Continue reading with Headway app
Continue reading
Summary of The Goal
Short summary
The Goal, a masterfully crafted business novel by Eliyahu M. Goldratt, exposes readers to the world of constraints in the manufacturing process using a well-framed fictional example with which they can readily relate. Eliyahu M. Goldratt was a teacher, author, physicist, philosopher, and business chief. Co-author Jeff Cox is a decorated author of seven business books, many of which are bestsellers. He has also authored several books on gardening.
As managers struggle with finding the proper techniques to apply to break even, Eliyahu Goldratt has a solution in this educative and captivating piece of literature. He outlines what causes businesses to experience hard times and how to handle them when they arise. The goal of management is to maximize profit while ensuring the resources are saved. If you want to be a good manager, this is the tidbit for you.
"So, this is the goal: To make money by increasing net profit, while simultaneously increasing return on investment, and simultaneously increasing cash flow." ~ Eliyahu Goldratt
14 min
8 key points
11 insights
Table of content
- Summary of The Goal
- About the author
- What is The Goal about?
- Who should read The Goal
- Topics in The Goal
first key point
The art of management: an in–depth look into the machinations of management
Listen the first key point
00:00
00:00
Management describes planning, organizing, leading, motivating, and controlling the resources of an organization to reach its goals efficiently and effectively. It entails the careful orchestration of the many parts of an organization to achieve an endpoint.
Management ensures all the working parts of an organization are geared towards success and profit.
Management isn't only applicable in firms or corporations; it is essential in just about every organization. There are examples of organizations in every sphere of life. Organization refers to a collection of people who are involved in pursuing defined objectives. It can also be referred to as the second most crucial managerial function that coordinates employees' work, procures resources, and combines the two to pursue the company's goals.
A manager must devise workable strategies that will maximize output and profit.
A manager is an individual that is responsible for the supervision and motivation of a firm’s employees. They are also in charge of directing the running and progress of an organization. A good manager makes it his duty to adequately handle the organization's affairs to maximize output and profit at the same time. If a manager cannot properly “manage” his resources: human, financial, etc., he is sure to fail and will get replaced.
Some managers struggle with finding the proper techniques to apply to break even, but Eliyahu Goldratt has a solution in this educative and captivating piece of literature. He outlines what causes businesses to experience hard times and how to handle them when they arise. The goal of management is to maximize profit while making sure the resources are safe. If you want to be a good manager, this is the tidbit for you.
Some managers struggle with finding the proper techniques to apply to break even, but Eliyahu Goldratt has a solution in this educative and captivating piece of literature. He outlines what causes businesses to experience hard times and how to handle them when they arise. The goal of management is to maximize profit while making sure the resources are safe. If you want to be a good manager, this is the tidbit for you.
second key point
A good manager can observe a system and identify obstacles to its productivity
When it comes to running a business, there may be certain limitations one might encounter. These constraints hamper productivity and cause the company to lose money instead of making a profit. The goal is to identify them and find solutions to them while maximizing output and profit.
Full summary is waiting for you in the app
third key point
An intelligent manager should try to utilize any bottleneck to the company's advantage
fourth key point
The constraints that are within members of staff/human resources should be handled using clear communication
fifth key point
To get the best out of your production process, commit more resources to each working part
sixth key point
Without the presence of trained and qualified staff, you run a risk of reduced productivity and output
seventh key point
When you dedicate more resources to the bottleneck, it translates into greater productivity
eighth key point
Conclusion
What is The Goal about?
Who should read The Goal
Topics in The Goal
Enjoy summarized nonfiction bestsellers
Grasp the book’s key ideas in less than 15 minutes
Get startedGet new knowledge easily
Let’s check how many titles you can finish in a month with Headway! Tell us how much time you’d like to spend on reading:
Join 30+ million learners around the world
60K5 reviews on App Store and Google Play
Everything you need to be motivate, to learn & to self improves is all here. I actually do appreciate the reminders because otherwise this wouldn’t work for me. Thank you
Headway is the answer! No longer accumulating books I never read. With Headway, I initially chose the areas important to me such as productivity, time management, etc., and each day I'm provided several book summaries from which I devote 20 minutes or more each day reading. All of this on my phone! My life has improved with Headway. Truly my most useful app.
An excellent concept, executed well. Headway can help you retain what you've read while introducing you to the essential core of new information. It's an easier way to stay inspired, and to be reminded of the mental tools you've learned
In today’s world, we rarely have time. Between our jobs, our families are social obligations, when do we have time to grow and develop ourselves? Headway is an excellent app that gives you that time it gives you those little snippets of information that you need to direct your focus in on your life. Headway gives you a chance to find out the meat of a book that you might want to purchase and read or listen to in-depth without wasting a lot of time trying to figure out is this book for me? I highly recommend the app.
The selections are on point and the summaries are excellent! I listen while I walk my pup 🐶 and have in turn, ordered a few selections! REALLY loving the app, it’s layout, daily selections and features!
I've gotten multiple books out of the library with the intent to read them, but always have a hard time finding the time. This app has helped me finally be able to get to them. Summarized, yes, and thank goodness too! Just short enough I can finish one on my way picking kids up from school/practice, or while I'm cooking dinner. I can't wait to listen to them over the summer when we visit the beach!
It amazed me! There is the possibility to highlight the most important points of each book and instantly translate unfamiliar vocabulary. With the ability to review the searched words. It's a great way to learn more about English as well. The price is great.
I’m enjoying what I’m learning on headway.each summary comes with quotes at the end which you can save to help you remember key points. You can listen or read, I’ve found that reading puts me to sleep before I can finish but the listening feature keeps me engaged and I can finish in a brief amount of time if not one session.
The app it’s so easy to use. I use it while driving or cooking and is great. I love the fact that the chapters are short, so you can finish them quickly. Very knowledgeable.
The best app for self development.It helps to keep pace with your reading and also suggests the kind of reading material you might like.It is fun as you can switch from reading to listening and vice-versa as per your convenience .Just get started and partake of the treasure of knowledge at your fingertips .I feel lucky to have spotted the app.It has helped me become self-disciplined and much better informed.The audio track is excellent.
Exactly what I need! I always have booklist to read, but can't committed enough to finish/start bc of too much pages. Headway is really helpful and concise with their summary. What I love the most is that the essence of the book is well crafted, so I don't only read the key points, but also there's the story and how personality of the author still well shown through the summary. Well done!
This is outstanding best app ever and honestly whoever came up with is my app is an absolute genius kudos my gratitude definitely goes out and I’m only on my first week free trial and I’m certainly going to purchase this app annually. Now that I have it, I can’t even imagine living without it.