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Please find reading for the day.
A survey shows a strong correlation between financial performance and best practices for managing talent globally.
Article at a glance:
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.
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