Criterion-Based Block System of Indicators for the Integrated Assessment of the Quality of Enterprise Managerial Decisions under Risk and Uncertainty

Abstract

The article examines the methodological foundations for developing a criterion-based block system of indicators for the integrated assessment of the quality of enterprise managerial decisions under risk and uncertainty. The initial premise of the study is the distinction between the quality of managerial choice, the effectiveness of its implementation, and the influence of external conditions, since financial performance combines the consequences of a decision, resource constraints, random deviations, changes in environmental parameters, and the organizational capacity for implementation. The purpose of the study is to substantiate a criterion-based block system of indicators for the integrated assessment of the quality of enterprise managerial decisions by establishing correspondence among the components of decision quality, generalized variables, primary indicators, and assessment blocks. The research methods are based on theoretical generalization, structural and logical analysis, criterion-based grouping, formalization of the indicator system, principles of multiple-criteria assessment, and methodological approaches to constructing composite indicators. The results of the study consist in forming a criterion-based block system of indicators that covers the acceptability of the consequences of a managerial decision, the grounds for its justification, the quality of the information base, the completeness of alternatives, the definiteness of criteria, the consistency of assumptions, procedural verification, resource and organizational readiness, implementation control, and review after changes in the enterprise’s operating conditions. The composition of generalized variables is substantiated; these variables reflect different parts of the managerial decision cycle and link quantitative indicators, qualitative features, and proxy indicators with the corresponding components of quality. The block structure of assessment is defined, distinguishing the block of consequence acceptability, the block of justification grounds, the block of procedural verification, and the block of implementation, control, and review. It is demonstrated that the block profile preserves the diagnostic content of integrated assessment, since the same final result may correspond to different combinations of strong and weak components of managerial decision quality. The limits of substitutability among quality components are substantiated: high performance does not offset defects in the information base, a narrowed set of alternatives, unverified assumptions, or insufficient implementation control, while the formal presence of justification does not replace procedural verification of calculations and the cause-and-effect logic of choice. The obtained results form a methodological basis for further normalization of heterogeneous indicators, assessment of information coverage, substantiation of weighting coefficients, and applied testing of the integrated index of the quality of enterprise managerial decisions.