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Way way too many significant figures in that final number. Where is the 20% number coming from? You're sure there arent any virtual meetings? Or that there aren
by vikramkr 7y ago
Way way too many significant figures in that final number. Where is the 20% number coming from? You're sure there arent any virtual meetings? Or that there arent efficiencies that come from a split headquarters that could be worth more than 5 million bucks? What about the cost of fixing the issue - building a new office headquarters is gonna cost way more than 5 million. And why would a company with billions in income even care about a 5k inefficiency?
- justborn 7y agoYeah I suppose that's true. The cost to build or consolidate is definitely there, but Target is always gong to need a corporate office. Having separate offices is an annual thing. Seems like they should bite the bullet and just consolidate.
- vikramkr 7y agoThere isn't any way that its going to be worth the return on investment though. Especially considering the 5 million dollar figure is calculated based on the amount of time "wasted" by commuting to meeting. People in corporate headquarters are not producing a quantifiable output per second like someone on an assembly line, so it doesn't even make sense to calculate a cost by counting the time it takes to walk. Basically, this whole thing sounds like it's trying to solve a problem that doesn't exist.