Proven Strategies to Accelerate Growth, Productivity and Profits with George Stalk, Jr.

The Knowledge Project

Shane Parrish

Society & Culture, Technology, Business

4.7 • 3K Ratings

🗓️ 2 May 2023

⏱️ 94 minutes

🔗️ Recording | iTunes | RSS

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Summary

George Stalk Jr., business strategist and author of the book Competing Against Time, reveals the surprising ways companies can harness the power of time to blow past competitors, boost productivity, and send profits soaring. Competing Against Time is the ONE book that Apple CEO Tim Cook makes all his executives read. In this episode, you’ll learn the proven ‘hardball’ strategies that market leaders like Toyota use to win and discover the counterintuitive approach of paying more to ship and manufacture faster – and how those time advantages translate into unassailable market dominance. George shares eye-opening examples of how relentlessly reducing time and variance through the entire value chain creates an avalanche of competitive advantages nearly impossible for rivals to copy. But it’s not just about speed – it’s about building a fast-moving, low-variance organization primed to adapt, innovate, and seize opportunities others can’t even see. Whether you’re a business leader, entrepreneur or ambitious professional, this episode will give you a radical new lens for gaining an unbeatable edge in any industry. After listening, you’ll never think about business strategy or competition the same way again. -- Want even more? Members get early access, hand-edited transcripts, member-only episodes, and so much more. Learn more here: https://fs.blog/membership/ Every Sunday our Brain Food newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/ Follow Shane on Twitter at: https://twitter.com/ShaneAParrish Our Sponsors: MetaLab: Helping the world’s top companies design, build, and ship amazing products and services. https://www.metalab.com Aeropress: Press your perfect cup, every time. https://aeropress.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I think the one sentence description of time-based competition or competing against time is giving
0:05.8	your customers what they want, when they want it, where they want it, faster than your competitors
0:10.8	can do it.
0:11.8	It starts with the
0:12.6	customer and says how do I get what they want to the faster
0:16.3	than competitors. That's the essence of competing's time. Welcome to the Knowledge Project, a podcast about mastering the best of what other people have already figured out so you can apply their insights to your life.
0:46.0	I'm your host, Shane Parish.
0:48.0	If you're listening to this, you're missing out.
0:51.0	If you'd like access to the podcast before public release, special
0:54.2	episodes that don't appear anywhere else, hand-edited transcripts, or you just want to
0:59.2	support the show you love, you can join at FS. blog slash membership.
1:03.7	Check out the show notes for a link.
1:06.9	Today, my guest is George Stock Jr.
1:09.6	a senior partner in the Boston Consulting Group
1:12.1	who focuses on helping companies create sustainable competitive
1:15.6	advantages using time. George first came on my radar when Tim Cook told all Apple
1:21.9	executives to read his book competing against time
1:25.2	how time-based competition is reshaping global markets.
1:28.5	After reading the book I wanted to know more so I reached out and here we are.
1:32.4	In this conversation we go beyond
1:34.0	the book and explore what it means to compete against time the relationship
1:37.9	between cost and time speed and complexity the hardball manifesto and so much more.
	...

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