Organizational changes in development process of technology startups

Abstract

Organizational growth and development are spurred by changes that arise as a result of business development. These organizational changes are most often explained in theory as a reaction to the resulting crisis, which ends in a transition from one to the other stage of organizational development. While in theory this topic is significantly explored within the traditional organizational forms, the changes that arise in the process of development of new technology startups are insufficiently researched. In the process of reaching business success in a highly turbulent environment, these temporary organizations are looking for a repeatable and scalable business model that will continuously deliver value to a large number of customers. In the process of development of new technology startups, there is a need for continuous changes and alignment within the organizational elements in order to achieve their goals. This paper is focused on the key changes that happen in the early stages of developing technology startups, with the aim of elaborating the most important elements of these changes that should lead to the successful development of technology startups.