The use of modern management technology to improve business efficiency

Abstract

In the dynamic world, any company needs tools and methods for improving business efficiency. High competition in the global market dictates the need to find ways to be competitive. For this purpose, it is necessary to use advanced achievements and technologies in business management. New management methods, including a process approach, are required. The purpose of the article is to prove the expediency of the process approach as a method for improving the company’s management system and developing recommendations for optimizing key business processes.