[Free.Ukif] Competing Against Time How Time-Based Competition is Reshaping Global Markets
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Today, time is the cutting edge. In fact, as a strategic weapon, contend George Stalk, Jr., and Thomas M. Hout, time is the equivalent of money, productivity, quality, even innovation. In this path-breaking book based upon ten years of research, the authors argue that the ways leading companies manage time--in production, in new product development, and in sales and distribution--represent the most powerful new sources of competitive advantage.With many detailed examples from companies that have put time-based strategies in place, such as Federal Express, Ford, Milliken, Honda, Deere, Toyota, Sun Microsystems, Wal-Mart, Citicorp, Harley-Davidson, and Mitsubishi, the authors describe exactly how reducing elapsed time can make the critical difference between success and failure. Give customers what they want when they want it, or the competition will. Time-based companies are offering greater varieties of products and services, at lower costs, and with quicker delivery times than their more pedestrian competitors. Moreover, the authors show that by refocusing their organizations on responsiveness, companies are discovering that long-held assumptions about the behavior of costs and customers are not true: Costs do not increase when lead times are reduced; they decline. Costs do not increase with greater investment in quality; they decrease. Costs do not go up when product variety is increased and response time is decreased; they go down. And contrary to a commonly held belief that customer demand would be only marginally improved by expanded product choice and better responsiveness, the authors show that the actual results have been an explosion in the demand for the product or service of a time-sensitive competitor, in most cases catapulting it into the most profitable segments of its markets.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 RD 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. Concurrent Engineering - organization levels examples Concurrent engineering is a method by which several teams within an organization work simultaneously to develop new products and services 10 books that famous CEOs loved reading Business Insider The Insider Picks team writes about stuff we think you'll like Business Insider has affiliate partnerships so we get a share of the revenue from your What Is Strategy? - Harvard Business Review I Operational Effectiveness Is Not Strategy For almost two decades managers have been learning to play by a new set of rules Companies must be flexible to respond OF COMPETITIVE ADVANTAGE: KINETIC AND POSITIONAL OF COMPETITIVE ADVANTAGE: KINETIC AND POSITIONAL By: Ma Companies are indeed competing against time How Time-Based Competition Is Reshaping Global Markets Theory of Constraints Thinking Process Cloud Clouds And Silver Linings A cloud is an elegant graphical means of displaying and solving an apparent conflict or dilemma between two actions The effect of vendor managed inventory (VMI) dynamics on It is however much harder to quantify the impact of bullwhip on the profitability of a company although Metters (1997) has studied the problem with a linear FarmPolicy Im very pleased to announce that starting today I am joining the Department of Agricultural and Consumer Economics at the University of Illinois as the Social International Journal of Operations & Production Management Objectives Lean as a concept has evolved over time and will continue to do so As a result of this development significant confusion about what is lean and what Los libros preferidos de las personas ms poderosas del Los libros preferidos de las personas ms poderosas del mundo Clsicos biografas libros de empresa e incluso cuentos infantiles Estas son las obras predilectas tandfonlinecom/action/cookieAbsent We would like to show you a description here but the site wont allow us
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