The modern approaches to managing development of the enterprise in the field of non-bank financial services

Dmitry Zherlitsyn, Vladimir Berlin


Purpose and subject of research

Synthesis of the modern approaches to the management of development and also justification of tool set implementation strategy to increase the effectiveness of the management of the enterprise in the non-banking financial services.

Research methodology

The theoretical framework is based on the methods of system analysis to the business management of the financial sector, innovative models of financial management, modern methods of economic cybernetics.

Value results

The proposed theoretical approach is used to improve the system of development of the enterprise in the non-banking financial services through the introduction of complex administrative innovations.


The result of the study is the author's model of implementation of managerial innovations to stimulate the development of the enterprise sphere of non-bank financial services. The proposed integrated approach combines the tools of investment management, economy and mathematical methods, modern market theory and microeconomic analysis to a single organizational and economic model. The proposed approach enhance the competitiveness and sustainability of the enterprise in the field of non-banking financial services.

Key words: development management, management of innovation, the filed of non-bank financial services, enterprise management, financial management.


development management; management of innovation; the filed of non-bank financial services; enterprise management; financial management

Full Text:

PDF (Russian)


Berlin, V.M., 2013. Control Strategy of the enterprise competitiveness in the filed of non-bank financial services. Ural Research Bulletin: scientific-theoretical and practical journal. Series: Economics. – N 28 (73). - 2013. - pp. 33-40.

Bocharov, V. V., 2009. Financial Analysis. A short course. 2nd ed. St. Petersburg. Peter press. 240 p.

Zherlitsyn, D. M., 2012. Innovative Management of the Enterprise Financial System. Ukraine, Donetsk: "Yugo-Vostok", LLC. 256 p.

Kovalev, V. V., 2009. Fundamentals of the theory of finance management: educational and practical guide. Prospekt. 536 p

Statistics of Ukraine's Insurance Market. – Journal of Insurance. [Online]. Available:

Statistical information, 2013. the State Statistics Service of Ukraine [online]. Available from:

Stoyanova, E. S., 1996. Financial management. 2nd ed. Moscow: Perspective press. 405 p.

Delong, L., 2005. Optimal Investment Strategy for a Non-Life Insurance Company: Quadratic Loss. Applicationes Mathematicae, 32 (2005), pp. 263-277.

Forrester, J. W., 1961. Industrial dynamics. Cambridge, MA: MIT press. 482 p.

Joehnk, M. D., Gitman, L. J., Smart, S. J., 2010. Fundamentals of Investing. Prentice Hall PTR. 672 p.

Rudolph, M.J., 2001. U.S. Insurance Company Investment Strategies in an Economic Downturn. U.S.A.: Rudolph Financial Consulting, LLC. 77 p.

Schumpeter, J. A., 1934. The Theory of Economic Development: An Inquiry Into Profits, Capital, Credit, Interest, and the Business Cycle. Cambridge, Mass.: Harvard University Press. 225 p.

Sharpe, W. F., Alexander, G. J., Bailey, J. V., 1999. Investments. Prentice-Hall Internat. 962 p.

Trott, Paul., 2005. Innovation Management And New Product Development. Prentice Hall Internat., 540 p.


  • There are currently no refbacks.

Copyright (c) 2014 Dmitry Zherlitsyn, Vladimir Berlin

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Creative Commons License

Economic Cybernetics. International scientific journal is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Permissions beyond the scope of this license may be available at

Economic Cybernetics is published by Vasyl' Stus Donetsk National University.

Follow me on