The technique of evaluating the efficiency of controlling adjusted for confectionary enterprises
The technique of evaluating the efficiency of controlling adjusted for confectionary enterprises

Summary/Abstract: The present situation of uncertainty and instability requires that an enterprise should increase efficiency and competenceof management, which might be achieved by means of controlling. The authors consider various approaches to the definition of«controlling» as a management control system that can provide an integrated evaluation of the achievement of the goals setbefore the enterprise. The approach based on a rating (integral) score most fully reflects the condition of the enterprise andits accomplishment of short-term, medium-term and long-term goals. The author-developed technique is based on a BalancedScorecard and was implemented and tested in December 2015 at a large Russian confectionary «KONTI-RUS», СJSC, whoseaccounting (financial) and management statements of 2014 served as a basis for the analysis and evaluation. The aforementionedconfectionary is a part of «KONTI» international corporation that unites three confectionaries in Ukraine and one in Russia. Theundertaken analysis of the controlling integral factors showed, firstly, that the confectionary has no Controlling Department, withthe controlling functions being distributed among the existing subdivisions of the enterprise, and, secondly, controlling integralfactors need improving. The improvement of controlling integral factors resulted in the increased efficiency of management, whichis reflected in the findings of the research. Thus, the implementation of controlling increases the efficiency and competence ofmanagement. The technique helps evaluate the efficiency of controlling adjusted for the specific enterprise activity.

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