To increase competitiveness, management of an economic entity in conditions of high competition and economic instability requires the formation of an analytical base for making effective and economically sound decisions. In this connection, management analysis aimed at identifying internal resources and external capabilities of the organization becomes especially relevant, as it allows assessing the current state of production, sales and management processes, and identifying strategic problems in the functioning of an economic entity. Industrial production, which is quite resource- and labor-intensive, requires targeted control and analytical procedures, namely, a comprehensive study of the activities of structural divisions that perform various functions, aimed at improving the quality component of management processes. The study involved the analysis of theoretical and practical knowledge of the management analysis methods, comparative assessment of financial and management analysis, in terms of their purpose, subject, data base, information user, etc. The authors have identified information flows generated in the system of management accounting and serving as the basis for conducting the management review. The expediency of using key performance indicators (KPIs) of structural divisions and individual categories of emploees has been proved, since KPIs indicate the effectiveness and acual degree of achieving the goals set. The study helped form key performance indicators of industrial organizations engaged in research activities in the field of heat power engineering (the manufacturing of central heating boilers) to ensure their subsequent mass production and sale.