INNOVATIVE AND TRANSFORMATIONAL APPROACHES TO MANAGERIAL DECISION MAKING IN ENSURING THE DEVELOPMENT OF ECONOMIC MOBILITY OF SMALL AND MEDIUM-SIZED ENTERPRISES IN THE REGION

Abstract

The article substantiates the importance and necessity of implementing new approaches to managerial decision-making, which involve the active use of innovations and transformational changes in economic activity. The author’s main recommendations for the application of innovative and transformational approaches relate to ensuring the development of economic mobility of small and medium-sized enterprises (SMEs), taking into account the specifics of the regional economy. Given the direction of scientific research, innovative and transformational approaches to managerial decision-making (information and communication, agile approach, design thinking, scenario modeling, dedatacentric, behavioral, antifragile) are summarized, their essential characteristics, advantages and disadvantages.A functional toolkit for ensuring the development of economic mobility of SMEs in the region is determined on the basis of a substantiated innovative and transformational practice of managerial decision-making. The author’s proposals relate to the identification of managerial innovative and transformational tools that can be used by SME management, central and regional authorities, and local governments. The scope of application of such tools includes financial and investment planning, institutional and organizational support, innovation and technological support, intellectual and personnel policy, regulatory and legal regulation, infrastructure support, marketing and social policy. The key vector of innovative and transformational decision-making by SME management should be a systematic increase in the volume of resource provision, which allows creating the necessary conditions for effective functioning and stable growth, as well as increasing economic mobility taking into account current trends in the regional economy.