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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. Directors should make sure that OpEx and CapEx are aligned with risk reduction priorities and projects; security is not done for security’s sake.

CAPEX 8
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Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business Review

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?

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Business Resilience Comes from Working with Nature

Harvard Business Review

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.

CAPEX 10
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Big Data Doesn't Work if You Ignore the Small Things that Matter

Harvard Business Review

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.

CAPEX 15
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IT Cannot Be Only the CIO's Responsibility

Harvard Business Review

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.

CIO 8
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4 Models for Using AI to Make Decisions

Harvard Business Review

Executives who wouldn’t hesitate to automate a factory now flinch at the prospect of deep-learning algorithms dictating their sales strategies and capex. In reality, “handoffs” and transitions prove to be significant operational problems. The implications of success scare them more than the risk of failure.

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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.