EU Membership and Changes in the Local Management Culture. (The Case of Greece)
EU Membership and Changes in the Local Management Culture. (The Case of Greece)

Summary/Abstract: The experience of the developed market economies is of crucial significance for transition countries. They could learn, however, more from the countries with which they share some common aspects. Many of the Balkan countries, including Bulgaria, could benefit more if they turn their attention to the most developed in the region—the Greek economy, with which they have some cultural similarities. Greece is a major trade partner of Bulgaria and, similar to Greece, the majority of the newly established enterprises in Bulgaria are SMEs from almost the same sectors (like food processing and textile). This paper explores the changes in managerial culture and practices of the Greek enterprises under the influence of Greek EU membership. Those changes resulted from both the EU business regulations and the influence of the most developed managerial techniques of MNCs, operating in the country after the accession. The progress of Greek enterprises in the high quality maintenance, client’s satisfaction, and the adoption of new technologies could serve as a pattern to be followed by other neighboring countries.

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