Objective: to develop and substantiate one of the mechanisms of corporate strategy formation of an industrial enterprise cost management. Methods: institutional, cost and systemic approaches. Results: in the article the classification of corporate strategies is elaborated in the framework of the cost management system. In accordance with the structure of the cost management system, the classification of corporate strategy is used, which is universal from the point of view of cost management: integration at the level of managerial decision-making; integration at the level of key competencies; integration at the level of cost factors; integration at integrative-cost level. Each of these types of integration involves vertical and horizontal integration. Scientific novelty: in the article the corporate strategies classification is elaborated, in the framework of the cost management system. Practical value: a holistic, systemic approach to the corporate strategy classification facilitates the search, selection and forming of optimal corporate strategy for each specific business. The main tool of this choice is the concept of cost management.