Eliyahu M. Goldratt: Measurement

Eliyahu M. Goldratt was Israeli physicist and management guru. Explore interesting quotes on measurement.

Eliyahu M. Goldratt: 20 quotes1 like

“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

“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

“[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)