The causal links of corporate crises: theoretical foundations

The article deals with causal relationships leading to the bankruptcy of organizations. Bankruptcy is noted as a real and objective manifestation of the crisis at the company level. The author clarified the main definitions and interrelations of such concepts as "cause - symptom - crisis". Such features of the causes of crises as multicausality, mimicry, inertia and synergy are noted. For a fundamental theoretical understanding of the sources of the causes of the crisis, the author assumes that the root cause of all subsequent causes are radical and inherent in any system contradictions, which have a limited number, unlike causes and symptoms. Having revealed the causality of the “contradictions - causes - symptoms - crisis” connections, a fundamental cybernetic scheme of crisis management with the formation of a mandatory feedback mechanism that characterizes the completeness of the management process is proposed. The proposed cybernetic scheme is described by a number of mathematical dependencies and has its own solution. In order to radically resolve fundamental contradictions and consciously transfer the system to a new level of stability, it is proposed to use a conceptually new innovative direction for ensuring strategic sustainable development of organizations, the mechanism of autogenous self-generated or, in other words, controlled crisis. Directions for further research in such areas as symptomatology, cybernetic modeling and mathematical support of the tasks are outlined.

crisis, crisis situations, bankruptcy, turnaround management, anticrisis management, autogenic crisis, causality, causes, symptoms, cybernetic economic systems