Entrepreneurial assets of territorial communities: theoretical and conceptual aspects of management

Анотація

The decentralization reform in Ukraine is recognized as one of the most successful by both domestic and European experts. The Government emphasizes the transfer of executive authorities’ responsibilities to local governments, their distribution between levels following the subsidiarity principle, and the creation of a sufficient resource base for local governments to exercise their powers as major tasks of the second decentralization stage. Therefore, there is a need to find new approaches to building an effective business asset management system at the local level. The purpose of the article is to substantiate the theoretical and conceptual foundations for the management of business assets of territorial communities in Ukraine. The article reveals the essence of «business assets of the territorial community» and defines their characteristics and place in the structure of assets of the territorial community. The expediency of identifying business assets by a certain classification criterion (by the form of operation, by the nature of ownership, by the impact on development, by type of activity, and by type of participation in the economic process) is substantiated. The vision of the management of business assets of territorial communities is offered and characterized, which provides a combination of processes of planning, analysis (dynamics of formation and use of assets), motivation (for leaders and managers) and control; choice of management model (growth, restructuring, stabilization and and survival); a clear definition of tasks and principles of management. The purpose of business asset management is to ensure the profitability of assets and increase the economic capacity of the local community. Emphasis is placed on the need to reduce the operating cycle and accelerate the turnover of inventories and finished products, optimize the structure of fixed assets, upgrade obsolete equipment, introduce new technologies or develop new capacity, etc. as key determinants of effective business asset management policy.

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