THEORETICAL AND METHODICAL FOUNDATIONS OF BUSINESS’ ECONOMIC SECURITY MANAGEMENT

Abstract

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.