Methodological safety management issues of socio-economic entities

Abstract

The article examines the methodological safety management basics of economic entities on the example of enterprises and organizations exposed to risks in the modern complex operating conditions. Uncertainty, stochasticity of socio-economic relations give rise to challenges that pose a threat to economic entities. Risks are understood as losses from alternative investments and costs of overcoming the consequences of crisis situations. The expediency of using the proposed methodology due to the occurrence of losses from the expectation damages and the unpredictability of the influence of external and internal factors causing economic damage. The authors propose to use a model that characterizes the relationship between the losses of a socio-economic entity and the number of measures that need to be implemented to eliminate the damage. The article describes an algorithm that allows to assess the capabilities of an enterprise and achieve the stated purpose. This problem statement makes it possible to evaluate all the options for overcoming the crisis and choose the optimal one, which will improve the object performance efficiency. According to the authors, minimizing the threats, understanding the best measures to overcome the crisis and the calculation of total costs are the main factors in achieving the economic effect of the proposed model.