INFLUENCE OF A TURBULENT ENVIRONMENT ON THE MANAGING OF A MINING ENTERPRISE

Abstract

Motivation: It should be taken into consideration that classical planning methods that worked well at the end of the 20th century are often not effective in a turbulent environment. The article presents planning methods that can be applied in such conditions.

Problem statement: The article presents methods of planning of the future in a variable environment. There are constant changes in the macro-environment of mining enterprises in Poland. Therefore, it is extremely difficult to create an appropriate plan for the company's core business i.e. extracting hard coal deposits.

Approach and results: The scenario-based planning and SARIMA mathematical model and the forecasts for the demand for hard coal based on them have been presented. The scenarios are used to verify the potential company strategy.

Conclusions: It should be noted that the strategy must be created in several variants which finally will enable the company to choose the one that will let it gain a competitive advantage. Only then will the mining company be able to stay ahead of its competitors. In order to allow decision-makers in companies to make the right decisions, appropriate methods and tools for managing the company should be used.