Necessary But Not Sufficient

Eliyahu M Goldratt & Eli Schragenheim

Physical

In Circulation

After reading the newspapers and following the sharp oscillations of the stock market, it becomes apparent that hi-tech companies are of a different breed. Never before have the chances of making a fortune been so realistic and never before have large companies been so fragile. What is really going on inside these hi-tech companies? What types of pressures and challenges are they facing? And how do they cope?

Computer software providers, especially the ones that specialize in handling the data needs of organizations, are prime examples of these volatile companies. In the nineties we witnessed their growth from small businesses into multi-billion dollar giants. No wonder investors were attracted.

In 1998 it was easy for such companies to raise as much money as they wanted. But now, investment funds have dried up. Why? And more importantly, is there a way to reverse the trend? This book gives the answers.

What will you learn from this book

  1. Theory of Constraints (TOC): Building upon the TOC concept introduced in "The Goal," the book emphasizes identifying and managing constraints within an organization's processes to improve overall efficiency and productivity.

  2. Critical Chain Project Management: Introduces the concept of Critical Chain methodology, focusing on identifying and managing project constraints to optimize project completion times without compromising quality.

  3. Sufficient Conditions: The book highlights that while identifying necessary conditions for success is essential, they may not always be sufficient on their own. It encourages a holistic view, understanding that addressing a single constraint might not lead to overall success if other factors are neglected.

  4. Systems Thinking: Emphasizes the importance of systems thinking, understanding how various elements within a system interact and affect each other. Managing constraints requires considering the system as a whole rather than optimizing individual parts.

  5. Continuous Improvement: Encourages a culture of continuous improvement by systematically identifying and addressing constraints to enhance overall organizational performance.

  6. Bottleneck Management: Stresses the significance of identifying and managing bottlenecks or constraints in processes to maximize throughput and efficiency.

  7. Performance Metrics: Focuses on the importance of using appropriate performance metrics that align with the organization's goals and help identify and manage constraints effectively.

  8. Change Management: Discusses strategies for managing change within an organization to implement TOC principles effectively, considering resistance to change and fostering a supportive environment.

  9. Dependency Management: Addresses the interdependencies between different parts of an organization or project and the impact these dependencies can have on overall performance.

  10. Practical Application: Provides practical examples and case studies to illustrate how TOC principles can be applied in various industries and organizational settings.

Language English
ISBN-10 81-85984-18-2
ISBN-13 9780884271703
No of pages 231
Font Size Medium
Book Publisher North River Press
Published Date 03 Nov 2005

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