Formation of strategic budgets for effective use of human capital

Abstract

As result of research, the methodical approach to the effective implementation of strategic indicators of a balanced system of an economic entity is improved, which is based on the results of using the synergetic effect of combining a balanced system of indicators and budgeting using the transformation mechanism strategic goals of human capital, formed on the basis of the introduction of strategic maps into the system of budgets. It is proved that strategic budgeting makes it possible to reveal the relationship between the indicators of individual assessment of employees and the complex system of performance indicators of an enterprise, acting as a tool for describing the strategic objectives of each aspect of activity within the framework of a balanced system of indicators.

Authors and Affiliations

S. Bersutska, V. Zaytcev

Keywords

Related Articles

Competence-based approach in public administration: formation and evolution

The article discusses the two dominant in recent decades, the concept of public administration: New Public Management and Good Governance. They defined the content of modern administrative reforms, which began in Anglo-S...

Management of the counterparty risk of an industrial enterprise

The modern industrial enterprise has extremely complicated economic relationships with its counterparties. The insecure and dynamic relationships and interrelations, on the one hand, and the multifaceted company mission...

Factors affecting world food security

In the face of increasing global demand for food in the first half of the 21st century, world food security, which is an integral part of the sustainable development of the world, will be threatened, and that will requir...

Modernization of Ukraine: modern views and opportunities

The article shows that the priority tasks of modernization of Ukrainian society and economy are determined not only by globalization processes taking place in the world, but also by problems of neoindustrial development...

Mergers and acquisitions: selected epistemological aspects

Selection of modern company development strategies by means of endogenous or exogenous growth, is highly individualised. It is believed, in economic practice, that mergers and acquisitions are a natural way of developmen...

Download PDF file
  • EP ID EP248426
  • DOI -
  • Views 63
  • Downloads 0

How To Cite

S. Bersutska, V. Zaytcev (2017). Formation of strategic budgets for effective use of human capital. Науковий журнал "Економічний вісник Донбасу", 3(49), 178-185. https://europub.co.uk/articles/-A-248426