An algorithm for assessing and activating the resource potential of the region's industrial sectors

The article offers the author's methodological approach to managing the resource base of regional industries, based on the differentiation of the concepts of «resource provision» and «resource potential». The research transforms the analysis of the industry's production cycle into an analytical tool for quantifying resource efficiency. A model has been developed to identify «unrealized resource potential» as the difference between actual performance indicators (KPIs) and reference values reflecting industry best practices. The methodology is based on a risk-based approach, which provides for potential adjustment taking into account external and internal threats. The proposed toolkit allows us to objectively diagnose hidden growth reserves and formulate targeted strategies to increase competitiveness and sustainable economic development of the region