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Word Count: 365
This book teaches you the ideas and knowledge for a radical business theory called the Theory of Constraints This is a method to improve production processes The reading is entertaining because it is written as a novel It tells the story of a plant manager who has to improve his business in a limited time If he fails the plant will shutdownThe premise is that Alex a factory manager is given an ultimatum -- dramatically improve the performance of his factory in three months or the facility will be shut down Believing that traditional improvement strategies will never make enough difference in such a short time Alex must resort to more desperate measures He tracks down an old professor now working as a consultant and begs for advice The advice of this consultant Jonah sets Alex and his team on a journey Instead of just giving them the answers Jonah asks them questions and refuses to give more help until each question has been answeredSome of the lessons of the book include the following When you are productive you are accomplishing something in terms of your goals Every action that brings a company closer to its goal is productive The goal of a manufacturing organization is to make money Because of variability a factory cannot be run at 100 of capacity Or as Jonah says the closer you come to a balanced plant the closer you come to bankruptcy One of the biggest problems in improving your factory is collecting the right data Alex eventually concludes that were going to have to accept the fact that were not going to have perfect data to work with An hour lost at the bottleneck is an hour lost for the entire system The actual cost of a bottleneck is the total expense of the system divided by the number of hours the bottleneck produces This suggests managing bottlenecks very closely This idea has spawned numerous consulting and
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