Harvard Business Review

NOVEMBER 14, 2013

The history of enterprise technology has been fairly unforgiving to the people intended to use it. For the past half-century, most information technology models propagated two unassailable truths: that enterprise technology was purchased by a select few , and the technology was bought for the company.

CIO 8

CIO Information Technology Enterprise Architecture Software 8

Harvard Business Review

SEPTEMBER 26, 2014

For example, it can take five years or more to develop today’s high potentials into leadership roles. In finance, the “fox” strategy is similar to using real options , and it can help you make talent decisions just as it helps in your decisions about R&D, manufacturing and finance. Increasingly, you cannot.

Human Resources 8

Human Resources Information Technology Uncertainty Finance 8

Harvard Business Review

NOVEMBER 29, 2013

For this particular example, you have to define when the meeting actually begins. In this case, bringing meeting notes to bear reveals that all five meetings were called by the Vice President of Finance. This example illustrates a common dichotomy. Information & technology Managing yourself' Does kibitzing count?

How To 14

How To Information Technology Definition Information 14

Harvard Business Review

AUGUST 16, 2013

Recent, well-documented examples include Progressive Insurance''s use of predictive modeling in the property and casualty insurance space and the many industrial manufacturing companies that are generating almost all their margin and profit from after-sale, value-added services based on information generated by embedded sensors.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

SEPTEMBER 12, 2014

These examples are not hypothetical capabilities; these are now real options for companies. And of course, few such managers have a background in information technology. Take lighting, for example. Information & technology' And yet few corporate managers are asking such questions, much less taking advantage.

Energy 8

Energy Resources Information Technology Cost Center 8

Harvard Business Review

MARCH 24, 2014

A marketing research specialist, for example, needs to collaborate with colleagues and clients. Goldin noted that scientific, medical and technical fields tend to have substitutable work environments, while law, business and finance tend not to. Coordination Technology.

Flextime 8

Flextime Information Technology Mentor Project 8

Harvard Business Review

SEPTEMBER 23, 2014

When I do get a name, it often differs depending on who I asked—a marketing executive points to one person, while finance identifies someone else. For example, marketing analytics is quite important to many organizations. Information & technology Leadership' The answers I most often get are “Nobody” or “I don’t know.”

Company 8

Company COO Information Technology CFO 8

Harvard Business Review

OCTOBER 3, 2014

A CoE is a team of data scientists, business analysts and domain experts from various business functions — sales, marketing, finance, and R&D, for example — that are brought together to facilitate a cross-pollination of experiences and ideas to find solutions to a variety of business goals.

Root Cause Analysis 8

Root Cause Analysis Metrics Analysis Information Technology 8

Harvard Business Review

NOVEMBER 17, 2011

For example, early in my career my boss arranged for me to rehearse a presentation with her boss. For example, a client of mine in customer service volunteered for the company's annual community project. And by forming a relationship with this person, you can develop that perspective too.

Public Relations 15

Public Relations Human Resources CFO Career 15

Harvard Business Review

MAY 19, 2016

Nevertheless, few would argue that information technology permanently increased unemployment. For example, an unemployed typist looking for work in the 1980s could learn how to use a computer or fill a vacant position left by another typist who moved on to another job or retired.

Skills 13

Skills Education Policies Learning-by-Doing 13

Harvard Business Review

FEBRUARY 12, 2015

One good example occurs when a company needs to speed up a multi-step process. A classic example is when you ask, “How many customers do we have?” The company investigating market share is a perfect example. Data Information & technology Decision making' And sometimes things turn out fine.

Uncertainty 8

Uncertainty Information Technology Quality Analysis 8

Harvard Business Review

DECEMBER 6, 2018

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. We think this is a bad idea. This is particularly true for complex knowledge domains.

Company 8

Company Maturity System Engineering 8

Harvard Business Review

JANUARY 24, 2012

Baruch Lev teaches accounting and finance at NYU's Stern School of Business. Investors have deserted equities in droves and pushed for costly anti-corporate legislation (say on pay, for example). He's a man of strong opinions, generally backed up by lots and lots of research. Managers clearly have to respond to regain investors' trust.

Short-term 11

Short-term Long-term Parcell Incentives 11

Harvard Business Review

MARCH 2, 2015

Drone operators will be regularly required, for example, to pass a written test, but won’t, as rumored, need to obtain a pilot’s license. Indeed, some countries are making inroads, not by inventing better technology, but by innovating their regulatory systems. Information & technology Innovation' Both the U.K.

Transportation 8

Transportation Proposal Technology Press Release 8

Harvard Business Review

MARCH 22, 2016

You’d think that increasingly sophisticated technology would help reduce this waste. For example, the finance department approves what to buy, facilities maintains equipment, HR tells employees how to conserve energy, and marketing manages the company’s corporate sustainability reporting.

Company 8

Company Management CIO Energy 8

Harvard Business Review

JULY 5, 2018

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Although China is the most important example of this strategy today, the idea is not new. Silicon Valley and the rise of information technology.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

MAY 8, 2014

Here are a few examples of where and how this is already happening: Making Open Data personally relevant. Entrepreneurship Government Information & technology' The third is to create economic value by helping consumers make personal decisions more effectively.

Engineering 8

Engineering Information Technology Information Policies 8

Harvard Business Review

DECEMBER 21, 2011

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. For example, HR managers tend to defend the status quo. And to succeed at that game, HR professionals must make fundamental changes in the way they operate.

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

AUGUST 17, 2012

Google's big stack of chips will finance good hands and big bets. Google resources and expertise will finance bolder plays than Motorola might otherwise have made. Google's tall stack of chips, for example, allows Motorola to reduce the number of its offerings from 27 to just a few.

Finance 14

Finance Marketing Technology Advertising 14

Harvard Business Review

MARCH 20, 2015

But with the rapid implementation of electronic health records (EHRs), CNOs are now expected to master new trends in health care information technologies to engage hospital leaders in strategic discussions about major technology investments. The primary driver for new learning is increasingly complex and essential technologies.

Six Sigma 8

Six Sigma Health Care Supply Chain Technology 8

Harvard Business Review

JANUARY 18, 2011

These include continued stagnation in the construction and finance industries (which employed so many people when times were better), globalization and outsourcing, and the fact that job growth almost always lags other measures of health as an economy emerges from recession. A great many reasons have been offered for the jobless recovery.

Outsourcing 14

Outsourcing Offshoring GDP Information Technology 14

Harvard Business Review

APRIL 28, 2016

And you probably won’t even know you’ve been affected until it’s too late to prevent significant damage to your company’s finances, operations, and reputation. These attacks can bring mission-critical transactional systems in finance, retail, and other industries grinding to a halt, seriously impacting operations.

Content 8

Content Industry Finance Report 8

Harvard Business Review

JULY 14, 2017

Let me take my favorite example, the Network Time Protocol , or NTP. This is just one example. Open Collective is providing resources to aggregate the needs of groups of open-source projects to assist in financing, resourcing, and maintenance. The same goes for software programs.

Software 8

Software Project Workshop Long-term 8

Harvard Business Review

MARCH 31, 2015

The case of Apple is an instructive, if extreme, example. As Ed Lazowska , who co-chaired President Bush’s Information Technology Advisory Committee, says, “In it’s essence, innovation is combination. National competitiveness Finance & Accounting Research & development' billion by more than 7%.

Innovation 8

Innovation Short-term Long-term Budgeting 8

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. based corporations – prominent examples being Skype, founded in Estonia, acquired by eBay in 2005 for $2.6

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

NOVEMBER 22, 2010

Out of 20 feature articles in the business section on November 15th, for example, five were all about the glories (and sometimes challenges) of green. The Ministry of Commerce was showing how some companies "have made use of technology to.promote a low-carbon economy and environmental protection." And on and on. And on and on.

NGO 14

NGO Chemicals Guidelines Telecommunications 14

Harvard Business Review

APRIL 18, 2016

But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes. LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. For example, strategies in predictable classical environment require a logic of “analyze, plan, execute.”

Strategy 8

Strategy Supply Chain Technology Engineering 8

Harvard Business Review

JUNE 15, 2015

For example, a U.S. bank adopted such a technology environment to more efficiently manage increasing data volumes for its customer analytics projects. For example, a financial services company applied BI and data visualization to see the different buckets of risk across its entire loan portfolio.

Strategy 8

Strategy Supply Chain Technology Banking 8

Harvard Business Review

MAY 20, 2016

For example, take Kim Russo, head of marketing at TeleTech Services. Data managers and scientists of all sorts (not just data scientists) are obvious candidates, as are people who work in finance, planning, logistics, customer service, and the back office of most companies.

Quality 11

Quality Resistance Learning-by-Doing Finance 11

Harvard Business Review

SEPTEMBER 22, 2016

” Senior executives hedge their plans because they don’t trust the numbers from finance. In the two-step process above, this means that Department B must reach out to Department A, explain its requirements, cite some example errors, and share measurements. Such hidden data factories are expensive. trillion per year figure.

Cost 8

Cost Hedge Quality Finance 8

Harvard Business Review

DECEMBER 11, 2018

What they realize is that they’ve always treated finance and financial management as a tier-one asset. Even technology, information technology, you know, they’ve invested in treating that as a tier-one asset. Let me give you an example of that.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

MARCH 23, 2012

Once the shining example of call-center customer service, they dropped to nearly last in the industry in customer satisfaction in 2007. So early on, Finance and HR collaborated to simplify the process, reducing the number of data metrics. How can we share insights and innovations that allow our employees to be more productive?

Metrics 12

Metrics Parcell Call Center Productivity 12

Harvard Business Review

FEBRUARY 24, 2016

National Public Radio (NPR) is an example. Rather, they rely on teams whose members include the tech-savvy along with the marketing-savvy, the finance-savvy, and so on. In short, they don’t fall prey to the myths of digital technology — and their businesses are the stronger for it.

Agility 8

Agility Technology Project Strategy 8

Harvard Business Review

NOVEMBER 30, 2010

Heres a simple but compelling example. It described the newspapers own request under the Freedom of Information Act for the New York Department of Educations performance ratings of the roughly 12,000 public city school teachers in its system. Heres a simple but compelling example.

Guidelines 14

Guidelines Education Telecommunications Emotional Intelligence 14

Harvard Business Review

DECEMBER 13, 2012

For example, we judge the recent Libor scandal an abject regulatory failure, even though one bank has paid a half-billion-dollar fine, and others are under investigation. But as investors, citizens, and taxpayers, we find the lack of progress troubling, to say the least.

Information 8

Information Banking Cost Crisis 8

Harvard Business Review

APRIL 13, 2017

In addition, there are unique and new cyber risks associated with cognitive and AI technology. Businesses must be thoughtful about adopting new information technologies, employing multiple layers of cyber defense, and security planning to reduce the growing threat. Related Video. The Upside of Automating Part of Your Job.

Technology 9

Technology System Learning-by-Doing Video 9

Harvard Business Review

SEPTEMBER 12, 2014

These examples are not hypothetical capabilities; these are now real options for companies. And of course, few such managers have a background in information technology. Take lighting, for example. Who at your company will be put in charge of turning buildings operations from a cost center to a revenue center?

Energy 8

Energy Resources Cost Center Budgeting 8