Introduction The Hungarian economic reform in 1968 was a departure from the centralised, autocratic economic and political system which existed prior to that time. In the old system, those at the different levels of the power structure were absolutely self‐confident about their ability and...

In the rapidly changing, increasingly uncertain environment the quality of leadership will be the key to business long-term success. The focus will be on the so-called soft skills: humanity, cooperation, social responsibilitiy, ethical behaviour, flexibility, conflict handling and trust...