It's Not Luck

Eliyahu M Goldratt

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There has been a shift of policy at board level. Cash is needed and Alex Rogo's companies are to be put on the block. Alex faces a cruel dilemma. If he successfully completes the turnaround of his companies they can be sold for the maximum return: if he fails they will be closed down. Either way Alex and his team will be out of work. It looks like lose-lose, both for Alex and for his team. And as if he doesn't have enough to deal with, his two children have become teenagers.

As Alex grapples with problems at work and at home, we begin to understand the full scope of Eli Goldratt's powerful techniques. It's Not Luck reveals more of the Thinking Process-techniques that consistently produce win-win solutions to seemingly impossible problems.

What will you learn from this book

  1. Theory of Constraints (TOC): Explores and illustrates the fundamental principles of the Theory of Constraints and its application in business decision-making.

  2. Identifying Constraints: Emphasizes the importance of identifying constraints or bottlenecks within an organization's processes that limit its overall performance.

  3. Critical Chain Project Management: Discusses the application of Critical Chain methodology for project management, focusing on managing resources efficiently.

  4. Market Segmentation and Strategy: Explores strategies for market segmentation and targeting, emphasizing the alignment of business strategies with customer needs.

  5. Conflict Resolution in Decision-Making: Illustrates techniques for resolving conflicts in decision-making, especially when faced with conflicting objectives.

  6. Throughput Accounting: Introduces Throughput Accounting as an alternative to traditional cost accounting, focusing on optimizing throughput and business performance.

  7. Strategic Thinking: Encourages strategic thinking by providing tools and methodologies to challenge existing assumptions and drive innovation.

  8. Marketing and Sales Strategies: Discusses effective marketing and sales strategies, emphasizing the alignment of these strategies with production and operational capabilities.

  9. Risk Management and Contingency Planning: Highlights the importance of risk management and proactive contingency planning in business operations.

  10. Continuous Improvement: Advocates for a culture of continuous improvement by applying TOC principles to identify and alleviate constraints, fostering ongoing organizational growth.

Language English
ISBN-10 9780566076275
ISBN-13 9780884271154
No of pages 288
Font Size Medium
Book Publisher North River Press
Published Date 18 Oct 2002

About Author

Author : Eliyahu M Goldratt

7 Books

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