In a survey
of 450 managers in multi-national companies, McKinsey found that effective management
of cultural diversity in a global setting was highly correlated with financial
success as measured by profit per employee.3 In companies with proficient cross-cultural management, they found that foreign office profits increased through higher
productivity, more cross-selling, client expansion, work referrals from other offices, and leveraging
of global resources.
Rather than relying on the outdated
measures of cost - per - square - foot or benchmarking data
as indicators
of success, corporate real estate teams are creating analyses incorporating myriad data streams, correlating new workplace initiatives with employee and business
productivity.