The Impact of Globalization on Managerial Learning

Abstract

The Problem and the Solution. For more than forty years, Romania lived under an autocracy, with severe discipline and a largely rural culture. The man agement system was centralized and poorly adapted to economic reforms. The overthrow of Ceausescu's regime in December 1989 marked the beginning of a new era of globalization in Romania This chapter examines the critical learn ing experiences that enabled owner-managers of small private companies in Romania to lead successfully in the transition to a global, free market economy, in order to determine what triggered their learning, what strategies they used, and what lessons they learned This chapter reports the findings related to glob alization and its influence on managers' learning and the implications for devel oping human resources.