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goal

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Issue:

Business

 

Written by:

April R

 

Date added:

December 18, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 2966

 

Was viewed:

7632 times

 

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Essay content:

One of the characters in the book, an accountant, responds to an offhand comment about the goal with a confused "The goal? You mean our objectives for the month?" That's sure to strike a chord with a lot of readers. At an operational level, measure your success toward the goal with these three metrics: Throughput - The rate at which the system generates money through sales...
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In particular, don't trim capacity to match demand. It's a standard cost-cutting procedure, sure. But you'll need that capacity later, if you're serious about increasing throughput. Find bottlenecks. If manufacturing is what's limiting your throughput, then the problem isn't that people aren't working hard enough...
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