THE INFLUENCE OF GLOBALIZATION ON THE EVOLUTION OF LEADERSHIP IN THE FORMER COMMUNIST COUNTRIES

In a general sense, globalization is the process of expansion, deepening and global interconnection, process which takes place in a changing space where social, economical or political relations are no limited by states borders. Globalization of the economy has grown with the expansion of capitalism and the free market economy has triggered and intensified global competition. Technological progress, cheaper labor and facilities applied for attracting investors, intensified and encouraged globalization. After a period of almost 50 years during which the socialist countries were isolated from all points of view, the fall of the communist bloc has begun globalization here, too. From natural desire to develop, the economies of the former socialist countries had to upgrade its know-how, to adapt and become competitive in the global competition. In this paper we aimed to highlight how this phenomenon of globalization influenced the perception on business, what involves leadership during socialism and which were the influence and its evolution after the fall of the communist bloc till now.