Harvard Business Review

MARCH 5, 2012

Europe's young people are bearing the brunt of the fallout from the collapse of the financial system and the struggle to save the Euro. Government in its entirety is a cost-center to society, so we desperately need to create not just jobs, but private sector jobs. A job is not a job is not a job.

Cost Center 12

Cost Center Entrepreneur Fashion Learning-by-Doing 12

Harvard Business Review

OCTOBER 12, 2011

In the early 1990s, Kodak's IT function was focused on systems and internal services. Imagine if someone had asked, "When we process a negative, why don't we capture images as digital files, store them in our system, and allow them to be viewed via a third-party service? But any insights IT might have had were filtered out and lost.

CIO 9

CIO Outsourcing Cost Center Film 9

Harvard Business Review

JANUARY 4, 2018

These results, along with other transformational initiatives, have contributed to GFNorte leapfrogging its competitors within three years to attain second place in profit generation (up from fourth) in the Mexican financial system. Why did GFNorte’s analytics investment pay off when so many others’ do not? Support from the top.

Company 8

Company Chief Operating Officer Incentives Project 8

Harvard Business Review

JUNE 26, 2013

Whereas in the client/server world managing these disparate systems would have taken up the vast majority of a company''s IT budget and time, today an organization can be on dozens of job-specific, tailored solutions in days. Why is this? Mainly because, as Marc Andreessen puts it, " software is eating the world."

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

SEPTEMBER 21, 2016

To address this issue, our team built a system that looks for public postings of stolen credentials, analyzes them, and then notifies people when we discover that their credentials have shown up somewhere else on the internet. Driving Financial Goals. This isn’t the case.

Team 8

Team P&L Engineering Cost 8

Harvard Business Review

DECEMBER 25, 2013

Service at American Express, he argued, should not be treated as just a cost center; rather, it offered an opportunity to invest in building the sort of warm relationships between American Express and its customers that the venerable company’s brand had always been based on. Bush saw a way to change the game.

Call Center 9

Call Center Attrition Cost Center Learning-by-Doing 9

HR Digest

JANUARY 5, 2022

This will help continue to dispel the perception that HR is a cost center or soft skill-based function and demonstrate how data-driven HR can directly impact the bottom line. . I dream about improving the workforce development eco-system at the state level, in states where Bosch has significant investment.

Human Resources 52

Human Resources Education Resources Innovation 52

Harvard Business Review

FEBRUARY 2, 2016

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. The most important capabilities systems do not fall neatly into groupings designed many decades ago.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

AUGUST 13, 2013

That also includes the major line of business systems that power the back office and related functions of the company, as well as the front line support and operations elements for all of that. One of the things I''d learned working for a number of CIOs was that IT is most commonly viewed as the largest cost center in the enterprise.

CIO 8

CIO How To Technology Directory 8

Harvard Business Review

FEBRUARY 8, 2018

Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). Key to the new system are rapid data collection and analysis, followed by over the air changes to product software. How organizations are changing.

Management 13

Management Software BPM Technology 13

Harvard Business Review

SEPTEMBER 12, 2014

Who at your company will be put in charge of turning buildings operations from a cost center to a revenue center? Furthermore, many of these managers are focused more on productivity and safety goals than energy savings, nor are they allocated budgets to acquire new energy-saving systems even when paybacks would be compelling.

Energy 8

Energy Resources Cost Center Budgeting 8

Harvard Business Review

SEPTEMBER 12, 2014

Who at your company will be put in charge of turning buildings operations from a cost center to a revenue center? Furthermore, many of these managers are focused more on productivity and safety goals than energy savings, nor are they allocated budgets to acquire new energy-saving systems even when paybacks would be compelling.

Energy 8

Energy Resources Information Technology Cost Center 8

Harvard Business Review

DECEMBER 6, 2016

In the past, marketing teams might have developed their own tools and databases or bought hardware and software without considering whether they had the know-how to maintain the systems — perhaps because IT was seen as a roadblock or didn’t move as fast as marketing thought they should. It’s the most logical option.

Marketing 8

Marketing Banking Technology System 8

Harvard Business Review

FEBRUARY 22, 2012

Typically an in-house cost center, service is usually viewed as a necessary evil and constantly targeted for "efficiency." Over time, notable service firms built outsourcing capacity in India, Malaysia, Singapore and elsewhere to allow any firm to have a global service workforce at low cost. Model #2 is an example of that.

Participative 15

Participative Decentralization Globalization Cost Center 15

LDRLB

NOVEMBER 12, 2012

HR is an enigmatic profession, as the authors write, “the sad reality is—even in today’s enlightened age of recognizing the value of people to the business—too many top executives still view HR as a non-strategic cost center instead of a core, profit-contributing function.”

Ulrich 137

Ulrich Metrics Report Storytelling 137