Economic security and business process management in IT enterprises

The article examines the conceptual principles of strategic management of environmental and economic security in the context of the national economy. It has been substantiated that the application of strategic management will allow to analyze and determine the trend of changes in the parameters of exogenous and endogenous influence on the state of ecological and economic security, innovativeness and relevance of measures of state influence. The purpose of the article is to form the conceptual foundations of the system of strategic state management of environmental and economic security. It has been determined that the strategic state management of ecological and economic security is an expression of a systemic approach to substantiating the principles and methods of ensuring the interaction of the elements of the management system, It should be defined as a set of management decisions aimed at ensuring the prospects for the implementation of organizational and economic mechanisms of state management. It has been noted that measures of strategic management of environmental and economic security are characterized by a clear sequence of implementation stages and a structured content of each stage, while the process of strategic management of security requires the formation of an appropriate management structure. The main tasks of the system of strategic management of ecological and economic security, functions and sequence of implementation of the specified process has been defined. The condition for the implementation of the strategic management is its integration into the complex mechanism of national security management, the action of which will contribute to the improvement of relations between all branches of state and regional administration. The key characteristics of strategic management of environmental and economic security in the context of a systemic approach are has been proposed such as integrity, complexity, synergy, functionality, heterogeneity, emergentity.

The main purpose of the article is to model the stages of reforming the public management of financial and economic security in Ukraine in the context of European integration, taking into account the basic legal principles. The object of the research is the financial and economic security management system. The importance of forming a modern model of the stages of reforming the public management of financial and economic security in Ukraine in the context of European integration, taking into account the basic legal principles, is proved. The methodology implies the use of modern functional modeling techniques. Based on the results of the study, the main diagrams for achieving the goal were presented. The main scientific novelty is the application of a methodological approach to the development of legal aspects of reforming the public management of financial and economic security in Ukraine in the context of European integration. This is presented as a basic graphical decomposition. The results obtained are presented in the form of a modern model, formed as a decomposition of the stages of reforming the public management of financial and economic security in Ukraine in the context of European integration, taking into account the basic legal foundations. The study is limited by analyzing the specifics of reforming the public management of financial and economic security only for Ukraine. Further research should be devoted to the analysis of new international experience in reforming.

The article is devoted to the research of theoretical and methodical foundations of business’ economic security management. The expediency of the research is due to the modern conditions of business subjects functioning, which are characterized by crisis tendencies, decrease of solvent demand, increase of competition level. The economic security management in these terms is aimed at ensuring the stable functioning and sustainable development of a business subject, which underlines the relevance of the researches in this field. The article highlights the concept of “business”. The main scientific approaches to the definition of the “economic security” concept is given. The own approach to the definition of economic security is formed. It is defined that the business’ economic security management is the essential part of a general management system. The key approaches to the economic security management organization are given. The main principles of business’ economic security management are identified. It is determined that the business’ economic security management is provided on strategic, tactical and operational levels. The stages of business’ economic security management are determined. The main stages of business’ economic security management are: analysis of the current state of economic security, threats estimation, estimation of the business’ capabilities to respond to such threats, substantiation of the economic security management strategy, definition of the specific measures under the substantiated strategy, implementation and control of the measures. The method of substantiation of economic security management strategy is proposed. The proposed method is based on the matrix approach and provides the possibility to take into account the estimation of threats, as well as the business’ capabilities to respond to such threats. The main types of strategies of economic security management are defined.

Information System is one of the key domain in which lot of research has been done in the past few years. Applying Information systems to heterogeneous and distributed environments is one of the current research areas. Business Process Management Systems is the information systems which deal with the administration of tasks in the business processes, organizational structures, or in the related context. The Workflow Management system, the early idea of BPM, controls the workflow in an organization, data transfer, and integration of legacy information systems with existing programs and program modules, delegation of business tasks. Offering task management services especially modeling of business processes and underlying organizations, BPM serves it meaning and incorporates the WFM system. BPM supporting the use of knowledge concerning the awareness/unawareness of integrated software, and analysis of processes and organizational structure in terms of verification, modification, evaluation are key management in BPM system I.INTRODUCTION TO BPM: Combination of corporate restructuring and mergers urged the department and processes to be automated and linked together. Unfortunately it created largely disconnected spaghetti of systems and applications. Business Process Management (BPM) was born from a strong need to streamline internal processes and connections between both internal and external functions. It provides ability to model, monitor, manage and manipulate processes quickly in response to changes in strategy and market forces. BPM is an extension of classical Work Flow Management (WFM) systems and approaches. BPM delivers the maximum utility of legacy system. It is a method for revolutionizing the way the work moves throughout an organization. II.COMPONENTS OF BPM: The four key elements in Business Process Management are: Process modeling, Process rule, Process management, and Process performance analytics. Process modeling: Process modeling describes the flow of information (business process).It helps in building a model of process and mapping into an implementation frame work. Modeling requires a consistent analysis and representation of the processes. It forms the basis for the userspecific process environment. Process Rule: Process Rule is a heart of the BPM. It involves execution of discrete steps & integration of information. A process rules engine is used for this purpose. The engine is to monitor and manage the given steps by providing a flow control over the business process. If a process fails or delayed, a compensated action can be done to rectify. Process Management: Process Management is to correlate business/application events to fundamental business metrics .It enables the organization to monitor and optimize the business process. Once the process has been analyzed, modeled and the associated rules are formed. The next stage involves the visualization and management. Visualization means transaction data ranging from holistic to process-state or client state specific rules. Process Performance Analytics: Process Performance Analytics is a transition data source available for sophisticated management analytics .This data should be available on a retrospective or real-time basis. It should answer to one of the most difficult question like “how much does it cost to process a specific transaction?” By this way BPM mainly addresses four components. They are Work Flow Management, Content and records management Enterprise Application Integration (EAI) and Business Activity monitoring (BAM). III.RELEVENCE TO SYSTEM INTEGRATION: BPM can be fitted easily on the top of existing IT system. It is the Process rules that governs all the happenings and optimizes the process. BPM will not be able to work without the connectivity provided by the EAI layer. EAI layer provides BPM to gain and measure the value from the investment. On the other hand, BPM provides value to the EAI technology layer of Information technology. BPM layer offers business management the view of the message processing layer. It is used to unlock the value of the information held in the integration layer. It is also used to gather data of every transaction in the lifecycle. IV.APPLICATION OF BPM: BPM can be applied to any application which needs these advantages. BPM reduces unnecessary high losses in time critical transactions, helps to provide any critical information, practical application yield fast ROI ,better control over the information, identifying and maximizing the benefits faster, better analysis and tracking, provides enterprise-wide visibility of business processes, improve the effectiveness of the core operations, provides ability to coordinate interactions between information systems, business process and the people, flexible and easily changed by non-technical business people.

The modern paradigm of financial and economic security management of innovation-oriented socio-economic systems should be based on guidelines for action and management decisions aimed at ensuring and improving the level of financial and economic security. The authors consider the management of financial and economic security of innovation-oriented socio-economic systems in terms of complexity and individuality of the choice of components. The article identifies the levels of a comprehensive system of financial and economic security of higher education institutions as socio-economic organizations (institutions). The authors propose to manage the financial and economic security at both the tactical and strategic levels. This study identifies the main functions, principles and criteria of the regulatory and planned level of financial and economic security of higher education institutions and puts forward a modern concept of security of innovation-oriented socio-economic systems. The article proves that the management of financial and economic security of innovation-oriented socio-economic systems has a complex structure, which includes: goals, principles, actors, objects, tasks, functions, measures, levers and tools. Each of these components has its own characteristics, performance requirements, relationships. Innovation-oriented socio-economic systems for their safe operation must independently develop and adhere to a defined management strategy, the stages of which are described for their practical use in the management of financial and economic security. To ensure and increase the level of financial and economic security of innovation-oriented socio-economic systems, the following methods should be developed: technical, financial, informational, legal, personnel, intellectual and innovative. The authors of the article include the following principles of financial and economic security of innovation-oriented socio-economic systems: timeliness, complexity, system, legality, activity, specialization, coordination and interaction, centralization, management flexibility and sufficiency in management. These principles are included in the general structure of the management system of financial and economic security of non-productive entities.

The purpose of the study is to identify the features and problems of diffusion of the client base of IT enterprises in Ukraine, to develop recommendations for solution of the latter. The article outlines the general situation in the IT market, in particular, draws attention to its turbulence and high instability of consumer preferences, when supply in the market dominates over demand. The components of the concept of «diffusion of client bases of enterprises» are considered. Under the concept of «diffusion» it is proposed to consider the conception that describes the patterns of distribution of cultural, social, economic and other phenomena, initially concentrated in one or more places, which imply the presence of a certain share of uncertainties, and «client base» – as the main source of business and income of the enterprise, containing information about both existing and potential clients. The main advantages of maintaining a client base of activities are presented, in particular: preservation of data; transfer of a client from one manager to another; analysis of the market situation; assessment of the target audience; formation of marketing strategy and business development. It is noted that client-oriented business management allows to increase the profit and overall efficiency of the enterprise by increasing the amount of revenue from the existing client base, as well as by optimizing operating costs. The stages of formation of the client base of activity for IT enterprises are proposed and detailed as: planning, development, implementation, and analysis. Attention is drawn to the matter that the main indicator of the diffusion of the client base of an IT enterprise is the «drawdown» of sales, which can be caused by both internal and external factors of influence. The statistics of changes in the geography of hiring on the example of the largest domestic IT enterprises, which is one of the indicators of client behavior, has been studied. It is noted that large enterprises do not experience the diffusion of the client base of activity to the same extent as it happens with small companies, so the diffusion of the client base of IT enterprises from Ukraine is not a mass phenomenon. Recommendations to encourage clients to cooperate with Ukrainian IT companies are proposed. Prospects for further research in this direction are the study of the specifics of the recovery of global demand in the IT industry after the recession.

Turbulent environment is causing increasing risk and uncertainty affecting the functioning of enterprises. Therefore, the need for strengthening their economic security is of basic importance to them. The goal of this paper is to present the understanding of economic security of enterprises from the perspective of enterprises situated in urban technology parks. The topic is relevant and has not been widely discussed yet, particularly within the analysed context of local economic security. To accomplish this goal, the research uses the case study method to analyse Lublin Science and Technology Park (LSTP) and its local environment of the city of Lublin. The study is based on standardised questionnaire directed to enterprises located in LSTP. Empirical studies referring to perception of economic security of enterprises are based on information gained from enterprises located in Lublin with the status of tenants of LPNT, which are used as a base for a case study. The study confirms that location in a technology park which is innovative city’s space has a positive impact on economic security of enterprises. It also confirms the impact of the city on economic security of enterprises as city’s space users. It is attributable both to new enterprises located in the technology park, as well as enterprises relocated there from other areas of the city.

The economy is a key element in the lives of individuals, societies and nations, which is why maintaining economic stability is considered one of the most important national challenges. Today, countries face serious global challenges, including climate change, terrorism and political strife, making a resilient and secure economy particularly important. Economic security at the state level is a complex set of socio-economic factors, encompassing everything from production processes to potential threats to the economy. Developing effective measures to protect national interests in the economy is a critical task for Russia, which aspires to leadership in the global economy and geopolitics. This study used the methods of documentary analysis, statistical analysis, legislative research and comparative methodology. The article analyzes international and national strategies to ensure economic security, including the situation in Russia. The criteria for assessing the state management of the economy, as well as the associated problems and risks are summarized. Finally, based on foreign experience, recommendations for improving economic security management in Russia are presented. The recommendations emphasize the importance of innovations and strategies to ensure economic equilibrium and security in a world changing under the influence of globalization processes. The article will be of interest to economists, politicians, researchers of global risk problems, as well as students and teachers of economic disciplines studying the issues of national economic security and public economic management.

The purpose of this article is to develop a model and proposals for the organization of management of financial and economic security (FESM) of port enterprises (PE). Improvement of the management of financial and economic security we propose to begin with the development of methodological approaches to assessment of the level of financial and economic security. To do this, the article makes a proposal to use a functional criterion, which is defined as the ratio of costs for the organization and operation of the financial security service to the profit obtained during the period of the study. Also, a set of indicators is developed that, unlike existing ones, take into account specifics of the industry. The article also proposes optimal plans for cargo processing, which result in a minimum cost and maximum profit. Through the function of process management, a comprehensive statistical model of managing the system of financial and economic security of port enterprises is proposed. This model takes into account specific factors of PE operation and developed approaches that ensure the organization of PE FES management by embracing traditional financial approaches and their alternatives. The authors state that for the effective organization of financial and economic security of port enterprises it is necessary to conduct timely monitoring of external and internal threats, assess and analyze the level of financial and economic security and develop strategic ways of enterprise development. And the recommendation to the management is to carry out well-timed control and audit of financial condition.

The purpose of the research is to establish the characteristic features and signs, the inherent mechanism and strategies of managing financial and economic security, which should be used by domestic enterprises in the war period and in the post-war recovery period in the conditions of the development of Industry 4.0 trends in the realities of the BANI world. Defects in the organization and functioning of the financial and economic security management mechanism were identified, which began to be clearly investigated during the work of business entities in wartime conditions. Additional elements of the financial and economic security management mechanism of the enterprise in the conditions of Industry 4.0 and BANI World are proposed. The peculiarities of the strategy and mechanism of managing the financial and economic security of enterprises in various models of the world system are specified. The outline of the GUARDIAN strategy for the implementation of the tasks of strategic management of the financial and economic security of enterprises was developed and the expediency of its use in the realities of Industry 4.0 and BANI World was substantiated.The development of a new paradigm of strategic management of financial and economic security for the post-war recovery of business entities in the conditions of BANI World, taking into account the trends of the Fourth Industrial Revolution, allows expanding the limits of the application of the tools of effective security-oriented management. In order to successfully optimize traditional approaches to financial and economic security management in the post-war period, it is necessary to transform the financial and economic security management mechanism to ensure its readiness to counteract the impact on the enterprise's corporate resources from the threat of military aggression, global pandemics, the development of the trend of Industry 4.0 and BANI world.

In the modern business scenario, organizations are vesting high efforts in managing process sustainability as part of their operations management practices. The global environmental concerns for the welfare of the society have facilitated this change. Research studies have reported Information and Communication Technology (ICT) as one of the prerequisites in developing and maintaining efficient business processes. The process sustainability related initiatives and various processes related regulatory compliances have created the need for sophisticated IT tools like BPM (Business Process Management) and BI (Business Intelligence) in organizations. Thus with the advancement of ICT, a strong desire to enhance the business process performance through BPM and BI applications is felt across organizations. However, there is scant research available on leveraging the advantages of these applications in sustainability development. Therefore, this paper aims to present a conceptual architecture framework using an integrated BPM and BI solution to develop an orientation among practitioners and academicians towards the inclusion of ICT in attaining a sustainable, energy efficient business operations or processes. The framework is based on the literature pertaining to the role of BPM and BI in process sustainability as well as from the inputs of practitioners involved in the field of BPM and BI.

The article the author's definition of strategic management of financial and economic security is proposed. Specifics of the formation of strategies for the provision of financial and economic security of economic structures are specified. The list of main challenges and risks for the financial and economic security of domestic enterprises is determined. The author's approach to organization of the process of introduction of strategic management of financial and economic security at enterprises is offered. Strategic benchmarks for managing financial and economic security in accordance with business expectations of Ukrainian enterprises are established.

Introduction. The state of economic security of the enterprise determines its ability to develop its own potential and maintain the level of competitiveness, as well as ability to counteract the negative impact of external and internal environment and prevent the risks that are characteristic of it. The number of risk factors for the normal operation of domestic enterprises has increased in the context of the trends spread of the Fourth Industrial Revolution. An important step in establishing a modern integrated economic security system is the formation of a management mechanism that will ensure the effectiveness of the process of identifying and neutralizing both traditional and emerging risks to industrial enterprises, many of which belongs to the critical infrastructure of the country and are therefore strategically important for maintaining industrial potential and maintaining the state of national security. Purpose. The purpose of the article is to determine the vectors of transformation of the essence, functions, main stages of creating a mechanism for managing the economic security of an industrial enterprise, able to counteract the negative consequences of the risks of the Fourth Industrial Revolution. Results. The article reveals the essence of the mechanism of economic security management and defines its main elements. It is offered to divide the functions of the mechanism of economic security management of the enterprise into preventive and anti-crisis management in order to ensure timely counteraction to the risks of the environment of the industrial enterprise. The short characteristic of the stages of industrial enterprise economic security management mechanism formation is given, features of functioning of the economic security management mechanism in the conditions of tendencies distribution of the Fourth Industrial Revolution are considered. Conclusion. As a result of studying the basics of building a modern, risk-oriented industrial enterprise economic security management mechanism, it was found that due to its elements such as methods, resources, tools and levers of economic security, it becomes possible to effectively overcome the impact of traditional and innovative risks on corporate resources of enterprises and on the success of the process of meeting the economic interests of different groups of its stakeholders. Implementation at the applied level of the outlined stages of enterprise economic security management mechanism formation allows to apply its functionality in the future to ensure economic stability, strategic prospects and competitiveness of the business structure in the risk of the Fourth Industrial Revolution.

Nowadays, the problem in business process management (BPM) is that BPM systems should both be easy to use for business process developers and be based on a sound formal method. Business process management systems are often based on semiformal modeling techniques such as event-driven process chains (EPC) or UML. Unlike semiformal modeling techniques, the process calculus CSP comes with mature verification sup- port. Surprisingly little work has been done on using CSP for business process modeling and management. In this paper, we present our approach to business process management, which is based on the observation that CSP is well suited not only for specifying business processes and verifying work???ows but also for executing work???ows using our CSP4J framework. We report on a work???ow server, which is specified in CSP and implemented using our CSP4J framework. The server accepts work???ows that are modeled in CSP and also implemented using CSP4J. This allows us to integrate the mature verification support of CSP into both the management system itself and the development process of the end users’ business process definitions.

The aim of the article is to present a framework enabling the quick and practical assessment of the nature of business processes, necessary to select business process management (BPM) tools and methodologies in accordance with the actual nature of BPs in the organization. The lack of such compliance reduces or delays the results, or it can even cause the failure of BPM implementations. To avoid this risk, organizations should be aware of the nature of their processes prior to planning and implementing BPM. The article summarizes extensive literature studies and experiences resulting from the practical implementation of business process management in organizations with diverse types of business processes. Developed in accordance with the Design Science Research (DSR) methodology, the Business Process Nature Assessment Framework (BPNAF) uses an approach that combines business process management with the management of the knowledge used and created in the course of the process execution. The article presents the concept of the business process space and the Business Process Nature Assessment Framework (BPNAF) based thereon, which enables the quick and efficient assessment of the nature of business processes in an organization in terms of their unpredictability and knowledge intensity. The presentation of the results enables the objective recommendation of the selection of implementation methodologies, HRM policies, or IT systems supporting BPM in line with the real nature of business processes implemented in the organization, in a way that is understandable to both specialists and non-specialists. The article is dedicated to researchers, but above all to practitioners using BPM. The application of the presented BPNAF allows managers to choose the methodology and tools supporting the management of business processes, but also human resources or knowledge, in accordance with the objective nature of the processes and the needs of the organization. The simplicity and speed of analysis, as well as the ability to directly use its results in the initial implementation of business process management, mean that the benefits of using the BPNAF are much greater than the effort or preparation costs involved. An important limitation of the work is the fact that the analysis of the business process space and, consequently, the BPNAF are limited to only two dimensions: unpredictability and knowledge-intensity. The article presents the original concept of the business process space and the author's model of the BPNAF framework based on its two-dimensional version. The supplement of BPM implementation methodologies with the use of the results of this work is of key importance for the success or failure of implementations.