Improvement of the Strategic Management Mechanism for the Sustainable Development of Russian Gold-Mining Enterprises

Abstract:

The paper considers the problems of stability of gold mining enterprises of the Russian Federation during the crisis. The factors and tendencies of global economic development, which influence the business in the sphere of gold mining, are analyzed. The problems of strategic, investment activities of Russian gold mining companies are singled out. The issues discussed in the work are relevant in connection with the need to optimize the management system of gold mining enterprises, improve the process of developing investment policy and an appropriate investment strategy that takes into account the realities and specifics of mining companies. An imitation dynamic model of managing a gold ore company is proposed. It is based on a set of interconnected, key macroeconomic parameters, such as gross product, production technologies, labor resources, geological exploration, investment policy, capital investments, etc. The model allows to focus management attention on the most important aspects of the strategic development of the enterprise, improve the efficiency of business processes of gold mining. The simulation model of management and the mechanism for developing, formalizing and implementing strategic decisions of the company's management were used in the practice of gold mining companies in Eastern Siberia, Yakutia, which allowed to adapt the company's data to changes in the market environment and improve financial and economic stability.

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