ІНТЕГРАЦІЯ НАУКОВИХ ПІДХОДІВ ДО ЗАБЕЗПЕЧЕННЯ ЦИКЛІЧНОГО РОЗВИТКУ ПІДПРИЄМСТВА В УМОВАХ ЕКОНОМІЧНОЇ ТУРБУЛЕНТНОСТІ

Read full text
Authors: Dmytro V. Olenchenko
Cited by: 0
References: 10

Abstract

The article substantiates the multidimensional nature of enterprise cyclic development under economic turbulence, where phase dynamics is shaped by interdependent external and internal determinants. It is argued that cyclicality is not merely a passive response to environmental fluctuations but reflects the firm’s capacity for strategic self-regulation, adaptation, recovery, and purposeful renewal. The study systematizes the evolutionary, institutional, innovation-adaptive, behavioral, and systems approaches to ensuring cyclic development and clarifies their analytical emphases regarding the drivers of phase transitions and stabilization mechanisms. It is shown that reliance on a single approach limits explanatory power because crisis, stabilization, and renewal are triggered by different mechanisms; therefore, managerial practice requires a synthesis of environmental, organizational, innovation, and behavioral dimensions. An integral alignment model is proposed, treating the enterprise as an open, adaptive, and reflexive system that moves through phases of growth, stabilization, crisis, and renewal, while transitions are explained simultaneously by institutional constraints, evolutionary path dependence, innovation waves, and managerial behavior. A conceptual framework for assessing the firm’s phase state is developed based on typical phase profiles, phase indices, and reflexive-behavioral indicators that help capture early signals of shifts before they appear in financial outcomes. The paper also justifies embedding such assessment into strategic monitoring and controlling loops to reduce managerial entropy and strengthen resilience under uncertainty and technological change. The practical relevance lies in using the proposed model as a basis for designing adaptive development strategies and selecting phase-specific managerial instruments.

Fields of Study & Subjects

Economic Systems and Logistics Management Banking Crisis Management COVID-19 Impact Organizational Management and Leadership

Publication details

Journal / source
Herald of Khmelnytskyi National University Economic sciences
Volume
350
Issue
1
Pages
628–635
Publication date
29 January 2026
Language
EN