Innovation Excellence
JUNE 8, 2020
If there is Capex involved, engage early enough the person who will cut the check. It is a way of operating (John Cleese, Monty Python). Involve trade partners: they will open up more than in your buy meetings. You will find gold. – Dictatorship: someone needs to say yes, in the end. Finesse what can be perfected.
Harvard Business Review
DECEMBER 30, 2013
and saved $200-$300 million in ongoing operation and maintenance costs). In all of the completed corporate projects, the green option won out toe-to-toe on capital expenditures and operational expenditures. Power consumption and CO2 emissions were reduced by 98%, which lowered operating expenses dramatically.
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Harvard Business Review
OCTOBER 5, 2012
A scorecard that links financials with learning initiatives and other operations would serve as a cross-check for managers. Let's say, for example, that you're seeing a pattern of strong store sales for a group of products that were previously perceived as unrelated.
Harvard Business Review
NOVEMBER 16, 2017
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. Directors should make sure that OpEx and CapEx are aligned with risk reduction priorities and projects; security is not done for security’s sake.
Harvard Business Review
JULY 19, 2013
It may make costs more predictable and shift investments from CapEx to OpEx. Unfortunately, we have found that the focus of governance around IT continues to be on the more operational IT issues of delivering technology capabilities and IT services. They never have! It may even lead to access to leading-edge technologies.
Harvard Business Review
NOVEMBER 22, 2017
For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. But exactly how do today’s companies create or update an operating model to match adaptations or wholesale changes in strategy?
Harvard Business Review
JULY 16, 2013
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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