Location strategy for US-based office operations: Driving significant financial and workforce returns through best-practice location strategy development

Lessard, Jeffrey

Practice paper

Location strategy for US-based office operations: Driving significant financial and workforce returns through best-practice location strategy development

Jeffrey Lessard

Corporate Real Estate Journal, 4 (2), 122-128 (2015)

https://doi.org/10.69554/KACO6753

Abstract

This paper examines the best practice approach for selecting the optimal location for new or relocating business operations. It reviews how to identify functional candidates for relocation, assessing the financial feasibility of relocation, alternative transition strategies, identifying the optimal alternative location for the operation, and on the-ground investigation of alternative locations, and incentives. The paper notes the importance of human capital and operational excellence as drivers of location strategy.

Keywords: location strategy; demographics; incentives; footprint strategy; location selection; site selection

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Citation

Lessard, Jeffrey (2015, January 1). Location strategy for US-based office operations: Driving significant financial and workforce returns through best-practice location strategy development. In the Corporate Real Estate Journal, Volume 4, Issue 2. https://doi.org/10.69554/KACO6753.