Quotes by Eliyahu M. Goldratt

About Eliyahu M. Goldratt:

Eliyahu Moshe Goldratt was an Israeli physicist who became a business management guru. He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools.
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More importantly, our software worked. I don't just mean that it didn't bump, or that it performed according to the written specifications, or that it was efficient in producing reports. It really worked

Eliyahu M. Goldratt

Well, I don’t. Not absolutely. But adopting "making money’’ as the goal of a manufacturing organization looks like a pretty good assumption. Because, for one thing, there isn’t one item on that list that’s worth a damn if the company isn’...

Eliyahu M. Goldratt

So this is the goal: To make money by increasing net profit, while simultaneously increasing return on investment, and simultaneously increasing cash flow.

Eliyahu M. Goldratt

While they go get the others, I figure out the details. The system I’ve set up is intended to "process’’ matches. It does this by moving a quantity of match sticks out of their box, and through each of the bowls in succession. The dice determin...

Eliyahu M. Goldratt

I write down the three measurements which Lou and I agreed are central to knowing if the company is making money: net profit, ROI and cash flow.

Eliyahu M. Goldratt

Author Bio

  • NameEliyahu M. Goldratt
  • Descriptionisraeli physicist and managaement guru
  • BornMarch 31, 1948
  • DiedJune 11, 2011
  • CountryIsrael
  • ProfessionPhysicist; Economist; Engineer; Author