Since 1989 enormous changes have been experienced in Eastern and Central Europe by people and institutions. This book analyses the transition process from the perspective of enterprises in Bulgaria, Poland, the Slovak Republic and Russia. Various aspects of a firm's activities in transition are discussed by a distinguished group of contributors. The analysed issues involve: social impact of economic restructuring and privatisation (in Russia), transformation of organisational and managerial effectiveness, evolution of human resource management, development of small enterprises and entrepreneurship.