article thumbnail

Boards Should Take Responsibility for Cybersecurity. Here’s How to Do It

Harvard Business Review

Directors should make sure that OpEx and CapEx are aligned with risk reduction priorities and projects; security is not done for security’s sake. Ideally, boards should eliminate obstacles that prevent organizations from developing a culture of proactive security. It’s done for the business.

CAPEX 8
article thumbnail

Business Resilience Comes from Working with Nature

Harvard Business Review

The report includes case studies for Dow, which also utilized a constructed wetland at one of its facilities, reducing capex expense by a factor of 10. Shell isn’t the only company that discovered the savings from green infrastructure.

CAPEX 10
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Harvard Business Review

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
article thumbnail

IT Cannot Be Only the CIO's Responsibility

Harvard Business Review

It may make costs more predictable and shift investments from CapEx to OpEx. They never have! What the cloud does is make the technology-supply side more efficient and perhaps more agile. It may even lead to access to leading-edge technologies.

CIO 8
article thumbnail

Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business Review

Are you focusing opex and capex on these priorities in order to build competitively differentiated capabilities? And finally, does the operating model support the company’s strategic mission with the right combination of people, process, technology, and tools? None of these are easy questions.

article thumbnail

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.

article thumbnail

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. The most painful board conversations that I hear about machine learning revolve around how much power and authority super-smart software should have.