Analysis of internal environment in coal industry of Russia: main risks after economic sanctions

Author:

Mikhaylov Alexey,Chang Tsangyao,Karlibaeva Raya,Stepanova Diana,Dilla william

Abstract

Background: Internal environment has a great importance in the coal industry of Russia, so it should be actively implemented and constantly developed in the near future, allowing to increase the competitiveness of production and sale of coal and other natural resources. The article reveals the growth rates of key indicators for improving the business climate in increasing competitiveness. Methods: The paper uses score, SWOT and risks analysis methods. These methods help in identifying internal and external factors that are favorable or unfavorable to achieving the objective. SWOT analysis is also used in the field of information security to assess and manage information risks. It is considered a systematic methodology for information protection. Results: Thus, it can be noted that after carrying out measures to improve the competitiveness of the products of SUEC and Kuzbass Coal Mine, the key performance indicators will increase, which will contribute to achieving a socio–economic effect. Conclusions: The novelty of the paper is that the main internal environment includes risks: 1) personnel of coal industry companies; 2) management process; 3) financial activities; 4) marketing activities.

Publisher

F1000 Research Ltd

Subject

General Pharmacology, Toxicology and Pharmaceutics,General Immunology and Microbiology,General Biochemistry, Genetics and Molecular Biology,General Medicine

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