Improving the efficiency of management of industrial enterprises based on benchmarking

The effectiveness of enterprise management depends on the correctly chosen methods and methods of management. Benchmarking is a tool for improving management efficiency, which allows you to improve processes at the enterprise. Benchmarking is one of the popular controlling tools that compares the key characteristics of one organization with leading organizations. This article discusses the principles, types and stages of benchmarking. It is concluded that the correct application of the experience of competitors allows to increase the profit and competitiveness of the enterprise. The article notes that the best and most effective result from benchmarking depends on a properly organized process of its implementation, carefully selected areas of future research and methods for their implementation.