Publisher's Synopsis
Time-based management is a recently-articulated management strategy that focuses on time, in addition to costs and sales, as a key measure of business competitiveness and performance. It calls for the acceleration of nearly every aspect of doing business - from abstract managerial functions like decision making and initiating ideas, to activities such as R&D, production, marketing, delivery and service. This report begins with a broad outline of time-based competition and an overview of the issues associated with it. It then discusses the structural and organizational changes that a company can make to simplify and streamline its operations. It also describes how time and speed can be applied to a variety of essential business operations or processes, including product development, production, distribution, sales and marketing. The report goes on to explain the uses of information technology and new ways of measuring performance for the time-based competitor.
