A shared vision and shared set of values is the key to success in managing multicultural teams. Combine that with a high level of trust and embrace different perspectives and you have a very solid foundation.
The following writeup contains reflections from a management perspective on working in a multicultural team, which I see as both a big challenge, but also a huge advantage.
Combining diverse skill sets with cultural diversity is an advantage if done with success containing a shared vision and shared set of values.