Self-management as a tool of improvement of the quality of management of modern enterprises Cover Image

Self-management as a tool of improvement of the quality of management of modern enterprises
Self-management as a tool of improvement of the quality of management of modern enterprises

Author(s): Ilona Androshchuk, Volodymyr Lypchanskyi, Natalia Pitel
Subject(s): Business Economy / Management, Accounting - Business Administration, Human Resources in Economy, Socio-Economic Research
Published by: Центральноукраїнський національний технічний університет
Keywords: enterprise; self-management; efficiency; personnel; income;

Summary/Abstract: The paper is devoted to the study of self-management as an effective tool for improving the quality of management of modern enterprises. The modern approaches to the practice of self-management is analyzed in the paper. The place of self-management in the structure of general management of enterprises is defined. It has been established that the majority of scientific works consider self-management exclusively as a means of increasing the productivity of a specific employee, which collectively ensures increasing in the overall productivity of the staff. The hypothesis was put forward that there is a direct relationship between the practice of self-management and the indicator of the enterprise's financial income. An analysis of modern approaches to the phenomenon of self-management was carried out. The key components of self-management are defined. It has been established that currently self-management has undergone three stages of development. The first stage involves studying the experience of individuals regarding the effectiveness of various techniques in their personal work by trial and error. The second stage reveals the development of such skills as memory training and rational reading. The third stage is due to the systematization of technical knowledge of individual work. It has been established that self-management significantly affects the profitability of modern enterprises, regardless of their specifics and size. The effective methods by which self-management can have a positive effect on the company's profit are identified, namely by reducing costs, increasing motivation, expanding innovation and improving quality. The main methods that make it possible to establish the relationship between self-management and the company's financial indicators are: analysis of financial indicators, employee surveys, comparative analysis with competitors, customer reviews. The article provides examples of empirical studies that confirm the proposed hypothesis regarding the existence of a direct relationship between the practice of self-management and the company's income indicator. The main ways of self-management that could improve the quality of management at modern enterprises are proposed, namely: expanding opportunities, adaptability, innovativeness, responsibility and constant self-improvement. It has been established that self-management is a valuable tool for modern enterprises that seek to improve the quality of their management practices.

  • Issue Year: 2022
  • Issue No: 8 (41)
  • Page Range: 245-252
  • Page Count: 8
  • Language: English