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Enterprise restructuring for competitive performance

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IMCSM_2023_Book_of_proceedings_Issue_1.pdf (31.09Mb)
Date
2023
Author
Tamošiūnas, Andrius
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Abstract
The article focuses on the diversity of concepts, approaches and perspectives of enterprise restructuring. Consequently, the author defines that restructuring processes and their management are associated not only with the specifics of enterprise activities in the markets, but also with the coordination of activities with the environment and the enterprise business strategy in the markets. If the environment in which the processes of economic activity take place is uncertain and constantly changing, then the peculiarities of the processes of restructuring enterprises and their management mechanisms are difficult to unify, but regularities are possible. As a result, the conceptual elements of the enterprise restructuring concept have been formed, and evidence of restructuring as a method of developing and implementing an enterprise strategy has been identified. The proposed criteria for evaluating the results of the implementation of enterprise restructuring design and restructuring developments make it possible not only to understand the nature, objectives, scale of the restructuring processes, but also to optimize the enterprise activities, substantially increasing the interaction of the enterprise business components (human and material resources of the company, business partners of the company, consumers) and thereby attain a greater competitiveness of the enterprise.
Issue date (year)
2023
URI
https://etalpykla.vilniustech.lt/handle/123456789/115906
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