Our SDG “Top Ten” list covers the most frequent mistakes companies make in the site selection process. Check out the other installments of our countdown!
Mistake #5: Failure to Maintain Confidentiality
The adage “loose lips sink ships” coined in World War II for government posters, warned against the dangers of unguarded discussion. That advice is solid in the world of site selection as well. Project confidentiality is key to success.
It goes without saying that site selection consultants should maintain confidentiality, and most understand the importance of their discretion. Frequently the primary source of confidentiality breaches come from within the client teams themselves. At SDG, we are sure to underpin the importance of confidentiality to our project teams. As part of the onboarding process, we clarify this point with all involved in the process.
As a result of this training, SDG clients maintain a competitive advantage and goodwill while avoiding potential employee turnover and lack of goodwill.
Solution:
Advise clients on the importance of confidentiality prior to the selection of project team members. Educate all team members involved on the competitive advantages tied to their discretion.
Strategic Development Group
Our experienced team is singularly focused on finding your project the best site for long-term success. We take a holistic approach and have the expertise to negotiate and navigate the intricacies of your unique company and needs.
Founded in 1999, SDG is a highly specialized site selection consulting firm. We focus on identifying optimum locations promptly, maximizing the value of incentives, and minimizing risk for corporations from across the globe. SDG has managed projects with capital investment from $15 million to over $1 billion for companies in a wide range of industries including automotive, chemical, steel, and life science.
We would love to hear your thoughts on our Siting Success blog or discuss how we can help you achieve your company or community’s goals for long-term success. Contact us!
