The analysis of modern approach to managing business organization is given in this paper. The essential goal of modern doing business is to achieve business excellence and gain world class of products and services. Companies which apply modern methods and techniques of management actively and continually have much better chance to strengthen their competitive ability on global market and to establish firm position with the perspective for further market growth. Modern business philosophy

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... the fact that the organization has to be responsible for its actions and moves toward all the actors in the surrounding. Achieving the goals of business excellence of an organization assumes a built corporative social responsibility. In order to become competitive in the international circles domestic companies have to change the way of thinking and adopting of modern world achieving in the field of managing the organization.