George

Competing Against Time: How Time-Based Competition Is Reshaping Global Markets

(No reviews yet) Write a Review
ISBN 13:
9780743253413
author:
George
format:
Paperback
publisher:
Free Press
language:
English
Publication Year:
2003
Pages:
304
Dimensions:
152 mm X 229 mm
Genre:
Business / Economics / Finance
Condition:
New
Availability:
Item usually sent within 5 working days
£18.79

Description

Time is the cutting edge in today's business landscape. According to George Stalk and Thomas M. Hout, time has become a strategic weapon, equivalent to money, productivity, quality, and innovation.

The authors argue that the way companies manage time - from production to new product development, sales, and distribution - is a key source of competitive advantage. Companies like Federal Express, Ford, Milliken, Honda, Deere, Toyota, Sun Microsystems, Wal-Mart, Citicorp, Harley-Davidson, and Mitsubishi have successfully implemented time-based strategies, resulting in greater product variety, lower costs, and quicker delivery times.

By refocusing on responsiveness, companies are discovering that long-held assumptions about the behavior of costs and customers are not true. Reducing elapsed time can make a critical difference between success and failure, as costs decline when lead times are reduced, quality investments decrease costs, and product variety is increased without increasing costs.

View AllClose