The paper aims to point out the limitations of the partial and the need for a holistic approach to researching the influences of national culture on the management. Using the case study of organizational restructuring of Serbian enterprises, the paper shows how the complete understanding of the influences of national culture on management will be possible only if all dimensions of the national culture are simultaneously included in the analysis. The main hypothesis of the paper is that the low degree of formalization of Serbian companies' organizational structure, even with a high degree of uncertainty avoidance in Serbian national culture, results from the forces of collectivism and "female" values in this culture.