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Stay Focused During Meetings: Best Practices to Incorporate

Chart Your Course

To get the most out of this substantial cost center, employees and employers need to maximize attention and retention at every meeting. Set Goals Most meetings do not have an agenda, which can lead to rambling, redundant, and dull gatherings. The host and attendees should have specific measurable goals for the meeting.

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The Changing Role of the CMO

Marshall Goldsmith

Many businesses view marketing as a cost center without recognizing how it contributes to the bottom line. When everyone understands the methodologies used to measure progress and results, we can start mapping different goals on top of one another across departments and for the company as a whole. CMOs in particular.

Metrics 110
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The Internet Shouldn’t Run on Dirty Energy

Harvard Business Review

If the world is to become ever more efficient and reach global climate goals, internet power will need to play its part. Leading companies are learning that sourcing renewable energy for data centers is a low-cost way to demonstrate commitment to global climate goals while adding reliability and predictability to energy consumption.

Energy 8
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The First Step to Fixing U.S. Manufacturing

Harvard Business Review

manufacturers do source from domestic suppliers, they tend to regard them purely as a cost center. Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry. Even when large U.S.

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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. Communicating with strategic goals in mind. Support from the top.

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IT Has Finally Cracked the C-Suite

Harvard Business Review

In too many companies, IT leaders, relegated to their cost centers, are subordinate to other C-level executives. They will also be able to focus more on providing governance leadership, ensuring, as Gartner Research defines it , the effective and efficient use of information technology in enabling the organization to reach its goals.

CIO 14
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Leading by Letting Go

Harvard Business Review

To keep costs under control, you’d set goals for reducing it every year. Even though American Express was well-known for its outstanding service, the company at the time regarded Bush’s organization purely as an expense, and it followed the conventional command-and-control model in its call centers.