Goal review

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The Goal Continuous Improvement -Madhur Natalkar -Rajat Trivedi -Shashank Joshi -Siddharth Vyas

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Transcript of Goal review

Page 1: Goal review

The GoalContinuous Improvement

-Madhur Natalkar-Rajat Trivedi-Shashank Joshi-Siddharth Vyas

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This book is an overall framework for various businesses to address these questions:

What to change?Change to what ?How to cause the change?

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Story Characters

Alex Rogo, Plant

Manager

Julie, Rogo’s Wife

Bill Peach, Vice

President

Bob Donovan, Production Manager

Dr.Jonah ex-teacher & physicist

Fran, Alex’s Secretary

Martinez, Union

Steward

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Terms of Productivity

Throughput

Operating ExpensesInventory

Throughput – Is the rate at which the system generates money through “Sales”

Inventory – all the money that the system has invested in purchasing things which it intends to sell.

Operational Expenses – all the money the system spends in order to turn inventory into throughput.

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• Identifying the actual goals.• Managing the change.• Minimizing the statistical fluctuations.• Maintaining a right balance between a

professional and a personal life.• We have bottlenecks around us in the

professional as well as personal life, identify and eliminate them.

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What have we learnt?

If you don’t impact the constraint, you have

no effect

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Thank You