goal review

Post on 12-Jan-2015

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The GoalContinuous Improvement

-Madhur Natalkar-Rajat Trivedi-Shashank Joshi-Siddharth Vyas

This book is an overall framework for various businesses to address these questions:

What to change?Change to what ?How to cause the change?

Story Characters

Alex Rogo, Plant

Manager

Julie, Rogo’s Wife

Bill Peach, Vice

President

Bob Donovan, Production Manager

Dr.Jonah ex-teacher & physicist

Fran, Alex’s Secretary

Martinez, Union

Steward

Terms of Productivity

Throughput

Operating ExpensesInventory

Throughput – Is the rate at which the system generates money through “Sales”

Inventory – all the money that the system has invested in purchasing things which it intends to sell.

Operational Expenses – all the money the system spends in order to turn inventory into throughput.

• Identifying the actual goals.• Managing the change.• Minimizing the statistical fluctuations.• Maintaining a right balance between a

professional and a personal life.• We have bottlenecks around us in the

professional as well as personal life, identify and eliminate them.

What have we learnt?

If you don’t impact the constraint, you have

no effect

Thank You

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