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The goal analysis
Summary of the the goal book
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Having The Goal assigned to me for Management Class made me cringe. When I saw the cover of the book before ordering it online, I didn’t think it would be an interesting read at all. It was going to be another textbook to sit on my shelf. But man was I wrong. The Goal, written by Eliyahu Goldratt, is very gripping. It is full of managerial information through the life of Alex (the main character and plant manager for his company), and the business he is trying to keep from being shut down. This book applies many different concepts to show the reader how businesses can be ran and managed effectively.
In the beginning of the book, Alex is told by the division-vice president of the company, Peach, that they are planning on shutting down his factory. This is due to a low amount of output and customers being upset over very late shipments from Alex’s branch. Alex decides he is not going down without a fight. He teams up with his old professor, Jonah, and the rest of Alex’s factory supervisors to figure out what needs to be implemented to achieve full productivity and continue to stay in business to their customers.
This book is full of important lessons that can relate to what we have studying thus far in Management class. The first one that I think is relevant is if you don’t have the answer, don’t be afraid to seek out others for suggestions as a manager. Most people in a management position don’t want to others to view them as vulnerable, so they try to work out all problems on their own. I feel like this is a way to not succeed in a leadership position. In The Goal, Alex doesn’t sit around trying to solve the problem of his company lacking in productivity. He gets up and goes to seek out the answer. He uses advice from Jonah, t...
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...l in be more productive and that his plant continued to become better and better at what they discovered. The plant didn’t end up closing in the end. Instead, Alex was promoted to the job position that Mr. Peach had (Division Manager). He is faced with greater goals in taking the new job position. One goal that is very obvious, is to apply what he changed at his old plant to the other two plants he now oversees. With the help of his old team, they come up with a specific plan in bottlenecks to implement at the other two plants.
This book was full of very useful applications to future job positions I will have as a Business Management major. It is also very interesting to see how to be more efficient in a production plant as I have worked in a factory as a temp. I was able to match what I saw and worked on in the factory to things that Alex’s plant struggled with.
I personally found this book to be an excellent read, and while I haven’t read to many business management books. I can feel safe to say that I think this one does an excellent job in conveying key management principals for today’s workplace. It also appealed to me due to my fascination with the way in which our military operates. I believe he did a great job of staying clear of getting too detailed in either is leadership model and military jargon. I would recommend this book to anyone who feels intimidated by management books that read more like a textbook, who want to learn but also enjoy the reading too.
Alexandra is a hard working young lady and will do anything to make her father proud. When the drought and depression struck three years later, Alexandra's determination to keep the farm allows her to persevere. Many families, including Carl Linstrum's, sell their farms and move away. However, Alexandra believes in the promise of the country and staying true to her father's word. She convinces her brothers to re-mortgage their farm and buy more land. She also convinces them to look for more innovative farming techniques.
The Goal by Eliyahu M. Goldratt, is the story of a man who at his crossroads, and what direction he decides to take. The story is about a plant manager named Alex Rogo. We find Alex six months into his first plant managers position at UniCo, in the UniWare Division. The plant is located in Bearington Massachusetts, where Alex grew up. UniCo is definitely a manufacturing plant, what they manufacture, I still do not know. The story begins when Alex's supervisor, Bill Peach, comes into the plant and nearly turns everything upside down. After Alex puts out all of the fires that Bill had set, they sit down in Alex's office and talk. Bill tells Alex that production has gone down in the six months that Alex has been at the helms, and an irate customer, Bucky Burnside, has an order that is fifty-six days overdue, and Alex must get that order shipped before anything else. Bill also says that if the plant does not turn around in the next three months, he will make a recommendation to close the plant. A few days later, Alex hears more of the same at a corporate meeting and figures out why Bill was upset. After the meeting Alex reaches for something and comes across a cigar he received from a chance encounter from and old physicist he knew from his college days. While waiting for in between flights at O'Hare, Alex wandered into an airport and found himself sitting next to the physicist named Jonah who worked on mathematical models while he was an undergraduate engineering student. Alex and Jonah start talking, and Alex mentions he is going to speak at a seminar. His topic is "Robotics: Solution for the 80's to America's Productivity Crisis." Alex tells Jonah that his plant has more robots than any other plant in the division. Jonah is not very impressed. Jonah asks how much productivity has improved because of the use of the robots. Alex answers that there is a 36% improvement in one area. Jonah then asks if the plant is making 36% more money because the plant is using robots? Well, of course not is the response. Just the one department is producing 36% more. Jonah continues the conversation and admits that he has been studying manufacturing processes.
Right from the beginning the reader is clued into the problems that Alex is facing in his plant. It is obvious that the Bearington plant is operating based on expediting, there is no steady process that seems to get orders shipped on time, it based on whichever order has the most visibility. Alex has a background in industrial engineering and has done his best to keep the plant moving with an appropriate flow and keep efficiencies up but it doesn’t seem to be enough. Bill Peach, division manager of UniCo, gives Alex an ultimatum to improve performance at the Bearington plant or it will be shut down. This predicament forces Alex to think about his old physics professor that he recently ran into at the airport, Jonah. Jonah and Alex got into a discussion about the plant and Jonah questioned how successful Alex’s plant truly was. So now that Alex was faced with the plant shut down, he began to think that Jonah knew something that might be able to save the plant.
The atmosphere in Corporate America has progressed toward a higher complexity. The education and skills needed to succeed must be met to rise the corporate ladder. Tess strives to better herself by taking speech class and attending seminars. Tess's knowledge and ambition also gave her the necessary advantage to enter into an esteemed brokerage firm. Here she was left with the desire to reach the top of corporate America(Working Girl). Taking the steps of going to school and acquiring a degree are key to the rise in Corporate America. Josh took a different path to the top. Without proper education, josh relied on his childish ways to succeed. Josh had insight that no one else in corperate America could posses. His creativity led him to design toys that kids liked to play with. Josh knew what the children wanted to play with because he was a customer. Because of his great creativity he was promoted vice president. As vice president in the toy company, josh made valuable contributions to the company.(Big) In both movies, knowledge and skill was key to being successful. Without valuable contributions that both characters made, rising to the top would have taken years.
Bill Peach, he is given an ultimatum to turn the plant around in three months. Due
During the first and second week of class we learned Chapter 1 from our textbook “Management Fundamentals” by Robert Lussier. And during our fourth week of class we read from our second book that we have for the class which is “Simply Managing” by Henry Mintzberg. While reading both of these I have found things that were similar between the two and things that were also different. In this paper I am going to talk about the things that I have found.
Alex Rogo is successful in turning around his plant because he unwittingly, or by design, follows this same ordered thinking process wherein he goes from first defining his fundamental measures and then exploring the effects of different parts of his plant on these measures. He is then able to identify his constraints and effect changes that allow him to maximize his plants performance within the constraint. Later when he finds that his constraint is no longer physical but has become something intangible beyond his plant, he identifies it correctly as a market constraint and tries to improve it by encouraging his sales staff to come up with new orders. And if all this wasn’t enough, Alex has also managed to save his marriage!
From what I haven taken from this book, I have come to a conclusion that with a few steps, you can find a way to make your company productive and meet the overall goal of your company. A clear understanding of what your company’s goal is and to be able to use this goal to understand what being productive means in terms of your company. Knowing the measurements that are needed to reach your goal. The ability to try new experiments and be able to brainstorm and talk together with a dedicated team of researchers that want to reach the goal and wont stop experimenting different processes until the end goal is met.
Management by Objectives is a comprehensive managerial system that involves integration of vital managerial activities in a systematic way towards efficient and effective realization of individual and organizational goals. The strengths of this strategy include clarification of organizational roles and structures, improved management, development of effective controls, and promoting personal commitment. On the contrary, the weaknesses of the strategy include difficulty in setting goals and likelihood of inflexibility. However, it can be used to influence others establishing preliminary objectives at the top, clarifying organizational roles, setting subor...
This book focuses on the premise that in order to become a leader one must start by acting like a leader. An individual must take on the habits of a leader and then start to act like a leader and others will treat them as a leader. This statement contradicts a lot of leadership courses which teach that one must look inside oneself and find the characteristics that they possess to be a leader. Traditionally one must think about their actions, choose their actions and then act to be a leader. This book says that knowingly changing what your actions are and then act. By doing this simple act of changing your habits first and then acting like a leader over time these habits will become second nature. What Ibarra also brings up is that in a constantly changing business environment that in order to be a good manager changes to character are going to need to occur frequently over time. She goes on to say that this may be from situation to situation, you need to be chameleon.
In leadership motivation is essential, and when a leader is invested in the goals of their followers, new heights can be achieved. Another lesson I learned, is the importance of having a mentor. Throughout Randy’s career he was always reaching out to mentors to guide him. In his personnel life, he and his wife were going to a counselor to learn how to better deal with the situation of Randy’s cancer. Even as a leader, there is always someone who you can learn
After the self-assessments from the book, now I know what kind of leader I can be, what are the weakness I need to work on and how I can influence my team and the people outside my work environment. This course has taught me many different type of leadership style and one cannot be an effective leader but just following one specific style. To be an effective leader you need to assess the situation and act according to the situations.
Company goal is to educate us on the many options that will assist us in realizing our full potential and take to action to create the results we desire. From communications to goal setting and time management, we can all become more effective in our work and relationships.
When he was called for factory manager meeting held in the headquarter, he encountered an old physics professor, Jonah in the airport. They had a small chat about how things are not going well in the factory, and Jonah gave Alex an impression of high inventories, and not meeting shipping dates problem and a bit of clues about what the goal is for the company. That is, anything that brings you closer to achieving it is productive and all other things