Tsybatov V.A. Digitalization of Goal-Setting: From the Formation of a Target Plan to Creation of a Development Scenario

Vladimir A. Tsybatov
Samara State University of Economics, Samara, Russian Federation

Abstract. The growing dynamics of economic processes, uncertainty and complex interconnectedness of development goals require an early transfer of the process of strategic goal-setting of regional development into the format of digital models that would make it possible to recalculate the quantitative parameters of the strategy in case of any change in target guidelines, resource constraints and parameters of the external environment. This action would sufficiently increase the efficiency of the entire strategizing process. The most important tasks in this case are the development of an end-to-end methodology and the digitization of the processes of development of a consistent system of targets and their attainability assessment. The article attempts to document the solution of the tasks of goal-setting and forecasting and to provide users with digital tools to facilitate the passage of these stages in the process of strategic planning of regional development. An approach to achieving the statesd goals is suggested within the framework of problem solution of the best distribution of produced goods between accumulation and consumption. It is shown that the target indicators used in strategic planning should be divided into basic, supporting and derived ones. In this approach, target values should only be set for the basic indicators. As for the supporting indicators the target values should be calculated when solving the task of economic capacity development which is necessary and sufficient to ensure the target values of baseline indicators. The informational technology for the construction of regional development scenario is based on the SNA methodology and computable models of general equilibrium leading to the achievement of the goals set. The technology presents a system of digital models that provide a quantitative description of the results of strategic planning as a single process which starts from the target plan and ends by the development scenario. The core of the system of models is a digital model of the region (constituent entity of the Russian Federation), built within the class of computable general equilibrium models. The developed methods and tools will be useful for developers of regional strategies, since at the goal-setting stage they allow to balance strategic goals and avoid irreconcilable contradictions in the process of target setting.

Key words: strategic planning, target indicators, basic goals, supporting goals, target GRP, system of digital models, digitalization of goal-setting.

Citation. Tsybatov V.A., 2021. Digitalization of Goal-Setting: From the Formation of a Target Plan to Creation of a Development Scenario. Regionalnaya ekonomika. Yug Rossii [Regional Economy. South of Russia], vol. 9, no. 4, pp. 14-25. (in Russian). DOI: https://doi.org/10.15688/re.volsu.2021.4.2

Attachments: /eng/contacts/2_Tsibatov.pmd.pdf