In today’s increasingly international world, it’s not uncommon for multinational companies to move some element of their headquarters to another country. Here’s how to evaluate the strategic costs and benefits of such decisions.
International relocations of entire corporate headquarters are a rare phenomenon. But the relocation of elements of headquarters — such as the offices of top management team members, core functions like finance, R&D or shared services — is happening more and more, triggered by the increasing internationalization of markets and industries. But when is it smart for multinational companies to relocate top management to other countries? This article explores that question.