Remove CAPEX Remove Innovation Remove Management
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IT Cannot Be Only the CIO's Responsibility

Harvard Business Review

IT is not something that can be managed from a box on the organizational chart. It may make costs more predictable and shift investments from CapEx to OpEx. IT management Information & technology' Unfortunately, this is not the view in most C-suites. They never have! It may even lead to access to leading-edge technologies.

CIO 8
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Don’t Play with Dead Snakes, and Other Management Advice

Harvard Business Review

During a long and illustrious career that is far from over (you can read all about one of his most recent ventures — building the most direct fiber-optic connection between Chicago and New York – in Chapter One of Michael Lewis’s new book ), Barksdale has become a big believer in the value of the folksy aphorism as management tool.

Advice 8
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4 Models for Using AI to Make Decisions

Harvard Business Review

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

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

Harvard Business Review

Many innovative customer-service solutions like these are simple and inexpensive, and they have high payback. A scorecard that links financials with learning initiatives and other operations would serve as a cross-check for managers. After a recent credit-card mixup, Apple responded immediately to my email and solved my problem.

CAPEX 15
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Why Corporate Social Responsibility Doesn’t Work

Harvard Business Review

Savor of Temple found that firms led by single CEOs engage in much more aggressive investment behavior, in terms of capex, innovation activity, R&D, and acquisitions, than companies led by married chief executives. The same kinds of dynamics probably play out among lower-level managers too, Roussanov says in this Wharton video.

CAPEX 8
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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

Prioritize workforce management – Skills has been a constant in most discussions around AI and automation, and there is a broad consensus now that companies need new skills to get the best out of these new technologies. Internalize the costs of automation (and their benefits) – With a particular focus on the total cost of ownership (TCO).

TCO 84
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What You Should Know About Dodd-Frank and What Happens If It’s Rolled Back

Harvard Business Review

His bottom line: “For a manager running a nonfinancial business, the proposed reforms to Dodd-Frank are probably a bad trade-off.” And not very much capex , not very much innovation. For more on what the law does, go here. ” We spoke for a while, so I condensed his comments into several major themes.