Strategic enterprise management based on cost and risk management processes

One of the priority activities of enterprises at the present time is effective strategic management, for the evaluation of which, it is necessary to use a tool that allows you to create the prerequisites for the formation of sustainable development of the enterprise, which is the creation of value. The process of value creation is closely interrelated with the process of cost management and, as a result, the assessment that is necessary to choose a reasonable direction for the development of the enterprise, under the influence of external and internal environmental factors associated with risk. In order to implement this task, the article proposed a management model that combines the processes of creating value, managing the cost and risks of the enterprise.