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

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  • Lessard, Jeffrey

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.

Suggested Citation

  • Lessard, Jeffrey, 2015. "Location strategy for US-based office operations: Driving significant financial and workforce returns through best-practice location strategy development," Corporate Real Estate Journal, Henry Stewart Publications, vol. 4(2), pages 122-128, January.
  • Handle: RePEc:aza:crej00:y:2015:v:4:i:2:p:122-128
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    More about this item

    Keywords

    location strategy; demographics; incentives; footprint strategy; location selection; site selection;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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