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Boards Should Take Responsibility for Cybersecurity. Here’s How to Do It

Harvard Business Review

While security executives have a reputation for stymieing operations and product development with the burdens of technical operations, their role is actually to enable business. Ensure that the organization develops and implements a cybersecurity curriculum for all employees. Their job, in fact, depends on it.

CAPEX 8
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Only Half of Companies Actually Use the Competitive Intelligence They Collect

Harvard Business Review

and European corporations, from CI-trained analysts in marketing, business development, strategy, R&D, finance, and other fields. One analyst told us that their company had stopped development on a project that was consuming lots of local resources after the analysis indicated it wouldn’t be effective.

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Big Data Doesn't Work if You Ignore the Small Things that Matter

Harvard Business Review

To avoid being caught spending vast sums on half-vast results, CXOs would be wise to link a big-data project to the development of a rigorous metrics program — something like the Balanced Scorecard, which is more likely than CapEx or financial ROI to capture the full results of big-data applications downstream and across multiple process groups. (..)

CAPEX 15
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Business Resilience Comes from Working with Nature

Harvard Business Review

Here’s one of the more compelling examples highlighted in the paper: One of Shell’s joint ventures, Petroleum Development Oman LLC (PDO), uses constructed wetlands to treat produced water from oilfields. In all of the completed corporate projects, the green option won out toe-to-toe on capital expenditures and operational expenditures.

CAPEX 10
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Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business Review

Are you focusing opex and capex on these priorities in order to build competitively differentiated capabilities? One CEO we know worried that some principles developed by his senior team were too generic to help them evaluate different operating model options. None of these are easy questions. ” he asked. .”

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You, Too, Can Move Your Company Into the Cloud

Harvard Business Review

If asked about cost savings, be ready to deliver your pitch on how you intend to reduce or eliminate capex spending, reduce personnel resources, move services to a pay by month model eliminating long term contracts and ultimately reduce your annual budget by a modest percentage year over year over a 3-5 year period of time.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

It started with developing a proprietary Corporate Horizon Index. To construct our Corporate Horizon Index, we identified five financial indicators, selected because they matched up with five hypotheses we had developed about the ways in which long- and short-term companies might differ. rate for other companies.