It sounds like "cost accounting" fit into that bucket. It's too easy to find a things that are easily measurable and saying "this thing is correlated with our success, so let's focus on it". The things that will lead to the business making the most money. It gets down to the question of: is everyone working on the "right things". This sounds obvious and intuitive, however it's actually much harder than most people think, and easy to get wrong. One of the biggest takeaways from this book is that it's incredibly important to set the right goals to manage a complex operation. Did we really need the side story about the protagonists marital issues? I almost removed a star for trying to create a fictional story to tell the book in that was badly told/edited. It's a business classic- first published in 1984 - but still relevant as it gets at the fundamentals. This soun Great explanation of the theory of constraints and operations management. 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. Great explanation of the theory of constraints and operations management. Secondly the advancement of SPC (Statically Process Control) and Lean puts greater emphasis on TOC, and till now this book has been prescribed by many academia to students for understanding of Lean, Six Sigma, Agile etc. This book was written before lean came into picture as a concept that can be applied and reaped by larger audience and TOC was established in mid 60's but it was not put up in easy to understand perspective and was in form of journals and papers but this book made it common sense for common man and was pushed by American Manufacturers to their employees, which helped them to define new way of cost measuring and defining the competitive priorities in context to their strategic goals.
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Malik S The primary reason for It was written at a point of time when manufacturers were taken by the competitive priorities of Cost- providing low-cost produ …more The primary reason for It was written at a point of time when manufacturers were taken by the competitive priorities of Cost- providing low-cost products, Quality - providing high-quality products, Delivery - providing products quickly, Flexibility - wide range of product/customization and Services - Delivery of product and how it is supported. 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.more The story of Alex's fight to save his plant is more than compulsive reading. It takes a chance meeting with a colleague from student days-Jonah-to help him break out of conventional ways of thinking to see what needs to be done. He has ninety days to save his plant-or it will be closed by corporate HQ, with hundreds of job losses. His factory is rapidly heading for disaster.
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He has ninety days to save his plant-or it will be closed by corporat Written in a fast-paced thriller style, The Goal is the gripping novel which is transforming management thinking throughout the Western world.Īlex Rogo is a harried plant manager working ever more desperately to try and improve performance.
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Alex Rogo is a harried plant manager working ever more desperately to try and improve performance. Written in a fast-paced thriller style, The Goal is the gripping novel which is transforming management thinking throughout the Western world.