Organizational Support for Industrial Restructuring at Metallurgical Enterprises

Introduction. The scientific provisions concerning the management and coordination of structural changes, the reformation and restructuring of domestic industrial enterprises are sufficiently substantiated in the scientifi c works of well-known foreign and domestic scientists. In addition to the transformational models that o ffer a specific sequence of restructuring steps aimed at adjusting the enterprise, in the theory and practice of management, in recent years, many approaches have been developed to provide restructuring aimed at the development of the enterprise. However, the theoretical basis for the emergence of the need for industrial restructuring, in particular in the metallurgical industry, ha s certain gaps. To date, the problem of the modernization of production, restructuring of the industrial, organizational, managerial structures of metallurgical enterprises has become extremely acute. The solution of problematic issues requires the introduction of changes to the tools for ensuring priority directions of transformation transformations, construction of models for the development of the metallurgical enterprise. The research focused on the problem of ensuring the industrial restructuring of the metallurgical enterprise from the point of view of determining the organizational efficiency . The purpose of the study is to improve the methodology for determining the effectiveness of industrial restructuring, aimed at the development of metallurgical enterprises. In order to achieve this goal, the scientific works of domestic scientists on the mentioned problem were analyzed. The statistical data of the State Statistics Service of Ukraine served as the basis for analysis. Theoretical and methodological basis of work is a set of principles and methods of scientif ic research: the principle of systematization and theoretical generalization, methods of comparative analysis, structural and functional analysis. Results of the influence of factors hindering the implementation of transformational transformations in metallurgical enterprises are analyzed. The indicators of activity of industrial enterprises, in particular, enterprises of t he metallurgical industry, are investigated and systematized; the indicators of the dynamics of transformation and structural changes of industrial enterprises of Ukraine are determined. The methodical approach to modeling the development of an industrial enterprise based on the provision of restructuring is proposed. Conclusions. The development of the metallurgical industry is the basis for increasing the sustainability of the national economy and the quality of life of the population of the industrial regions of the country. Scientific r esearch shows that one of the main factors in the development of industrial enterprises is the reduction of resistance to changes and the implementation of restructuring mechanisms for industrial enterprises. Accordingly, there are many approaches to implementing transformational changes that involve the use of tools and methods for organizing activities in order to ensure optimization of economic activity. In this study, the degree of activity of metallurgical enterprises in terms of the transformation transformations carried out was analyzed. The analysis show that the share of industrial enterprises, where the processes of reorganization took place, remain low. The implementation of the methodological approach to modeling the development of an industrial enterprise on the basis of the restructuring provided in this study will increase the competitiveness of the steel enterprise.


Організаційне забезпечення промислової реструктуризації на металургійних підприємствах
Анотація. Координація структурних змін, реформування вітчизняних промислових підприємств надзвичайно цікавить сучасних вчених та практиків. На сьогодні гострою є пробле ма реструктуризації металургійних підприємств. Рішення щодо впровадження трансформаційних моделей реструктуризації мають важливе значення для підвищення конкурентоспроможності підприємства. Вирішення проблемних питань потребує внесення змін до інструментарію забезпечення пріоритетних напрямів трансформаційних перетворень, побудови моделей розвитку металургійного підприємства. В цьому дослідженні актуалізовано проблему забезпечення промислової реструктуризації металургійного підприємства з позиції визначення організаційної ефективності. Метою  Introduction. The metallurgy industry is extremely important for Ukraine, it is one of the main donors of the budget and has a sufficiently high export potential [14; 17; 21]. Its development directly depends on the approaches related to the implementation of organizational and economic changes. As well as the process of implementation of appropriate organizational and managerial transformations, which involves the use of new technologies, tools and methods for organizing activities and enterprise management systems, in order to ensure optimization of economic activity. Ukraine is a country with a favorable territorial location, resource, production and infrastructure capacity [9]. The main task of the development of metallurgical enterprises is the dynamic growth and integration into the world metallurgy.
However, today the problem of the modernization of production, restructuring of production, technological, organizational, and management structures of enterprises has become extremely acute. The solution of problematic issues requires the introduction of changes to the tools for ensuring priority directions of transformation transformations, construction of models for the development of the metallurgical enterprise.
Short literature review. Major contributions to the study of various aspects of enterprise development management under the conditions of economic reforms were made by M. Aistova [1], B. Andrushkiv [2], V. Kondratiev [8], E. Utkin [22]. Problems of preparation and implementation of restructuring of industrial enterprises and development of mechanisms for managing their development are devoted to the research of O. Zborovskaya [24], O. Viknianskaya [23], I. Mazur [12], V. Chenasha [4].
They scientifically argued that each business entity has its own peculiarities in their scholarly works. Accordingly, they proposed approaches to implement appropriate transformational changes that involve the use of tools and methods of organization of activities in order to ensure optimization of economic activity. Thanks to their development, the development of governance and reduction of resistance to change, the formation of a mechanism for restructuring industrial enterprises.
The research objective. The purpose of the article is to improve the methodological approach to modeling the development of an industrial enterprise on the basis of providing restructuring. In order to achieve this goal, the scientific works of domestic scientists on the mentioned problem were analyzed. The statistical data of the State Statistics Service of Ukraine served as the basis for analysis.
The  The activity of metallurgical enterprises according to the directions of transformation transformations carried out can be determined according to the data of Table 1. As can be seen from table. 1, metallurgical enterprises are very cautious approach to the issue of initiation and implementation of transformation processes, especially this is noticeable in the organizational sphere, sphere of development of production, new technologies of management. Results of research in the sphere of introduction of transformation processes in the metallurgical industry of Ukraine [11; 13] show rather low activity of enterprises in terms of updating of technologies and methods of management, development of production of new metallurgical products, and the practical use of scientific and technological achievements in the field of economic activity management as well as its heterogeneity (almost 80% of organizationally active enterprises of Ukraine are concentrated in Kyiv, Lviv, Dnipropetrovsk, Kharkiv and Zaporozhye regions). The analytical data (table 2) testify to the high level of relevance of the transformation processes in the organizational and managerial sphere of activity of metallurgical enterprises.   The main reasons for this are the processes of total or partial liquidation (2.2%) and temporary suspension of production (1.7%), where transactions such as legal contracts for the creation of a portfolio of orders and execution of contracts exceeded the possibility of compromises and concessions for enterprises that leads to the loss of their legal independence.
Of course, there are other factors here. Practice shows that in the process of occurrence and resolution of corporate conflicts in Ukraine, different tools are used: from the use of insider lobbying schemes to the use of official position to provide the required solution.
Metallurgical enterprises are not financially able to use modern foreign technology of transformation because of their significant cost and incomplete adequacy to national economic conditions. However, according to data [14], the volume of new foreign orders for the production of metallurgical products is 61.4% to the volume of new orders in metallurgy. That far exceeds the percentage of foreign orders for the production of other types of industrial products. The volume of metallurgical products also sold abroad is 228692.7 million UAH, which is 59% in the structure of industrial production sold ( fig. 2). Each metallurgical enterprise, having regard to its capabilities, should develop an optimal strategy for financing and introducing technological innovations and transformational transformations into their activities.  In previous years and till now Ukrainian metallurgical enterprises, in the vast majority, do not pay enough attention and do not allocate necessary funds for measures on modernization, reconstruction, restructuring, etc. [7; 13].
The lack of a mass character of the restructuring of metallurgical enterprises, allows us to choose a limited number of approaches to assess the effectiveness of this process [10; 15; 16]. In work [5] the approach to the estimation of the effectiveness of industrial restructuring aimed at the development of the enterprise is substantiated, which is based on the comparison of the current market value of the enterprise to the restructuring and actual after the restructuring. According to this approach, the effectiveness of restructuring is determined by the rationality of the use of key elements and evaluation criteria.
The system of organizational support for industrial restructuring contains three directions of transformational change: -financial and economic activity; -organizational structure; -control system. In each of the areas we choose the types of restructuring, namely restructuring: -equity capital; -production; -control systems; -obligations; -assets and so on. We distinguish the following elements: -assessment of current market value before restructuring (conducted at the preparatory stage of the development of a restructuring project); -assessment of the actual market value (conducted after the completion of the restructuring project); -calculation of the effect of the implementation of the restructuring project.
The proposed approach of organizational support for industrial restructuring contains a mechanism for evaluating its effectiveness [3; 6]. It makes it possible to build a model for the development of an industrial enterprise on the basis of restructuring, taking into account a certain set of elements, which is represented in the form of a scheme ( fig. 3).
It is possible to determine the necessary directions of change with the help of the model, to make a reasonable decision on the implementation of the project. It also provides an opportunity to assess the market value of the enterprise at the stage of pre-project preparation and after the implementation of the restructuring project. This approach allows the company to develop a restructuring project, minimizing the degree of uncertainty.
Conclusions. The development of the metallurgical industry is the basis for increasing the sustainability of the national economy and the quality of life of the population of the industrial regions of the country. Scientific research shows that one of the main factors in the development of industrial enterprises is the reduction of resistance to changes and the implementation of restructuring mechanisms for industrial enterprises. In this study, the degree of activity of metallurgical enterprises in terms of the transformation transformations carried out was analyzed. The analysis show that the share of industrial enterprises, where the processes of reorganization took place, remain low. Elements of scientific novelty are, developed in this research, a methodical approach to modeling the development of an industrial enterprise. Its realization can have a beneficial effect, which will lead to an increase in the competitiveness of the metallurgical enterprise.