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Alex Rogo UniCo.
In A Fast Paced Thriller Style, The Goal Is The Gripping Novel Which Is Transforming Management Thinking Throughout The Western WorldAlex Rogo Is A Harried Plant Manager Working Ever Desperately To Try And Improve Performance His Factory Is Rapidly Heading For Disaster So Is His Marriage He Has Ninety Days To Save His Plant Or It Will Be Closed By Corporate HQ, With Hundreds Of Job Losses It Takes A Chance Meeting With A ☆ The Goal: A Process of Ongoing Improvement Î Download by Â Eliyahu M.
Goldratt Colleague From Student Days Jonah To Help Him Break Out Of Conventional Ways Of Thinking To See What Needs To Be DoneThe Story Of Alex S Fight To Save His Plant Is Than Compulsive Reading It Contains A Serious Message For All Managers In Industry And Explains The Ideas Which Underline The Theory Of Constraints TOC Developed By Eli Goldratt This is to Systems Thinking what The Five Dysfunctions is to management A peachy piece of fiction, packed with applicable lessons in the most enjoyable format you can imagine While other systems thinking books are somewhat dry, this one is filled with life, even romance, and well grounded in reality While five stars normally for me would mean life changing, in this case I can t resist because of a rare and wonderful balance between enjoyment, levity, and insight This type of book, to me, is way better than crime fiction or fantasy I wish business fiction was a genre with endless options.
In The Goal, a dysfunctional manufacturing plant is transformed after the protagonist has a chance encounter with his physics professor in an airport lounge Through an unlikely rekindling of the relationship, the professor shows him simple systems thinking principles that are gr Ü The Goal: A Process of Ongoing Improvement ¿ NOTESProductivity to accomplish something in terms of a goal The future of our business depends upon our ability to increase productivity PeachWhat is the Goal original thoughtsIncrease producitivityProduce productsPowerMarket share SalesCost effective purchasingSupplying jobsQualityQuality EfficiencyTechnology RDCommunicationsCustomer satisfactionMake MoneyThree measurements essential to knowing whether company is making moneyNet ProfitROICash flowMake money by increasing net profit, while simultaneously increasing ROI, and simultaneously increasing cash flowBut he realizes that at the plant level these measurements don t mean much Only at the top level.
More than one way to express the Goal at the plant levelThroughput the rate at which the system generates money through sales not production if you produce something, but don t sell it, it s not throughput Inventory All 2nd read through I still love this book Primarily because of its collaborative solution finding process and its vocalness against local optima Also from a didactic perspective I think this is something we as people leading teams should strive for Enabling peers to make better decisions by themselves via good process The references in The Phoenix Project pushed me towards reading this one as well I really enjoyed listening to the audible version of this book and I would also argue that there s a lot to take from this book, even if you ve already read The Phoenix Project In a world where so many people are talking about scaling Agile, this is one of the books that gave me a lotinsights in the underlying principles of lean The last chapters are especially great ammunition for folks that have to deal with By The Book advocates of certain methodologies Separating the applicatio Goldratt introduces the Theory of Constraints via this entertaining novel I think this book is excellent if you are new to Operations And I think the approach of telling a story rather reading a traditional text book is a good format It demonstrates why many traditional measurements and common intuition is wrong The book revisits what the goal of a business should be and what is important to measure and control to achieve that goal Through examples in the main character s personal life and work life, Goldratt explains the weaknesses of traditional cost accounting systems and what s important to track In short, to optimize money earned, increase throughput, decrease operating expense and decrease inventory And an important corollary is that any change requires impact to all 3 throughput, operating expense and inventory It is a fallacy that a change can impact only one of th
5interested in application to project development vs repeatable manufacturing.
I like the approach of discovering the principles behind theory of constraints and how to optimize throughput through a repeatable manufacturing process Seems quite practical and valuable in just that application.
Trying to figure how this can apply beyond just manufacturing The latter portion of the book view spoiler after Alex is promoted to division head and can t optimize a single plant, but needs to figure out how to optimize as a manager hide spoiler Great explanation of the theory of constraints and operations management It s a business classic first published in 1984 but still relevant as it gets at the fundamentals I almost removed a star for trying to create a fictional story to tell the book in that was badly told edited Did we really need the side story about the protagonists marital issues One of the biggest takeaways from this book is that it s incredibly important to set the right goals to manage a complex operation This sounds obvious and intuitive, however it s actually much harder than most people think, and easy to get wrong It gets down to the question of is everyone working on the right things The things that will lead to the business making the most mon
The book s lessons have some practicality in normal, everyday life, but its greatest utility is for those involved in process improvement in industries such as manufacturing, distribution, services, and retail All industrial and systems engineers need to read this book, as do all managers of processes.