by Eli Goldratt
5*/10
Key Ideas:
To optimize a system:
- Focus on the bottleneck: the resource which is limiting the output of the system (there’s usually 1 at a time, might be more if there is variability)
- Increase bottleneck capacity, or take some of the load off the bottlenecks and give it to non-bottlenecks
- This will move the “bottleneck” to another part of the system, so start again the previous process
Other notes:
The Goal: Increase throughput while simultaneously reducing both inventory and operating expense.
If your whole plant earns $1,000 an hour, then an hour lost on the bottleneck is $1,000 lost.
Thoughts on the book:
*Life changing idea, but didn’t need to be a full book. It is written as a novel, which makes it somewhat entertaining and memorable, if that’s your kind of thing.
Longer summary/notes: NE
You may also enjoy: 80/20 principle, High output management, The e-myth revisited, 4 hour work week
INTJ 