The tools improving the effectiveness of management system of enterprise

Abstract

Modern economy requires adequate control systems at all levels, sectors of economy. Being the subject of commodity-money relations, having wide economic independence and responsibility for the results of its operations, enterprises should form such a management system which ensures them high efficiency of operations, competitiveness and sustainable position in the market. Increasing effectiveness of management is essential for improving final results.Productivity of work of the enterprise depends on production efficiency of business products; therefore effectiveness of system of management of the enterprise depends on the used tools. The most effective instrument and the integral component of management is information system. The more information system is focused on real business challenges and conforms to the standard of business management the higher is its effectiveness. Thus, business management on the basis of process-product approach has to be exercised by means of the product-focused information system with every task realization and developed on the basis of the standard of management of the enterprise.