The Convergence of Cultures: from Socialism to Capitalism

In the article we discuss the convergence of cultures in the period of transition from socialism to capitalism in the case of three post-socialist countries: Slovenia, Serbia and Russia. The research is focused on studying of the on-going convergence of values between different nations and different generations as it may be observed in the business environment. This research is based on the Trompenaars model, who has made an extensive study of national and organizational dimensions of culture of managers. Our findings show that there are significant differences between the values of senior and younger managers. National differences are more accentuated among older managers than younger. The values of younger generations of managers are more similar. There are many reasons for the convergence of cultures among young generation, our research shows that one of the key reasons lies in education