Human resources component of economic stability of domestic enterprises

: pp.28-33
Lviv Polytechnic National University
Lviv Polytechnic National University
student, Lviv Polytechnic National University

In the article the concept of the “economic stability” is analyzed, the different areas of its interpretation are described. Main components providing enterprises’ economic stability are highlighted, namely financial, human resources, marketing, informational etc. The necessity of integrated approach to economic sustainability management of domestic enterprises is stressed. Internal factors affecting economic stability and sustainable development nowadays and in the future are covered. One of the most important factors affecting the economic stability is the stability of personnel, thus more attention is devoted to human resources. In the article factors influencing human resource management are described and their features are analyzed. Examples of factors, which had or have an impact on the functioning of modern enterprises are provided. It is noted that in today’s post-industrial environment the main factors influencing economic stability of firms are nonmaterial. Stability is provided by non-financial sustainability factors, including intellectual, personnel, marketing and brand image sustainability of the company, sustainable development and so on. Moreover, there are a lot of scientists, who believe that organizational culture stimulates economic growth, which is now leading foreign and domestic companies to use integrated approach to ensure economic stability. Modern businesses are open systems; they are influenced by both internal and external factors. However, it is clear that for a firm it is much easier to affect the internal environment than external. Effective monitoring of internal factors allows enterprises to better confront dynamic and often uncontrollable changes in the environment. Among the internal factors that ensure the economic stability of the company are the following groups: technological (guarantee continuous production cycle), organizational (define specialization of production), financial and economical (determine performance factors of production), social (determine the development of the company and its social potential).New areas of Project Management, including Scrum, determine that added value is created by teams. Therefore, old methods of managing people have been developing and new are being created.