Time-based
management in business

TBM in a theory of management which is based on time as a key factor creating surplus value. It expands and supplements methods of Total Quality Management. Applying just-in-time rule in all processes within company, it helps in:

Time Orientation – time can be measured and managed
Orientation on behalf of Scale – only big scale operations will yield expected results
Team Orientation – effective planning and team management
Value Orientation – focus on actions which build value
Process Orientation – introduction of change to processes to optimise them

Time-based management

Time Orientation – time can be measured and managed
Orientation on behalf of Scale – only big scale operations will yield expected results
Team Orientation – effective planning and team management
Value Orientation – focus on actions which build value
Process Orientation – introduction of change to processes to optimise them

Time-based management advantages

In modern day it is time that sets the advantage and competitiveness of a company. Oftentimes clients will be willing to pay more to receive products or services faster. This is true for enterprises of any size. Well-planned management and optimal usage of resources such as time is a key to increased profits.