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Competing Against Time: How Time-Based Competition Is Reshaping Global Markets
Paperback
ISBN13: 9780743253413
Publisher: Free Press
Published: Feb 27 2003
Pages: 304
Weight: 0.97
Height: 0.67 Width: 6.18 Depth: 9.00
Language: English
With persuasive evidence, Stalk and Hout document that time consumption, like cost, is quantifiable and therefore manageable. Today's new-generation companies recognize time as the fourth dimension of competitiveness and, as a result, operate with flexible manufacturing and rapid-response systems, and place extraordinary emphasis on R&D and innovation. Factories are close to the customers they serve. Organizations are structured to produce fast responses rather than low costs and control. Companies concentrate on reducing if not eliminating delays and using their response advantage to attract the most profitable customers.
Stalk and Hout conclude that virtually all businesses can use time as a competitive weapon. In industry after industry, they illustrate the processes involved in becoming a time-based competitor and the ways managers can open and sustain a significant advantage over the competition.
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