Human Resource – a Strategic Resource in the European Transnational Corporations

The growing importance of transnational corporations within the global and European economies has become a highly controversial topic. If for some they are popular whereas others argue against them, the fact remains that these giant companies constitute a reality of the current economy and are the most important agents in the world. Their activities have a strong impact on the global distribution of wealth as well as on the economic activity of the European economies. They bring huge benefits to consumers and economies across Europe. In this context, the work of these international companies involves increasing complexity of the actions they carry out, and especially supposes development and diversification of the tools used, for human resource management, in order to manage cultural, economic and institutional differences that influence their activity in each country. All these developments trigger a rethinking of the strategic role of human resources in an European transnational company.