STRATEGIC GUIDELINES OF THE FUNCTIONING OF THE FINANCIAL SUBSYSTEM OF THE ENTERPRISES ECONOMIC SECURITY MANAGEMENT MECHANISM
Main Article Content
Abstract
Introduction. Financial security management is carried out within the framework of the functioning of the mechanism for managing the economic security of enterprises, institutions, and organizations. However, given the specifics of the functioning of financial risks that affect the integrity and efficiency of the use of financial resources of companies, both their own and those attracted from clients, the need to clarify and specify strategic guidelines for protective mechanisms aimed at protecting economic structures from financial losses is becoming more urgent. In the management plane of Ukrainian companies, the tasks of strategic management of the development of business entities and management of the financial subsystem of their economic security system should be combined to achieve synergy of management efforts in the plane of security-oriented management.
Purpose - specification of strategic guidelines for the functioning of the financial subsystem of the mechanism for managing the economic security of enterprises in Ukraine.
Results. It has been established that the strategic guidelines for the functioning of the financial security subsystem of the economic security management mechanism of an enterprise should not contradict the general strategic goals of its existence and development, should take into account the resources available to the business entity and cover the possibilities of attracting new financial assets to the processes of financial and economic activity, and also provide for maintaining a balance of interests of the company's stakeholders, some of whom seek to make a profit, and some want the enterprise to remain in a state of relative economic security, especially in wartime. The author's vision of the strategic guidelines for the functioning of the financial subsystem of the economic security management mechanism of enterprises in Ukraine is proposed.
Originality. The following strategic guidelines for the functioning of the financial subsystem of the economic security management mechanism of enterprises are specified, systematized and described: minimizing financial risks, achieving financial independence and diversifying sources of financial resources, achieving financial stability, maintaining the liquidity and solvency of the enterprise, evaluating financial scenarios for business development, organizing the protection of digital financial information, forming financial reserves and searching for additional financial opportunities, developing a strategy for the financial development of the enterprise, and developing a financial rehabilitation plan in case of the need for financial recovery of the enterprise.
Conclusion. For the effective functioning of the financial subsystem of the enterprise's economic security management mechanism, it is critically important to focus on achieving its financial stability and independence. Minimizing financial risks requires the company's management to constantly monitor both internal and external threats, as well as the ability of management personnel to respond to them flexibly and promptly. Particular attention should be paid to protecting the enterprise's digital financial information and controlling access to it through the introduction of systems to counter cyber threats.
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