2018 impact factor: 0,362

 

Two-year RSCI impact factor

Five-year RSCI impact factor

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Abstract

The importance of corporate culture for the successful functioning of metallurgical companies is widely recognized throughout the civilized world. Corporate culture is, on the one hand, a strategic tool that allows you to mobilize the initiative of employees to achieve the strategic goals of the organization. On the other hand, it is a tool for managing the cost of an organization's business processes, since it determines how and at what cost the organization's economic performance and performance results will be achieved. The object of the research is the influence of corporate culture on the economic efficiency of business processes of modern metallurgical enterprises.The purpose of the study is to form a quantitative assessment of the impact of corporate culture indicators on the economic efficiency of business processes.The paper analyzes the models used in practice to influence corporate culture on the economic efficiency of an organization's business processes. The authors have developed and proposed an economic and statistical model of the dependence of metrics of corporate culture and indicators of economic efficiency of business processes. To assess the quantitative impact of corporate culture metrics on business process performance indicators, it is proposed to use the tools of classical correlation and regression analysis. The proposed methodological tools can significantly improve the quality of business process efficiency management through the improvement (development) of specific elements of corporate culture. An important element of the proposed approach is the transition from a qualitative assessment of corporate culture to very specific quantitative indicators that take into account their relationship with business process efficiency indicators.

Keywords:

corporate culture, business processes, metrics, correlation analysis, regression analysis, correlation model, economic efficiency, metallurgical companies

Valyaeva Galina G. – candidate of Economicl Sciences, associate Professor, associate Professor of the Department of Economics at the Institute of Economics and Management Federal State Educational Institution of Higher Education Nosov Magnitogorsk State Technical University, Magnitogorsk, Russia. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Gafurova Vasilya M. – candidate of Historical Sciences, associate Professor, associate Professor of the Department of Management and Public Administration at the Institute of Economics and Management Federal State Educational Institution of Higher Education Nosov Magnitogorsk State Technical University, Magnitogorsk, Russia. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Koptyakova Svetlana V. – candidate of Pedagogical Sciences, associate Professor, associate Professor of the Department of Management and Public Administration at the Institute of Economics and Management Federal State Educational Institution of Higher Education Nosov Magnitogorsk State Technical University, Magnitogorsk, Russia. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Lazarev Artemiy S. – master's student Federal State Educational Institution of Higher Education Nosov Magnitogorsk State Technical University, Magnitogorsk, Russia. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.