Time is precious. For sure you have heard this many times and certainly it is true. Regarding companies maybe we can say that time is money. Nonetheless, many of them are awash in meetings and teleconferences and don't know how to manage time.
Some forward-thinking companies are taking a different approach, as Harvard Business Review explains. They are treating time as a scarce resource and are bringing as much discipline to time budgets as capital budgets. In doing so, says HBR, these organizations have lowered overhead expenses, have made executives more productive, are fueling innovation, and are accelerating profitable growth.
In this interactive Harvard Business Review webinar, Bain’s Michael Mankins shares a new approach for more effectively managing organizational time.
Source: Harvard Business Review