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> Almost all corporate HQ relocations move closer to the CEO's home. Is there any evidence of that? Seems quite interesting..
by zzleeper 12y ago
> Almost all corporate HQ relocations move closer to the CEO's home.
Is there any evidence of that? Seems quite interesting..
- cschmidt 12y agoApparently that is William Whyte's rule: http://www.joelonsoftware.com/articles/OfficeNewYork.html http://www.joelonsoftware.com/articles/OfficeNewYork.html
- deleted 12y ago[deleted]
- gojomo 12y agoIt was already folklore back when I was first part of a company discussing new office locations, in the 90s. (My father may have even mentioned it when I was child.) Since then, I've observed it often – though in fairness that may be confirmation bias. The ~cschmidt sibling reply highlights a Joel-on-Software post about the phenomenon from 2003, attributed to a 20th-century urbanist/organizational-analyst, William Whyte, perhaps as coined in a 1958 book. Here's a critique of a Connecticut tax incentive from earlier this year that notes all 5 resulting corporate relocations reduced their CEO's commute: http://www.raisinghale.com/2014/07/16/connecticut-taxpayers-fund-shorter-ceo-commutes/ http://www.raisinghale.com/2014/07/16/connecticut-taxpayers-...
- zzleeper 12y agoThanks for the replies guys!