Management transformation in the former Soviet Union : Estonian managers evaluate past and forthcoming transition

A successful accomplishment of an economic transition does not depend only upon a functioning economic policy but, first and foremost, upon enterprise managers' ability to adapt to the new economic conditions. Enterprise managers are ultimately responsible for the realisation of macro-economic reforms in practice. Therefore, the research should be increasingly focused on the micro-economic transformation. This article describes managerial transformation in Estonia in the 1990s. As Estonia has carried out its macroeconomic transformation most successfully among the post-Soviet republics, Estonian managers' views could provide guidelines for the evaluation of the management transformation in other parts of the former Soviet Union.