The Diagnostics of the Level of Enterprise's Readiness to Implement Innovation Strategy

Journal Title: Бізнес Інформ - Year 2016, Vol 7, Issue

Abstract

The article discloses the substance of such concepts as «innovation strategy» and «diagnostics of the level of enterprise's readiness to implement innovation strategy». The article proposes a conception and an instrumentarium for a system for diagnostics of the level of enterprise's readiness to implement innovation strategy and determines that it is reasonable when the diagnostics is carried out by the following key business indicators: 1) level of technical support of the enterprise's production; 2) level of profitability of the enterprise's products; 3) level of profitability of the enterprise's innovation products; 4) share of innovative products in the total volume of marketed products; 5) self-cost of introducing innovations; 6) level of profitability from the innovation activity of enterprise; 7) productivity of labor of the personnel engaged in the innovation activity; 8) percentage of employees involved in the innovation activity. Prospects for further research in this scientific direction is development of a strategy program for management of the enterprise development in the current market conditions taking account of the level of enterprise's readiness to implement innovation strategy, which is part of the overall strategy for management of enterprise development.

Authors and Affiliations

Ruslan Skrynkovskyy, Oksana Klyuvak

Keywords

Related Articles

A Study on Features of Competitive Conditions of Regional Bank

The article is aimed to study the conditions of competitive environment of the regional market of the banking services, whose status affects the possibilities for determining strategic alternatives as to coverage of the...

Criteria Method of Analytical Stochastic Procedure of Decision Making Support

The article develops a criteria method of analytical stochastic procedure for decision making when applying the method of paired comparison. It uses properties of the stochastic matrix. The offered procedure excludes amb...

Mechanism of Self-Organisation of Segments of the Financial Market of the Country

The modern turn of economic development allows stating the fact that revolution transformations resulted in establishment of a new form of economy within the framework of the post-industrial society, which was called "ev...

Financial Thought in Ukraine as an Academic Discipline and a Component of Formation of the Professional Competence of Future Financiers

The article discusses issues of the necessary improvement of quality of training students in the direction of greater attention to the evolution of the financial economy in Ukraine, the formation and development of finan...

Definition of Market Intelligence and its Role in the Strategic Decision-Making

The article is aimed to study the essence of the concept of market intelligence as a subsidiary means to informed strategic decisions-making to effectively do business in the conditions of uncertain factors of the market...

Download PDF file
  • EP ID EP107190
  • DOI -
  • Views 118
  • Downloads 0

How To Cite

Ruslan Skrynkovskyy, Oksana Klyuvak (2016). The Diagnostics of the Level of Enterprise's Readiness to Implement Innovation Strategy. Бізнес Інформ, 7(), 96-101. https://europub.co.uk/articles/-A-107190