Book 20 of 141

    From the library

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

    George Stalk Jr., Thomas Hout, 1990

    In one paragraph

    Stalk and Hout's argument that elapsed time is a competitive weapon: compress the cycle and cost, quality and share improve together rather than trading off. The contribution is treating delay as the thing to attack rather than a symptom. Most useful in operations with long queues and many handoffs. Least useful outside manufacturing-shaped work, and the examples are firmly of their period.

    Also tagged

    Strategy
    Operations

    Where this sits in the operating system

    Single-Point Focus

    Focus & Essentialism

    Leading vs. Lagging Indicators

    Continuous Improvement & Feedback Loops

    Elimination Over Addition

    Focus & Essentialism

    Key insights

    Most elapsed time in any process is waiting, not working. Attack the queues before the tasks.

    Compressing cycle time improves cost and quality together, which contradicts the assumption that they trade off.

    Time is the one competitive dimension a rival cannot buy back quickly once lost.

    Recognise it early

    The failure and the correction sit side by side deliberately. Read the left column asking whether any of it is already true of you.

    What goes wrong

    Sacrificing quality for speed creating rework and delays

    Fast cycle time results from doing things right the first time

    Optimizing individual functions instead of total system speed

    Focus on end-to-end process cycle time rather than departmental efficiency

    Adding complexity and variety that slows execution

    Variety and customization are enemies of speedsimplify and standardize

    Using long planning cycles with unreliable forecasts

    Longer time spans mean less reliable forecastsshorten cycles

    Treating speed as tactical rather than strategic advantage

    Speed is the most powerful new competitive advantagemake it strategic

    The same idea, argued differently

    Greg McKeown

    Geoffrey Moore

    Frank Slootman

    Gary Keller, Jay Papasan

    The full breakdown

    Before you close this

    Naming the specific moment you will act roughly doubles the odds you do.

    Reference

    Author
    George Stalk Jr., Thomas Hout
    Published
    1990
    Category
    Business

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