LOCATION SELECTION
WDG Consulting will
advise companies on the best locations both over the near term
and long term for the respective business operation. A
sequential process is followed until the optimal area emerges.
Among the questions addressed are:
Phase One: Location Screening
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What are the
business' current and future operating requirements (e.g.,
labor, occupancy, transportation, etc.)?
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What are the key
assumptions underlying the study (e.g., ultimate size)?
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What are the main
locational criteria and their relative importance?
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Which states
and/or countries should be initially considered?
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Which 8-12 areas
emerge as the most promising for the project?
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Which 3 areas
among the 8-12 should be subject to comprehensive field
investigations (due diligence)? |
Phase Two: Location Evaluation
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Based upon
comprehensive research, including field investigations, how
do the three finalist areas compare on the most critical
considerations (e.g., labor market, business costs,
logistics)? |
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Which geographic
sector of each area is best suited from a business operating
perspective (e.g., proximity to labor pools)?
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Are there
buildings/sites within the preferred geographic sectors that
satisfy key criteria? |
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Using a matrix
comparison model and independent judgment, how do the final
three locations compare?
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Business
costs |
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Real estate
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Labor market |
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Environmental
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Transportation |
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Incentives
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Utilities
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Risk
potential |
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Quality-of-life/transferee appeal
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Which location
will be tentatively chosen, given successful negotiations?
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Should real
estate and incentive negotiations be conducted in one or
more locations? |
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What immediate
steps should be taken to implement the locational decision?
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Should the internal project team now be expanded?
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Key Location Factors:
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Labor market
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Competitive
demand |
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Supply of
qualified workers |
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Costs |
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Near term |
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Longer term |
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Quality/stability |
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Unionization, legislation
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Training/education resources
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Vo-tech |
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University |
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Transportation
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Highways |
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Motor carrier |
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Rail |
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Air |
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Small package
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Business costs
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Payroll |
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Transportation, occupancy, taxes, incentives (offset)
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Business support services
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National
vendors |
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Local
suppliers
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Risk
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Natural
disaster |
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Terrorist
threat |
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Political
stability, financial stability, site security
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Environment
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Air |
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Water |
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Site
contamination |
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Permits |
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Timing |
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Cost
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Utilities
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Power supply,
reliability, redundancy, cost |
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Gas supply,
cost |
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Water/sewer
capacity, cost |
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Telecommunications |
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Local |
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Long-distance |
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Internet |
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Redundancy
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Sites/buildings
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Physical
characteristics |
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Costs |
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Accessibility |
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Geotechnical
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Quality-of-life
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Ability to
relocate professional talent |
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Cost-of-living |
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Housing |
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Education |
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Climate |
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Recreation |
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Amenities |
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Arts/culture |
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Crime
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