The Modeling of Business Processes in the Modern Business Environment
Rozhko V. I., Khlystun A. A.

Rozhko, Viktor I., and Khlystun, Anastasiia A. (2023) “The Modeling of Business Processes in the Modern Business Environment.” The Problems of Economy 4:159–164.
https://doi.org/10.32983/2222-0712-2023-4-159-164

Section: Economics and Enterprise Management

UDC 661.665

Abstract:
In the face of fierce competition in almost all areas of business activity, the task of modeling the business processes in the modern business environment is extremely important. The article explores aspects of management and modeling of business processes. The authors analyze available methods and the modern modeling tools for improvement and automation of business processes. The necessity of using the modeling of business processes and its impact on the efficiency and competitiveness of enterprises is determined. Thus, the study determines the economic feasibility of using the modeling of business processes in the context of the modern competitive environment and its impact on improving the efficiency and competitiveness of companies. Using the practical experience of foreign companies, methodical recommendations on the introduction of the business process modeling in the company's management are proposed, due to the need for an integrated approach to organizational management. Particular attention is paid to a detailed study of the experience of applying the modeling of business processes at foreign enterprises, which are now the undisputed leaders in the market. Thanks to the experience of such companies, the study reveals the practical advantages and challenges of using the modeling to achieve optimal business efficiency and increase its competitiveness. The study results show that companies that successfully implement the modeling of business processes are able to effectively adapt to changes in the environment, and promptly implement improvements and innovations. This makes them not only more competitive but also resilient to market challenges. Thus, use of the modeling of business processes is becoming a strategic tool that helps to improve the operational efficiency of an enterprise and ensure its success in today's competitive environment.

Keywords: modeling of business processes, management of business processes, optimization of business processes, automation of business processes, management efficiency, entrepreneurship, business process model, modern business.

Tabl.: 1. Bibl.: 8.

Rozhko Viktor I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Marketing, Management and Entrepreneurship, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: vrozko78@gmail.com
Khlystun Anastasiia A. – Bachelor, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: hlustynnastya@gmail.com

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