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The development of cities and regions is important for the economy. The most of the possible beneficial mechanisms of this growth can be achieved through the improved organizational performance. This chapter proposes the triadic analysis to the ethnic diversity with the implementation of talent and diversity management practices, in which diasporans serve as mediators. The research contributes to both theory and practice. First, since diasporans create spillover effect and provide transfer of knowledge and other capacities to destinations, their positive impact on cities and firms' performance is introduced. Second, we emphasize the specific practices, which are important to manage diversity issue and attract more skilled individuals, who can be further turned into diasporas. The research has implications for managers and policymakers emphasizing the benefits of diverse talent diasporans and possible strategies on how to leverage their skills and expertise.

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