The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt, Jeff Cox Summary and Reviews
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Book Reviews of The Goal: A Process of Ongoing Improvement
Book Review: The Goal
Summary: 5 Stars
If you told me that a story about cost accounting in a factory would be interesting I would say you are nutts. However this story is extremely will written & entertaining thru the first 80%. The finish concerning philosophy could be left off.
I would listen to the book until I reached the end of a chapter because it was interesting even when I had arrived at my driving distination.
I do have an accounting background so that may affect my opinion.
Book Review: Theory of Constraints explained and its wide applications revealed
Summary: 5 Stars
The Goal is a fascinating book about the Theory of Constraints which was introduced to the world by Eliyahu Goldratt. I must admit the title didn't appeal much to me, but bought it anyway because it was recommended highly. After reading it, I realized that the title was perfect since it plays well into the questioning that needs to take place in order to identify the constraint or bottleneck in an organization. The book is written as a novel, which makes the book a lot easier to read and also a lot more entertaining
Alex Rogo is a plant manager and at the beginning of the novel is greeted at his plant by the VP who informs him that his production numbers need to improve or they will be shutting down the plant. Of course, during all this mess Rogo is also going through a rocky marriage and throughout the book the reader is taken through the struggle of both issues.
Alex seeks advice from an old Physicist from Israel named Jonah. Jonah takes Alex through the Socratic method of analysis which is the way Alex then communicates with his management team to solve the issues causing the low throughput in the factory. The conversations that take place between Jonah, Alex and the entire management team are extremely interesting and informative. I wonder how often this level of discussion actually takes place, but it sure makes for interesting reading.
A lot of the applications of the theory of constraints, although they take place in the factory, could be easily implemented in all industries.
Mr. Goldratt has written a business book that will remain relevant for many years to come. I highly recommend this incredible business book. Anyone who does business consulting and does not read and use the information on this book is doing his/her clients a great disservice.
Book Review: A Great Read
Summary: 4 Stars
This book is not only entertaining and educational, but in actuality represents some of the manufacturing organizations today. It teaches many lessons and fundamentals that one can apply to improve his company. It touches on topics that are highly practiced on the field of industrial and manufacturing companies such as bottleneck operation, process scheduling, theory of constraints, and batch processing. The book transitions from a division plant being in trouble of closing down to its complete turnaround to become not only the most productive division plant, but the plant that saved the company. I thoroughly enjoyed the way Goldratt systematically went through the process of improvement and methods that the plant manager utilized to turn around his division plant. Having studied these topics that the book touched upon prior to reading made it easy for me to see the relevance of what was going on through out the novel. I strongly feel that the insight this novel gave me in regards to the process of ongoing improvement is something that I will be able make good use off in my career.
Book Review: IME415- review
Summary: 4 Stars
I expected the Goal to be a typical business book, however was surprised that it was an easy read, most likely because it was in novel form. I was also surprised at the relatable characters and how the plot was developed to include both his professional and personal life. Goldratt did a good job at making the concepts of the story easily understandable, well described, and generally applicable to many different situations. Because of Goldratt's introduction and explanation of the different problem solving methods, the book can be understood by anyone who has a basic knowledge of industry. Overall I thought the book was well written to keep the readers attention and universally relevant and beneficial to anyone in the industry (managers, engineers, operators, etc.). I would recommend this book to anyone who is interested in new ideas that can help increase efficiency, understand how to improve systems, and problem solving.Book Review: The New Economics by W. Edwards Deming
Summary: 5 Stars
This book help illustrate a better way to manage and to use statistical control to understand a companys system. I would recommend this book to anybody interested in how statistical control got started and how to use it.