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I am reminded of a HBR study showing headquarters of major firms all tended to move closer to the home of the CEO even if that impacted retention - will have to
by ansible 12y ago
I am reminded of a HBR study showing headquarters of major firms all tended to move closer to the home of the CEO even if that impacted retention - will have to find the reference.
I am reminded of Motorola (oh, how the mighty have fallen) years ago, when they decided to open up manufacturing plants in Libertyville and Harvard IL.
What were the deciding criteria?
Communities with good amenities (parks, schools, etc.)? Nope, middle of farm-ville Illinois. Nothing wrong with that, I'm from a small town.
Good access to existing talent? Nope. Far away from Chicago and the other tech employers in the region.
Easy access to transportation (planes, trains, automobiles)? Nope. Way off the highways.
Close proximity to the CEO's house? Yup.