The Headquarters Relocation Challenge
BY:
Dennis J. Donovan
Relocating corporate headquarters constitutes a momentous decision for any business enterprise. While there may be compelling reasons to move, risks are also significant. After weighing potential risks/rewards, roughly half of our clients who have addressed these challenges decided against relocation for a variety of reasons. On the other hand, a similar proportion of companies decided that a head office move would be in the business’s best long-range interest. In this article we examine the dynamics that influence a decision on whether/where to move a corporation’s flagship office. more....