Most companies do not select locations for new facilities very often and even the largest companies do not usually have in-house specialists for location selection. Yet choosing a location is a strategically crucial decision that can impact a company’s performance for years to come. Selecting the right location can be challenging and the risks and consequences of making the wrong decision are significant.
The following are just a few examples of things that we have seen go wrong.
These are familiar challenges that can make location selection riskier and more complex than it appears. They are often the reason why we are called in to help put projects back on track.