Modern trends and emerging practices applied by organisations operating in Slovakia

^* prof. Ing. Luboslav Szabo, CSc., University of Economics in Bratislava, Faculty of Business Management, Department of Management. Dolnozemska cesta 1/b, 852 35 Bratislava, Slovakia, e-mail: luboslav.szabo@euba.sk, co-authors share 50%. Ing. Andrea Cambalikova, PhD., University of Economics in Bratislava, Faculty of Business Management, Department of Management. Dolnozemska cesta 1/b, 852 35 Bratislava, Slovakia, e-mail: andrea.cambalikova@euba.sk, co-authors share 50%.

Abstract

The interest in the modern trends in management comes both from the academic field as well as from the practice. Based on the results of our research and literature review we compiled a theoretical basis related to the modern managerial methods and tools used in the organization. We researched the traditional factors of management, hard factors and soft factors, more specifically what importance in managing of the organization is assigned to each of them. Our research has shown that the soft factors of management consider enterprises in Slovakia as those more important. A drawback is a fact that respondents rated corporate culture as the least important factor, while the successful implementation of the most modern management trends requires a change in corporate culture therefore it should be an important part worth paying attention.