Modern approaches to solving problem of effective company functioning during instability

Abstract

Nowadays, enterprises aim to find ultimate solutions to the problem of proper company operation during instability connected with political pressure and sanctions restrictions. Therefore, there is a need for additional research on areas of effective organization functioning, given the emerging challenges.
The authors utilize “Izmeritel” JSC as a case study to analyze existing methods for the advancement of Belarusian companies within contexts of risk and constraint. The Izmeritel plant produced radio-electronic space equipment before the organization had to change its specialty and master new techniques for creating measurement, test and navigation tools and devices.
The analysis shows an output increase, resulting in the company’s revenue boost and improved product quality, which led to enhanced production efficiency. Moreover, the study reveals that investments are the reason for modernized production and implemented innovations in the automation of technological processes. The implementation of innovative industrial techniques, consistent product distribution, and the preservation of the company’s standing in the telemechanics and automatics sector contribute to the overall increase in production profit and profitability.