Essay on Review of The Goal by Eliyahu Goldratt

â€Å"The Goal† – By Eliyahu Goldratt and Jeff Cox â€Å"The Goal† is as it vividly explains, is a book on achieving goals. Eliyahu Goldratt, world famous Israeli physicist turned business consultant, the creator of the â€Å"Theory of constraints†, in his work â€Å"The Goal†, explains a lot about managerial skills, to achieve higher productivity and efficiency, in a simple and lucid manner. Goldratt takes a very practical example of today’s world, an Engineer with an MBA degree, Mr. Alex Rogo, as his protagonist and his struggle to get a loss making company to a profit making one along with his family in the back-ground, obviously an important one, to explain the drudgeries of a manufacturing engineer’s life. Goldratt explains several management skills to†¦show more content†¦He’s got just three months to prove his credibility as the Plant Manager to Bill Peach, the division Vice-President. He’s got a lot of issues with his workmen professionally because of the pressure from the top about getting the finished product shipped within the deadline and because of the blame games being played by all of his team members. Basically, he is heading a plant that is totally inefficient, not with inefficient people but with an inefficient system which he realizes later. Alex meets Jonah, his favorite professor in school, surprisingly at an airport, during his rather traumatic phase of professional and family life. Jonah opens his eyes to a new world of constraints and variability. He tells Alex that he is actually heading a plant not with inefficient people but with an inefficient system. Jonah gets to know all this by just asking a few simple questions about Alex’s professional life Jonah explains to him that productivity means achieving the goal. Every institution should have a goal; any improvement towards achieving the goal means increased productivity. He tells him that the goal of any organization or business is to make money, and everything done henceforth has to be money oriented. Jonah explains to him the fact about constraints and variability. He explains to Alex that a balance of the working of a system can never be attained and should not be tried to, for improved success. He explains that variability causes the organizationShow MoreRelatedThe Goal : A Process Of Ongoing Improvement924 Words   |  4 PagesThe novel, â€Å"The Goal: A Process of Ongoing Improvement†, by Eliyahu Goldratt focuses on a production plant that has a failing system which can potentially shut down if the system that it operates under does not right itself and show improvements. The book is structured like a business textbook but is written as a novel. â€Å"The Goal† uses a scenario in the production world that can occur to any production manager. Eliyahu Goldratt uses the main character, Alex Rogo a plant manager with UniCo CompanyRead MoreReview : It s Not Luck 1183 Words   |  5 PagesIEM 4103 Karissa Johnson Spring 2016 Extra Credit Book Review A Book Review: It’s Not Luck by Eliyahu M. Goldratt Assignment for IEM 4103: Intro to Industrial Quality Control Prepared by Karissa Johnson May 2016 Summary of It’s Not Luck It’s Not Luck by Eliyahu M. Goldratt was published in 1994 by The North River Press Publishing Company, Massachusetts. It’s Not luck is a sequel to The Goal that follows the fictitious character, Alex Rogo, from becomingRead MoreOperational Failures Occur Within Organizations Across All Industries Essay1553 Words   |  7 Pagesmachinery performing the task of carrying out the majority of daily task operating on a 24/7 basis. BACKGROUND TO THE PROBLEM AND ITS ORGINS Eliyahu M. Goldrath introduced an overall management philosophy, the theory of constraints (TOC) in his book titled The Goal in 1984. 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The emphasis of your review should be on principles of good operations strategy and should NOT just be a summary of the book. Table of Contents 1. Preface 3 2. Introduction to Business Strategy and its Operations Strategy 3 3. Levels of Strategy 4 4. Executive Summary of Its Not Luck 6 5. Principles of Operations Strategy 7 6. Conclusion 9 7. References 10 1. Preface Read MoreThe Goal By Eliyahu M. A Brief1273 Words   |  6 PagesI chose to read the book, â€Å"The Goal† by Eliyahu M. Goldratt. The book is about a plant manager, Alex Rogo, who is trying to save his plant from getting shut down by using the help of physicist, Jonah, and the Theory of Constraints. I can see the benefits of this book in different areas, not only in the ability to increase productivity in any company, but also using the ideas in all other areas of your life. I personally had a difficult time understanding this book. It took me reading it, then goingRead MoreRoles And Activities Of Management Accounting Essay1568 Words   |  7 Pagesproduction and processing efficiency. (indicative word length 200-300 words) (5 Marks) Theory of Contstraints (â€Å"ToC†) is develop by Dr. Eliyahu M. Goldratt in his management-oriented novel, â€Å"The Goal† (Eli Goldratt, 1984). ToC is management’s theory that views in any system there is often constraints or bottlenecks that limit the system to achieve its goals efficiently and effectively. In essence, ToC aims to identify bottlenecks and remove them, or if this is not possible, ensure that they areRead MoreThe Goal: a Process of Ongoing Improvement1038 Words   |  5 PagesJennifer Purifoy April 30, 2001 Page 1 of 3 Executive Summary for The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt The heart of this story is based around the life of Alex Rogo, Plant Manager for Uniware a division of Unico. After a very upset customer approaches Alexs boss, Bill Peach, he is given an ultimatum to turn the plant around in three months. Due to the limited amount of time available, there are not many outside tools available such as consultants, surveys,Read MoreTheory of Constraints and Queuing Theory3600 Words   |  15 Pagesinefficiencies similar to that of the Theory of Constraints; however, it seeks to accomplish these goals through a mathematical equation rather through a cause-effect-cause method. The Theory of Constraints Today, more than ever, change is essential to satisfying expectations. Customers expect higher product and service quality than the price they’re willing to pay to acquire those products and services (AGI-Goldratt Institute, n.d.). Since it began roughly 20 plus years ago as a manufacturing schedulingRead MoreReport on the Book â€Å"the Goal† by Eliyahu Goldratt and Jeff Cox1590 Words   |  7 PagesReport on the book â€Å"The Goal† by Eliyahu Goldratt and Jeff Cox I really enjoyed this book. It was easy to read and easy to comprehend. The examples used in the book make the main ideas of the book memorable and easy to understand. I loved how the authors described the thinking process of the main character, Alex, in a day to day every person’s situations. To me the main value of this book is that its main concepts are applicable to every business, not just manufacturing facilities. I work in marketing