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5 Cs of Site Selection – PowerPoint PPTX Template
PowerPoint (PPTX) 20 Slides FlevyPro Document
FACILITY MANAGEMENT PPT TEMPLATE 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.
This PPT emphasizes the importance of a structured approach to site selection, highlighting the 5 Cs: Cost, Capacity, Capability, Communications, and Culture. Each factor is dissected to provide a comprehensive understanding of its impact on the decision-making process. For instance, the Cost factor not only considers immediate expenses, but also the long-term financial implications, including infrastructure and IT costs. Capacity evaluates the availability of skilled labor and the ability of educational institutions to meet workforce demands, crucial for sustaining operations.
Capability focuses on the site's ability to provide necessary infrastructure and specialized skills, while Communications ensures seamless integration into the global network. Culture assesses the site's attractiveness to talent, considering factors like local amenities and lifestyle compatibility. The document also includes templates to facilitate the site selection process, enabling you to tailor the criteria to your specific needs. This resource is indispensable for executives aiming to make informed, strategic decisions in site selection.
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