Quality is in the Eye of the Beholder

A guide to assessing quality of life for target locations during site selection.
By Jeanette Goldsmith, principal, McCallum-Sweeney Consulting

A guide to assessing quality of life for target locations during site selection.

By Jeanette Goldsmith, principal, McCallum-Sweeney Consulting

There are 3,141 counties in the United States and each and every one of them have an excellent quality of life. At least that is what I have been told. However, there have been a few places that I have traveled to that, in my opinion, had a less than desirable quality of life. Nonetheless, in all of the places that I have visited, I have met people who ardently and earnestly believed that their community was the greatest place on earth.

From the perspective of a site location consultant, quality of life issues are best viewed from a number of different lenses.

Some companies know they will be recruiting a high number of people from other locations with specialized skills and talents. For example, manufacturing facilities that will also be home to a research and development facility or have a significant engineering and technical staff may need to relocate existing personnel or recruit new personnel from outside the region. Other companies that will be doing all of their hiring from the local labor pool are typically more concerned about how the quality of life may impact the productivity of the workforce (i.e. will employees be focused on problems with local schools, or focusing on their job?). There is a third set of companies who will be relocating almost all of their existing workforce (i.e. headquarter relocations). For them, quality of life is the most important criterion.

Regardless of why quality of life is so important to these companies, they typically define quality of life the same. The definition almost always has the following elements: access to housing, quality education system, low crime rates, access to health care facilities, easy commuting patterns, reasonable cost of living, and access to some level of cultural and recreational amenities. And for many of these criteria, a key component is diversity of choices.

Access to housing means having a diverse mix of housing options in all price ranges. This means everything from large estate homes to apartments, from suburban neighborhoods to downtown lofts. This factor can differ considerably from one location to the next, but it is relatively easy to define and measure.

A quality education system, on the other hand, is a lot more difficult to define and measure. For some clients the focus is primarily on K-12 education. For others it is important that we look at access to colleges and universities. The latter is relatively straightforward, communities either have access to those institutions or they don’t. In terms of quality, there are many rankings of the “Top 50 Business / Engineering / Undergraduate (you can fill in the blank with almost anything you want) Programs”. With K-12, it is more difficult. State-level data, and in many cases school district level data, does not paint an accurate picture of how good any one individual school or “school track” is. Ideally, your research will include data from individual schools where the employees are most likely to be sending their children.

Access to health care facilities is relatively easy to measure, although assessing capabilities and quality require more effort. Commuting patterns and cost of living are also relatively easy to measure; these quality of life factors are readily assessed and compared.

Access to recreational and cultural amenities is much more difficult. Sporting venues, ballet, symphonies, operas, theaters, parks, lakes, bike trails – the list of amenities that your company is interested in may be long, so it is best to look for diversity of choices. And there is little value in trying to distinguish which community has a better symphony; it is only important that they have one.

The importance of quality of life will be different for you and each of your projects. In addition, you will have different nuances about what in particular you value in a community. Remember to look at objective data where availability, and recognize the importance of diversity of choices in the site selection process.

McCallum Sweeney Consulting
www.mccallumsweeney.com

Economic Development, Surveys, Research & Forecast Analysis

Sponsored Content
Featured Location

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Featured Video

Webinars, Podcasts & Videos

See what leaders at Polar Semiconductor believe are the key benefits of doing business in Minnesota.

Business Benefits In Minnesota, a Polar Semiconductor Perspective

Minnesota is a place where the stars align — geography, culture and institutions – to create an unmatched economic landscape. See what leaders at Polar Semiconductor believe are the key benefits of doing business in Minnesota.

Agricultural Heritage Meets Strong Manufacturing Base With a rich history in agriculture, the region is now made up of a strong manufacturing base, including everything from snack foods and Gatorade, to leading human resources software and revolutionary plug-less power systems for electric vehicles. Mount Rogers Regional Partnership's strategic East Coast location is the driving force.

Virginia’s i81-i77 Crossroads | Talent Retention & Manufacturing

Learn about manufacturing jobs and facilities in the Mount Rogers region of southwest Virginia. There is ample opportunity for education and jobs in a region rich with culture and heritage.

See what leaders at Polar Semiconductor believe are the key benefits of doing business in Minnesota.

Doing Business in Minnesota, a Polar Semiconductor Perspective

Minnesota is a place where the stars align — geography, culture and institutions – to create an unmatched economic landscape. See what leaders at Polar Semiconductor believe are the key benefits of doing business in Minnesota.

Share to...