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It's Not Luck

It's Not Luck

Cash is needed and Alex Rogo's companies are to be put on the block. Alex needs to complete the turnaround of his companies if they can be sold for the maximum return: if he fails they will be closed down. This text highlights the techniques needed to survive at home and at work.

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Authors: Eliyahu M. Goldratt
Binding: Paperback; 283 pages
Publication Date: 10/24/06
Publisher: North River Press
ISBN: 0884271153
Bookhuddle Average Rating: (4.0)
Amazon.com^® Average Rating: (4.0)

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Number of Reviews: 42, Amazon.com^® Average Rating:

(4.0)

(5) Great Read

Loved reading Alex Rogo's adventures.This book outlines the context in which the ToC Thinking Processes are used. It does not go into any details on the "how-to", but that is not the purpose of the book. The book aims to show that most of what we consider problems may really be the limitation of our own (in)ability to think.Fantastic work again by Dr Eli.

(4) It's not The Goal.

This book is nowhere near it's predecessor 'The Goal', but it's still a very good book. If you've read the previous book this will add to the experience and will give you insight in some new sectors the theory of constraints can be applied to.

It is not hard to read any of the books by Goldratt, as they read like a business novel. However, it will make you think about certain processes like it's the one million dollar one. That's what makes this series good; motivational writing and plain problem solving. Hey, who didn't like puzzles when they were kids?

Liked the first one? Then get this one, as it is the second best of the series.

(4) Great Sequal to The Goal: No Repetition + Lots of New Material

This book truly is a sequal to the goal. In the goal we were introduced the important topic of throughput, inventory and operational expenses. On throuput we learnt how "work" flows through a process, how to manage buffers and when to introduce work into the system. We see how inventory is just held-up cash and why we should try to minimize it within the limits of our constraints. Finally, on operational expenses, we see how cost accounting can really distort the reality and that having excess capacity can actually be a good thing.

In this book the author doesn't just repeat the process at a higher level. Instead we are introduced to new material: the Thinking Process. This is a toolkit for problem solving tools, which make us question our assumptions. These tools are named "Current & Future Reality Trees", "Pre-requisite Tree", "Transition-Tree" and "Negative Branch Reservations". As the story unfolds, our hero is busy applying the Thinking Process in sales in order to generate a leap in profits.

At times, I found the book to be a bit "verbose" in the sense that reading a series of almost repeating if-then statements can be somewhat tedious. But there are some small diagrams that help you follow. All in all, I liked the book but it's an introduction not a manual. Neither this book nor the previous is much more than an introduction to the topic.

For a more in-depth look at the Theory of Constraints and to gain sufficient knowledge to apply it to a business, you would definitely need another book.

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