The article highlights the importance of time as a critical factor in product development and business strategy, particularly in the context of fiber broadband deployment. A company discovered that their existing technology could be leveraged to significantly reduce the time technicians spent on cable splicing, allowing them to install more cabinets daily. This innovation not only improved operational efficiency but also attracted the attention of large service providers, leading to substantial business growth. As such, managing time effectively can create significant value for both the company and its customers.
"When developing strategies to stay competitive, harnessing the value of time in product development is just as important, if not more so, as cost to consider."
"Our first ads describing the time savings of our product drew the attention of large service providers who sent staff to investigate our claims"
Collection
[
|
...
]