Introduction

The Nordic countries consistently rank in top positions of the best places to live and work in the world. They have resilient economies, a well-educated workforce, high labour market participation, job security, and encompassing welfare systems and are facilitated by an institutional context characterised by trust and transparency. Nordic HR practices are embedded in a tradition of workplace democracy, flat organisations, low power distance, open and informal communication, codetermination, and close cooperation between management and labour unions. But the Nordic countries are also embedded in the global economy. This book offers insights into how Nordic HRM responds to global challenges, such as demographic changes, migration, or skills shortages that necessitate inclusionary HR strategies focussed on workforce development.