Book Review: Blue Ocean Strategy
Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant by W. Chan Kim and Renee Mauborgne This review will focus on pointing out those things that are consistent with Theory of Constraints (TOC) and my opinions from those...What Is Theory Of Constraints (TOC)
The Theory of Constraints (TOC) is a management philosophy developed by Dr. Eliyahu Goldratt. The theory states that every system has a constraint, or limiting factor, that determines the maximum rate at which the system can produce output. The objective is to...Throughput Accounting
What is Throughput Accounting? Throughput Accounting Definition Throughput Accounting is the Theory of Constraints method of accounting which does NOT allocate costs but instead places emphasis on increasing Throughput. Throughput Accounting reflects the operating...Eliyahu Goldratt
Dr Eliyahu M Goldratt, 1947 – 2011 Eliyahu Goldratt (Eliyahu M Goldratt, Eli Goldratt) is an Israeli physicist, educator, author, scientist, philosopher, and business leader. But he is, first and foremost, a thinker who provokes others to think. Often characterized...
Archimedes
