Proceedings of the 1st International Conference on Emerging Trends and Challenges in the Management Theory and Practice (ETCMTP 2019)

In management, as in any other social science, the system of ideas about reality adopted by consensus is of key importance, since it is directly expressed in the behavior of both an individuals and entire public institutions, regardless of what happens in the physical world. In contrast to the provisions in the natural sciences, the systems of representations in the social sciences can and do change under the influence of new technological, social, demographic and economic realities. The study of emerging trends and problems in the theory and practice of management causes quite obvious and deserved interest in the scientific community. The classical theory of management in the modern world is increasingly less likely to provide answers to pressing questions of practice. It should be noted that the founders of the theory of management (Taylor, Fayol, Follet, Weber and others like them) thought of it as the science of cost control. Today there is no lack of advices how to save money, but there is how to make them.

Today it is obvious that a business success, organizations sustainability, their competitive advantages are very much depending on development, transformation or even disruption of conventional business models, rather than of simple exploitation of internal factors of extensive growth. Unfortunately, most of companies nowadays are suffered precisely because of a lack of true leaders, capable both mentally, and technically to conduct such kind of development, to see a talent in each of employees and to rule a team of such talents.

One major consequence of globalization is greater mobility in international capital and labor markets. New technologies, in the first turn, digital technologies, create a global marketplace for everything - resources, capital, labor, knowledge, experience. The outcome of this is a emerge of more opportunity, as well as threats. And obvious, all these means new challenges for managers.

The term "Industry Four Point Zero" has become not only familiar to many of us nowadays, but even almost ordinary. When Frederick Winsloy Taylor systematized his ideas about the role and functions of management in the production process, he had no idea to define the industry of that time with the term “Industry Two Point Zero.” But today we say this not only and not so much because this term was promoted at the Davos Economic Forum by Klaus Martin Schwab, but because it reflects fundamental shifts in the place and role of man in the process of production and organization of a collective labor in general. Throughout the previous 300 years of industrialization, a human has gradually but steadily freed himself from functions that require physical efforts from him, and has increasingly concentrated on intellectual and creative tasks. But today we see how these functions are transferred to machines as well. Machines can control, make decisions, regulate production processes and even create. In the context of the topic of our conference, the question arises of what the future holds for management? Will this profession die?

The goal of ETCMTP 2019 is to bring together the researches from academia as well as practitioners from industry to represent their views and ideas, concerns and findings in various aspects of management nowadays. The conference aims to help participants share the most up-to-date information on key concepts of economic and social development, transformation of approaches and models of company management in the context of globalization, development strategies of management systems in the conditions of "new reality", the impact of digitalization of the economy on the transformation of management systems, modern approaches to human resource management and the formation of the intellectual capital of modern organizations.

According to Google Analytics, for 3 months (August-October, 2019) the conference’s website ( has been visited by 649 original users from 43 countries. Russia, USA, Hungary, Poland, Comoros, Japan, Slovakia, China etc. are among them. Website pages have been viewed more than 5,000 times. 85 people registered to participate in the conference.

For these proceedings ETCMTP 2019 the Organizing Committee has selected 30 articles and hopes that they will be of interest to a fairly wide range of readers. The authors of these articles as well as all the conference’s participants deserve gratitude because they make great efforts in writing papers, prepare and make their presentation.

On behalf of ETCMTP 2019 the Organizing Committee I express sincere hope that all the participants will make much more progress in the academic fields and practice of management in the future.

Professor Victor Efremov