Management principles and their application as a strategic guideline for sustainable business development

• Main Authors: Popova Elena, Bazelyuk Vladimir, Demina Nadezhda, Demin Alexander, Letaeva Tatiana
• Format: Article
• Language: English
• Published: EDP Sciences 2020-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/68/e3sconf_ift2020_03035.pdf

The fundamental principles of management, as well as the practice of their application in industrial production sphere are described in the article in detail. The author gives an idea of the managerial principles evolution in an enterprise-type organization (both in our country and abroad). Special attention is paid to the managerial culture formation theory and its influence on the entrepreneurial and strategic management combination . The main idea of the presented work is an evolutionary approach to effective management principles classification in relation to business activities carried out within self-organizing micro-level systems. Their developmental gene, as shown in the work, is the management culture, its formation is the subject of this study. The study research area is management science issues and its cognition methods development: developmental factors and managerial principles of an enterprise-type organization.