THE CONCEPT AND IMPLEMENTATION MECHANISM OF INDUSTRIAL ENTERPRISES RESTRUCTURING

Abstract

Objective: to define the term "restructuring", to analyze the effects of economic restructuring mechanism. Methods: situational and economic-statistical analysis methods were applied. Results: the author considers the concept of "restructuring", basing on the analysis of definitions, proposed by other researchers. It is proved that the choice of the structural change method should be justified from the point of view of the properties of organizational structures, criteria, objectives, strategies of the enterprise development. Basing on a survey of managers and employees of industrial enterprises, the author systematizes problems hindering structural changes. Scientific novelty: definitions of different scientists in the studied sphere of activity are analyzed and systematized, the notion of "restructuring" is detailed on that bases. Practical value: is manifested in the opportunity for the industrial enterprises to choose the most optimal approach to restructuring on the basis of the analysis of existing approaches to the restructuring mechanism implementation.