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The Rainmaker Fab Five Blog Picks of the Week

Sales Wolf Blog

 My favorite: HR as a cost center.  My favorite: HR as a cost center. .  While some may contain elements of truth, most are overblown based on perceptions of HR that date back to its "Personnel" days.  Art puts a few of these top myths about HR to rest.

Blog 138
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Complimentary Resource – Emerging Trends in Project Management

Strategy Driven

Among the trends are an increased emphasis on project management soft skills, the Project Management Office (PMO) being viewed as a potential profit center (vs. a cost center), sustainability aggressively planned into projects, and an increased emphasis on corporate social responsibility.

Trends 56
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Budget Management Best Practice 1 – Line Item Awareness

Strategy Driven

Other organizations are simply cost centers and the budget is a reflection of expenditures only. Copyright 2007-2011 by StrategyDriven, Inc. This oversight is clearly expressed through the effective management of an executive or manager’s assigned budget. Consider leaving a comment! All rights reserved.

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Advice for Marketing Executives During Tough Times

Marshall Goldsmith

Here are her ideas and reflections: Chief Marketing Officers (CMOs) are usually under pressure because most organizations see marketing as a cost center and are not aware of how it is contributing to the bottom line. To participate in the 2011 Thinkers 50, visit [link]. CMOs have a very high turnover rate.

Advice 107
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IT Has Finally Cracked the C-Suite

Harvard Business Review

In too many companies, IT leaders, relegated to their cost centers, are subordinate to other C-level executives. An early mover was Forrester Research, which appointed Steve Peltzman CBTO in 2011. To borrow a computer-science term, the denotational semantics are all wrong.

CIO 10
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3 Mistakes in U.S. Health Care That Emerging Economies Can’t Afford to Repeat

Harvard Business Review

For example, shipments of medical, scientific, and hospital equipment to China have risen 69% percent since 2011. Comparing the five years between 2012 and 2016 to the period between 2007 and 2011, U.S. All of this requires a better understanding of how health transactions work and how much they cost.

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Obama and Romney Are Ignoring Hispanic Voters

Harvard Business Review

Think profit center, not cost center. Take the time to work with the Hispanic community and get to know one another in authentic ways that build trust and unity. This applies not only to Hispanics, but to all cultural groups, and it's critical to reestablishing global competitiveness.