The factor analysis of productivity in business organization (case study of oil companies of the Russian Federation)
The article explains the need for analysis of productivity at the micro level in order to find the main factors determining productivity in corporations. There is considered the model of factor analysis of labor productivity, based on the approach of Dupont. This model allows to obtain different combinations of factors that affect the desired proportion. Labour productivity in the model is calculated from the turnover of assets, the multiplier of fixed assets, the assets and the proportion of workers in the total number of employees. It is shown that the proposed factors fully reveal the essence of the issue. Factor formula of productivity is based on objective economic indicators and can be used in practice for analysis and managerial decision-making. Using the proposed formula, there was conducted a factor analysis of labor productivity in 6 Russian oil companies, which showed that the main factors in the growth of labor productivity in the studied companies are capital-and asset turnover. Multiplier of fixed assets and the proportion of workers in the total number of employees have a negative impact on productivity growth. In order to solve these problems it is proposed to use entrepreneurial approaches to the organization of production companies, project management methods, new approaches to pricing and others.