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The Role of Information and Communication Technologies in the Process of Strategic Management of Entrepreneurial Structures Activities: The Budget and Financial Aspect

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Perspectives on the Use of New Information and Communication Technology (ICT) in the Modern Economy (ISC 2017)

Abstract

Within a perspective series of modern studies, devoted to development of the methodology of strategic planning and management of entrepreneurial activities on the basis of various tools, in particular, budget planning and forecasting, the issue of determining the role of modern and perspective information and communication technologies in this process remains important. Thus, the article is devoted to determining the role of modern information technologies and systems in the process of strategic management of entrepreneurial structures’ activities and the role of such technologies and systems within budget and financial provision of such activities. The article provides the main categories of information systems used by modern entrepreneurial structures, determines certain peculiarities of strategic intra-company and entrepreneurial management, and determines the limits of their contours and landmarks. It is determined that budgeting that is based on modern and most development, perspectives, and leading information systems could be considered a complex technology of management of entrepreneurial activities and used for achieving strategic goals and solving the corresponding strategic tasks. Information technologies that can transform budgeting of modern companies in near future are described.

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Notes

  1. 1.

    This phrase is ascribed to Cardinal Richelieu, N. Rothschild, W. Churchill, and F. Bacon.

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Correspondence to Alexandr V. Tekin .

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Tekin, A.V., Konina, O.V. (2019). The Role of Information and Communication Technologies in the Process of Strategic Management of Entrepreneurial Structures Activities: The Budget and Financial Aspect. In: Popkova, E., Ostrovskaya, V. (eds) Perspectives on the Use of New Information and Communication Technology (ICT) in the Modern Economy. ISC 2017. Advances in Intelligent Systems and Computing, vol 726. Springer, Cham. https://doi.org/10.1007/978-3-319-90835-9_32

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