SWOT-analysis of the possibility for achieving sustainable development in galvanic production in Ukraine
DOI:
https://doi.org/10.33271/crpnmu/86.418Keywords:
sustainable development, ecological safety, galvanic production, resource- and energy-saving technologies, SWOT analysis, expected and unexpected risksAbstract
Purpose. Prospective assessment for achieving the sustainable development of galvanic production in Ukraine, recognizing the need for European integration in the EU, due to the additional stagnation of the SWOT analysis procedure for identifying inhibitory factors are seeking to obtain innovative resource- and energy-saving technologies for promote ecological safety in the minds of the socio-economic instability associated with the war.
The methodology of research. The assessment of the achieving sustainable development of the galvanic production has been conducted with SWOT analysis, the McKinsey matrix model and the Hurwicz pessimism-optimism criteria.
Findings. The possibility of the galvanic production has been established to achieving sustainable development in Ukraine, based on the slight predominance of the potential of opportunities and strengths over existing threats and weaknesses (B (1.630) > A (1.605)). The permissible risk level limits have been determined (Ropt = 15,1%), along with the classification of risks into expected and unexpected categories. High levels of both expected and unexpected risks have been identified (RPI (2,99) ≥ 1, Rexp = 74,9%), contributing to instability in achieving the desired outcome.
The originality. Strong correlations have been established between the SO and WO strategies (0,758) and between the ST and WT strategies (0,766); these confirm the multifaceted nature of the sustainable development of galvanic production and demonstrate that effectively leveraging opportunities and countering threats requires simultaneously taking into account both strengths and weaknesses. The application of an extended version of SWOT analysis has been further developed, for addressing socio-eco-economic challenges, as this approach enables the assessment of their implementation at the initial stage.
Practical implications. An analysis of SO, WO, ST, and WT strategies enable the strengthening of advantages and the maximization of opportunities, as well as the timely development of measures to minimize the most dangerous impacts of existing threats on identified weaknesses. The proposed approach is flexible and capable of accounting for local specificities through the adjustment of SWOT matrix factors; it is applicable to enterprises of the galvanic production both in Ukraine and world.
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