Developing competent managers: the ‘shadow’ of Hungarian history

Hungary is deemed to be one of the economies that has successfully undergone the changes and undoubtedly it is undergoing a process of rapid and concentrated change. It is generally considered that Hungary has successfully completed these changes, and is now ready to take its rightful place in the European Union. Despite this, it has been pointed out that Hungarian managers are still lacking in education and training, that there is a lack of innovation, and that there is still a certain resistance to change manifest in the continuance of the ‘black market’ economy. However, it is optimistically expected that the influx of Western managerial practices will soon put this to rights (Agenda 2000).