The Goal by Eliyahnu Goldratt and Jeff Cox
In presenting the analysis of The Goal by Eliyahnu Goldratt and Jeff Cox, the major points and ideas that were examined mainly included what the goal of any company should be, which the answer is to make money. The book is about transforming management in the business world. How to rethink the old rules of business are presented by Goldratt. This novel centers around the theory of constraints, as an overall philosophy applicable to running and improving an organization. The author gives three methods to use simultaneously inorder to accomplish the goal of making money. Whatever the nature of the business increasing throughput, decreasing inventory and decreasing operational expense are
…show more content…
Critique: In developing a critique for this book one would have to enlist the creativity that the author uses to write his story. Goldratt's book is a text book for students and mangers in the business world. But, there is a major difference between The Goal and the text book bought for a Total Quality Management class. Unlike a text book which gives definitions of concepts and charts on the concepts. Goldratt story gets your attention from the very beginning and makes you turn each page, by having each teaching lesson woven into a fictional story line of a plant mangers and his life. And his life includes his work as a manger and his life as a father and a husband. After reading this book, the reader feels as if they took something from the story that could be used in their work place. The reader becomes more knowledgeable about
TQM. Also the reader understandings that "thinking outside the box" is important to solve problems. This book teaches managers that the old ways of doing things in business are not always the right way. Sometimes one must look for new ideas and new procedures to accomplish tasks in a company. The book is written in an easy to understand form. Someone with little to no business knowledge would enjoy this reading. The author does a wonderful job integrating the fictional story of one man's life with the task of teaching the reader about business management. The author was able to capture the readers
2. What writing strategy does the author use that you think is effective, and why? For example, does he use examples, or does he make
This learning activity has the students looking more deeply into their chosen book using a more critical mind rather than just enjoying the book for its basic story line. It has them taking note of what is happening at each stage of the book and why these events are taking place, then taking this information they have gathered and developing a written report to convey their thoughts and ideas in the book along with developing the skills necessary to produce a piece of writing that is easy to read and understand for the reader. This activity also has a lot of hidden features to the task, such as using the correct grammar, development of sentence structure and use of creative thinking to make the piece interesting to the reader.
1. This document teaches student how to read the word, by showing a specific point of view of the author. By sourcing it, the students can understand that the document represent the perspective of the author.
1. Do you feel that the Bearington plant has the right equipment and technology to do the job? Why?
The Goal by Eliyahu Goldratt is an entertaining and thought provoking business book. The story is about Unico manufacturing plant and its manager – Alex Rogo whose job and marriage is hanging in the air. Bill Peach, who is the factory executive comes into the plant and notices that production has gone down since Alex has been appointed manager. There is six months of production backlog and late shipment of order to customers. Unico is neither productive nor profitable. As a result Alex finds himself in an uncomfortable position of having three months to turn things around or the plant goes downhill.
We can safely state that no single theory of management is universally accepted today. To provide a useful historical perspective that will guide our study of modern management, we shall discuss five different approaches to management : (1) the universal process approach, (2) the operational approach, (3) the behavioral approach, (4) the systems approach, and (5) the contingency approach. Understanding these general approaches to the theory and practice of management can help you appreciate how management has evolved, where it is today, and where it appears to be headed. Each of the five approaches to management represents a different conceptual framework for better understanding the practice of management.
In what ways are management of companies different or how are they similar to one another? And what is the importance of management in how a company runs nowadays? Many of us question about why knowing the history of management is important to Managers? According to (Samson et al, 2012, Page 53) “A historical perspective provides a broader way of thinking; a way of searching for patterns and determining whether they recur across time periods.” In the history of management, many trends have appeared. Many argue that the new techniques being introduced may not have a permanent solution. Others think that managers adapting to new techniques for continuous improvement in this ever changing world. It is important to know the background of how these management perspectives evolved and who and how is it being used now.
For now, I'll set aside considerations of why The Goal is a novel, how effective it is as a book, whether it succeeds as literature, and so on. This article is primarily about the ideas behind the book, and why some are valuable while others are probably quite useless.
The twentieth century has brought in a number of management theories which have helped shaped our view of management in the present business environment. These emerging theories have enabled managers to appreciate new patterns of thinking, new ways of organising and new ways of managing organisations and people. Over the years these different theories have enabled the study
Management has experienced remarkable shifts in the way that organizations conduct business particularly in the last century, due to the evolving workplace as well as tremendous changes in the roles of leaders in organizations. Early managers often relied on authoritative tactics to get the job done, which we have learned from history does not work very well for many modern organizations. In this paper, I will be analyzing the management approach my organization takes and whether this is the best approach to meet organizational goals and whether or not my organization may benefit from adopting a different approach or combining multiple approaches.
An author’s life is reflected in their works. This statement is clearly proven with the British author who wrote 100 years ago and two New Zealand authors who still spend their time working on new book drafts. The storyline, the personality of the characters and the twist in the stories are often related to the events that happened in the author’s life. Through the eyes of a reader, I believe that their love for writing inspires authors to write. An author’s life is reflected in their
When reading the book The Goal written by Eliyahu Goldratt, there were many lessons that I learned in order to have a clear and concise understanding of a positive level of productivity in a company. To have a positive level of productivity there are may components that are taken into consideration. Understanding what it actually means to be productive and how to increase the level of productivity by knowing the actual goal of the company that is trying to be reached and the components that go into the process of being productive. There are many factors that contribute to the level of productivity and being able to identify these factors is the key ingredient to having a successful level of productivity.
“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 “Theory of constraints”, in his work “The Goal”, explains a lot about managerial skills, to achieve higher productivity and efficiency, in a simple and lucid manner.
Successful management requires an understanding of the fundamental concepts of effective management techniques and principles. In order to gain such insight, and manage effectively and efficiently, managers must develop an awareness of past management principles, models and theories. From the turn of the 20th Century, the
Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager's face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.