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Abstract
Approach – This paper presents a review of the works from both theoretical and empirical points of view. The paper presents modern trends in business management, and identifies their fundamental consequences – contemporary organizational forms. As a result, the author has analysed the causes of increasing innovativeness of companies, which changes the existing paradigms of management. In addition, much attention is devoted to the start-ups, which have recently become important players on the domestic, international and global market.
Findings – Constantly developing globalization, the use of modern management methods and techniques, as well as changing cultural values and distinctive competencies are only some of the trends that influence the development of new organizational forms of businesses. They contribute positively to both higher operational flexibility and a distinctive development of the organization in a highly competitive environment. They bring a lot of positive effects for companies, their employees, and the national economy. In particular, they increase business innovativeness and enable international cooperation. Unfortunately, they also entail risks, which need to be addressed and quickly responded to.
Research limitations/implications – The main limitation is the paper’s theoretical nature.
Originality/Value – The considerations made in this document will help to diagnose the cause of the growing innovativeness and modernity of companies in terms of selecting the appropriate organizational form.
Paper type – Literature review.
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DOI: http://dx.doi.org/10.17951/ijsr.2016.5.0.165
Date of publication: 2017-05-23 10:49:46
Date of submission: 2017-05-23 10:48:52
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