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Necessary But Not Sufficient, by Eliyahu M. Goldratt Carol A. Ptak
Download Ebook Necessary But Not Sufficient, by Eliyahu M. Goldratt Carol A. Ptak
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Product details
Paperback: 231 pages
Publisher: North River Pr; Edition Unstated edition (November 3, 2005)
Language: English
ISBN-10: 9780884271703
ISBN-13: 978-0884271703
ASIN: 0884271706
Product Dimensions:
5.8 x 0.5 x 8.8 inches
Shipping Weight: 13.9 ounces (View shipping rates and policies)
Average Customer Review:
3.8 out of 5 stars
43 customer reviews
Amazon Best Sellers Rank:
#417,047 in Books (See Top 100 in Books)
I think the narrative format originally deployed in The Goal has been overextended here. Once you understand the heavyweight ideas of TOC, you're ready to accept new ideas in a more condensed format, such as in The Race. This book felt like a short commentary on some of the technological implications of TOC, embedded in a rather boring story short on details. I'm also afraid that technology has evolved much faster and farther in the years since publication, with far greater implications than anyone would have guessed. Technology may still be necessary but not sufficient, but increasingly it is changing the rules, not just operating within them.
To say that there's nothing of value here is incorrect. True, it helps to have read The Goal. Not only is an explanation of drum-buffer-rope needed, so is a definition of Murphy. No doubt this alienates the uninitiated, as might the book's meandering plot. However, there are a few ideas here that are pure gold.One such idea is that using technology to add value by increasing capacity only improves net income when overhead is cut. I have personally seen ERP value proposition spreadsheets that haphazardly combine income statement and capacity improvements to arrive at a total "value created" number for the client. Capacity improvements are a means to value creation, not an end. Technology firms that misunderstand this will have problems cost justifying their solutions to their clients. They should read this book.Another golden idea is that technology deployment is only one part of the business improvement process. The other (perhaps more important) part of the process comes from changing the success metrics surrounding the area that deploys the technology. For example, if Tyson pays its plant managers to maximize efficiencies, it's natural that they will increase the chicken supply regardless of expected demand, burning cash in the process. Accordingly, technology driven capacity increases will drive up finished goods inventories unless firms change the way they reward their plant managers.This book has bold implications for CPFR software users. How likely is it that plant managers at the top of the supply-chain will do what's in the best interest of the entire supply-chain if doing so makes them look like they are doing a poor job? Not many. And what if the members of a given supply-chain are different companies, with different lending ratios, stock prices, industry benchmarks, and so on? And whose customer is the end-user anyway? Thought provoking.If anything, the book educates supply-chain students that for every action, there is an equal and opposite reaction. Sure it's fun to think theoretically about supply-chain management, but the real world is a cruel mistress. This book reminds us that if CPFR and ERP were such a great ideas, then there would be no unprofitable vertically integrated companies. Reason enough to buy the book.
Goldratt is over rated, somehow he turned a simple graph theorem in to a management industry.
The Goal set a super high standard, perhaps. This book is a similar story style, but just doesn't convey nearly as much valuable information as The Goal. If you like Goldratt's book, I would say this is a "necessary" read, but its surely "not sufficient."
You can get most of the same material by listening to Beyond The Goal, but I found this to be excellent reinforcement of the ideas and somewhat more detailed. The writing was more hurried than other books by Dr Goldratt. It is still just as effective as the others.
Although fictional, the life cycle of the process of discovering the gap between perceived and actual value was excellent. Highly recommended reading
After reading the "Goal","Its not Luck" and "Critical Chain", this was sort of a let down.This book makes some good points, like on focussing at what isuues the technology should resolve. But there aren't as many thought-provoking or "ah-ha" moments as in the other books.I also felt that there was a lot of unnecessary ToC promotion in this book.All in all, read the other books. Read this one if you have time.
A brilliantly written novel that does, for an entire supply chain, what The Goal did for production. It explains clearly the need for a holistic approach that embraces the I.T. function. The book has an excellent example of how addressing a constraint in one area (production) unavoidably leads to disaster in the distribution channel.This book gives I.T. professionals and anyone wondering about the value of their computer systems an incredible business education in a fast-paced 4 hour read. Not only does it do a brilliant job of explaining the problems, but it even gives tangible solutions.
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