Management Practices of Domestic and Global Companies in Russia: Empirical Study of the 2016-2017 Post-Crisis Period

P. 210–213.

Guseva N. I., Tishchenko O.

Management practices of Russian and global companies, operating in Russia, have undergone a series of changes in 2016-2017 as a consequence of the 2014 – 2015 crises. These crises can be presented as a combination of tree different types of crises: cyclical crisis (oil prices), structural crisis (institutions, productivity) and managerial crisis.
In light of a turbulent external environment, as well as hardening competition caused by the times of crisis, Russian and global companies were forced to adapt and change their management practices quickly, to maintain strategic competitive advantages on their market segments and retain qualified employees.
To study the dynamics of ongoing processes and diagnose operational changes occurring in Russian and global companies in the post-crisis period of 2016 - 2017, we conducted a large-scale empirical study, which involved 1530 (2016) and 1245 (2017) companies. The sample was composed of Russian (73% - 80%) and global companies (20% - 27%), representing 10 main sectors of economic activity (according to the OKVED universal classification). The companies are operating in Moscow and the Moscow region.
The use of statistical methods and SPSS Statistics software to conduct the analysis allowed to identify the most significant changes in management practices of Russian and global companies operating on the Russian market, as well as the dynamics of these changes related to the increasing complexity of the external business environment.

Keywords: management practices, turbulent environment, Russian market, global companies, management process, domestic companies

In book

International Research Conference “GSOM Emerging Markets Conference-2018”

St. Petersburg: St. Petersburg State University Graduate School of Management, 2018.