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Assessing Risk Assessment
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Area Development Online Current Issue Feed
A lack of predictability means more risk – that is difficult to quantify.
Global tariff uncertainty is just one of many risk factors that have typically been omitted from the calculus when companies are making location decisions.
Since the pandemic, other community factors such as access to healthcare and the overall health of the community have also become more important when considering locations.
Given today's political turbulence, it is essential to evaluate policy, politics, and civic leaders for potential risk factors, even at the local or state level.
Evaluating culture, social infrastructure, political landscape, and the work culture of the population is essential for understanding their potential impact on productivity and operations.
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'operations'
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'community'
'risk'
'social'
'culture'
'assessment'
'location'
'assessing'
'political']