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Qualitative Justification of Strategic Management Decisions in Choosing Agile Management Methodologies

Year: 2021
Type: article
Abstract: The study of the management system of modern companies indicates the need for a qualitative justification of managerial decisions related to the selection of methodological and instrumental approaches for their improving.It has been established that a qualitative choice of agile management methodologies is a prerequisite for the formation of universal algorithms for the automation of managerial processes and general optimization of the company strategic development processes.Agile management allows to quickly respond to processes of rapid change in the functioning environment of individual business entities and provides enterprise management with a sufficient number of managerial alternatives.The direct selection of agile management tools should be based on reliable methods, that is the basis of economic mathematical modeling.The article suggests using optimization models for choosing agile management tools based on the criterion of minimizing costs.It is proved that it is agile management with a reasonable choice of the necessary tools that can provide enterprise management with the opportunity to formulate high-quality management decisions in the context of the company strategic development.
Language: English
Open Access status: diamond
OpenAlex ID: W3129012058
FWCI: 1.711
Cites: 24
Cited by: 10
Related to: 10