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

Harvard Business

While security executives have a reputation for stymieing operations and product development with the burdens of technical operations, their role is actually to enable business. Incorporating security in the early stages of product development results in safer, more secure offerings and can spare companies the expense, hassle, and potential public embarrassment that accompanies retrofitting security. Clique Images/Getty Images.

CAPEX 34

Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business

Are you focusing opex and capex on these priorities in order to build competitively differentiated capabilities? One CEO we know worried that some principles developed by his senior team were too generic to help them evaluate different operating model options. Once the blueprint is developed, we find that the best CEOs focus not only on the capabilities that matter, but on the individuals and teams that matter. sweetvenom/Getty Images.

CAPEX 30
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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

It started with developing a proprietary Corporate Horizon Index. To construct our Corporate Horizon Index, we identified five financial indicators, selected because they matched up with five hypotheses we had developed about the ways in which long- and short-term companies might differ. These indicators and hypotheses were: Investment: The ratio of capex to depreciation.

Only Half of Companies Actually Use the Competitive Intelligence They Collect

Harvard Business Review

and European corporations, from CI-trained analysts in marketing, business development, strategy, R&D, finance, and other fields. They were evenly distributed between pursuing opportunities (46%) and reducing risks (44%), and ran the gamut from product pricing and features, capex investments, manufacturing processes, market expansion, joint ventures, M&A, and more.

CAPEX 12

Business Resilience Comes from Working with Nature

Harvard Business Review

Here’s one of the more compelling examples highlighted in the paper: One of Shell’s joint ventures, Petroleum Development Oman LLC (PDO), uses constructed wetlands to treat produced water from oilfields. 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. Hurricane Sandy, the superstorm that pummeled the U.S.

CAPEX 12

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

Harvard Business Review

To avoid being caught spending vast sums on half-vast results, CXOs would be wise to link a big-data project to the development of a rigorous metrics program — something like the Balanced Scorecard, which is more likely than CapEx or financial ROI to capture the full results of big-data applications downstream and across multiple process groups. Ever waited hours, in vain, for a repair service to arrive at your home? Of course you have. We all have.

CAPEX 13

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. The last bit of wisdom is to develop the most thorough 1-, 3- and 5-year cloud strategy that you can put down.

IAM 12