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Practical Interaction of Corporate Center and Divisions of National Companies in Russia

https://doi.org/10.21686/2413-2829-2023-3-206-215

Abstract

In situation of unprecedented economic sanctions, complete withdrawal of foreign companies from Russian market or cutting their effective product range, daily presidential and governmental acts aimed at population and business support, as well as potential new wave of COVID-19 the world forms new logistic links, brand new global structure and pays intent attention to potential and possibilities of Russia. By approaches to forms of interaction of corporate center and divisions discussed in works by G. Minzberg, D. Jonson, K. Showls, R. Wittington et al., as well as materials of the consulting companies McKinsey and KPMG, international standards of AA1000 series and analysis of the interview with spokespeople of divisions and corporate center the article identifies certain fields for the development of their interaction. They are formulated in the following way: to improve the system of information exchange, to take into account territorial specific features of each division in strategic planning, to develop the competence level of divisional heads and to search for degree of impact on the part of corporate center on division functioning depending on the level of executives’ training.

About the Author

A. A. Kulikov
Novosibirsk State University of Economics and Management
Russian Federation

Anton А. Kulikov Post-Graduate Student of the Department for Corporate Governance and Finance

56 Kamenskaya Str., Novosibirsk, Novosibirsk region, 630099



References

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2. Jonson D., Showls K., Wittington R. Korporativnaya strategiya: teoriya i praktika [Corporate Strategy: Theory and Practice], translated from English. Moscow, Williams, 2007. (In Russ.).

3. Leykin D. Korporativnyy tsentr: klyuchevye voprosy upravleniya gruppoy kompaniy [Corporate Center. Key Issues of Managing Group of Companies]. Moscow, Alpina Pablisherz, 2010. (In Russ.).

4. Minzberg G. Struktura v kulake: sozdanie effektivnoy organizatsii [Structure in the Fist: Developing Effective Organization], translated from English, edited by Yu. N. Kapturevskiy. Saint Petersburg, Publishing house ‘Piter’, 2001. (In Russ.).

5. Foot N., Hansly D., Landsberg M., Morrison R. Rol korporativnogo tsentra [The Role of Corporate Center]. Vestnik McKinsey [McKinsey Bulletin], 2003, No. 1, pp. 49–75. (In Russ.).


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For citations:


Kulikov A.A. Practical Interaction of Corporate Center and Divisions of National Companies in Russia. Vestnik of the Plekhanov Russian University of Economics. 2023;(3):206-215. (In Russ.) https://doi.org/10.21686/2413-2829-2023-3-206-215

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)