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

Competing Against Time: How Time-Based Competition is Reshaping Global Markets
Description
"Competing Against Time "is one of them. Hanson Chairman, Deere & Company Today, timely response means competitive advantage; it can even mean survival. Petersen Chairman and Chief Executive Officer, Ford Motor Company In "Competing Against Time" George Stalk and Tom Hout make a compelling case, supported by extensive research, that a new, time-driven paradigm differentiates successful companies from the "also rans." Through the use of numerous examples, the authors demonstrate that customers seek "the most value for the least cost in the least elapsed time," and that customers are willing to pay a premium for less elapsed time. John Sculley Chairman, President, and Chief Executive Officer, Apple Computer, Inc. "Competing Against Time "is a prov
Give customers what they want when they want it, or the competition will. Factories are close to the customers they serve. 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. Time-based companies are offering greater varieties of products and services, at lower costs, and with quicker delivery times than their more pedestrian competitors. 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. In fact, as a strategic weapon, contend George Stalk, Jr., and Thomas M. Moreover, the
Great Insights & Highly Recommendable I came across this book after stumbling upon a recommendation from Tim Cook of Apple. After reading the book, I came to understand how Apple dominated its turf in quality products backed by smart supply management & strategies by racing ahead of time & market. Time is money and there are customers who are willing to pay a premium if you can deliver above & beyo. superior insight on how to change a cost focus to time A Customer Simply put, an oustanding book that has all the nuts and bolts needed to allow a company to transition to a time based focus from a cost based one. Easy to read, the logic is perfect. A must buy to have on your shelf (better yet on your desk). I read it first when I received my MBA read it again this last week . and gave copies to top management I know around. "Recommended by Tim Cook" according to dasickis. I read an article where it said that Tim Cook, CEO of Apple, recommended this book to new hires. After reading the book, I learned a ton about business and how the time-based competition method works. I began to realize how Apple works better and understand Toyota's importance in the automobile industry. Even though I'm in the tech industry and may never touch