Tapping into Finland's current international companies

Abstract

The role of a prosperous labor market is one of the founding pillars in international business. In today’s global world, however, there is an ever changing shift in the population demographics. Developed economies are seeing an increase in the aging population. Finland is not exempt to this growing phenomenon. Apart from this occurrence, Finland is relatively new to international business in comparison to some other European countries. Another problem that Finland faces is that its monocultural labor market is not competitive enough to sustain an aging society. The intent of this research study is to understand how Finnish companies could benefit from a multicultural and diverse workforce. The study will give answers to the research question “How can Finnish companies benefit from employing multicultural working teams?”. The thesis is going to be a qualitative research. The study will also contain a SWOT analysis. In this research study, the secondary data was collected by means of academic books, and online publications regarding the theoretical division. For the empirical part division, primary data were retrieved through interviews and the author’s individual observation and conclusion. The author’s long term objective with this study aims to be a consulting guideline for international Finnish enterprises.