Features

Plenty of brainpower is being applied to the merits of electric utility industry deregulation, or restructuring to be more accurate. But the jury is still out in most US states that have deregulation plans in place as to whether the effort was worth it to consumers of electricity. After all, the airline industry — certainly […]

Editor’s note: This feature is a follow-up report on “Europe’s 1999 Facility Race,” which appeared in the July 2000 Site Selection. This article goes beyond the ranking and looks at which industries are hot and which are not in the top European markets. To be or not to be — in the European Monetary Union […]

Labor may be spare, but it’s out there. And broad-ranging corporate strategies are finding it. What would you ask for if you could get just about any expansion incentive imaginable? That was the situation for United Parcel Service (UPS) in 1998. Its new cargo-sorting hub would employ 6,000-plus with a US$250 million annual payroll. Clearly, […]

Universities and proactive businesses are crafting ever-more-relevant job training programs designed to give employers in their area an edge in the labor pool. Work-force training programs are seeing substantial inflows of capital as state and local economic development agencies seek to make their available workers more competitive. This is among the findings of a recent […]

Opening nine major U.S. customer service centers in a mere three years, Sprint PCS has fine-tuned a system for rapidly adding the labor others can’t even find. b y     J A C K     L Y N E “Finding a place with higher unemployment is ideal. But you’re not going to find a U.S. […]

“Leadership,” says Warren Benis, “can’t be taught; it must be learned, grown through experiences.” The industry’s experience grew a bit on Apr. 30, as Site Selection presented its Corporate Real Estate Leadership Awards to eight executives, chosen by SS’s editorial board from industry-wide nominations. (Two other winners were tapped as “Editors’ Picks.”) Appropriately, the Leadership […]

Abstracts of recent major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate (CCE) association. “Transforming the Workplace through Value-Based Management,” IDRC Tennessee World Congress Opening General Session, Oct. 18, 1999: Successful value-based CRE management requires understanding corporate goals and how CRE can add value, said Stern Stewart & Co.’s […]

Site Selection: HQ’s real estate holdings are growing by leaps and bounds, thanks to the merger of Frontline Capital’s serviced office unit, VANTAS, with HQ’s properties. What is your role in managing this growth? Ron Adam (right): Completion of the deal is a little ways off, but we’re now in an interim period, which is […]

China’s challenges were center stage at IDRC’s record-breaking March 27-28 Beijing World Congress, “Asia and Corporate Real Estate: Global Infrastructure Rises to the Next Level,” which drew an Asian record turnout of 172. “This Congress was a marker in China’s future development,” said presenter Marcel De Meirleir of Ernst & Young. RIGHT: Lois Dougan Tretiak […]

An increasing number of companies are turning to the concept of “shared services” to lower operating expenses and gain competitive advantage. Briefly defined, shared services consolidates accounting, human resources (HR), real estate and other transactional operations to reduce costs and increase customer satisfaction. As a management technique, shared services falls into the process-oriented family of […]