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Complimentary Resource – Emerging Trends in Project Management

Strategy Driven

Emerging Trends in Project Management. Implementing project management soft skills into your projects will become increasingly important over the next several years; opening your mind to these emerging trends will open your door to new opportunities. Click here for more information on Emerging Trends in Project Management.

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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. Many CMOs come from a project management or creative background, but the key is for marketers to understand and speak the quantitative and financial language of business. CMOs in particular.

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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." Such projects may ultimately be significant in scale, but have been scoped into discrete units of delivery. As CIOs pitch new IT projects and their teams undertake delivery, cost and effort estimates can vary wildly.

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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.

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The Internet Shouldn’t Run on Dirty Energy

Harvard Business Review

Here’s why now is the time right to invest in renewable energy sources for the internet: Renewable energy can help reduce a cost center. Most credible projections expect the cost of renewable electricity to drop and many traditional sources of electricity to increase.

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Develop Your Company’s Cross-Functional Capabilities

Harvard Business Review

On the other hand, they are set up as cost centers and service bureaus, mandated to meet the needs of all their constituents as rapidly as possible under the ceiling of their budget. What’s more, many of these teams are temporary; they will dissolve once the project is over, and their members may not work together again.

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How to Compete When IT Is Abundant

Harvard Business Review

Rather than serving as an adjunct to the core business, or merely a cost center, IT is becoming intrinsic to the very products and services that every company offers. Flextronics uses Workday to provide visibility into its global workforce of 200,000 employees, allowing it to move around talent and projects at a moment''s notice.