The Horizons Tracker

OCTOBER 1, 2020

In other words, they’re looking at whether the engagement will improve their core business, and whether they have the skills and resources internally to cultivate an effective relationship. Ensure there is an independent cost center. Venturing out. Consider increasing the time span of reporting cycles.

Incubator 82

Incubator Entrepreneur Venture Funding Incentives 82

Strategy Driven

AUGUST 4, 2013

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. a cost center), sustainability aggressively planned into projects, and an increased emphasis on corporate social responsibility.

Trends 56

Trends Project Resources Management 56

Harvard Business Review

JANUARY 4, 2018

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. Recruiting this high-demand skill set was not easy. Support from the top. The right people.

Company 8

Company Chief Operating Officer Incentives Project 8

Harvard Business Review

JUNE 4, 2014

Similarly, when another company needed to reduce its expenses, the pain was spread like peanut butter across the different cost centers because the senior management team couldn’t reach a decision about where to focus — which meant that areas with growth potential lost as much muscle as those with less opportunity.

Construction 9

Construction Cost Center Committee Licensing 9

Harvard Business Review

NOVEMBER 30, 2017

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.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

MARCH 13, 2013

Perhaps more important, almost 70% of respondents said that they were likely to increase the skill complexity of the work done offshore. While that all sounds promising, our research also indicated that there are three counter-forces at play that have the potential to affect the performance trajectory of these offshore centers.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

Harvard Business Review

MARCH 5, 2012

Government in its entirety is a cost-center to society, so we desperately need to create not just jobs, but private sector jobs. The challenge really isn't finding an employer to give you a job — rather it's how to monetize your skills. That means that the jobs you can get may not be like the jobs you had.

Cost Center 12

Cost Center Entrepreneur Fashion Learning-by-Doing 12