On the Issue of Management Teams’ Balance at the Business Entities

Although the term “balance” as like as provided terms “balance of interests”, “balance of accounts”, “balanced model” are used in lexicon of professional economists for more than one hundred years they still have no exact and well-known definitions. The most popular definitions of “balance” provided with the term “equilibrium” cannot be criticized, because each system after reaching equilibrium stops its development and may die. However, the sphere of practical using of balanced methods becomes wider. In last 10–15 years the term “balance” became widely used in system economic theory for solid base of natural and organic development of the economic systems on all the length of life cycle. In this connection there is great necessity to identify this term from the one side and establish its quantitative measurements, on the other side. In the present article we’d like to bring our personal deposit to decision these problems. According to natural disequilibrium of the economic systems, we approach logically held scientific definition of «balance» as well as original approach to accounting the index of system balance. For this aim we create the system model of an individual person as a straight participant of the economic relations. We also provide its organic including to general model of economic activities winch belong to the explored economical subject. On the base of symbiosis integrating system economic theory and changes management theory of Ishak Adizes we synthesize the algorithmic scheme of accounting system balanced index of management team for the explored system. Differently from the present schemes may be used on the nano level of modern economy which is provided with straight participants of the economic relations.

1. Adizes I. (2004). The Ideal Executive: Why You Cannot be One and what to Do about it: A New Paradigm for Management. Institute Publishing, 295 p. (in Russian).

2. Adizes I. (1992). Mastering change: The power of mutual trust and respect in personal life, family life, business and society. Adizes Institute, 240 p. (in Russian).

3. Boyatsis R., McKee E. (2007). Resonant leadership: self-improvement and building fruitful relationships with people based on active consciousness, optimism and empathy. Moscow: Alpina Business Books, 300 p. (in Russian).

4. Valtukh K. K. (2001). Information theory of value and laws of nonequilibrium economy. Moscow: Janus-K. 896 p. (in Russian).

5. Vernadsky V. I. (2017). Biosphere and noosphere. Moscow: T&RU GRAM. 576 p. (in Russian).

6. Drogobytsky I. N. (2019). Mental models in economics. Economics of Contemporary Russia, no. 1 (84), pp. 7–14 (in Russian).

7. Drogobytsky I. N. (2016). System cybernetization of organizational management. Moscow: University textbook: INFRA-M. 333 p. (in Russian).

8. Elin A. M. (2019). Problems of demography and ways to solve them in modern Russia. Bulletin of Science and Education, no. 17(71), pp. 19–28 (in Russian).

9. Zotov V. M. (2019). System modeling and formalized description of individual economic activity. Organization and Management, no. 2, pp. 88–94 (in Russian).

10. Ivanus A. I. (2006). The Da Vinci Code in business or harmonious Fibonacci management. Moscow: KomKniga. 104 p. (in Russian).

11. Kleiner G. B. (2010). New theory of economic systems and its applications. Journal of Economic Theory, no. 3, pp. 41–58 (in Russian).

12. Kleiner G. B., Rybachuk M. A. (2017). Systemic balance of the economy. Moscow: Publishing House «Scientific Library». 320 p. (in Russian).

13. Kleiner G. B. (2021). System economy: steps of development. Moscow: Publishing House «Scientific Library». 746 p. (in Russian).

14. Koch R. (2014). Manager 80/20: the main principle of highly effective people. Moscow: Eksmo. 250 pp. (in Russian).

15. Maksimov I. O. (2015). Interaction of corporate structures and regional socio-economic systems. Studies of young scientists: economic theory, sociology, sectoral and regional economics. Novosibirsk: Publishing House of Economics and Organization of Industrial Production SB RAS. pp. 180–186 (in Russian).

16. Marx K. (1974). Introduction (from economic manuscripts of 1857–1858). Marx K., Engels F. Collection of Works. 2nd ed. Moscow: Publishing House of Political Literature, vol. 12, pp. 707–738 (in Russian).

17. Miller G. (2020). The mating mind: how sexual choice shaped the evolution of human nature. Geoffrey Miller. Moscow: Corpus 1st ed. 736 p. (in Russian).

18. Nikolis G., Prigozhin I. (1990). Knowledge of the complex. Introduction. Moscow: Mir. 344 p. (in Russian).

19. Nonaka I., Takeuchi H. (1995). The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation. New York, Oxford University Press, 736 p. (in Russian).

20. Education through life (2019). Lifelong Learning: Continuing Education for Sustainable Development: Proceedings of the XVII International Conference on September 26–28, 2019 St. Petersburg: Publishing House of St. Petersburg State University. 715 p. (in Russian).

21. O’Connor J., McDermott I. (1997). The art of system thinking. The necessary knowledge about systems and creative approach to solving problems. Moscow: Alpina Business Books. 256 p. (in Russian).

22. Roma V. V. (2020). Economic development of Russia in the post-reform period. Young Scientist, no. 2, pp. 165–168 (in Russian).

23. Toffler A. (1970) Future shock. Tr. from Engl. Moscow: AST. 658 p. (in Russian).

24. Fedotova M. A., Loseva O. V., Dresvyannikov V. A., Tsygalov Yu.M. (2014). Intellectual capital of the organization: management and evaluation. Moscow: Financial University under the Government of the Russian Federation. 252 pp. (in Russian).

25. Fukuyama F. (1995). Trust. The social virtues and the creation of prosperity. Moscow: AST: Ermak. 730 p. (in Russian).

26. Shpengler O. (1998). Der Untergang des Abendlandes. Umrisse einer Morphologie der Weltgeschichte. Transl. from Germ., Introd., Advance Word and Notes by K. A. Svasian. Moscow: Mysl', 606 p. (in Russian).

27. Groesser S. Schatternicht M. (2012). Mantal Models and Dynamic Systems: Taking stock and looking Ahead. System Dynamics Review, no. 28(1), pp. 46–68.

28. Kahneman D., Tversky A. (2019). Conflict resolution: a cognitive perspective. Choice, Value and Frames, no. 2.

29. Kleiner G. B., Karpinskaya V. A. (2020). Transition of firms from the traditional to ecosystem form of business: the factor of transaction costs. Lecture notes in networks and system, no. 110, pp. 3–14. DOI: 10.1007/978-3-030-45913-0_1

30. Kornai J. (2017). The system paradigm revisited: Clarification and additions in the light of experiences in the post-socialist region. Revue d’Etudes Comparatives East-West, no. 48 (1–2), pp. 239–296. DOI: 10.4074/S0338059917001097

31. Thaler R. H. (2019). Toward a positive theory of consumer choice. Choice, Values and Frames, no. 6, pp. 269–287. DOI: 10.1017/CBO9780511803475.016