Competing Against Time: How Time-Based Competition is Reshaping Global Markets
| Author | : | |
| Rating | : | 4.93 (625 Votes) |
| Asin | : | 0743253418 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2013-07-20 |
| Language | : | English |
DESCRIPTION:
"Great Insights & Highly Recommendable" according to Eu Jin Chan. 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 & beyond average speeds. A great book for those who are starting out their own brand and having to deal with various vendors in supply chain.. 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 the country.. "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 a manufacturing plant, I was able to quickly incorporate a ton of the ideas quickly in my startup. Highly recommend.
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.. Today, time is the cutting edge. 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. Give customers what they want when they want it, or the competition will. 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. Organizations are structured to produce fast responses rather than low costs and control. In fact, as a strategic weapon, contend Georg
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. This book is essential reading for businessmen who want to set, rather than follow, the pace in their industries.Roger M