CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION

Anna A. Tubalec; Aleksey A. Korobkin; Eduard R. Markaryan; Nikolay O. Mihaylov; Vadim V. Ivahno

doi:10.55186/2413046X_2024_9_11_442

VAK Russia 5.2.6 UDC 658 UDC 004

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CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION

Published in MOSCOW ECONOMIC JOURNAL · Volume 9, Issue 11 · Pages 418–433 · Rubric: Management

DOI: https://doi.org/10.55186/2413046X_2024_9_11_442 · EDN: TKRIMB

Received: 29.11.2024 Accepted: 12.12.2024 Published: 12.12.2024

Authors

Anna A. Tubalec

Aleksey A. Korobkin

Eduard R. Markaryan

Nikolay O. Mihaylov

et al.

Vadim V. Ivahno

Anna A. Tubalec

Academic degree: candidate of economic sciences

Science rang: docent

State University of Agrarian University named after I.T. Trubilin Associate Professor · Department of Management and Marketing · Russian Federation · Krasnodar

Aleksey A. Korobkin

State University of Agrarian University named after I.T. Trubilin Faculty of Economics · Russian Federation · Krasnodar

Eduard R. Markaryan

State University of Agrarian University named after I.T. Trubilin Faculty of Economics · Russian Federation · Krasnodar

Nikolay O. Mihaylov

State University of Agrarian University named after I.T. Trubilin Faculty of Economics · Russian Federation · Krasnodar

Vadim V. Ivahno

State University of Agrarian University named after I.T. Trubilin Faculty of Economics · Russian Federation · Krasnodar

ABSTRACT

Digital transformation has become an essential tool for crisis management, allowing enterprises to adapt to changing conditions and effectively confront modern economic challenges. The integration of technologies such as cloud computing, big data analysis, artificial intelligence and process automation opens up new opportunities to increase efficiency, reduce costs and increase business sustainability. Companies actively implementing digital solutions not only minimize losses during crisis periods, but also strengthen their competitive positions. The study examines the impact of digitalization on the effectiveness of crisis management using both qualitative and quantitative analysis methods. The key performance indicators (KPIs) were the speed of decision-making, reduction of financial losses and adaptability of business processes. It has been revealed that real-time data analysis, crisis forecasting and the development of preventive measures have become possible thanks to digital tools. At the same time, significant gaps in the digitalization of certain industries, for example, in the mining industry (-61.7) and logistics (-52.8), emphasize the need for targeted investments in these sectors. Regional differences also have a significant impact on business sustainability. Thus, in the Krasnodar Territory, the liquidation rate of organizations decreased from 2.174 in 2021 to 1,800 in 2023, which indicates the effectiveness of anti-crisis measures. However, this figure remains one of the highest, which indicates the need for additional support measures. Thus, digitalization becomes an integral part of crisis management, creating conditions for innovative development and long-term sustainability. Effective planning, selection of a suitable business model and constant monitoring of the implementation of measures ensure the successful overcoming of crisis situations and strengthen the position of companies in the market.

KEYWORDS

crisis management, digitalization, business models, sustainability, automation, big data, efficiency

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Chairman of the editorial board

Aleksandr Fomin

e-science@list.ru

Publishing editor

Ekaterina Syamina

e-science@list.ru

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GOST

Tubalec A. A., Korobkin A. A., Markaryan E. R., Mihaylov N. O., Ivahno V. V. CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION // MOSCOW ECONOMIC JOURNAL. 2024. no. 11. pp. 418-433. DOI: https://doi.org/10.55186/2413046X_2024_9_11_442. EDN: TKRIMB. (Date of access 27.10.2026).

MLA

Anna A. Tubalec, Korobkin A. A., Markaryan E. R., Mihaylov N. O., Ivahno V. V.. "CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION." MOSCOW ECONOMIC JOURNAL 9.11 (2024): 418-433. DOI: https://doi.org/10.55186/2413046X_2024_9_11_442. EDN: TKRIMB.

APA

Tubalec A. A., Korobkin A. A., Markaryan E. R., Mihaylov N. O., Ivahno V. V. (2024). CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION. MOSCOW ECONOMIC JOURNAL, 9(11), 418-433. https://doi.org/10.55186/2413046X_2024_9_11_442 EDN: TKRIMB.

Chicago

Anna A. Tubalec, Korobkin A. A., Markaryan E. R., Mihaylov N. O., Ivahno V. V.. "CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION." MOSCOW ECONOMIC JOURNAL 9, no. 11 (2024): 418-433. https://doi.org/10.55186/2413046X_2024_9_11_442. EDN: TKRIMB.

WIKI

{{cite journal | author = Tubalec A. A., Korobkin A. A., Markaryan E. R., Mihaylov N. O., Ivahno V. V. | title = CRISIS MANAGEMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION | journal = MOSCOW ECONOMIC JOURNAL | year = 2024 | volume = 9 | issue = 11 | pages = 418-433 | doi = 10.55186/2413046X_2024_9_11_442 }} EDN: TKRIMB

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