List price: $15.00 (that's 30% off!)
Used price: $7.25
Collectible price: $10.59
Buy one from zShops for: $6.50
This is a book with a difference from Goldratt. The focus is on getting the concepts straight through illustrations and not in the form of a novel.
The goal of all businesses is to make money in the present as well as in the future. We have measurements like Net Profits, ROI, and Cash Flow to assess bottom line performance. We use the cost concept as a bridge to arrive at these measures. The book challenges the cost concept and looks at using Throughput, Inventory and Operating Expenses as the bridges that will lead us in the right direction. These terms or 'Global Operational Measures" are defined in a way that is different from conventional.
-Throughput - The rate at which the system generates money through sales.
-Inventory- All the money the system invests in purchasing things the system intends to sell.
-Operating Expense- All the money the system spends in turning inventory into throughput.
In order to succeed in the market place, six competitive edge issues are identified - Product (Quality and Engineering), Price (Higher Margins and Lower Investment per unit), Responsiveness (Due-date Performance and Shorter quoted lead-time).
Having defined these measures, the book looks at the critical role of inventory (at all stages). The high inventory syndrome leads to a lower performance in all the competitive edges. The manufacturing system then should get into the mode of "Synchronized Manufacturing". This is a unique combination of concepts like JIT, zero-defect and Drum-Buffer-Rope (DBR) approach. In fact I found that this is the best among all of Goldratt's books to understand the DBR concept. It helps in identifying the Capacity Constraint Resources (CCRs) and balances the entire manufacturing system to towards the globally optimal solution that can achieve our overall goal.
The book contains some interesting exercises at the end to ensue that the concepts are well understood.
A must read for all managers to achieve break through improvements in operations - manufacturing and service. The race is on and is getting hotter than ever. We need to keep pace to remain in this race. The second best may not survive to have another chance.
There is a best way to read this book! Read it this way ...
- Get about 10-20 sheets of paper and a pencil.
- On 5-10 sheets of paper, work the five exercises in the back.
- DO NOT mark on the exercise pages.
- DO NOT check your answers, yet.
- Read the book.
- On 5-10 more sheets of paper, work the exercises, AGAIN.
Yes, do them over, really. Do not let your first try
influence the second attempt.
- DO NOT mark on the exercise pages.
- Check all your answers against the official answers.
- Think about what you learned.
- Share these instructions and The Race with a colleague.
Failing to exploit the exercises makes it too easy to convince yourself that you already knew all that obvious stuff. If you lead or manage an organization, you should get at least four of these quick and easy exercises right on the first try. If you believe what you think you learned during your MBA, you will probably miss most of them the first time through.
No exercise is difficult. Each is a microcosim of a typical business situation. None requires math more complex than arithmetic. None requires special business knowledge. Yet, if you think conventionally without considering the barriers to success, you will miss all five of them.
List price: $15.95 (that's 30% off!)
Used price: $4.49
Buy one from zShops for: $9.50
List price: $12.00 (that's 20% off!)
Used price: $5.87
Buy one from zShops for: $8.13
List price: $12.95 (that's 20% off!)
Used price: $5.50
Buy one from zShops for: $8.95
Used price: $6.50
Collectible price: $13.22
Buy one from zShops for: $32.07
Used price: $2.15
Buy one from zShops for: $2.49
The text ranges from Biblical to contemporary; they are longer than is often the case in similar books - some are memories, some philosophical or theological reflections. The works are selected from individuals such as Robert Sullivan (in Life magazine), Patricia Pfeiffer, Uta Ranke Heinemann, Fr. Robert Bullock, Jaroslav Pelikan, Terrance Simien (zydeco musician). The volume gives short descriptions - just a few words - to identify the authors.
An excellent book for individual devoted to our BVM.
Used price: $4.98
Collectible price: $7.99
What I enjoyed about this book was that the author twisted what we do know to create a great "what if" story. What if Anne Boleyn did this or that? What if Elizabeth I had to do something drastic to protect her position as queen?
Who knows what really happened? Will we ever understand what motivated peoples' behaviour? The fun of it is that we probably ever will!
There are items in this book that a historian could use to make a good argument for as being true, but of course, because the events took place so long ago, there is no way to test their veracity. But supposition is something we historians love to do. Hey, people may not read our journal articles about the truth, but they will read the historical fiction!
Used price: $19.00
Buy one from zShops for: $27.96
This is a book aimed squarely at medical students and it succeeds in providing information in the problem-solving sequential fashion sought by clinical teachers. It's packed with good statistics to trot out, if you remember them, for the "gold standard" answer. An appendix contains tips for passing final examinations (unlike human appendices, which are full of...). I'd recommend the book. It's readable enough to do a couple of chapters a night, and it's portable enough to carry to school with you. It's clear and simplifies what can be an unnecessarily difficult subject. 4 out of 5.
List price: $12.95 (that's 20% off!)
Used price: $7.20
Buy one from zShops for: $9.70