Sending talented employees abroad can be a promising way to take advantage of a global economy

Sending talented employees abroad can be a promising way to take advantage of a global economy. But expatriate assignments can be extremely expensive: up to three times a person’s typical annual salary, some statistics show. And despite the investment, many MNCs lack the expertise to optimize the potential benefits, leaving them disappointed with the results. The unfortunate reality is that even MNCs that offer well-crafted relocation packages (including the all-important cultural training) may not have the talent management mechanisms in place to truly leverage the valuable skills expatriate employees acquire during their assignment. Explain this statement .