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How One Company Made Its Analytics Investment Pay Off

Harvard Business Review

The ABU was set up as a centralized profit center with ambitious targets and with direct reporting to the chief operations officer; most often, similar units are organized as cost centers with no specific targets. This setup fosters focus on high-yield projects, actionable analytics, and speed of execution. Support from the top.

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Shadow IT Is Out of the Closet

Harvard Business Review

Finally, even large projects can be broken up into what a banking client of mine calls "human bites." CEOs remain reluctant to invite CIOs to the executive table, insisting that IT is a cost center, not the innovation incubator it could be.

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Offshore Centers Can Offer More than Low Costs

Harvard Business Review

Originally designed to provide labor cost arbitrage, they are now on the brink of being a source for strategic advantage. Since 2008, we've benchmarked the performance of nearly 250 operations centers working on both core operations (e.g., bank account opening, claims) and support functions (e.g.,

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How to Compete When IT Is Abundant

Harvard Business Review

Only the largest of enterprises could afford the best technologies, and even for those with the largest bank accounts, IT strategies were limited to basics like CRM , ERP , or email. And given the complexities involved in building up competitive IT weaponry, businesses won by out-spending and out-resourcing their opponents. Why is this?

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Google's CIO on How to Make Your IT Department Great

Harvard Business Review

One of the reasons why I really wanted the Google CIO job was I''d had these very early indicators when I was an IT leader at an investment bank that the demographics among the users of technology had changed. Tell me a bit about how IT has changed since you came to Google, and how you see it evolving going forward.

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Why Marketing Needs Closer Ties to IT

Harvard Business Review

Like marketing, IT is often seen as a cost center rather than revenue generator. This won’t fly in my company or my industry,” let me tell you about a conversation I had with James Weber, the Chief Marketing Officer and Executive Vice President at Comerica Bank. Now, it’s a very complementary relationship.