“A hundred years ago, most large factories had a CPO—a chief power officer—who ran the electricity generation processes. It was one of the most important roles in manufacturing, because no electricity, no production. It was a Core process,” he says. “But that role has disappeared entirely. Electricity has become infrastructure that you buy from a utility company. It is interchangeable, and you choose suppliers primarily on price. There is rarely a competitive advantage to generating your own power. It is now merely Context, no longer Core. You don’t want to be the organization that has a large
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