Articles

Time is Money

The saying “time is money” rings so true for businesses these days. Time is a critical business resource that needs to be measured and managed. It is the primary useful metric for managing in real-time spaces because it’s the most meaningful referential metric, and people understand it. Applications of balanced scorecards, activity-based costing/management, lean manufacturing, value chain analysis, and supply chain management have become established practices within the business community.

Earning money has typically been associated with and restricted to traditional ‘offline’ route. With the Internet taking over a large part of our lives, more people are looking to ways to earn money online to increase their financial inflows, with secondary income streams such as responsible gambling at trusted websites like betmove.

The philosophy of continuous improvement known as Kaizen permeates most of the recent improvements realized in these practices. So, what’s next?

Read More at Strategic Finance Magazine >

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