The State of Organization of the Management System and its Characteristics

Abstract

The development of the economy and its spheres is directly related to a more effective management mechanism, including the use of modern management technologies. In this regard, the management system is of particular importance. The development of various spheres of the economy requires the proper organization of control in the management system, the use of effective management methods, as well as the determination of efficiency criteria. Studies show that the efficiency of the management system reflects the contribution of management activities to the final result of the activities of economic entities. Therefore, the functional purpose of management in the mentioned areas is to ensure the efficiency of the main activity, which is determined by the degree of effectiveness of the organizational system itself in relation to the effectiveness of the management system. In general, the effectiveness of the management system is determined by the degree of implementation of goals and the level of profit, which is its integral indicator throughout the entire period of activity. The transformation of the economy following market relations necessitates a revision of the management mechanism and leads to conceptual changes in the methods and processes of the management system. The effectiveness of entity management, including its structure and activities, is a general direction of view. In this regard, the strategy in the fundamental principle of the management concept is considered one of the important issues in conditions of uncertainty. This approach requires aligning management goals and methods for achieving them with the overall strategy.