21st Centuty Manufacturing: National Initiative For Product Data Exchange: Product Data Exchange Baseline Activity

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The dimension of time makes the difference

Renewable Advantage delivers Remarkable Advantage

Former CMU E-Commerce Student

Must read for any serious business person

Great reviews, but disappointing

Renewable Advantage: Crafting Strategy Through Economic Time
Jeffrey Williams
Manufacturer: Free Press
ProductGroup: Book
Binding: Hardcover

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Book Description

The task of continuously renewing a company is the greatest challenge confronting any chief executive. To enable managers to project renewal strategies likely to win in the future, Jeffrey Williams has constructed a dynamic road map of outcomes in what he calls "economic time," based on a ten-year study of growth, decline, and renewal patterns of hundreds of companies in forty-five industries. In this superbly readable book, Williams's revolutionary, award-winning concept of slow-, standard-, and fast-cycle economic time provides a unifying business language that the multicycle manager can use to compare the renewal opportunities of widely diverse products, companies, and markets. Using examples and studies from companies such as Starbucks, McDonald's, UPS, Compaq, Sony, Merck, Disney, Toyota, IKEA, Microsoft, Sony, Intel, IBM, Johnson & Johnson, Chrysler, and Hewlett-Packard, Williams explains that the key idea in economic time is being able to manage products and organizations according to the speed and means by which economic value arises, decays, and is renewed. The drivers of economic time are isolating mechanisms -- a firm's unique capabilities that lie at the heart of its competitive advantage -- and that, in Williams's framework, "delay" product obsolescence. Building on his intuitively appealing model, Williams describes how his three laws of renewal -- convergence, alignment, and renewal -- provide guidelines by which managers can gain command over strategy in complex, dynamic competitive situations. Renewable Advantage is not only essential reading but also will become a standard reference for senior and division managers, business scientists and strategists, and general managers in all industries.

Customer Reviews:

The dimension of time makes the difference.......2006-06-25

Strategic management is a fascinating topic, and attracts much authorship; at first glance, this work may look like 'just another book on strategy'. Fortunately, it is much deeper than that. Paying attention to different parts of the business environment, and tracking the rate at which change takes place across many parameters, the author examines strategy through the concept of 'economic time'.

While the concept is simple, its ramifications are not: companies operating in different cycles must learn to develop, test, market, partner, cannibalize, reinvent, re-release, give away, and change, in very different ways. This dramatically affects their organizational structures and resource allocation, as well as their culture. Dr Williams makes these points very clear, and has organized the book in a way that gives appropriate weight to the discussions that lead to a new way of thinking.
In particular, I would recommend the chapter on "Multicycle Management" to anyone working in a big company or conglomerate, which cannot get defined by a single cycle style.

Upon finishing this book, the reader will be armed with a new way of viewing departments, companies, even industries.

Renewable Advantage delivers Remarkable Advantage.......2000-05-18

Jeffrey Williams has delivered a new and important way for businesses to view their strategic position. Whether slow cycle, or fast cycle, his most important revelation is that no business has the right simply to exist. All businesses exist to maximize value to the stakeholder.

Sometimes, maximum value is only achieved by transforming your business. Ultimately, maximum value may be achieved by breakup or dissolution of the business. Once these sobering realizations are assimilated, Professor Williams proceeds in a very readable and informative way to help businesses understand where they are, where their markets are, and how to maximize value where they need to be. A must read for voyagers through the New Economy.

Former CMU E-Commerce Student.......2000-04-13

Jeffrey Williams has broken new ground in the field of strategic management! This book will help guide managers and investors through the often cloudy world of economic time. By following the precepts laid out in this book, companies will be able to achieve sustainable competitive advantage regardless of the industry or competition. Professor Williams book is as engaging as his lectures. A must read!

Must read for any serious business person.......1999-09-25

Jeffrey Williams takes an new approach to analyzing competitive forces based on the new concept of economic time. This allows insight into how to manage and compete within different industries, or, within different divisions of a company. I found the insights to be unique, and extraordinarily valuable to me as an entrepreneur in the high tech industry.

Great reviews, but disappointing.......1999-08-05

The reviews on the books back cover actually intrigued me - DJ Teece, Al Rappaport actually do not review books uncritically. But in this case there is a big "but". The book actually is an extension of an article of Williams published long ago, and the reviews probably still reflect the article and not the book, which is not recommendable. It is strange, for example, that the author refers to the pharmaceutical industry as "slow cycle" industry, while everybody knows that there are few industry where time is so critical to success and where radical changes (just look at biotech and the revolutionary changes ahead) occur so quickly and drammatically.

The book cites far too many industries to provide any actionable information and it is legitimate to say that it is highly superficial.

My clear vote is "Not recommended".

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Renewable Advantage: Crafting Strategy Through Economic Time. (book review): An article from: Human Resource Planning
Ellen Ernst Kossek
Manufacturer: Human Resource Planning Society
ProductGroup: Book
Binding: Digital
ASIN: B0008HWLIO
Release Date: 2005-07-28

Book Description

This digital document is an article from Human Resource Planning, published by Human Resource Planning Society on March 1, 2001. The length of the article is 1327 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Renewable Advantage: Crafting Strategy Through Economic Time. (book review)
Author: Ellen Ernst Kossek
Publication: Human Resource Planning (Refereed)
Date: March 1, 2001
Publisher: Human Resource Planning Society
Volume: 24 Issue: 1 Page: 46

Article Type: Book Review

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Renewable Advantage: Crafting Strategy Through Economic Time

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Renewable Advantage: Crafting Strategy Through Economic Time
Jeffrey R. Williams
Manufacturer: Free Press
ProductGroup: Book
Binding: Hardcover
ASIN: B000J2JY4M

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Renewable Advantage: Crafting Strategy Through Economic Time
Jeffrey Williams
Manufacturer: Free Press
ProductGroup: Book
Binding: Hardcover
ASIN: B000K1DI2G

Book Description

This book presents a comprehensive, integrated view of quality in frozen foods. It addresses quality from a number of perspectives: technological (mechanical and cryogenic methods of freezing); categorical (classification of quality loss); analytical (measurement of quality); theoretical (model building); applied (preventative treatments), and administrative (policy). The book focuses on the principles of freezing and the concepts of quality, and is therefore applicable to research and development of all types of products. Features include: technological and fundamental features of freezing; types of deterioration that occur in frozen foods; treatment to minimize quality losses during freezing and storage; methods to assess quality losses; strategies that impact a frozen product's quality and ultimate consumer acceptance.

2002 best buyer awards. (NFFC).(Men and women who determine each supermarket and grocery store's assortment note improvements in product quality): An article from: Frozen Food Age

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2002 best buyer awards. (NFFC).(Men and women who determine each supermarket and grocery store's assortment note improvements in product quality): An article from: Frozen Food Age

Manufacturer: Cygnus Business Media
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from Frozen Food Age, published by Cygnus Business Media on October 1, 2002. The length of the article is 909 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: 2002 best buyer awards. (NFFC).(Men and women who determine each supermarket and grocery store's assortment note improvements in product quality)
Publication: Frozen Food Age (Magazine/Journal)
Date: October 1, 2002
Publisher: Cygnus Business Media
Volume: 51 Issue: 3 Page: 43(1)

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Acculturation Erodes The Diet Quality Of U. S. Hispanics.(Statistical Data Included): An article from: Frozen Food Digest

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Acculturation Erodes The Diet Quality Of U. S. Hispanics.(Statistical Data Included): An article from: Frozen Food Digest
Lorna Aldrich , and Jayachandran N. Variyam
Manufacturer: Frozen Food Digest, Inc.
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from Frozen Food Digest, published by Frozen Food Digest, Inc. on July 1, 2000. The length of the article is 2302 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Acculturation Erodes The Diet Quality Of U. S. Hispanics.(Statistical Data Included)
Author: Lorna Aldrich
Publication: Frozen Food Digest (Magazine/Journal)
Date: July 1, 2000
Publisher: Frozen Food Digest, Inc.
Volume: 15 Issue: 5 Page: 24

Article Type: Statistical Data Included

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American Cold Storage gears up for quality customer service. (Company Profile): An article from: Frozen Food Digest

Manufacturer: Frozen Food Digest, Inc.
ProductGroup: Book
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This digital document is an article from Frozen Food Digest, published by Frozen Food Digest, Inc. on April 1, 1993. The length of the article is 911 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: American Cold Storage gears up for quality customer service. (Company Profile)
Publication: Frozen Food Digest (Magazine/Journal)
Date: April 1, 1993
Publisher: Frozen Food Digest, Inc.
Volume: v8 Issue: n3 Page: p36(2)

Article Type: Company Profile

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Americans crave italian: Consumers respond to premium quality frozen italian...when they can find it. (Ethnic).(Brief Article): An article from: Frozen Food Age

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Americans crave italian: Consumers respond to premium quality frozen italian...when they can find it. (Ethnic).(Brief Article): An article from: Frozen Food Age
Michael Hartnett
Manufacturer: Cygnus Business Media
ProductGroup: Book
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This digital document is an article from Frozen Food Age, published by Cygnus Business Media on November 1, 2001. The length of the article is 1012 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Americans crave italian: Consumers respond to premium quality frozen italian...when they can find it. (Ethnic).(Brief Article)
Author: Michael Hartnett
Publication: Frozen Food Age (Magazine/Journal)
Date: November 1, 2001
Publisher: Cygnus Business Media
Volume: 50 Issue: 4 Page: SSS20(1)

Article Type: Brief Article

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Asian food spices sales: Asian food sales surge as consumers respond to restaurant-quality choices that bring spicy tastes to family menus.(Flavors): An article from: Frozen Food Age

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Asian food spices sales: Asian food sales surge as consumers respond to restaurant-quality choices that bring spicy tastes to family menus.(Flavors): An article from: Frozen Food Age
Michael Hartnett
Manufacturer: Cygnus Business Media
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General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Frozen Food Age, published by Cygnus Business Media on December 1, 2004. The length of the article is 1290 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Asian food spices sales: Asian food sales surge as consumers respond to restaurant-quality choices that bring spicy tastes to family menus.(Flavors)
Author: Michael Hartnett
Publication: Frozen Food Age (Magazine/Journal)
Date: December 1, 2004
Publisher: Cygnus Business Media
Volume: 53 Issue: 5 Page: 42(1)

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Baldrige Award sets new standards for food service marketing success. (Baldridge National Quality Award): An article from: Frozen Food Digest

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Baldrige Award sets new standards for food service marketing success. (Baldridge National Quality Award): An article from: Frozen Food Digest
Thomas A. Baldridge
Manufacturer: Frozen Food Digest, Inc.
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from Frozen Food Digest, published by Frozen Food Digest, Inc. on February 1, 1994. The length of the article is 636 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Baldrige National Quality Award has brought significant changes in American businesses. Organizations have redefined the concept of quality and have equated it with waste reduction and customer satisfaction. They are using the Baldrige Award criteria to assess their performance. Trends in food service marketing also calls for the incorporation of total quality management ideas in forming partnerships between suppliers and distributors.

Citation Details
Title: Baldrige Award sets new standards for food service marketing success. (Baldridge National Quality Award)
Author: Thomas A. Baldridge
Publication: Frozen Food Digest (Magazine/Journal)
Date: February 1, 1994
Publisher: Frozen Food Digest, Inc.
Volume: v9 Issue: n2 Page: p8(1)

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Bama makes tracks.(LOGISTICS)(SealTrac ): An article from: Frozen Food Age

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Bama makes tracks.(LOGISTICS)(SealTrac ): An article from: Frozen Food Age

Manufacturer: Cygnus Business Media
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

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Book Description

This digital document is an article from Frozen Food Age, published by Cygnus Business Media on May 1, 2005. The length of the article is 614 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Bama makes tracks.(LOGISTICS)(SealTrac )
Publication: Frozen Food Age (Magazine/Journal)
Date: May 1, 2005
Publisher: Cygnus Business Media
Volume: 53 Issue: 10 Page: 32(1)

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Bangladesh pushing exports, but problems pushing back.(QFFI's Global Seafood Magazine): An article from: Quick Frozen Foods International

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Bangladesh pushing exports, but problems pushing back.(QFFI's Global Seafood Magazine): An article from: Quick Frozen Foods International

Manufacturer: E.W. Williams Publications, Inc.
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from Quick Frozen Foods International, published by E.W. Williams Publications, Inc. on January 1, 2005. The length of the article is 448 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Bangladesh pushing exports, but problems pushing back.(QFFI's Global Seafood Magazine)
Publication: Quick Frozen Foods International (Magazine/Journal)
Date: January 1, 2005
Publisher: E.W. Williams Publications, Inc.
Volume: 46 Issue: 3 Page: 38(1)

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Becoming quality fanatics: learning to do things right the first time breathes new life into struggling firm. (Bama Pie Ltd.) (includes related article ... Profile): An article from: Food Processing
James R. Eilers
Manufacturer: Putman Media, Inc.
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Management | Management & Leadership | Business & Investing | Subjects | Books

Book Description

This digital document is an article from Food Processing, published by Putman Media, Inc. on February 1, 1992. The length of the article is 1580 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Bama Pie Ltd has made vast changes in its quality control process after almost losing its exclusive contract with McDonald's Corp. The changes were influenced by Philip B. Crosby's 'Quality Improvement Process,' described in his book 'Quality is Free.' The new quality standards were instituted over a period of time and now are used in all aspects of the company's operations, including production, maintenance and employee safety. The innovative method is people oriented and cost effective.

Citation Details
Title: Becoming quality fanatics: learning to do things right the first time breathes new life into struggling firm. (Bama Pie Ltd.) (includes related article on people centered quality management) (Spotlight: Quality & Food Safety) (Company Profile)
Author: James R. Eilers
Publication: Food Processing (Magazine/Journal)
Date: February 1, 1992
Publisher: Putman Media, Inc.
Volume: v53 Issue: n2 Page: p71(5)

Article Type: Company Profile

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