Subject. The paper considers the role of economic reproduction in intellectual capital management, which means focusing on the management of intellectual capital reproduction factors.

Purpose. To represent some theoretical and empirical arguments in favor of the following hypothesis: if intellectual capital is an intangible resource it cannot be the object of direct administrative influence and therefore real management object is intellectual capital reproduction process.

Methodology. At theoretical part the literature sources considered on intellectual capital reproduction is reviewed by case study method. Empirical arguments are represented by the analysis of two groups of data. First, data on management decisions on intellectual capital — on their basis it is shown that measures to manage intellectual capital in practice are concerned not with intellectual capital itself, but on factors of its economic reproduction. Secondly, data on the assessment of intellectual capital of 40 developed and developing countries, derived from the NICI model, one of which components can be interpreted as an evaluation of the intellectual capital reproduction factors.

Results. The analysis allows stating that, as the level of economic development increases, the importance of the intellectual capital reproduction in ensuring the level of GDP increases.

Conclusions. The role of economic reproduction in the intellectual capital management is substantiated and thereby a new direction of studying the issues of national intellectual capital management is indicated. The results of the research could be used as a theoretical and methodological basis both for further research on the intellectual capital management and for the formation of national economic policy. 

Subject. The current moment of civilizational development can be considered as a point of bifurcation in the context of energy supply to the needs of the social and economic sector. Energy efficiency and energy security issues related to the use of both renewable and non-renewable sources of energy (hydrocarbon energy carriers, including those located in non-convective deposits) are acute. To the foregoing, the subject of research in this work is the management relations arising in the process of improving the planning system for industrial development of the resource and raw potential of the Arctic region.

Purpose. To investigate management aspects in the planning system of industrial development of the resource potential of the Arctic, to propose a methodology for assessing the prospects for the extraction of energy carriers.

Methodology. The authors used the extended analytical and prognostic toolkit, which allowed to substantively evaluate the theoretical, methodological and applied aspects of the production of hydrocarbon energy carriers from non-traditional deposits.

Results. The need for the development and implementation of modern management aspects in the planning system for industrial development of the resource potential of the Arctic based on the use of digital technologies is substantiated, as they are a platform for properly providing solutions not only to defense and economic tasks, but also a number of significant social tasks. The authors proposed a methodology for assessing the prospects for the extraction of energy carriers on the Arctic shelf, which includes the study of three key parameters (reserves and their physical availability, manufacturability and environmental friendliness of production).

Conclusions. The authors come to the conclusion that the prospects for the extraction of energy carriers in the Arctic can not be recognized at the present time to be sufficiently high; this requires the activation of interaction between science, society, business and the state, which will create the necessary technical and technological base for industrial development of Arctic deposits. In the future, the authors propose the development of specific solutions for methods of financing Arctic projects. 

Subject. The subject of the study is the methodology of a unified approach to the model of strategic management under the conditions of the knowledge economy.

Purpose. To show the possibility of integrating various modern approaches into the theory and methodology of strategic management in the knowledge management model.

Methodology. The methodology of the unified approach is based on I. Ansoff’s views on the strategic actions outlined by the author in the work “The New Corporate Strategy”. The main provisions of the knowledge economy are borrowed from the founders of this trend: Grant R., Nonaka L., SengeP., TecceD. and others.

Results. The unified model is characterized by: a unified scheme for strategic analysis, the overall strategic tools, strategic model of development system. At the same time, the work of the knowledge management model (the humanist) is based on a combination of two subsystems: education and the “soft” control. The first one plays the role of a site where there is a process of working with ideas, suggestions of staff for strategic development of the organization. The soft management creates a creative atmosphere and is governed by the synergetic regularities and tools. The latter are sufficiently simply described in strategic terms and categories. The integration of the strategic model and the knowledge management model is achieved by evolutionary way from the simple economic model of strategic behavior to the strategic planning model, then to the transitional conglomerative model and, finally, to the innovative strategic model of organizational and management content embodying the knowledge management model. To reflect the content of the strategic model, a system is proposed: “the strategy concept-strategy”. The first one plays a pivotal role and implements a competence approach to the strategy, the second one fulfills the socio-economic tasks of the organization’s development. Each of them has its own goals and content. The strategy is formulated according to the unified scheme of strategic analysis under the conditions of soft management, which is associated with the regime called as “on the edge of chaos”.

Conclusions. The mechanism is found which reflects the features of strategic management under the conditions of the knowledge economy. Further development of this methodology may consist of more detailed examination of the proposed methodology in the context of synergetic and fractal analysis. 

Subject. This article focuses on managerial thinking as the basis of management paradigm change. This problem is analyzed in the field of corporate governance.

Purpose. To discuss several problems of changes in managerial thinking in the process of corporate governance development in Russia to find the balance between the ideal model based on the worldwide recommendations and standards in corporate governance and the real needs and goals of the concrete companies.

Methodology. The authors analyze several most important specifics of corporate governance and the need for system, strategic, outstripping, non-linear, adaptable, independent, and leadership thinking. The topics discussed are based on the ideas and opinions of famous foreign and Russian authors as well as on the long practical work in the Boards of Directors of several companies and organizations.

Results. The critical look at contemporary managerial thinking especially in the corporate governance is suggested to continue the analysis and discussions on the new management paradigm of the XXI century.

Conclusions. Each transformation starts with the basic meaningful questions on the necessity and the expediency of some actions. As Russian corporate governance develops these kinds of questions become more actual. A number of Russian companies trying to follow the best practices do not have enough system thinking and synergetic vision of recommendations suggested and transformations in the management system. Now the accumulated experience induces much to rethink about creating more effective control systems. Accordingly, the practice of business education should change. 

Subject. Security is an essential element of the public (public) sector of the economy, the maintenance of which accounts for a significant amount of budgetary resources. In this area, a large number of employees are involved, implementing functions relevant to this industry and providing services.

The purpose of the article is to substantiate security as a sector of the public sector, to identify the internal links with other sectors of the public sector — education, health, culture, etc.

Methodology. On the basis of summarizing the statistics of employment in the security sector, the author has formulated the trends in the public sector in recent years. The article summarizes the experience in the execution of this function by the authorities of certain foreign countries.

Results. It is determined that the security system is extremely centralized and institutionalized mainly in containment mode, focusing mainly on the neutralization of the direct impact factors (terrorism, fires, technological accidents, etc.). But the factors of indirect influence (economic and social disparities, the violation of the rule of law and equality, physical health of the population and so on.) have not received the proper institutional design.

Conclusions. The article concludes that to ensure effective security, one should not create a single center of responsibility, since the function of risk neutralization is of no less importance in other branches of the public sector. One of the most promising ways of counteracting global risks is the mechanisms of internal selforganization of society. 

Subject. The relevance of the study is explained by the need to develop regional economic systems based on the activation of innovative processes and the use of a differentiated approach depending on the level of economic development of the territory.

The subject of this study is the regions of the national economy, characterized by a strong branch orientation.

Purpose. The author of the article attempts to develop an approach to ensure innovative development of economy on the basis of determining the strategic direction of regions development with an industry focus, by targeting the key parameters of the system. Within the framework of the stated goal solution, the method of analytical hierarchical procedure was used, allowing to decompose the investigated problem and to carry out a paired comparison of the selected development strategies.

Methodology. A grouping of indicators was carried out, the dynamics of which can be used to determine the stage of the industry life cycle, dominating in the region. Three strategic vectors of the region development were identified, taking into account the dynamics of innovative processes in the industry and contribution to the region economic development which is dominant in the economic activity, the indicators determining the stage of the industry life cycle were pointed out, the approach to identify strategic development priorities of the regional economy was proposed taking into account the most important factors. There is an approach to the prioritization of regional economic systems development strategies with paired comparisons of alternatives.

Results. The calculations allow choosing development strategies for the regional economy development with a mono-branch focus depending on the relative importance of the selected criteria.

Conclusions. The formulated provisions can be taken into account in the development of the strategy of the regional economy advanced development by enhancing innovative activity. 

Introduction, Purpose. Most of the classic and modern investment models do not take into account the crisis processes in the economy. This happens mostly because crises are not studied well enough and serious researches are to be made in this sphere.

Methods. This paper offers a model for estimating the market condition, considering the five edge states: crisis growth, growth, stagnation, recession, crisis recession. In this paper has been developed a crisis indicator, which can be the basis for determination of the crisis initial phase.

Results. A concept of a dynamic portfolio model, adapting to the market changes, has been introduced to manage market assets. Adaptation of the investment portfolio occurs according to the crisis processes in economy. Investment is understood as a process of buying assets for profit-making. The term “strategic investment” is used to refer to long-range investments. Financial assets exist in various forms and may range from almost completely safe low yield government bonds to international assets that are at much greater risk and produce more profit.

Discussion. Usually investor owns an assets bundle. A set of financial assets, bounded by a single investment strategy, is called an investment portfolio. Warren Buffett states that a profitable investment strategy should be long-ranged with selection of the right assets. For managing the market assets the authors suggest the use of the dynamic investment strategy which adapts to the crisis. 

Subject. The diversity and significance of existing different economic systems cannot be overestimated. Therefore, it is obvious that they need to be investigated, adapted, designed and used.

Purpose. The purpose of this paper is to present the results of a search study in the field of modern organizations management tools. The quality and effectiveness of managerial activity is currently determined not so much by the paradigms, concepts or principles used, but rather by the forms and content of the elements of the process activity used, and by the level of performance of professional managerial tasks.

Methodology. The research consisted in the analysis of modern developments in the field of business process management in socio-economic systems. Materials on structuring and classification of management activity from various points of view were used. A study and review of various means and methods of management wascarried out. The most common structural unit of management activity in practice and in many scientific works is the task, which is a complex of procedures for converting input information into output information, performed at a certain time with a given quality. Among the implementation tools, the methods of performing the procedures, the methods of making managerial decisions and the elements of management were chosen.

Results. The instrumental support of solving the tasks of the subprocess management of the development of managers of the organization was accomplished. Their composition is determined, the characteristic is given and features of their application are considered. It was shown the distribution of management tools for the tasks of the subprocess management of the development of managers of the organization. Practical implementation of tools to provide technologies for the application of management tasks in the organization is shown.

Conclusions. The research is valuable for teachers, managers and consultants who conduct training, retraining and development of the professional competence of managers in organizations of any profile, taking into account industry specificity. Thus, the use of management technology tools allows to improve the quality and efficiency of the activities of a modern organization. 

Subject. The justified classification gives a chance to identify the research objects easier and more complex. That is why classifications are the basis of the most practical artificial systems structure, since combining and description of the individual components relationships requires a clear understanding of the essence of these components, their properties and typical accessories.

Purpose. Enterprise business processes engineering, their formation as a system is also based on the classification. But in order to put this structure as a skeleton for enterprise information system creation the validity of interrelations types of business processes separate classes will be required.

Methodology. The article uses the approach to the construction of the classification structure of the enterprise business processes by analyzing their role and place in the aggregate enterprise process model.

Results. All the enterprise processes are suggested to subdivide into five groups: the basic business processes, the tool production business processes, support business processes, the operational control business processes, the business development processes. The topological properties and kinds of casual communication with other groups of business processes are defined for each business process group. These characteristics allow both to generate deeper classification of processes, and to analyze the degree of completeness and consistency formed in the course of numerous enterprise business processes classification.

Conclusions. The stated approach was used in the practice of enterprise information systems architectures development, to identify business processes, as well as in teaching such disciplines as modeling enterprise architecture and business processes. 

Subject. The article focuses on two perspective directions of research in theoretical managerial thought. One of the directions is social entrepreneurship that exists in the field of entrepreneurship. The other one is servant leadership that describes an emerging concept in the field of leadership.

Purpose. The purpose of the study is to formulate the tasks developing the management theory that is based on the symbiotic relationship between social entrepreneurship and servant leadership.

Methodology. The scholars introduce new methodological approach to research and contribute to the conceptual development of management. The authors analyze and consolidate the interconnection and interpenetration of social entrepreneurship and servant leadership.

Results. The article provides an overview of the main essence of social entrepreneurship and its general features. They distinguish social entrepreneurship from “traditional” one as well as from other cognate activities like “social activism”. Moreover, the work considers external and internal antecedents influencing the social entrepreneurship development. The following part of the article is devoted to the development of a new avenue in the leadership area. The authors describe fundamental changes in the management paradigm, in particular transformations in the leadership views. The article also addresses the major specifics of the servant leadership ideology and indicates the significance of servant leaders. Finally, the authors focus on the role of servant leadership in social entrepreneurship. They highlight the basic attributes that show the similar value orientations both for servant leader and social entrepreneur.

Conclusions. In conclusion, the attempt to find interrelationships of certain directions from the classic management theory would be one of the contemporary trends in management theory development. 

Subject. Management as a science has not arisen from scratch. Management history is an integral part of human history and totals thousands of years. Reasonably a surge of interest to administration issues occurred after bourgeois and industrial revolutions alongside with the class of capitalists was developing. Since their earnings directly depend on how they administer their property. The subject of this work is the economists’ views of that time on the problems of enterprise management.

Purpose. The purpose of the article is twofold. 1. To find out what the economists of the 18th and 19th centuries thought of running the enterprise, what problems they considered relevant. 2. The overwhelming majority of management textbooks rightfully begin with the presentation of concept and achievements of management scientific school. However, many thoughts and ideas of managing the enterprise effectively were formulated much earlier. Therefore, the second goal of the article is to reveal the contribution of scientists of this period to the later science of management. The management thought topics of the capitalism development period have not been fully presented in the Russian science. The given article does not claim to cover the topic in detail, but is an attempt to contribute to filling this scientific gap.

Methodology. Examination and analysis of the economic works of 18th and 19th centuries (by both scientists and practitioners), their views systematization on the problems of enterprise management.

Results. In the result of the analysis it has been shown that the scientists and practitioners of that period realized the necessity of planning, organizing, accounting and controlling at an enterprise. They considered the issues of human resources management and motivation, social responsibility of business. The concept of entrepreneur and the entrepreneur professional capacities were widely discussed.

Conclusions. The foundations of management as a science were laid due to consideration of a wide range of issues by scientists and entrepreneurs of that period. These investigations became a basis for further development of management (both as a social phenomenon and as a science) in the 20th century.