Trade & Industry Development Magazine

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March/April 2009
March/April 2009

CiCi Awards - Our 4th Anniversary!

Another year has come and gone and we are both proud and excited to present our 4th anniversary edition of the Corporate Investment & Community Impact (CiCi) Awards....and from a personal standpoint, not a moment too soon. I'm exhausted - what a grueling task! After receiving over 1,000 submissions from across the country, we had the difficult mission of narrowing the list down to only 30 winners - 15 for Corporate Investment and 15 for Community Impact.
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In this issue...

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...

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