ALGORITHM FOR IMPLEMENTING THE ORGANIZATIONAL AND ECONOMIC MECHANISM FOR THE REHABILITATION OF DOMESTIC ENTERPRISES IN CONDITIONS OF ECONOMIC INSTABILITY

Abstract

This study proposes an algorithm for implementing an organisational and economic mechanism for the reorganisation of domestic enterprises in conditions of economic uncertainty, characterised by macroeconomic volatility, regulatory changes, financial market instability and wartime disruptions. The need to improve approaches to the financial recovery of enterprises through the implementation of a comprehensive algorithm for carrying out reorganisation measures is substantiated. The analysis confirms that the current operating conditions for enterprises require the application of a systematic approach to financial recovery, which involves the integration of organisational, economic, financial and managerial tools into a single crisis management mechanism. The proposed algorithm begins with an assessment of the enterprise's financial conditions, followed by the identification of crisis factors, the formulation of reorganization goals, the selection of appropriate management tools, the development of an implementation program, the allocation of necessary resources, and continuous monitoring with subsequent adjustments to management decisions. The obtained results suggest that the consistent implementation of these stages improves the efficiency of reorganisation processes and minimises the risk of the enterprise losing its solvency. It is noted that the effectiveness of the organisational and economic mechanism for financial rehabilitation is determined not only by the adequacy of financial resources, but also by the quality of organisational support, the standard of corporate governance, the speed of response to crisis challenges and the enterprise’s ability to adapt to conditions of economic uncertainty. The practical significance of the algorithm lies in its potential for use by enterprise managers, insolvency practitioners, financial managers and government bodies when developing and implementing programmes for the financial recovery, restructuring and restoration of competitiveness of business entities.