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Economic and Mathematical Modeling in the Information and Intellectual Support of Management Decisions | IEEE Conference Publication | IEEE Xplore

Economic and Mathematical Modeling in the Information and Intellectual Support of Management Decisions


Abstract:

The rapid development of science and technology, as well as large-scale economic processes’ computerization are quickly changing the external and internal environment of ...Show More

Abstract:

The rapid development of science and technology, as well as large-scale economic processes’ computerization are quickly changing the external and internal environment of the enterprise. This requires a constant search for the mechanisms of enterprise management systems development and improvement aimed at sound managerial decisions, taking into account the enterprise’s mission and its human capital quality. Therefore, the purpose of the article is to study the management system and managerial decisions of the enterprise as a set of processes that support the enterprise as a whole system in a given state and transfer it to a qualitatively new prospective position by organizing and implementing targeted influences. The article offers a scientific and methodological approach to managerial decision-making based on intellectualization, standardization and managerial influences modelling. It shows the role of information in such decision-making process and in risk reduction, and proposes the scheme of managerial decision- making with the use of the information subsystem. According to the results of the study, the authors substantiate the need for management systems’ development based on improving both the human capital quality and information technology, which will contribute to the managerial decisions effectiveness and achievement of strategic goals.
Date of Conference: 15-17 September 2021
Date Added to IEEE Xplore: 01 October 2021
ISBN Information:
Conference Location: Deggendorf, Germany

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