The skills necessary to compete in a fast paced business environment--critical thinking, risk taking, team building, project management, and others--are not and cannot be addressed in the traditional delivery of an undergraduate business course. The Ohio University-Lancaster Management program uses a project based, just-in-time (JIT) approach to learning, introducing new concepts as they arise in the course of solving real business problems. The program intends to more effectively serve the entrepreneurial business community, business education's important external customers, with more effectively and correctly prepared business practitioners who will make sound contributions to the business from their first day on the job. The Ohio University-Lancaster Team Internship program has five foundation principles: (1) project based curriculum; (2) multiple iterations at varying and increasing levels of experience; (3) handles larger numbers of students in program; (4) program is driven by continuous improvement quality skills and strategy; and (5) introduces business software during project applications through JIT pull system. The classes in the program are team problem solving based, actual business project driven, hands-on learning environments where students are exposed to and required to exhibit certain skills, attitudes, and knowledge areas. A business software tool is presented only when a student or team is ready to apply it in a problem solving situation or for project activities. The paper also compares benefits and accomplishments of JIT versus the more traditional JIC (just in case) approach, similarities between production systems and education systems, and potential accomplishments of JIT approach in business education. (SWC)