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Abstract:At present, the competition in the market of fuel and energy resources is constantly increasing and the risks are becoming higher, in this regard, it becomes necessary to choose new directions for the development of the Russian petrochemical industry. All management entities of the petrochemical industry need to constantly improve their conceptual approaches, methods, mechanisms, which in turn are used during the preparation and adoption of strategies to address important issues in the new unstable conditions. Despite the fact that the petrochemical complex has already established the necessary management structures, which, in turn, correspond to the specifics of the market, taking into account the high capital intensity and inertia of the petrochemical industry in Russia, it is very important to improve strategic management methods. This is necessary in order to achieve stability and effective development of the petrochemical industry. This article presents the mechanism of strategic management of the petrochemical industry development, the conceptual scheme of the strategic management system and the recommended structural elements for the Russian petrochemical industry
Keywords:mechanism of strategic management system formation, melodic approaches, petrochemical industry, strategic management
JEL-Classification: F64, Q35, Q38
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