Tag: Goldratt
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Is GAAP good? Critical thinking and accounting

Imagine you’re in the movie The Matrix but… When Morpheus offers you the blue pill or the red pill, instead of this being a choice between learning about the Matrix or going back to the simulated world, instead it’s learning about the Theory of Constraints or going back to standard accounting principles. One option will…
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When Goldratt alone is not enough – How I finally made sense of the ‘Thinking Processes’

If like me, when you read Eliyahu M. Goldratt’s ‘It’s Not Luck‘, the sequel to his best-selling and influential business novel The Goal, you were first introduced to his ‘thinking processes’. His set of diagrammatic thinking tools which can be used to solve all kinds of problems, simply by reasoning through cause and effect relationships.…