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The Goal: A Process of Ongoing Improvement Summary The Goal: A Process of Ongoing Improvement Guide Part 2: The Fallacy of Average Production Rates To justify the cost, you drive it at max capacity, which requires feeding.
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READ FULL SUMMARY OF THE GOAL: A PROCESS OF ONGOING IMPROVEMENT READ COMPLETE GUIDE TO THE GOAL: A PROCESS OF ONGOING IMPROVEMENT Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
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Respecting your time: we don't waste your time and we make every word count. Cutting out the fluff: you don't spend your time wondering what the author's point is.Expanding beyond the book: we add smart analysis and teach ideas the book didn't cover.Being 100% comprehensive: you learn the most important points in the book Being 100% crystal-clear: you learn important ideas written simply and clearly.Shortform summaries help you learn 10x faster by: Shortform guides make you smarter by: Unlock the full book summary of The Goal: A Process of Ongoing Improvement by Unlock the full Shortform guide to The Goal: A Process of Ongoing Improvement by signing up for Shortform. **The bottleneck of the system determines the throughput of the entire. Instead, switch your mindset to increasing throughput. Many companies focus primarily on decreasing operating expense, which can lead to unproductive behaviors that stifle throughput.Ideally, your activities improve all three at once. Operational expense: all the money the system spends to turn inventory into throughput.Inventory: all the money system has invested in purchasing things it intends to sell.Throughput: the rate at which the system generates money through sales.Organizations can be measured by 3 metrics: Throughput, Inventory, and Operational Expense. Beware of defining subgoals that do not really drive toward the Goal, like production efficiency, team size, money raised, etc.Likewise, activities that do not bring you closer to making money are not productive. Every action that does not bring you closer is not productive, even if it seems so. Every action that brings you closer to your goal is productive. Productivity is defined as bringing you closer to your goal. 1-Page Summary 1-Page Book Summary of The Goal: A Process of Ongoing Improvement Fast Summary of Shortform's Guide to The Goal: A Process of Ongoing Improvement