Excepts from the Wall Street Journal and McKinsey on Hofstede and Cross-Border Effectiveness

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Transcript of Excepts from the Wall Street Journal and McKinsey on Hofstede and Cross-Border Effectiveness

Page 1: Excepts from the Wall Street Journal and McKinsey on Hofstede and Cross-Border Effectiveness

Building Human Capability - Globally

An Overview of Services and CapabilitiesIncluding Excerpts from McKinsey and the Wall Street Journal

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May 3, 2023 Slide 2

ITAP Serves Clients in All the Major Business Centers of the World

ITAP EMEA

Headquartered in three geographic regions - The Americas / Europe, Middle East & Africa / Asia Pacific -

the ITAP Alliance has in-country and in-culture presence in over 25 countries world-wide

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May 3, 2023 Slide 3

ITAP’s Key Research Partner: Geert Hofstede

According to The Wall Street Journal, Geert Hofstede is in the top-20 of the most influential business thinkers in the world, “based on Google hits, media mentions

and academic citations”

New Breed of Business Gurus RisesErin White, May 5, 2008; Page B1

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May 3, 2023 Slide 4

McKinsey on Cross-Border Effectiveness

Companies achieving scores in the top third of

• Globally consistent talent evaluation processes • Cultural diversity management• Global leadership mobility

…have a 70 percent chance of achieving top-third financial performance.

 

The McKinsey Quarterly, May 2008 Why Multinationals Struggle to Manage Talent

Page 5: Excepts from the Wall Street Journal and McKinsey on Hofstede and Cross-Border Effectiveness

May 3, 2023 Slide 5

McKinsey on Cross-Border Effectiveness

“The strong associations between company financial performance and … global talent-management practices strengthens our belief that these are important areas on which businesses and HR leaders should focus their attention.”

  

News

The McKinsey Quarterly, May 2008 Why Multinationals Struggle to Manage Talent

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May 3, 2023 Slide 6

Catherine Mercer BingPresident, ITAP Americas353 Nassau Street, First FloorPrinceton, NJ 08540 USA(W) +1.215.860.5640(M) +1.609.937.1557http://[email protected]: CatherineBing