Risk and Uncertainty in Concept of Corporate Lifecycle

Abstract

Regularly changed destructive periods in organizational development mean that the lifecycle exists. A nature of its formation hides a number of important conceptual regularities. One aspect of these trends is relationship between distribution of uncertainty and risks in lifecycle models, underlying motives of their formation and determining participation in development of organizational immunity. A closer definition of these issues is an objective of this research. The paper reviews the history of the lifecycle concept, gives its analysis and possible applications in management studies. In the analytical review of literature, there is an attempt of theoretical systematization for some provisions from the concept on consistency and continuity of stages turnover, on conditions of their identification and a nonlinear path. For discussions of the scientific community, the author presents hypotheses of the available effect of compression (density) in development stages, as well as heterogenic risk concentration. There is an assumption that economic systems have different orders for both the general and short lifecycles. Based on generalized theoretical and methodological provisions of stages in the lifecycle phases, the author attempts to combine functional and evolutionary models. The author also details distinctive features in the process of control over uncertainty and risks in the sequence of development stages.