Features of Formation of Multinational Work Teams in Modern International Companies

Abstract

At the present time the role of management based on modern achievements of management theory and practice is constantly increasing. At the present stage of management development, one of the most promising directions is not only the improvement of personnel management, but also the development of practical models and management schemes that allow using individual propensities and qualities of the employee. Improving human resources management in international companies is becoming particularly important. These companies represent the basis of mechanism of modern global economy. International economic relations are constantly getting stronger which increases the need to foster international staff members within transnational corporations. At the same time most of such companies address these issues without any well-established models which would ensure positive results. The correct choice of human resources management strategy in an organization determines the company’s success in general. The article examined the experience of international companies in training personnel and creating multinational teams, defined the methods to systematize the work on the creation and development of multinational work teams in existing global companies regardless of the country and industry affiliation of such companies.