Unlocking Throughput & Flow, from the book "The Goal" written by Eliyahu Goldratt In this video, I'm diving deep into the goldmine of insights from Eliyahu Goldratt's "The Goal." We'll explore powerful concepts like Throughput (the money your system generates), Bottlenecks (the weak link slowing you down), and the magic of Flow (getting things done efficiently). Discover how to: Measure what truly matters: I'll explain the difference between inventory (money tied up in stuff) and Throughput (money coming in). Identify your bottleneck: Find the slowest link in your chain and optimize for it, not local efficiencies. Master the art of Flow: I'll show you how to reduce batch sizes, minimize wait times, and keep things moving smoothly. Implement powerful tools: I'll delve into Kanban systems and Drum-Buffer-Rope (DBR) to improve flow and prevent overproduction. #eliyahu goldratt, # the goal eliyahu goldratt, # business book summary, # business book review, # productivity tips, # bottleneck theory, # throughput accounting, # kanban system, # drum buffer rope, # business efficiency, # business growth, # throughput, # inventory management, # operational expenses, # dependent events, # statistical fluctuations, # batch size reduction, # lead time reduction, # theory of constraints, entrepreneurship, # small business, # manufacturing, # operations management, # project management, # supply chain management
Unlocking Throughput & Flow, from the book "The Goal" written by Eliyahu Goldratt
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Excellent points on keeping the true goal in mind and optimizing the process as a whole instead of trying to create local efficiencies. Thanks for sharing, Shantanu!
Thanks Shantanu Baruah I can correlate most of the lessons.. thanks for sharing to keep our goals intact, path towards prioritization and cost optimization.. way to start !
Very helpful!
Senior VP & Global Sales Head @ Coforge | Selling to Executives, Digital Transformation
2moExcellent articulation of the crux of this complex book in simple, layman terms in 10 mins. Looking forward to many more !