Harvard Business Review

OCTOBER 12, 2011

High-value functions such as infrastructure development and database administration were retained; others, including PCs, networks, and mainframes, were outsourced. But surveys show that more than 25% of firms still think of IT as a cost center, 53% of CIOs' time is focused on cost control, and 54% of companies outsource their IT services.

CIO 11

CIO Outsourcing Cost Center Film 11

Harvard Business Review

JUNE 4, 2014

Similarly, when another company needed to reduce its expenses, the pain was spread like peanut butter across the different cost centers because the senior management team couldn’t reach a decision about where to focus — which meant that areas with growth potential lost as much muscle as those with less opportunity.

Construction 12

Construction Cost Center Committee Licensing 12

Harvard Business Review

OCTOBER 1, 2013

Both sides must acknowledge the mistakes of the past, resolve not to repeat them, and develop the courage to speak up. The motivation for our second step is the simple observation that organizations develop trust when they know what to expect from each other. It is time to put a stop to this. Find common ground on medium-term issues.

Information Technology 9

Information Technology Technology Cost Center Long-term 9

Harvard Business Review

JUNE 26, 2013

Rather than serving as an adjunct to the core business, or merely a cost center, IT is becoming intrinsic to the very products and services that every company offers. Kimberly Clark utilizes Salesforce''s Chatter to connect to its customers for development of products. Why is this?

Supply Chain 10

Supply Chain Competitive Advantage Information Technology How To 10

Harvard Business Review

NOVEMBER 30, 2017

manufacturers do source from domestic suppliers, they tend to regard them purely as a cost center. Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry. Even when large U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

SEPTEMBER 21, 2016

All too often companies misunderstand the value of their cybersecurity teams and underfund their development. Security teams have to take an active role in protecting the company as products are being developed; patching security holes in products after they’re out in the world is important but not enough. Insight Center.

Team 8

Team P&L Engineering Cost 8

Harvard Business Review

DECEMBER 17, 2015

Here’s why now is the time right to invest in renewable energy sources for the internet: Renewable energy can help reduce a cost center. Most credible projections expect the cost of renewable electricity to drop and many traditional sources of electricity to increase. Certain states and countries are offering good deals.

Energy 8

Energy Globalization Hedge Cost 8

Harvard Business Review

OCTOBER 4, 2012

Hispanic leaders want both government and business to invest in developing a relationship with the community that embraces their cultural relevancy. Lastly, corporations have been slow to build best practices around Hispanic talent and market development — two interconnected parts that are dependent on one another.

Policies 9

Policies Short-term Education Diversity 9

Harvard Business Review

DECEMBER 6, 2016

In the past, marketing teams might have developed their own tools and databases or bought hardware and software without considering whether they had the know-how to maintain the systems — perhaps because IT was seen as a roadblock or didn’t move as fast as marketing thought they should. What do Marketing and IT have in common?

Marketing 8

Marketing Banking Technology System 8

Harvard Business Review

FEBRUARY 7, 2018

In many organizations, marketing comes after product development. But a usage mindset requires a closer relationship between marketing and product development because the brand and experience are increasingly one and the same. These changes fundamentally require rethinking strategy, organization, investment, and measurement.

Brand 8

Brand Succession B2B Advertising 8

Harvard Business Review

JANUARY 16, 2015

For example, The Wall Street Journal might typically report something like the following: “Exxon Corporation has announced that it is moving forward with development of oil fields in Kazakhstan in order to meet the world’s demand for oil.” ” Fair enough: Exxon does want to find and sell more oil.

P&L 8

P&L Due Diligence CIO Cost 8

HR Digest

JANUARY 5, 2022

Bosch firmly believes that research is not an end in itself – a never-ending race to develop new technologies – but rather something that makes a tangible contribution to improving the quality of people’s lives. Our BRGs are voluntary and are typically developed by associates who want to drive and influence our workplace culture.

Human Resources 52

Human Resources Education Resources Innovation 52

Harvard Business Review

DECEMBER 18, 2012

This year, there were countless eco-efficiency stories about companies saving millions of dollars and developing new tools to make buildings, fleets ( Staples and UPS, for example ), and manufacturing much leaner. Announcements on waste may not be exciting, but they demonstrate how companies can turn a cost center into a source of profit.

Supply Chain 14

Supply Chain Constraint P&L Energy 14

Harvard Business Review

NOVEMBER 8, 2017

The health care system in the United States, with its technological prowess and massive infrastructure, often serves as a reference point for rapidly developing economies around the world while they build their own medical systems. All of this requires a better understanding of how health transactions work and how much they cost.

Health Care 8

Health Care Tourism Pharmaceuticals Cost 8

Harvard Business Review

OCTOBER 14, 2015

As providers increasingly participate in value-based purchasing arrangements, what used to be profit centers have become cost centers. We are also developing joint clinical programs between our Minute Clinics and primary care providers from our health-system affiliates. Retail health care is good for health systems.

System 8

System Health Care Retail Cost 8

LDRLB

NOVEMBER 12, 2012

HR is an enigmatic profession, as the authors write, “the sad reality is—even in today’s enlightened age of recognizing the value of people to the business—too many top executives still view HR as a non-strategic cost center instead of a core, profit-contributing function.”

Ulrich 137

Ulrich Metrics Report Storytelling 137