Theoretically and methodological providing of modern management

Abstract. The right choice of the necessary business and management instru- ments, including the appropriate normative legal or theoretical and methodological basis, high levels of efficiency and coordination in management, knowledgeable leadership, particularly in the area of implementation a management decisions con- cerning, inter alia, sustainable exploitation of resources are factors that particu- larly important in the context of implementing the decentralization and public management reform, as well as sustainable development of our country. The current theory and management issues, the theoretical and methodological aspects of the administration have an influence on the two sides: first of all, on result and ef- fectiveness of the different sectors of economy; but, on the other hand, on the level of the social support for the different segments of the Ukrainian population. Under these circumstances, significant research into many aspects of theoretical and methodological foundation of modern management is necessary in an increas- ingly competitive environment conditions and the transformation of market relations. The article is devoted to the analysis of considerable theoretical and method- ological foundation of modern management as a primary way to inform and imple- mentation a management decisions at all management levels – national, regional, municipal and enterprise by which sustainable social and economic development of Ukraine is achieved. Comparison, methods of abstraction, analysis and generalization, graphic and tabular modeling are the research methods which were used in the article. In this science paper the concept of “modern management”, the theoretical and methodological basis, main features, basic principles and functions of the administration and impacts of the management decisions on social and economic development of Ukraine in the context of decentralization, reformation of public management and promoting the culture of managerialism are analyzed by authors. So, based on research, it was determined that the theoretical and methodological foundation of modern management can be improvement by building strong and accountable state institutions, preparation of quality executive decisions, forming professional civil service, launching e-governance, providing convenient services to general public. Key words: management, administration, theoretical basis of management, methodology of modern management, public management, management of enterprises, managerialism.