REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Annotated catalogue (2025)

Thematic sections of the journal

Proceedings of scientific conferences

Artificial Intelligence as a Tool for Supporting Managerial Decision-Making in Strategic Planning of Small and Medium-Sized Enterprises in Ukraine
Krasnostanova N. E., Mikhliaiev M. O.

Krasnostanova, Nataliia E., and Mikhliaiev, Maksym O. (2025) “Artificial Intelligence as a Tool for Supporting Managerial Decision-Making in Strategic Planning of Small and Medium-Sized Enterprises in Ukraine.” Business Inform 9:70–77.
https://doi.org/10.32983/2222-4459-2025-9-70-77

Section: Globalization Processes in the Economy

UDC 658:004.8

Abstract:
Based on the importance of small and medium-sized enterprises (SMEs) for the development of Ukraine’s economy and considering the high level of uncertainty and numerous risks involved in their operations, this article argues the need to explore new approaches to strategic management. Among innovative tools, artificial intelligence (AI) technologies occupy a special place, as they can significantly enhance the processes of preparing and making managerial decisions in business activities. The aim of this study is to analyze the potential applications of AI in the strategic planning of small businesses in Ukraine and to assess its capacity to improve efficiency, innovation, and competitiveness of enterprises. The work utilizes general scientific methods, summarizes the results of research by Ukrainian and foreign authors, as well as reports from international organizations. The application of elements of a systematic approach made it possible to identify the interconnections between the key challenges of SME development and the opportunities for implementing AI-based digital technologies. It is found that integrating artificial intelligence tools into the strategic management process allows for the automation of internal and external environment analysis, rationalization of resource allocation, improved accuracy of trend forecasting, and the assurance of efficient strategy implementation control. The functionalities of AI include: shaping the company’s mission, defining long-term goals, evaluating strategic alternatives, choosing the optimal development strategy, monitoring its implementation, and managing risks. At the same time, key barriers to implementation have been identified, namely: limited financial resources, a lack of high-quality data, the need for specialized staff training, legal aspects, resistance to change, as well as adherence to ethical standards and cybersecurity requirements. Further research should be aimed at developing practical recommendations for adapting existing artificial intelligence tools to the characteristics of Ukrainian SMEs, as well as at creating mechanisms to reduce integration barriers. The use of AI can become a significant factor in enhancing the resilience of enterprises, ensuring their competitiveness, and promoting more active integration into the global digital environment, which aligns with current economic development trends.

Keywords: artificial intelligence, enterprise, small and medium-sized enterprises, decision-making, strategic management.

Tabl.: 1. Bibl.: 17.

Krasnostanova Nataliia E. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management, Finance and Business Technologies, Institute of Public Service and Administration Odesа Polytechnic National University (22 Henuezka Str., Odesa, 65062, Ukraine)
Email: [email protected]
Mikhliaiev Maksym O. – Candidate of Sciences (Economics), Associate Professor, Department of Management, Finance and Business Technologies, Institute of Public Service and Administration Odesа Polytechnic National University (22 Henuezka Str., Odesa, 65062, Ukraine)
Email: [email protected]

List of references in article

Arroyabe, M. F., Arranz, C. F. A., Fernandez de Arroyabe, I., & Fernandez de Arroyabe, J. C. (2024). Analyzing AI adoption in European SMEs: A study of digital capabilities, innovation, and external environment. Technology in Society, 79, Article 102733. https://doi.org/10.1016/j.techsoc.2024.102733
Carayannis, E. G., Dumitrescu, R., Falkowski, T., & Zota, N.-R. (2024). Empowering SMEs: Harnessing the potential of Gen AI for resilience and competitiveness. IEEE Transactions on Engineering Management, 71, 14754–14774. https://doi.org/10.1109/TEM.2024.3456820
Donchak, L. H., Pohrishchuk, O. B., & Sysoieva, I. M. (2024). Stratehichnyi menedzhment u tsyfrovu epokhu: vyklyky ta mozhlyvosti [Strategic management in the digital age: challenges and opportunities]. Ekonomika ta suspilstvo, 70. https://doi.org/10.32782/2524-0072/2024-70-63
Doroshenko, H. O., & Ternova, I. A. (2025). Shtuchnyi intelekt u stratehichnomu upravlinni: transformatsiia protsesiv pryiniattia upravlinskykh rishen v umovakh tsyfrovoi ekonomiky [Artificial intelligence in strategic management: transformation of management decision-making processes in the digital economy]. Aktualni pytannia ekonomichnykh nauk, 12. https://doi.org/10.5281/zenodo.15723000
Enhancing Resilience by Boosting Digital Business Transformation in Ukraine. (2024). OECD Publishing. https://www.oecd.org/en/publications/enhancing-resilience-by-boosting-digital-business-transformation-in-ukraine_4b13b0bb-en.html
Hrynchuk, Yu. S., Liashenko, N. A., & Vasylyk, S. K. (2025). Shtuchnyi intelekt i stratehichne upravlinnia: tendentsii vzaiemodii u tsyfrovu dobu [Artificial intelligence and strategic management: trends of interaction in the digital age]. Internauka. Seriia «Ekonomichni nauky», 6. https://doi.org/10.25313/2520-2294-2025-6-11076
Hvozd, M. Ya., Olynets, A.-M. Ya., & Ostashchuk, R. M. (2024). Synerhiia stratehichnoho upravlinnia ta innovatsii dlia rozvytku pidpryiemstva v umovakh tsyfrovoi ekonomiky [Synergy of strategic management and innovation for enterprise development in the digital economy]. Tsyfrova ekonomika ta ekonomichna bezpeka, 5, 110–115. https://doi.org/10.32782/dees.14-17
Kutsyk, P. O., & Kovtun, O. I. (2024). Zastosuvannia tekhnolohii shtuchnoho intelektu v systemi obgruntuvannia stratehichnykh rishen upravlinnia biznesom [Application of artificial intelligence technologies in the system of substantiating strategic business management decisions]. Pidpryiemnytstvo i torhivlia, 42, 94–109. https://doi.org/10.32782/2522-1256-2024-42-13
Kuzminov, M. (2024). Stratehichne upravlinnia ta shtuchnyi intelekt yak instrumenty efektyvnoi diialnosti pidpryiemstv [Strategic management and artificial intelligence as tools for effective enterprise operation]. Ekonomichni horyzonty, 4, 145–152. https://doi.org/10.31499/2616-5236.4(29).2024.316528
Mishchenko, V. I., & Naumenkova, S. V. (2024). Mekhanizmy derzhavnoi pidtrymky vykorystannia shtuchnoho intelektu dlia zabezpechennia stiikosti ekonomichnoho rozvytku [Mechanisms of state support for the use of artificial intelligence to ensure sustainable economic development]. Ekonomika Ukrainy, 5, 30–56. https://doi.org/10.15407/economyukr.2024.05.030
Nesterova, K. S. (2024). Intehratsiia shtuchnoho intelektu u stratehichne upravlinnia pidpryiemstvom: perspektyvy rozvytku [Integration of artificial intelligence into strategic enterprise management: development prospects]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia «Mizhnarodni ekonomichni vidnosyny ta svitove hospodarstvo», 53, 82–86. https://doi.org/10.32782/2413-9971/2024-53-13
Penner, S. O., Rymartsov, V. V., & Lobai, R. R. (2024). Informatsiini tekhnolohii yak instrument stratehichnoho upravlinnia innovatsiiamy v orhanizatsii [Information technologies as a tool for strategic innovation management in the organization]. Ekonomika ta suspilstvo, 67. https://doi.org/10.32782/2524-0072/2024-67-97
Shutiak, Yu. V., Vus, V. I., & Arefieva, A. V. (2021). Shliakh do Scopusu [The way to Scopus] (Yu. V. Shutiak, Red.). Nova Knyha. Vinnytsia.
Taranych, A. V., & Pelekhatskyi, D. O. (2024). Vykorystannia shtuchnoho intelektu v protsesakh stratehichnoho upravlinnia pidpryiemstvamy [The use of artificial intelligence in the processes of strategic management of enterprises]. Ekonomika Ukrainy, 1, 54–65. https://doi.org/10.15407/economyukr.2024.01.054
Tsentr ekonomichnoho vidnovlennia (CER), & AdvantER Group. (2024). Otsinka vplyvu viiny na mikro-, mali ta seredni pidpryiemstva v Ukraini [Assessment of the impact of the war on micro, small and medium-sized enterprises in Ukraine] / Prohrama rozvytku OON (UNDP). https://www.undp.org/sites/g/files/zskgke326/files/2024-04/undp-ua-smb-2024.pdf
Yak pratsiuiut investytsii v shtuchnyi intelekt v Ukraini [How artificial intelligence investments work in Ukraine]. (2025, 26 chervnia). Ekonomichna pravda. https://epravda.com.ua/projects/shtuchniy-intelekt-808481/
Zaichko, I. V., & Zaichko, V. I. (2025). Intehratsiia shtuchnoho intelektu v stratehichne, antykryzove ta korporatyvne finansove upravlinnia [Integration of artificial intelligence into strategic, anti-crisis and corporate financial management]. Sotsialnyi rozvytok: ekonomiko-pravovi problemy, 6. https://doi.org/10.70651/3083-6018/2025.6.02

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»