Competing in the Information Economy
In the information economy, the successful organization will be a sophisticated information-gathering machine that analyzes and manages information flow with the same skill and focus that the industrial company managed work processes. In the information economy, the successful company will be competitive on price and quality as a given, but will also compress cycle time to a minimum. Time compression will become the principle basis for competitive advantage. The emerging business strategies that achieve competitive advantage through time compression are explored in this paper.