Why multinationals struggle to manage talent

Global corporations are struggling to manage their talent effectively, new McKinsey research shows.
A survey of some very well-known multinationals reveals barriers to achieving cultural diversity, to establishing globally consistent HR processes, and to promoting mobility between countries.
The findings show a strong correlation between financial performance as measured by profit per employee and companies that achieved the best scores on a survey of their global-talent-management practices.

Exhibit 1: Companies scoring in the top third of our survey on global-talent-management practices achieved higher profit per employee than companies scoring in the bottom third.
Exhibit 2: Three of the ten factors show the strongest correlation with financial performance.
Exhibit 3: Best practices for developing global leaders differentiate effective companies from the ineffective ones.

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