Information technology impact on changes in company organizational structure

Abstract

The nature of production, market competition and the development of human society suggest that the technical and technological development is the condition for economic progress. Engineering and technology in all their dynamics have become both a condition and assumption of further development of a society. Thanks to new technological achievements in information sphere the assumptions have been created for more efficient and more productive business activities. Information Technology (IT) has powerful influence on the entire structure of a company, although it is not realized to the same extent or in the same way within all of its segments. It is more pronounced in some cases and less in some others. However, the IT influence is increasing and in many ways it becomes more important if compared with the influence of other situation factors which determine the company organizational structure.