Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Strategic Solutions for the Implementation of Innovation Projects

Author(s): Hilorme Tetiana, Olena Chernysh, Anna Levchenko, Olena Semenenko, Hanna Mykhailichenko

As part of the process of a program planning and development of industrial enterprises on the basis of energy conservation, a procedure for reviewing and approving investment projects should be defined, which determines the procedure and deadlines for accepting a project, the procedure for reviewing and analyzing a project, and criteria for project approval. The coordinate plane for making management decisions on an energy saving project was built on the basis of three success criteria: customer value, risk level and technical capability. The choice of the optimal management decision for the transfer of industrial production to renewable types of energy resources should be carried out on the basis of the hierarchy analysis method, which will allow solving many practical problems at different planning levels. The subcriteria of global priorities for the success of energy saving investment projects were analyzed: consumer value, risk level and technical capability.