Emerging trends in Ukrainian management styles and the challenge of managerial talent shortage

Author: Fuxman Leonora  

Publisher: Emerald Group Publishing Ltd

ISSN: 1056-9219

Source: International Journal of Commerce and Management, Vol.14, Iss.1, 2004-02, pp. : 28-43

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Abstract

Many Ukrainian firms experience managerial difficulties due to a lack of qualified managers. This shortage of managerial talent affects many firms, regardless of their size and origin. To solve this problem, small/entrepreneurial firms as well as medium-size firms rely mainly on their own managerial talents, while larger organizations turn to consulting management. Consulting management in the Ukraine is still in its infancy and suffers from a lack of managerial and restructuring experience in a free-market economy. This paper explains an organizational improvement model developed based on a small advertising agency that could be generalized for use by other firms.