article thumbnail

How to Compete When IT Is Abundant

Harvard Business Review

Carr predicted that an organization''s ability to compete through investing in information technology was about to change dramatically. The IT boom of the 1980s and early ''90s had brought information technology to the corporate masses, unleashing the first full-scale technology revolution in the enterprise. Why is this?

article thumbnail

Shadow IT Is Out of the Closet

Harvard Business Review

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Slowly but surely, as the little database grew bigger and bigger, the manager would wedge the cost into her operating budget.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Develop Your Company’s Cross-Functional Capabilities

Harvard Business Review

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Business units come and go, but finance, HR, marketing, IT, legal, and R&D seem to last forever.

article thumbnail

Your Company’s Energy Data Is an Untapped Resource

Harvard Business Review

Who at your company will be put in charge of turning buildings operations from a cost center to a revenue center? Energy Information Administration, with a combined annual energy cost of over $200 billion. according to IHS, incurring fuel costs in the billions annually. Information & technology'

Energy 8
article thumbnail

How Cloud Computing Is Changing Management

Harvard Business Review

That makes it imperative to start thinking about how management will be changed by the most impactful information technology of our time: cloud computing. The team of 20 people represented technology, infrastructure, production operations, development and information security parts of the business. How organizations are changing.

article thumbnail

Your Company’s Energy Data Is an Untapped Resource

Harvard Business Review

Who at your company will be put in charge of turning buildings operations from a cost center to a revenue center? Energy Information Administration, with a combined annual energy cost of over $200 billion. according to IHS, incurring fuel costs in the billions annually. alone, according to the US.

Energy 8