Time-based management of technology: A taxonomic integration of tactical and strategic roles
For corporations competing in a global marketplace, time-based
management of their technology is becoming a significant resource.
However, the concept of time in management of technology-driven
industrial organizations is not new. Classical management theorists like
Frederick Taylor and others used time-based management in
"scientific" management of operations or for planning,
organizing, scheduling, and controlling. However, due to opening of
international barriers, fast changing technologies, and rapidly
shrinking product life cycles, time-based management is acquiring an
increasing significance in its tactical and strategic roles. Develops a
comprehensive taxonomy of time-based management based on its three
dimensions: form, origin and application. Discusses trade-offs and
linking of time-based management with other strategic criteria, such as
quality, performance, and delivery. Outlines six specific ideas for
implementation of agility-based strategy. Discusses some managerial
implications for optimal utilization of time-based management.
Keywords: Company Performance; Competitive Strategy; Management; New Product Development; Performance; Quality; Technology; Time Management
Document Type: Research Article
Publication date: 01 February 1995
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