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Goldratt
Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli business management guru. He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools. He was the author of several business novels and non-fiction works, mainly on the application of the theory of constraints to various manufacturing, engineering, and other business processes. The processes are typically modeled as resource flows, the constraints typically represent limits on flows. In his book '' The Goal'', the protagonist is a manager in charge of a troubled manufacturing operation. At any point in time, one particular constraint (such as inadequate capacity at a machine tool) limits total system throughput, and when the constraint is resolved, another constraint becomes the critical one. The plot of Goldratt's stories revolve around identifying the current ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Choice (philosophy Book)
Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli business management guru. He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes (Theory of Constraints), Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools. He was the author of several business fable, business novels and non-fiction works, mainly on the application of the theory of constraints to various manufacturing, engineering, and other business processes. The processes are typically modeled as resource flows, the constraints typically represent limits on flows. In his book ''The Goal (novel), The Goal'', the protagonist is a manager in charge of a troubled manufacturing operation. At any point in time, one particular constraint (such as inadequate capacity at a machine tool) limits total system throughput, and when the constraint is resolved, another constraint becomes the critical on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thinking Processes (Theory Of Constraints)
The thinking processes in Eliyahu M. Goldratt's theory of constraints are the five methods to enable the focused improvement of any cognitive system (especially business systems). Purpose The purpose of the thinking processes is to help answer questions essential to achieving focused improvement: # ''What to change?'' # ''What to change it into?'' # ''How to cause the change?'' Sometimes two other questions are considered as well: ''Why change?'' and: ''How to maintain the process of ongoing improvement (POOGI)?'' A more thorough rationale is presented in ''What is this thing called theory of constraints and how should it be implemented''. A more thorough work, mapping the use and evolution of the Thinking Processes, was conducted by Mabin et al. Processes The primary thinking processes, as codified by Goldratt and others: * Current_reality_tree_(theory_of_constraints), Current reality tree (CRT, similar to the current state map used by many organizations) — evaluates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Critical Chain (book)
''Critical Chain'' is a novel by Dr. Eliyahu Goldratt using the critical chain theory of project management as the major theme. It is really a teaching method for the theory. Plot introduction Like Goldratt's book ''The Goal'', ''Critical Chain'' is written as a novel, not like a project manager's how-to guide. This book is a story about a professor trying to attain his tenure at a university's business school. The plot is used to maintain interest in the subject and provide a real life feel to the book. It provides plenty of real-world examples. The plot of the novel is fourfold: # A professor trying to become tenured, # A business school's struggle to improve enrollment, # Teaching philosophy, # Applying the Theory of Constraints to project management The goal of the book is the last point, but Goldratt makes it clear that educational systems must change to better accommodate the quickly changing world of business. The book walks the reader through a series of steps to estab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Goal
''The Goal'' is a management-oriented novel by Eliyahu M. Goldratt, a business consultant known for his theory of constraints, and Jeff Cox, the author of many management-oriented novels. ''The Goal'' was originally published in 1984 and has since been revised and republished. This book can be used for case studies in operations management, with a focus geared towards the theory of constraints, bottlenecks and how to alleviate them, and applications of these concepts in real life. It is used in management colleges to teach students about the importance of strategic capacity planning and constraint management. ''Time Magazine'' listed the book as one of "The 25 Most Influential Business Management Books. Setting Like other books by Goldratt and by Cox, ''The Goal'' is written as a piece of fiction. The main character is Alex Rogo, who manages a production plant owned by UniCo Manufacturing, where everything is always behind schedule and things are looking dire. At the beginn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Goal (novel)
''The Goal'' is a management-oriented novel by Eliyahu M. Goldratt, a business consultant known for his theory of constraints, and Jeff Cox, the author of many management-oriented novels. ''The Goal'' was originally published in 1984 and has since been revised and republished. This book can be used for case studies in operations management, with a focus geared towards the theory of constraints, bottlenecks and how to alleviate them, and applications of these concepts in real life. It is used in management colleges to teach students about the importance of strategic capacity planning and constraint management. ''Time Magazine'' listed the book as one of "The 25 Most Influential Business Management Books. Setting Like other books by Goldratt and by Cox, ''The Goal'' is written as a piece of fiction. The main character is Alex Rogo, who manages a production plant owned by UniCo Manufacturing, where everything is always behind schedule and things are looking dire. At the beginn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
It's Not Luck (book)
''It's Not Luck'' (1994) is a business novel and a sequel to ''The Goal''. Set several years after, the plot continues to follow the advancement of the main character, Alex Rogo, through the corporate ranks of large manufacturer Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ..., UniCo. Author Dr. Eliyahu M. Goldratt, a business consultant known for his theory of constraints (TOC), continues to teach the reader his thinking processes through the eyes of Alex Rogo as he learns from his mentor, Jonah. In this book, the primary subjects are the resolution of conflict through the evaporating clouds method and the identification of root causes through the effect-cause-effect method. Synopsis In this book the main character, Alex, conducts the reader through the essence of some T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Critical Chain Project Management
Critical chain project management (CCPM) is a method of planning and managing projects that emphasizes the resources (people, equipment, physical space) required to execute project tasks. It was developed by Eliyahu M. Goldratt. It differs from more traditional methods that derive from critical path and PERT algorithms, which emphasize task order and rigid scheduling. A critical chain project network strives to keep resources levelled, and requires that they be flexible in start times. Origins Critical chain project management is based on methods and algorithms derived from Theory of Constraints. The idea of CCPM was introduced in 1997 in Eliyahu M. Goldratt's book, ''Critical Chain''. The application of CCPM has been credited with achieving projects 10% to 50% faster and/or cheaper than the traditional methods (i.e., CPM, PERT, Gantt, etc.) developed from 1910 to 1950s. According to studies of traditional project management methods by Standish Group and others as of 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Fable
A business fable (also termed management fiction) is a motivational fable, parable or other fictional story that shares a lesson or lessons that are intended to be applied in the business world with the aim to improve the organizational culture. The genre saw a peak in the early 2000s. New York Times bestseller, ''New York Times'' bestsellers in the business fable genre include: * * * * * * Later republished by St. Martin's Press, Macmiliians, and Portfolio. Other notable business fables include: * * * ''Fish! Philosophy'' by Stephen Lundin (2000) * ''The Chicken and the Pig'' See also * Self-help book * Motivational speaker * Popular psychology References Business books, * Business fables, Motivation Popular psychology books Management books {{lit-genre-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Critical Chain
Critical chain project management (CCPM) is a method of planning and managing projects that emphasizes the resources (people, equipment, physical space) required to execute project tasks. It was developed by Eliyahu M. Goldratt. It differs from more traditional methods that derive from critical path and PERT algorithms, which emphasize task order and rigid scheduling. A critical chain project network strives to keep resources levelled, and requires that they be flexible in start times. Origins Critical chain project management is based on methods and algorithms derived from Theory of Constraints. The idea of CCPM was introduced in 1997 in Eliyahu M. Goldratt's book, ''Critical Chain''. The application of CCPM has been credited with achieving projects 10% to 50% faster and/or cheaper than the traditional methods (i.e., CPM, PERT, Gantt, etc.) developed from 1910 to 1950s. According to studies of traditional project management methods by Standish Group and others as of 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avraham-Yehuda Goldrat
Rabbi Avraham-Yehuda Goldrat ( he, אַבְרָהָם יְהוּדָה גּוֹלְדְּרָאט, born 1912, died 17 June 1973) was an Israeli journalist and politician who served as a member of the first Knesset between 1949 and 1951. Biography Born in Kielce in the Russian Empire (today in Poland), Goldrat was certified as a rabbi following his studies. He served as secretary of the city's Young World Agudath Israel, ''Agudath Israel'' branch, and worked as a journalist for the ''Der Vad'' newspaper in Warsaw. In 1933, he made aliyah to Mandatory Palestine. He became secretary of Poalei Agudat Yisrael, and also edited ''HaYesod'', a weekly publication, and ''Sha'arim'', a newspaper. In the elections for the 1949 Israeli legislative election, first Knesset in 1949, he won a seat on the United Religious Front list, an alliance of the four major religious parties. He lost his seat in the 1951 Israeli legislative election, 1951 elections. In 1954, he left Poalei Agudat Yisrael, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution (business)
Distribution (or place) is one of the four elements of the marketing mix. Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries. The other three elements of the marketing mix are product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depend on the strategic approach. The overall distribution channel should add value to the consumer. Definition Distribution is fundamentally concerned with ensuring that products reach target customers in the most d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
