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Necessary But Not Sufficient: A Theory Of Constraints Business Novel

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After reading the newspapers and following the sharp oscillations of the stock market, it becomes apparent that hi-tech companies are of a different breed. Never before have the chances of making a fortune been so realistic and never before have large companies been so fragile. What is really going on inside these hi-tech companies? What types of pressures and challenges a After reading the newspapers and following the sharp oscillations of the stock market, it becomes apparent that hi-tech companies are of a different breed. Never before have the chances of making a fortune been so realistic and never before have large companies been so fragile. What is really going on inside these hi-tech companies? What types of pressures and challenges are they facing? And how do they cope? Computer software providers, especially the ones that specialise in handling the data needs of organizations, are prime examples of these volatile companies. In the nineties we witnessed their growth from small businesses into multi-billion dollar giants. No wonder investors were attracted. In 1998 it was easy for such companies to raise as much money as they wanted. But now, investment funds have dried up. Why? And more importantly, is there a way to reverse the trend? This book gives the answers.


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After reading the newspapers and following the sharp oscillations of the stock market, it becomes apparent that hi-tech companies are of a different breed. Never before have the chances of making a fortune been so realistic and never before have large companies been so fragile. What is really going on inside these hi-tech companies? What types of pressures and challenges a After reading the newspapers and following the sharp oscillations of the stock market, it becomes apparent that hi-tech companies are of a different breed. Never before have the chances of making a fortune been so realistic and never before have large companies been so fragile. What is really going on inside these hi-tech companies? What types of pressures and challenges are they facing? And how do they cope? Computer software providers, especially the ones that specialise in handling the data needs of organizations, are prime examples of these volatile companies. In the nineties we witnessed their growth from small businesses into multi-billion dollar giants. No wonder investors were attracted. In 1998 it was easy for such companies to raise as much money as they wanted. But now, investment funds have dried up. Why? And more importantly, is there a way to reverse the trend? This book gives the answers.

30 review for Necessary But Not Sufficient: A Theory Of Constraints Business Novel

  1. 5 out of 5

    Rob

    An excellent storyline and progressive learning of the implementation and subsequent TOC models to incorporate for maximizing the Throughput improvement. My thoughts on the most helpful reading order: The Goal It's Not Luck Isn't It Obvious Necessary But Not Sufficient Critical Chain An excellent storyline and progressive learning of the implementation and subsequent TOC models to incorporate for maximizing the Throughput improvement. My thoughts on the most helpful reading order: The Goal It's Not Luck Isn't It Obvious Necessary But Not Sufficient Critical Chain

  2. 4 out of 5

    Leif Almberg

    Goldratt delivers as always! Amazing as always from Goldratt! A great follow up from the Goal, isn’t it obvious and It’s Not Luck. Even though it is a bit old, still a lot to learn.

  3. 4 out of 5

    Janani

    BGSoft, a software company, has been having stunning growth for the last few quarters. But this is nothing special - this is the kind of growth that everyone expects from their industry. The leadership team of BGSoft feels they've hit a wall and captured all the market share they can. To make matters worse, one of their largest clients and most touted success stories can't see any benefits to their software. BGSoft's leadership uses the principles of TOC to get out of this dilemma. At least I as BGSoft, a software company, has been having stunning growth for the last few quarters. But this is nothing special - this is the kind of growth that everyone expects from their industry. The leadership team of BGSoft feels they've hit a wall and captured all the market share they can. To make matters worse, one of their largest clients and most touted success stories can't see any benefits to their software. BGSoft's leadership uses the principles of TOC to get out of this dilemma. At least I assume they do - it's not explained clearly how they apply it. This one spoke a lot about the benefits of TOC without actually deepdiving into what they are. Also, there were too many characters and not enough to distinguish each one from the other. Add to this their two dimensional nature and the frequent jumping from one POV to another, the book became tiresome. To make matters worse, the entire work is written in present tense. I'm reaching a saturation point with Goldratt's novels. Will read something else and come back to Goldratt.

  4. 5 out of 5

    Jack Vinson

    August 2017: https://www.jackvinson.com/blog/2017/... May 2008: https://www.jackvinson.com/blog/2008/... December 2000: This is a "TOC Business Novel," which means that it tells a story in order to describe the ideas of Theory of Constraints. In this case, the story centers around an ERP company, but that is not the focus of the thoughts. The focus is how TOC can bring benefit in any organization that has a workflow: production, distribution, engineering, software design, etc. The very interesting August 2017: https://www.jackvinson.com/blog/2017/... May 2008: https://www.jackvinson.com/blog/2008/... December 2000: This is a "TOC Business Novel," which means that it tells a story in order to describe the ideas of Theory of Constraints. In this case, the story centers around an ERP company, but that is not the focus of the thoughts. The focus is how TOC can bring benefit in any organization that has a workflow: production, distribution, engineering, software design, etc. The very interesting thing was that the book gave nice examples of how improving the capacity (via TOC) of one work process was not necessarily beneficial to the whole entity. For example, a great improvement in production capacity could have disastrous effects on a distribution system that operates by the old rules that expect low capacity and slow turnover in production. This may be obvious to say, but in an organization with thousands of people and a well-established business practice, this becomes quite difficult.  The central point of the book is that technology alone cannot "diminish limitations." The authors hammer home the idea that any work process has been developed to account for the capacity of a system. If the capacity of the system changes, but the work process remains the same, then the overall capacity/efficiency will not change by much. Technology is a necessary part of the equation; it gives companies the ability to increase capacity. But it is not sufficient by itself to have the technology. One must change the rules to take advantage of this new capability.  This book attempts to apply TOC to a holonomy of work processes. TOC can improve production, but then that affects distribution. And what about up-front design? TOC can help there too (this is vaguely where PCRP fits), but sales, production and distribution must be able to handle this. And then there is the ever-popular business-to-business view of ERP that wraps up the book: if only one member of the supply chain applies TOC, the entire supply chain is not affected unless it changes its rules. This is what Dell, Wal-Mart and many others have done: the supply chain knows when a sale is made and reacts to fill stock to appropriate levels. No one in the supply chain gets paid until an actual sale is made. This is a big change from getting paid when one point of the supply chain hands off the product to the next.  The book doesn't specifically prescribe a mechanism for implementing these ideas. Instead, the authors tell the story of how businesses might go about doing this. The story has TOC consultants, software vendors, and the manufacturers working together in order to implement the TOC philosophy along with the software that will enable the philosophy. 

  5. 5 out of 5

    Alistair MacDonald

    While this book was not as gripping as The Goal, it faithfully covers others aspects of The Theory of Constraints that I had pondered after reading other Goldratt books. It was nice to read a TOC novel set in the world of software development, as this is how I am employed. The stance of the book on the value of software is that "software is necessary but not sufficient", Ie: software is a necessary evil. I think this is an accurate view of software: it's valueless without the ability to reprogra While this book was not as gripping as The Goal, it faithfully covers others aspects of The Theory of Constraints that I had pondered after reading other Goldratt books. It was nice to read a TOC novel set in the world of software development, as this is how I am employed. The stance of the book on the value of software is that "software is necessary but not sufficient", Ie: software is a necessary evil. I think this is an accurate view of software: it's valueless without the ability to reprogram humans to use it correctly. The book applies this concept to change in general; Ie: providing a systems approach to fixing a human problem is only half of the solution, you also have to change the mindset of the users so they are able to buy in to the paradigm shift that the system enforces. There is a hidden world of beauty among all of this, which is that the original meaning of the word "software", was "people to run the hardware" (prior to hardware having the ability to operate on procedural instructions from memory). So, "we need the software", but "we can't expect results without also changing the users". As usual the Goldratt books are as fascinating, energizing and inspire the application of critical systems thinking to solve the problems inherent in the whole network, not just the silos that form around individual concerns.

  6. 5 out of 5

    Kaido

    I started to read this book with create enthusiasm. The described problem at the beginning was the same as any programmer has had in some period. Systems got big and new code was even more and more difficult to implement. I was hoping to get some good answer, what to do in such situations but ... unfortunately, this problem was not solved. They organised a bit their work and implemented some new theories but didn't get the answer, how to breake down and simplify mammoth IT systems. I started to read this book with create enthusiasm. The described problem at the beginning was the same as any programmer has had in some period. Systems got big and new code was even more and more difficult to implement. I was hoping to get some good answer, what to do in such situations but ... unfortunately, this problem was not solved. They organised a bit their work and implemented some new theories but didn't get the answer, how to breake down and simplify mammoth IT systems.

  7. 5 out of 5

    Moronke Dafiaga

    I think this book is an eye opener. It doesn't just talk about TOC(Theory of Constraint) But it also sheds more light on the bottom line value of a product i.e how does it affect financials at the end of the day. I think this book is an eye opener. It doesn't just talk about TOC(Theory of Constraint) But it also sheds more light on the bottom line value of a product i.e how does it affect financials at the end of the day.

  8. 5 out of 5

    Kaustubh

    The book is an amazing insight into what wonders TOC can potentially do mainly to the bottom line of an organization. It purposefully advocates TOC. The tagline says that it is a TOC Business novel for IT, but it mostly discusses a large case at Pierco which is not an IT but a production company. It then weaves these problems into the ERP company's working (which is an IT company). Although significant efforts have been taken to write this as a novel, it is not flawless. At times the conversation The book is an amazing insight into what wonders TOC can potentially do mainly to the bottom line of an organization. It purposefully advocates TOC. The tagline says that it is a TOC Business novel for IT, but it mostly discusses a large case at Pierco which is not an IT but a production company. It then weaves these problems into the ERP company's working (which is an IT company). Although significant efforts have been taken to write this as a novel, it is not flawless. At times the conversations get boring and too theoretical. However, this book gives you several "wow moments" and that's what makes it enjoyable. Must read for everyone who is somewhat related to supply chains, or TOC or rather any business arm of an organization.

  9. 5 out of 5

    Ramaswamy

    Being an ERP Consultant, I read this book with interest. I was able to identify with the challenges discussed. I learned a lot, especially about how ERP can add value to a customer. I also learned about some of the matrices that I can use to evaluate the RoI from an ERP Investment. You can check out my review of the book in my blog. https://erp-consultancy.blogspot.com/... Being an ERP Consultant, I read this book with interest. I was able to identify with the challenges discussed. I learned a lot, especially about how ERP can add value to a customer. I also learned about some of the matrices that I can use to evaluate the RoI from an ERP Investment. You can check out my review of the book in my blog. https://erp-consultancy.blogspot.com/...

  10. 5 out of 5

    Tamp_kh

    This review has been hidden because it contains spoilers. To view it, click here. Возможно, это была попытка взглянуть на разработанную теорию со стороны. Причём с той стороны, которая и должна быть независимой и использовать "ТоС" извне - интеграторов и консультантов. БОльший взгляд на элемент рынка, чем в предыдущих книгах, правда, нельзя сказать, что это как-то серьёзно повлияло на суть. Возможно, это была попытка взглянуть на разработанную теорию со стороны. Причём с той стороны, которая и должна быть независимой и использовать "ТоС" извне - интеграторов и консультантов. БОльший взгляд на элемент рынка, чем в предыдущих книгах, правда, нельзя сказать, что это как-то серьёзно повлияло на суть.

  11. 4 out of 5

    VISHAL

    A good read for folks in Manufacturing & operations Well written "business novel" that touches upon all the practical and real problems and how TOC can help overcome them. Technology is necessary but not sufficient. A good read for folks in Manufacturing & operations Well written "business novel" that touches upon all the practical and real problems and how TOC can help overcome them. Technology is necessary but not sufficient.

  12. 5 out of 5

    Frosty

    This is a master piece!! Especially when you are introducing an innovative product. I found it useful in my company and our products. Currently reading the goal by Eliyahu too. You should read this book

  13. 4 out of 5

    Ciprian Dobre-Trifan

    Goldratt never disappoints! Even when it comes to Software. Value based fees, in the form of customer value driven software and SaaS, software as a service, are elegantly and undeniably exposed as common sense in the traditional stunning style of dr Goldratt.

  14. 5 out of 5

    Toshihiro

    Here another management-fantasy! Just fun to read. A success story, or fantasy, with T.O.C. The story ends with currently very common solution. Was it there at the time the book was written?

  15. 4 out of 5

    Pranav Mahajan

    Must read

  16. 4 out of 5

    Chris Reilly

    Thought provoking. Makes me think how I can bring my clients more money, even though that's not "my job" per se. I need to research the drum buffer rope concept. Thought provoking. Makes me think how I can bring my clients more money, even though that's not "my job" per se. I need to research the drum buffer rope concept.

  17. 5 out of 5

    AISilverB

    It was a random read but it has delivered great value to my outlook on problem solving!

  18. 5 out of 5

    Albert

    A book that features TOC, but isn't really about it, like The Goal A book that features TOC, but isn't really about it, like The Goal

  19. 5 out of 5

    Tony Grimm

    Very good. I loved reading how TOC can relate in the software industry.

  20. 4 out of 5

    Joe

    Very engaging narrative including a few useful new learnings about TOC. A must read for the true believers. For all others, focus on The Goal and Critical Chain.

  21. 4 out of 5

    Joseph

    TOC in disruptive technology.

  22. 4 out of 5

    Darius Daruvalla-riccio

    Another great book by Dr Goldratt. This story follows the perspective of a software provider that is reaching market saturation. As the company learns how to improve their offering, the book teaches the lessons of: -DBR production through IT systems -TOC Replenishment and supply chain management -delivering bottom line value as a sales strategy rather than deliverig technology for the sake of technology

  23. 4 out of 5

    Tiago

    A few insights, but otherwise superfluous I think the narrative format originally deployed in The Goal has been overextended here. Once you understand the heavyweight ideas of TOC, you're ready to accept new ideas in a more condensed format, such as in The Race. This book felt like a short commentary on some of the technological implications of TOC, embedded in a rather boring story short on details. I'm also afraid that technology has evolved much faster and farther in the years since publicatio A few insights, but otherwise superfluous I think the narrative format originally deployed in The Goal has been overextended here. Once you understand the heavyweight ideas of TOC, you're ready to accept new ideas in a more condensed format, such as in The Race. This book felt like a short commentary on some of the technological implications of TOC, embedded in a rather boring story short on details. I'm also afraid that technology has evolved much faster and farther in the years since publication, with far greater implications than anyone would have guessed. Technology may still be necessary but not sufficient, but increasingly it is changing the rules, not just operating within them.

  24. 5 out of 5

    Dennis

    It was easy to read but I somehow didn't get it. Maybe I should have read The Goal: A Process of Ongoing Improvement first? I'll probably try that one someday. It was easy to read but I somehow didn't get it. Maybe I should have read The Goal: A Process of Ongoing Improvement first? I'll probably try that one someday.

  25. 5 out of 5

    Philip

    I half read this about 5 years ago. Its a book I've been meaning to read again as I think I'd appreciate it more. Its a fiction novel dealing with business theory - so different from the usual "business manual" So entertaining as well as having a business message I half read this about 5 years ago. Its a book I've been meaning to read again as I think I'd appreciate it more. Its a fiction novel dealing with business theory - so different from the usual "business manual" So entertaining as well as having a business message

  26. 4 out of 5

    Oleg Shestopalov

    Случай - не единственный у автора.- когда литературные несовершенства не замечаются благодаря напряженности и смысловой нагруженности книги.

  27. 5 out of 5

    Aurimas Mikalauskas

    Good book, although I read it right after The Goal which I think was a bad idea - I should have read "It's not luck" first. Good book, although I read it right after The Goal which I think was a bad idea - I should have read "It's not luck" first.

  28. 5 out of 5

    Roopesh Goyal

    A well written book on theory of constraints. It is written as a story, with insights interspersed throughout the book on the practicalities and how to overcome the issues.

  29. 5 out of 5

    Jeffrey Gill

  30. 4 out of 5

    Agenor

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