Reinhard von Hennigs discusses KFC's decision to relocate its U.S. corporate headquarters from Louisville, Kentucky, to Plano, Texas.
This move by parent company Yum Brands aims to align with broader corporate relocation needs and potential global expansion.
He traces the history of KFC from its humble beginnings by Harlan Sanders in Corbin, Kentucky, to its current status under Yum Brands alongside Taco Bell, Pizza Hut, and Habit Burger Grill.
The move is influenced by several factors, including Texas's lower corporate taxes, reduced regulations, thriving business environment, and large skilled workforce.
The relocation also includes various legal considerations involving labor law, franchise law, and international contracts. The overall lesson for global business leaders is the importance of strategic location to access the right talent and business climate for growth.
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