, practically its values will fluctuate in the range from 0 to100. Inthis case, the value 0 will characterize the situation in which the state of the object after the selected control horizon will remain unchanged compared to the starting vector of the (current) state. If all the tasks defined in the goal vector are achieved, then the value of the indicator will be equal to100. Ina situation where the over-fulfillment of the plan will occur, the quality management indicator will exceed the value in 100 conditional units. Well, the negative value of this oak index, when the actual indicators of the vector (current) in the year that the horizon of management expires, will be worse than those that were in the starting vector (current) state.

It is also worth noting that the quality management indicator consists of a set of quality management indicators in each reporting period. Therefore, the optimality criterion is not maximizing the efficiency of management in a particular specific accounting period, but maximizing the effectiveness of management throughout the specified time horizon.

Taking into account that the actual domestic practice of strategic management of macroeconomic processes is not based on a sufficiently general theory of management at present, the effectiveness of the proposed criterion for assessing the quality of management based on the experiment using the simulation method is proved.

Perspectives. In further studies, it is considered appropriate to test this indicator for assessing the effectiveness of strategic management of macroeconomic processes in practice.

Keywords: efficiency, estimation of efficiency of strategic management; strategic management, management of macroeconomic processes