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    The Goal - A Process of Ongoing Improvement

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    Ankit Mohan Gaur
    This document summarizes key concepts from Eliyahu M. Goldratt's book "The Goal". It discusses that the book uses a novel format to explain business concepts like constraints and bottlenecks. It defines constraints as anything limiting a system's performance and bottlenecks as constraints that limit an entire system. The goal is identified as making money, and key processes like inventory throughput and operational expenses are discussed. Methods for overcoming resistance to change like the Socratic method and effect-cause-effect method are also summarized.

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    The Goal - A Process of Ongoing Improvement

    Uploaded by

    Ankit Mohan Gaur
    1K views10 pages
    This document summarizes key concepts from Eliyahu M. Goldratt's book "The Goal". It discusses that the book uses a novel format to explain business concepts like constraints and bottlenecks. It defines constraints as anything limiting a system's performance and bottlenecks as constraints that limit an entire system. The goal is identified as making money, and key processes like inventory throughput and operational expenses are discussed. Methods for overcoming resistance to change like the Socratic method and effect-cause-effect method are also summarized.

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    The Goal – A process of ongoing improvement

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    This document summarizes key concepts from Eliyahu M. Goldratt's book "The Goal". It discusses that the book uses a novel format to explain business concepts like constraints and bottlenecks. It defines constraints as anything limiting a system's performance and bottlenecks as constraints that limit an entire system. The goal is identified as making money, and key processes like inventory throughput and operational expenses are discussed. Methods for overcoming resistance to change like the Socratic method and effect-cause-effect method are also summarized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    1K views10 pages

    The Goal - A Process of Ongoing Improvement

    Uploaded by

    Ankit Mohan Gaur
    This document summarizes key concepts from Eliyahu M. Goldratt's book "The Goal". It discusses that the book uses a novel format to explain business concepts like constraints and bottlenecks. It defines constraints as anything limiting a system's performance and bottlenecks as constraints that limit an entire system. The goal is identified as making money, and key processes like inventory throughput and operational expenses are discussed. Methods for overcoming resistance to change like the Socratic method and effect-cause-effect method are also summarized.

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    THE GOAL A PROCESS OF ONGOING IMPROVEMENT

    -Eliyahu M. Goldratt

    About the Author


    Eliyahu M. Goldratt (1947-2011) was an Israeli physicist who became a business management guru. Originator of Optimized Production Techniques, Theory of Constraints, Critical Chain Project Management.

    About the Novel


    The Goal is unique because it explains a business model through fiction. Its an intriguing, entertaining novel and at the same time a thought provoking business book. Goldratt does an excellent job explaining his concepts, especially how to work with constraints and bottlenecks.

    Constraints
    Anything that limits a systems from achieving higher performance versus its goal.
    Identify

    the systems constraints. Decide how to exploit the systems constraints. Subordinate everything else to the above decision. Elevate the systems constraints. If in the previous steps a constraint has been broken, go back to Step 1.

    Bottleneck
    A phenomenon where the performance or capacity of an entire system is limited by a single or limited number of constraints or resources.

    GOAL
    What is the Goal?
    To

    make money.

    Operational expenses

    Inventory Throughput

    The Process of Change


    The Socratic Method a way to overcome resistance to change. Approach involves asking questions that help a person invent their own solutions.

    The Effect-Cause-Effect Method


    It is a process of speculating a cause for a given effect and then predicting other effects from the same cause.

    The Evaporating Clouds Method


    To find minimum number of changes that are needed to create an environment where the core problem cannot exist.

    THANK YOU

    Ankit Mohan P30111FMG003

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