Human Resource Dynamics Driving Corporate Location Strategy

Introduction
The human resource equation influencing geographic deployment of corporate operations has long played a prominent role in resolving challenges such as: (a) expansion at existing sites; (b) consolidation of existing sites; and (c) where to site relocated or new operations. As we enter the second half of this decade, the HR component of location decision making has ascended to the top of the food chain among factors shaping the geographic footprint of most industries.

In this article we will look at the intensifying labor shortage, pro-active measures to cope with the labor supply challenge, and adopting a systematic process for selecting locations whose labor market resources are well aligned with both near term and longer-range human resource requirements.

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