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Development of an action plan for decision implementation and determining the adaptability of the management system

Author

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  • Vadym Tuhai

    (Higher Educational Institution «Academician Yuriy Bugay International Scientific and Technical University»)

Abstract

The article explores relevant aspects of developing an action plan for implementing management decisions in the context of modern economic uncertainty. Given the increasing complexity of the business environment and the need for companies to adapt to rapid changes, creating a system of actions that enhances decision-making efficiency is particularly crucial. This study examines the main approaches to forming an adaptive action program that ensures flexibility in management processes and facilitates rapid organizational response to external challenges. The research highlights that adaptive measures should consider the organization’s specific operational context, strategic goals, and available resources. The proposed program is aimed at increasing the resilience of the company’s management system, optimizing its functional elements, and improving planning, coordination, and control processes. Special attention is given to assessing the company’s adaptive potential, which enables the identification of its most vulnerable aspects and timely implementation of corrective measures. The study analyzes both domestic and international experiences in applying adaptive management methods across various industries. Notably, it examines the use of digital tools and technologies that enhance the responsiveness of management decisions. The research findings confirm that systematic implementation of the proposed actions not only increases the adaptability of the company but also lays the groundwork for its sustainable long-term development. The article also offers methodological recommendations for adjusting the action program to dynamic changes in the external environment. The conclusions and recommendations provided in this article may be valuable to managers and specialists seeking to develop an effective adaptive management strategy that addresses the modern challenges of the business environment.

Suggested Citation

  • Vadym Tuhai, 2024. "Development of an action plan for decision implementation and determining the adaptability of the management system," Economic Synergy, Higher Educational Institution Academician Yuriy Bugay International Scientific & Technical University, issue 4, pages 220-230.
  • Handle: RePEc:bja:isteus:y:2024:i:4:p:220-230
    DOI: 10.53920/ES-2024-4-16
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    File URL: https://es.istu.edu.ua/EconomicSynergy/article/view/220/175
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    More about this item

    Keywords

    adaptability; action program; management; economic uncertainty; sustainable development; digital technologies; adaptive potential;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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