Description
Orlando Summit, November 9-11, 2008. Educational Session #14.
Moderator: Steve Quick, VP Global Workplace Solutions, Americas, Johnson Controls, Inc.
Speakers: Alan Drake, Director, Strategic Solutions, HSBC
Kristin Beatty, Director of Consulting, CB Richard Ellis
Mark Seeley, Managing Director of Consulting, CB Richard Ellis
Portfolio optimization strategies are often determined by market rents, vacancy, utilization rates and geographic footprints. In an increasingly competitive environment, there is another element that can support a successful strategy, the human element. HSBC teamed with the Labor Analytics Group at CB Richard Ellis to evaluate optimization strategies based on the supporting labor markets in each of their US operation centers. By comparing and contrasting the risks and opportunities of labor supply, cost, skill set, availability and competitive demand, they were able to identify new market opportunities, exit strategies for risky markets and the potential for $55 million in annual payroll savings.
File Size: 562 KB
Keywords:
Orlando Summit, 2008, presentation, portfolio optimization, location strategy, migration model, longevity labor analytics, workforce longevity model, risk analysis, labor force, sensitivity analysis
