Eric Cowperthwaite, chief information security officer at Seattle-based Providence Health & Services, managed to meet his company's IT training needs in spite of a 65 percent budget cut.

"He approached officials at a local security company and offered to pay them a small amount to jointly develop training modules he could then deliver to his staff himself," writes Computerworld's Julia King. "What he got was a customized course on risk management methodologies and risk analysis skills."

"The payback: 'I was able to demonstrate to employees that I was still committed to their growth and development,' Cowperthwaite said," King writes.

Click here to read the Computerworld story.