%0 Journal Article %T How Managers Perceive Real %A Omar A. El Sawy %A Pernille Ryd¨¦n %J California Management Review %@ 2162-8564 %D 2019 %R 10.1177/0008125618818840 %X A new era of disruptive technologies and changing business practices is moving a number of industries toward the ¡°real-time¡± enterprise. With the increased capabilities of online digital platforms, managers need to deliver goods and services faster and respond rapidly to customers. It is therefore critical to ask what ¡°real time¡± means to managers, what real-time management entails, and learn how enterprises capture business value through real-time management, especially when the ability to adjust and operate in real time must be ingrained in an organization¡¯s culture, structures, and processes. This article shows that managers who use ¡°real time¡± in different ways can articulate different facets of experience and practices, leading to the ¡°Fast & Flow¡± framework. Thinking of real time as ¡°Fast & Flow¡± provides managers with insights for transitioning to real-time management that is better attuned to the organization, the market, and a technology-driven state of flux %K organizational change %K organizational design %K process innovation %K strategic management %K technological change %K information technology %K time-based competition %K time pressure %K agility %K cognitive psychology %U https://journals.sagepub.com/doi/full/10.1177/0008125618818840