Improving the efficiency of the company’s activities while optimizing auxiliary business processes

Abstract

The directions of improving the efficiency of economic work and operational efficiency of the company in modern conditions are gradually shifting from the predominant assessment of the main activities to a complex analysis, including auxiliary and non-systemic processes. Such a shift is based on innovative management approaches formed within the framework of the individual functioning of individual commercial organizations, the application of which is complicated by the lack of proven and reasonable ways to optimize activities and increase operational efficiency.The purpose of the study is to identify standardized opportunities to improve the efficiency of the functioning of commercial enterprises based on the use of auxiliary reserves for business processes. The relevance of the topic is determined by the need to develop solutions that provide additional economic benefits to organizations interested in this.The object of the article was to select the activity of private economic organizations from the sphere of transport services, and its subject was their resource base as a reserve for increasing the efficiency of work.Methods of econometric and statistical analysis and modeling, theoretical formulation of promising development directions was used as tools.The results of the article showed the importance of improving operational efficiency to achieve the final financial result of a commercial organization. The development and analysis of optimization solutions aimed at the development and functioning of the company within the framework of orientation to sustainable development were carried out, the negative impact of certain aspects of ESG transformation on the final result of a commercial enterprise was assessed. The economic result of the introduction of the author’s conclusions and recommendations into the workflow of a particular organization was an increase in the effectiveness of its activities.

Keywords

• commercial companies
• business processes
• operational efficiency
• reserves
• optimization
• economic activity
• management
• esg