of any enterprise should be monitored closely - this truth has long since become an axiom of business.However, monitoring should consist not only in the verification of the management tasks and calculations of the financial activities, but must also include a deep analysis of the situation and the development of ways to improve the current situation.This procedure is known as a management review.
No business can exist for quite a long time without making any changes to the scheme of his work, organizational structure, reporting lines and conduct business transactions.Management analysis aims to provide a comprehensive picture of the company at a specific point, and on the basis of the data to make recommendations on how to improve the efficiency of the firm.It is thanks to the analysis and the possibility to compose a long-term perspective of development strategies of organization, which means that there is an opportunity, and planning and forecasting future performance.In addition, timely monitoring of the situation in time makes it possible to detect any problems in the life of the company, which can then cause serious crises.
course, you should pay attention to the fact that, depending on the scope of the company's tools and features of the analysis may vary considerably.Thus, the management analysis in the trade would have very little to do with the analysis of, say, the agricultural activities of the company.However, the main directions of research still are common to all spheres of economic activity.
So, management analysis involves the study of the following aspects:
- analysis of the external and internal environment - involves identifying the main factors affecting the company, both outside and inside.In fact, analysis of the internal and external environment is where most SWOT Analysis, where SW is an analysis of the internal environment and the OT - the analysis of the external environment.
- Analysis of the organizational structure of the company - is part of the analysis of the internal environment, but often imposed as a separate item.A management review, which takes place without an understanding of how the company can not be effective
- analysis of fixed assets, current assets and human resources - data analyzes provide an opportunity to assess the overall performance of the enterprise.Thanks to these analyzes it is possible to reveal the hidden resources that will help significantly increase the efficiency of the enterprise.Thus management analysis helps to move from extensive development to intensive.
- Analysis of financial results and accounting records - helps identify weaknesses and errors in the construction and operation of the accounting system at the company.This makes it possible to detect errors in displaying actual situation in the documents.
Note that in this article we have given only the most general information about the analysis of the firm, but in fact the topic is extensive - students taking management analysis in industries Spurs believe the only way to pass this discipline.Spurs do not recommend that we use, but the guides and other special literature used not only possible, but necessary, because it will greatly facilitate your work.In these literature, readers will find both general information about the analysis of trends and specific methodology for certain types of analysis and interpretation of their results.We wish readers a successful analysis and make the right decisions concerning the development of the enterprises entrusted to them!
