BUY WITH CONFIDENCE
DESCRIPTION
Site Selection is the practice of choosing a new facility location. It involves measuring the needs of a new project against the merits of potential locations. The practice became popularized during the 20th century, as operations of many organizations expanded to new geographies on a national and international scale.
Site Selection is a significant decision for any organization. Employing a formalized selection method aids in eliminating sentiment in the concluding decision. The orderly selection procedure is also valuable in conveying to all involved, the ultimate decision.
Selection criteria and their priority should be agreed to in advance for removal of any partiality from the Site Selection process.
5 Cs of Site Selection give out criteria which enables selection of sites in general and particularly for R&D, Design, and Engineering sites, especially in emerging markets.
The 5 Cs are:
1. Cost
2. Capacity
3. Capability
4. Communications
5. Culture
The selection process consists of discovery of various potentially viable sites based on the priority listing of the above factors.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Facilities Management, Site Selection PowerPoint Slides: 5 Cs of Site Selection PowerPoint (PPTX) Presentation, LearnPPT
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OVERVIEW
(PPTX)
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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