Company business processes optimization as an imperative of its economic security

Зеліско, Інна Михайлівна and Cосновська, Ольга Олександрівна and Олійник, Лариса Анатоліївна and Стефківський, Віктор Михайлович and Манаєнко, Ірина Миколаївна (2021) Company business processes optimization as an imperative of its economic security Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu (1). pp. 145-153. ISSN 2071-2227, 2223-2362

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Article aim: to work out an algorithm of an entrepreneur business process optimization on an example of an insurance company to systemize and ensure the quality of key insurer business processes implementation as the condition of increasing his level of economic security in turbulent business environment. Methodology. In the study there were used general scientific and specific methods of cognition, such as: logical colligation, analysis, dialectic synthesis and grouping, induction and deduction, processing approach, factors analysis, graphical visualization, economic-mathematic modelling. Results. The necessity to insurer business processes optimization was established as a strategically important subject of market relationship development. The logical-structural scheme of insurer main business processes interconnections was created that are interdependent and gradually are fulfilled by stages of insurance services proceeding, risks underwriting, reinsurance, effecting of an insurance agreement, forming and placing insurance funds and settlement of losses. The main structural elements of insurer business processes optimization were systemized. The methodical approach to insurer business processes reengineering was proposed on the basis of games theory just to form new model of business processes and to increase its optimization process effectiveness. Novelty. An algorithm of insurer business processes optimization was worked out, which includes the process of their planning, diagnostics, changes implementation and monitoring just to increase the quality of key business processes realization as the condition for ensuring economically safe operation of the business entity. Practical value. The practical value of obtained scientific results is in possibility to use them in insurance companies’ activities, which will ensure their sustainable functioning and development in the strategic perspective.

Item Type: Article
Uncontrolled Keywords: business processes; optimization; client-oriented activities; processability of business processes; planning; diagnostics; reengineering; monitoring.
Subjects: Статті у наукометричних базах > Scopus
Divisions: Це архівні підрозділи > Кафедра фінансів та економіки
Depositing User: Sosnovska Ольга Александровна Сосновская
Date Deposited: 02 Dec 2021 08:51
Last Modified: 02 Dec 2021 08:51

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