Assessment and analysis of target values of indicators of economic activity of the organization as a stage of formation of information and analytical support

The formation and use of information and analytical support for the business management system is carried out in several interrelated stages. Modern transformation processes in economic entities require improvement of analytical work at all stages. In this paper, attention is focused on one of the essential stages of the development and use of economic indicators, during which their target values are set. To develop the methodology for evaluating and analyzing target values, the author suggests using existing methods of comparative evaluation of indicators that comprehensively characterize the economic activity of organizations. The paper presents the results of research on the principles of setting and applying target values of business indicators, focused on best practices and achieving a high level of excellence in business processes. The concept of benchmarking and its role in the evaluation and analysis of target values of indicators is revealed. The contribution of benchmarking practice to ensuring business transparency and improving its efficiency is also noted. As a methodological tool, the study suggests taking into account the wide experience of domestic practice of applying comparative rating assessment of economic entities. The author also notes the need for scientific and practical justification for the use of reference assessment techniques, since this affects the strategic level of management in economic entities.