Based on interviews with Russian and Western managers and empirical data collected over five years, Puffer (business administration, Northeastern U., Boston) describes the mindset of Russian business managers and its historical development, managing private and state-owned enterprises through the transition, and aspects of western collaboration such as business ethics and motivating employees. For western managers eager to reap the spoils of the capitalist triumph. Annotation copyright by Book News, Inc., Portland, OR

Translated from the Russian. Includes bibliographical reference and index.

An examination of production relations in Russian industry during the transition process. Using case studies, the focus is on the gap between formal and informal relations in the work place, a key feature of traditional Soviet industrial production.

This book tells the story of what might have been considered an unlikely source of dynamic change in Russia - formerly state-owned manufacturing enterprises and their managers. Based on interviews conducted over a six-year span with managers at 47 manufacturing, light industry, consumer durable, and food processing firms in four Russian cities, the study documents the real world challenge of turning hidebound, often dysfunctional manufacturing operations into thriving companies. With analytical rigor and theoretical creativity, this work will dispel some common misconceptions about the Russian economy and make a contribution to the literature about management, company strategies, and corporate governance.

This book includes the papers presented at the II International Applied Research Conference “Operations and Project Management: Strategies and Trends” and the International Research Conference “Management in Financial Economy” held in Rostov-on-Don on May 19–20, 2021 within the framework of the South Russia Business Education Forum. The articles included in the book present a comprehensive analysis of the problems of adaptation of traditional and new methods of operational and project management, development of technologies for business process and supply chain management, development trends in financial economy discussed both on a global scale and in the context of sustainable socio-economic development at the meso-level of regions and industries, which not only reveals the nature of the ongoing processes, but also demonstrates their specifics in industry, agriculture, service industry in Russia, CIS countries, Europe, and China. Particular attention is paid to business education in the new economic realities. The polemical focus of the above-mentioned issues in conjunction with the accuracy of the presented analytics makes it possible to come to unconventional, though practically realizable solutions.