Meegan Spicer Quoted in Area Development Magazine: The Team…and the Timing When Making a U.S. Location Decision

Meegan Spicer, Director in Duff & Phelps’ Site Selection and Incentives Advisory Practice, was quoted in an Area Development Magazine article, “The Team…and the Timing When Making a U.S. Location Decision.” Meegan provides her perspectives on how a company’s executive team, working in conjunction with outside legal and other consultants in a timely manner, can create a “win” for both the business and the community in which it chooses to locate.

Meegan says that, “The biggest factor determining ultimate success of the team is the level of communication between the various team members (i.e., legal, real estate, site selection consultant, tax, human resources, etc.). She explains that “Weekly standing, structured team calls are the best way to do this. Identifying a lead person with strong project management skills and leveraging those skills are critical to keeping the team on track. Oftentimes this is someone at the company or the location consultant. Each professional involved in the project needs to always be mindful of what’s best for the overall project to achieve its goals. You can’t get too focused on just your particular area of expertise because everything is interdependent. The devil is in the details on these deals. The more communication and attention to detail on the front end, the fewer issues on the back end of the deal.”

Read the full article.

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