Tools of modern management

Abstract

The article based on the results of periodically published reports «Management Tools & Trends» by the consulting company «Bain & Company» examines trends in the field of application of management tools reflecting the realities of the current business landscape. It is concluded that in the conditions of unpredictability of the external environment, companies are consistently working to find and test effective management tools, and the scientific community is faced with the task of more actively studying the results of these efforts, emerging trends, and initiating longterm strategic changes.

Keywords

• management
• management tools
• organizational routines
• strategic management
• digital transformation
• prevalence
• efficiency
• trends