UBS's Orcel Says Post-Brexit Locations Shortlisted

The video discusses the complexities of relocating operations due to uncertain agreements, tight timelines, and workforce challenges. It highlights the importance of considering employee preferences, local talent availability, and regulatory environments when choosing new locations. The potential impact on jobs and revenue streams is also examined, emphasizing the need for strategic planning.

What are the three main challenges mentioned in the business transition process?

• Uncertainty, timeline, and people

• Competition, innovation, and leadership

• Cost, location, and technology

• Regulations, infrastructure, and market size

Why is it important to consider where employees want to live when choosing a new business location?

• It simplifies regulatory compliance

• It enhances employee satisfaction and talent attraction

• It reduces operational costs

• It increases market share

Which factors are considered when prioritizing new business locations?

• Historical significance, tourism potential, and local festivals

• Proximity to competitors, advertising opportunities, and tax incentives

• Weather conditions, cultural attractions, and local cuisine

• Central bank policies, governance, and labor laws

What determines the types of jobs that might need to be relocated?

• The company's financial performance

• The agreement with the EU

• The local government's incentives

• The availability of office space

Which roles are most likely to be affected by the transition according to the generalized assumption?

• Back-office support roles

• IT and technical support roles

• Executive management roles

• Client-facing roles in the EU market