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8220Towards Innovation8221

to the rapid pace of change.To conclude, the pace of change in the environment dictates that organizational structure must be constantly evolved to suit the current circumstances. Technology advancement has made it possible to shift from concentrating organizational design on maximizing communication and information exchange efficiently. Education quality of organization members is such that ideal structures need to ensure that all members of the organization can contribute ideas. As an effective organization is innovative in successfully achieving its goals, and innovative structures are generally less formalized, the environment of the 21st century is such, that to be effective, organizations are tending towards less formalized structures than used in the past....

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