Discussion in 'Business, Careers & Education' started by CunningSmeagol, Apr 29, 2013.
It is awesome. I'm in the middle of it and totally absorbed.
I have. It's pretty much a required book to read for accounting majors. Only thing I didn't like about it is the love story part that was sort of thrown in the middle. There's a sequel to the book called "It's Not Luck".
His books are great. If you are in PM type work read Critical Chain, it will blow most people's minds.
Probably everyone who went to bschool had it on her desk or night stand.. oh, nowadays I own a kindle as well
Read it in undergrad. Good concepts in light fiction, but I imagine they are overshadowed my more 'sophisticated' management concepts now. Definitely the easiest assigned read of a BS Engineering degree.
Over 5 millions people around the world have read The Goal since its 1st edition in 1983. It was considered by Time Magazine (August 2011) as one of the 25 most influential management book of the XXth Century. It's not only a must for students, it's a must for everybody involved in management.
Its author, Eliyahu Goldratt (1947-2011) is the founder of a management approach and philosophy known under the name of Theory of Constraints or TOC. He was not only a best-sellers author (its other books : The Race, What is this Thing Called Theory of Constraints, The Haystack Syndrome, It's Not Luck, Critical Chain, Necessary but Not Sufficient, The Choice and Isn't Obvious) but also a successful consultant.
Today more than 230 books have been written on the subject and among them The TOC Handbook (McGrawHill) - around 1200 pages written by famous TOC Experts, including Eli Goldratt.
TOC states and demonstrates that the performance of every system, every organization can be dramatically improved by focusing improvement efforts on a very few parts (generally one) of a system, called the constraint. The constraint is whatever limits the global performance of any system. It can be a machine like in The Goal novel, a policy or a distorted vision of reality (a paradigm change is needed).
TOC is based on three pillars : logic, intuition and emotion. That means that TOC managers have to use these 3 pillars to understand the reality. They are helped by using specific logic tools named Thinking Processes, created by Eli Goldratt.
These tools are really powerful to find and communicate breakthrough solutions to complex problems in complex systems.
Follow-up question: has anyone implemented any of the ideas described in the book in a process, manufacturing or otherwise? I would love to hear any success or failure stories.
Been many years since I read that book (some sort of process management class in b-school) but I still use some of the concepts when examining a broken process. The thing to remember is that much of the book's concepts are applicable in most any process not just manufacturing.
Did no one ever teach you that you can cut and paste anything you want with a footnote, but if you do not cite, it's plagiarism?
Nothing in my post justifies a quote. All of it is based on my knowledge of the subject, as a certified TOC practioner (FE, FMCP, TPCP) by TOCICO (Theory Of Constraints International Certification Organization).
OWNED!!!!!!!! ....27K posts my @ss.
Well, owned if you buy a guy joined SF to say this and his veracity is not a concern. I was just making a crack but did not feel the need to call "bullshit" on this and his first post certainly read like a cut and paste conglomeration. Also, like one needs to have those qualifications to know the basics about a rather well known writer like this?
hehehe, management guru called "Gold Rat" hehehehe.
When I saw Joel-Henry's post I thought he copied and pasted from Wiki or something.
I'm pretty much going with your hunch on this one, dude may be an ancient OCB-TOP-PCP-WHTVR master but he sounds like an ad-bot selling computer generated consulting services.
Separate names with a comma.