The transition economies in Central and Eastern Europe are emerging as interesting target markets for West European companies. In spite of the still looming threat of conflicts and chaos, the notable economic growth that is taking place in some of the former socialist countries has triggered...

This article describes a futures‐oriented leadership process called visionary management as developed in the Finland Futures Research Centre and implemented successfully with several medium‐sized companies in the 1990s. It is regarded as an addition to advanced management processes aimed at...