The Treuhandanstalt was given the task of privatizing former German Democratic Republic-owned enterprises and restructuring them so that they could survive and function in a market economy. The enormity of this task entailed personnel reductions as high as 10-20% in many cases and many qualitative changes, including the following: alterations to organizational structures, determination of new competition-oriented ranges of products, modification of production techniques, reduction of the vertical range of management, improvement in products' duality, identification of new procurement markets, creation of an optimal cost structure, and acquisition of new markets. The government-sponsored job training and job creation strategies that were initially attempted to accomplish the transition to private enterprises functioning in a market economy proved unsuccessful. Instead, the Treuhand has called upon enterprises to assume responsibility for developing a qualified staff and has been offering a management training program since 1993. At present, 30 managerial staff from 15 former East German companies are completing work experience programs in West German firms. The program, which offers a mixture of practical and theoretical training, has proved successful and has been recommended for managerial staff in other East and Central European countries. (MN)