Business development and projects have fascinated me since my studies and my first experiences in companies. Time and again, I think I have understood what it's really all about... and shortly thereafter, completely new insights emerge that challenge previously perceived assumptions and thus enable leaps in performance. This is sometimes exhausting, but I wouldn't want to miss this path of development! Today I help management teams to improve their business results quickly and sustainably by guiding them to question assumptions, find new perspectives and thereby enable performance leaps.
Projects can go over budget, exceed deadlines, or deliver compromised quality and scope. This results in economic damage for companies and their clients. The difficulties arise at source. Established measurements and management methods slow down projects by creating conflicts in operations and decision-making.
A radically new approach is needed; one that features simple, constraint-oriented management; clear, robust priorities; company-wide rather than locally focused optimization; a focus on speed, on ProjectsFlow. Discover how you can: complete more projects with the same number of resources; reliably deliver all projects; significantly shorten project lead times.
When I read this book, it was like an epiphany. Suddenly, I understood what—beyond all the doctrines and pub talk—actually slows down projects and thus impairs the economic performance of companies. It is our own management mechanisms and beliefs about how we think we can get a grip on projects. Shortly after reading this novel, we were able to perform nothing short of miracles in a technology company I was working for at the time: Halving project times, doubling productivity. You have to have witnessed that to really believe it... Read this book!
This fast-paced business novel does for project management what The Goal and It's Not Luck have done for production and marketing. Goldratt's novels have traditionally slain sacred cows and delivered new ways of looking at processes which seem like common sense once you read them. Critical Chain is no exception. In perhaps Eli's most readable book yet, two of the established principles of project management, the engineering estimate and project milestones, are found wanting and dismissed, and other established principles are up for scrutiny - as Goldratt once more applies his Theory of Constraints. The approach is radical, yet clear,…
Of course, when I started to apply the insights from "Critical Chain" over and over again in different companies, not everything always went smoothly. That was frustrating—for me and the people I worked with. Every company—or rather, every business—has its own idiosyncrasies. Understanding that and being able to take it into account when accelerating an entire project portfolio was crucial. Reading Reaching the Goal helped me a lot in this. Ricketts writes from his many years of experience at IBM.
"There is no doubt that this is a truly original and groundbreaking work in applying the Theory of Constraints. I run a services company and learned some things about the services business. Anyone involved in large services companies needs to look at what John is proposing. I will definitely quote this material frequently."
ChadSmith, Managing Partner, Constraints Management Group
"The information presented in this book is badly needed by service providers who struggle to balance supply and demand with their resources."
Carol A. Ptak, CFPIM, CIRM
"The techniques that John brings to light in this book are the bridge from…
Accelerating projects and completing more projects per year is existential for almost every company. The economic and financial leverage is enormous if, for example, 20% or 50% more projects can be completed per year—without significantly increasing operating costs. Nevertheless, it has happened time and again that there were so many construction sites in the company that it was not at all clear why accelerating the project portfolio should be given the highest priority. Kotter's book provided me with key insights that my colleagues and I were able to implement immediately. With success!
Most organizational change initiatives fail spectacularly (at worst) or deliver lukewarm results (at best). In his international bestseller Leading Change, John Kotter revealed why change is so hard, and provided an actionable, eight-step process for implementing successful transformations. The book became the change bible for managers worldwide. Now, in A Sense of Urgency, Kotter shines the spotlight on the crucial first step in his framework: creating a sense of urgency by getting people to actually see and feel the need for change. Why focus on urgency? Without it, any change effort is doomed. Kotter reveals the insidious nature of complacency…
Everyone realizes that the economic leverage from "doing the right projects" can be even greater than "doing the projects faster." Only how should the selection be made sensibly? In addition: If we want to work flow and be bottleneck-oriented, we always come up against the limits of the usual key figures and target world in companies, e.g. the paradigm "everyone must be busy all the time." With Throughput Economics I finally had the tools at my disposal to be able to work on both questions in a target-oriented way with a management team. I am very grateful to the authors!
"Schragenheim, Camp and Surace, three leaders of TOC community, are tackling one of value destroyers of corporations-the misuse and abuse of traditional cost accounting. This book develops a practical methodology for better decision making by looking at the impact of certain types of decisions on a company's bottom line. This well-defined methodology allows mid-managers, higher level managers and financial staff to create real value by concentrating on what truly matters." Boaz Ronen, Professor Emeritus, Coller School of Management, Tel Aviv University, Tel Aviv, Israel
"Throughput Economics is a must read for entrepreneurs and managers who want to make their organizations…
I have been waiting for this book, published in 2023, since Eli Goldratt published Critical Chain. It describes very clearly in the form of a novel not only how an extraordinarily effective multi-project organization works, but also how a traditionally managed organization can transform itself very quickly and sustainably into a highly productive enterprise. In each chapter, I recognized myself in the challenges that I face again and again. Thank you, Efrat, for this profound yet easy-to-read book!
Marc Wilson is not giving up. He is determined to turn around the struggling family company and keep it, despite his father’s decision to sell. The problem is that they are late on more and more projects and their customers won’t tolerate it anymore. Marc is looking everywhere for a solution, when in one of his MBA classes he comes across a unique approach that views operations in terms of flow.
The concept of flow is straightforward. It’s easy to visualize the stream of projects going through the system and understand that if something clogs the flow, the projects pile…
My core value is realistic education—learning from each other’s errors and successes, but with full awareness of the difference between the determined past and the uncertain future. We can benefit from uncertainty, which I’ve been doing for a living as an engineer, academic researcher, and inventor. I make use of knowledge and science as much as possible, but I also know that strategic decisions for the uncertain future require skepticism and thinking to deal with the differences in a new circumstance. With my core value, I am passionate about sharing insights and knowledge that our formal education does not provide.
Everything in nature evolves by trial, error, and success—from fundamental physics, through evolution in biology, to how people learn, think, and decide.
This book presents a way of thinking and realistic knowledge that our formal education shuns. Stepping beyond this ignorance, the book shows how to deal with and even benefit from uncertainty by skeptical thinking, strategic decisions, and teamwork based on enlightened self-interests.
This bottom-up thinking is thought-provoking for leaders who wish to build teams rather than herds. The insights in the book will help you to be better prepared for the unexpected, less likely to conform when you…
Trial, Error, and Success: 10 Insights into Realistic Knowledge, Thinking, and Emotional Intelligence
Everything in nature evolves by trial, error, and success. They didn't teach you this in school, even though you should know why the rigid laws of physics don't rule nature and don't inhibit your free-will decisions to try, fail, and succeed. As a guide to success, this book shows how skepticism, prudent use of science, and thinking lead to strategic decisions for the uncertain future.
Presenting real-life examples, the thinking in the book combines sharp analyses with broad analogies to show:
How to identify realistic knowledge and avoid harm due to overgeneralized concepts.
How to create new knowledge and solve…
