Issue: № 10, 2025
Doi: https://doi.org/10.37634/efp.2025.10.10
Introduction. In the modern business environment, characterized by rapid technological progress and intense competition, the success of enterprises largely depends on the effectiveness of their strategic management systems. Strategic management plays a crucial role in ensuring the long-term sustainability and competitiveness of an organization by aligning its objectives, resources, and market opportunities. The purpose of the paper is to substantiate theoretical and practical approaches to the formation of strategic management mechanisms that enhance enterprise competitiveness. Results. The research presents a comprehensive methodological framework based on analysis, comparison, and generalization. It systematizes the stages of enterprise competitiveness management, including planning, development of management methods, their formalization, and implementation through communication channels. The paper outlines how competitiveness can be improved through innovation, technology adoption, cost optimization, quality enhancement, and the development of unique products and services.The results indicate that strategic management should not only focus on internal organizational processes but also actively respond to external challenges through adaptive strategic planning and forecasting. The proposed adaptation model of strategic management includes four key components: analysis and forecasting, strategic planning, organizational changes, and other supporting methods. The study also identifies practical tools such as strategic partnerships, international expansion, digital transformation, and participation in government programs as effective instruments for increasing competitiveness. Conclusion. Strategic management serves as the foundation for sustainable enterprise development and competitiveness. To remain successful in a rapidly changing market, enterprises must implement adaptive management systems capable of responding to global challenges, technological shifts, and customer expectations.
Keywords : strategic management, opportunities, competitiveness, enterprise, digital transformation
References:
1. Porter M. E. Competitive Advantage: Creating and Sustaining Superior Performance, 2008. 592 p.
2. Gai W., Lei Z., Chun C. Evaluation of Manufacturing Competitiveness of Hubei Province Based on Stochastic Frontier Analysis. Discrete Dynamics in Nature and Society, 2021.
3. Kang S., Youn Kue Na. Effects of Strategy Characteristics for Sustainable Competitive Advantage in Sharing Economy Businesses on Creating Shared Value and Performance. Sustainability. 2020. Vol. 12. Issue 4. URL: https://doi.org/10.3390/su12041397
4. Wheelen T.L., Hunger J.D., Hoffman A.N., Bamford C.E. Concepts In Strategic Management and Business Policy. Globalization, Innovation and Sustainability. In Global Edition. Pearson Education Limited. United Kingdom. 2018. 42 p.
5. Belso-Martinez J.A., Diez-Vial I. Firm’s strategic choices and network knowledge dynamics: how do they affect innovation? Journal of Knowledge Management. 2018. Vol. 22. Issue 1.
6. Jianhong He, Bai Yusong, Zhang Shiyun. Network Capability, Innovation Strategy, and Innovation Performance. American Journal of Theoretical and Applied Business. 2016. Vol. 2. Issue 3. pp. 13-19.
7. Harrington J., Ottenbacher M.C. Strategic management. International Journal of Contemporary Hospitality Management, 2011. Vol. 23. Issue 4. pp. 439-62.