Rudolph G Burkhard commends the management thinker and writer Eli Goldratt and urges corporate leaders to focus on the small number of issues which are likely to be frustrating the growth of shareholder value.
Editor’s Note: examines Goldratt’s five focusing steps and four different types of constraint; also offers a nice criticism of the following concepts:
– Management by objectives
– Full absorption costing
– Using resources efficiently
Author: Rudolf G Burkhard
Source: European Business Forum (EBF)