1. Quotes
  2. Authors
  3. Eliyahu M. Goldratt

Eliyahu M. Goldratt Quotes

Eliyahu Moshe Goldratt was an Israeli business management guru. He was the originator of the Optimized Production Technique, the Theory of Constraints , the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management and other TOC derived tools.

He was the author of several business novels and non-fiction works, mainly on the application of the theory of constraints to various manufacturing, engineering, and other business processes.

The processes are typically modeled as resource flows, the constraints typically represent limits on flows. In his book The Goal, the protagonist is a manager in charge of a troubled manufacturing operation. At any point in time, one particular constraint limits total system throughput, and when the constraint is resolved, another constraint becomes the critical one. The plot of Goldratt's stories revolve around identifying the current limiting constraint and raising it, which is followed by finding out which is the next limiting constraint. Another common theme is that the system being analyzed has excess capacity at a number of non-critical points, which, contrary to conventional wisdom, is absolutely essential to ensure constant operation of the constrained resource. Wikipedia  

✵ 31. March 1947 – 11. June 2011

Works

Critical Chain
Critical Chain
Eliyahu M. Goldratt
Eliyahu M. Goldratt: 10   quotes 1   like

Famous Eliyahu M. Goldratt Quotes

“I smile and start to count on my fingers: One, people are good. Two, every conflict can be removed. Three, every situation, no matter how complex it initially looks, is exceedingly simple. Four, every situation can be substantially improved; even the sky is not the limit. Five, every person can reach a full life. Six, there is always a win / win solution. Shall I continue to count?”

Eliyahu M. Goldratt

Goldratt, E. M. (2008). The Choice https://en.wikipedia.org/wiki/The_Choice_(philosophy_book) North River Press. p. 157

“My system does not make sense at all, but by God it’s working.”

Eliyahu M. Goldratt

Goldratt, E. M. (1990). What is this thing called theory of constraints and how should it be implemented? New York: North River Press. p. 28

“[Operating expense is defined as] all the money the system spends in turning inventory into throughput.”

Eliyahu M. Goldratt

Source: The Haystack Syndrome (1990), p. 29; as cited by: Gerald P. Marquis (2011, p. 10)

“[Throughput is the] rate at which the system generates money through sales.”

Eliyahu M. Goldratt

Source: The Haystack Syndrome (1990), p. 19; as cited by: Gerald P. Marquis (2011) A Framework for Propagating Measures of Performance Throughout Organizations Using Object-oriented Technology., p. 10

“There are three measurements which express the goal of making money perfectly well, but which also permit you to develop operational rules for running your plant. Their names are throughput, inventory and operational expense.”

Eliyahu M. Goldratt

Source: The goal: a process of ongoing improvement (1984), p. 60

“Fundamentally, a manager is looking to answer these questions: ‘what to change?’,’ what to change to?’ and ‘ how to cause the change?”

Eliyahu M. Goldratt

The goal: a process of ongoing improvement (1984)

“Tell me how you measure me, and I will tell you how I will behave.”

Eliyahu M. Goldratt

Source: The Haystack Syndrome (1990), p. 26

Eliyahu M. Goldratt Quotes about money

“Companies are so immersed in the mentality of saving money that they forget that the whole intention of a project is not to save money but to make money.”

Eliyahu M. Goldratt book Critical Chain

Critical Chain (1997)

“[Inventory is measured by] the money the system invests in purchasing things the system intends to sell.”

Eliyahu M. Goldratt

Source: The Haystack Syndrome (1990), p. 23; as cited by: Gerald P. Marquis (2011, p. 10)

“If the goal is to make money, then (putting it in terms Jonah might have used), an action that moves us toward making money is productive. And an action that takes away from making money is non-productive.”

Eliyahu M. Goldratt

Source: The goal: a process of ongoing improvement (1984), p. 41

Similar authors

David Grossman photo
David Grossman 1
Israeli author
Sathya Sai Baba photo
Sathya Sai Baba 33
Indian guru
Paramahansa Yogananda photo
Paramahansa Yogananda 65
Yogi, a guru of Kriya Yoga and founder of Self-Realization …
Amos Oz photo
Amos Oz 12
Israeli writer, novelist, journalist and intellectual
A.C. Bhaktivedanta Swami Prabhupada photo
Bill Shankly photo
Bill Shankly 5
Scottish footballer and manager
Clinton Davisson photo
Clinton Davisson 1
physicist
Samuel C. C. Ting photo
Samuel C. C. Ting 1
physicist
Frits Zernike photo
Frits Zernike 1
Dutch physicist
Max Planck photo
Max Planck 30
German theoretical physicist