Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Summary of The Goal: by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis
    Summary of The Goal: by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis
    Summary of The Goal: by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis
    Ebook27 pages21 minutes

    Summary of The Goal: by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis

    By Instaread Summaries

    4.5/5

    ()

    Read preview

    About this ebook

    Summary of The Goal by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis

     

    Preview:

    The Goal: A Process of Ongoing Improvement by Eliyahu Goldratt and Jeff Cox

    describes a process by which an unprofitable manufacturing operation can be made

    profitable. It conveys p

    LanguageEnglish
    PublisherInstaread, Inc
    Release dateMay 13, 2016
    ISBN9781683781103
    Summary of The Goal: by Eliyahu M. Goldratt and Jeff Cox | Includes Analysis

    Read more from Instaread Summaries

    Related to Summary of The Goal

    Related ebooks

    Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      The Founder's Mentality

      May 1, 2018

      All companies strive for profitable growth, but you believe it eludes many for a common reason. What is it? In my 25 years of researching this topic and working with clients, one theme has come up again and again: complexity. In my view, complexity i

      6 min read

    • Article

      Q&A

      Sep 1, 2023

      You have noted a radical shift in the way value is being created today. Please describe it. It used to be enough for an organization to focus on getting better at what it does. Today, that isn’t enough; you need to get better at what you do and explo

      6 min read

    • Article

      Q & A

      Sep 1, 2021

      You have said that despite efforts to make innovation a common practice, corporate innovation remains a paradox. How so? Very few leaders would deny the importance of innovation. And yet, there is still nothing harder than trying to innovate within a

      7 min read

    • Article

      The Perils of Internal Disruption

      Jan 1, 2019

      THESE DAYS, if something is said to be ‘disruptive’, we assume that it is highly innovative and therefore good — although industry incumbents might disagree. But when it comes to an organization’s internal operations, disruption can be very bad, both

      6 min read

    • Article

      Questions for Kate Sweetman, MIT Centre for Entrepreneurship

      Jan 1, 2018

      What does it mean for a business to exist in the age of Uber? In essence, it means that change can come from anywhere, that it is often technology-driven, and that it often necessitates a new business model. This is what we are seeing, over and over

      6 min read

    • Article

      The Way of The Unicorn: From Start-Up to Scale-Up

      May 1, 2022

      THERE CAN BE NO DOUBT WE LIVE IN INTERESTING TIMES. For those who aren’t familiar with the term, ‘unicorns’ are privately held start-up companies with a value of over $1 billion. And despite the global pandemic, last year we saw more companies reach

      6 min read

    • Article

      Transient advantage Strategy Is Stuck.

      May 26, 2022

      For too long the business world has been obsessed with the notion of building a sustainable competitive advantage. That idea is at the core of most strategy textbooks; it forms the basis of Warren Buffett’s investment strategy; it’s central to the su

      5 min read

    • Article

      When Numbers Can Lie

      Feb 2, 2022

      When Numbers Can Lie
      4 min read

    • Article

      Setting the Course for Your Innovation Journey

      Jan 1, 2020

      MANY WELL-ESTABLISHED COMPANIES KNOW that innovation is critical but have only just begun to test the waters. Others have set sail and are learning to navigate. The most advanced are mid-voyage, deep into their quest. Wherever they are on their journ

      7 min read

    • Article

      Innovation: The Right Questions at the Right Time

      Sep 1, 2022

      IMAGINE THIS SCENE: A team is pitching an innovation project to leaders of your company using a slide deck with five-year revenue projections, an execution road map and assumptions that are being presented as facts. After the presentation, the leader

      6 min read

    • Article

      The Science of Change

      Mar 20, 2020

      The Science of Change
      2 min read

    • Article

      Innovation (not) At The Core

      Aug 2, 2019

      Innovation (not) At The Core
      3 min read

    • Article

      Partnering with Start-Ups

      Jan 1, 2019

      You have said that many big, established corporations are in trouble. How so? A few things are going on. First of all, many of these ‘legacy companies’ have failed to keep up with their customers. I was recently chatting with some of Facebook’s leade

      5 min read

    • Article

      The Era of Human + Machine Innovation

      Jan 1, 2019

      Interview by Karen Christensen In today's environment, organizations that don't keep up with customers' evolving needs are doomed. What is the best way to get a handle on these evolving needs? The first step in understanding your customers is to acce

      5 min read

    • Article

      Why Your Sexy Innovation Lab Is Failing

      Apr 8, 2018

      Innovation labs are springing up everywhere, being commonplace in industries from banking to the property sector, aimed at everything from improving productivity to showcasing new tech, creating new revenue streams or bolstering existing ones. For so

      4 min read

    • Article

      Making Failure Work

      Aug 2, 2019

      For all organisations and managers failure is a recurring reality. But despite failure being all pervasive, few individuals or organisations respond positively. Making failure work productively requires managers to recognise that plans need to be ada

      7 min read

    • Article

      Too Much, Too Quick

      Jul 11, 2019

      Too Much, Too Quick
      7 min read

    Related categories

    Reviews for Summary of The Goal

    4.5/5

    2 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Summary of The Goal - Instaread Summaries

      Overview

      The Goal: A Process of Ongoing Improvement by Eliyahu Goldratt and Jeff Cox describes a process by which an unprofitable manufacturing operation can be made profitable. It conveys proven factory turnaround principles through a fictional story.

      The main obstacle to making an operation profitable is constraints, or bottlenecks, that prevent the plant from running at capacity. These bottlenecks are the result of machinery standing idle, poor work flow, unwise use of labor, and other mistakes. The main impact of the problems is orders being filled late. This leads to unhappy customers who refuse to give the factory additional business and tell others about their unhappiness.

      Rogo, the fictional manager, uses a manufacturing operation turnaround specialist as a sounding board for his and his executive team’s ideas to make the factory profitable before a three month deadline for closing it. The team recognizes that bottlenecks are the main reason for the operation’s lack of profit. They come up with ideas to overcome these bottlenecks, which leads to profitability, until new bottlenecks develop. The team must then rush to overcome those as

      Enjoying the preview?
      Page 1 of 1