Sunday, April 27, 2014

First MBA Additional book Reads - The Goal

From the first day in the class, one of the things that the college faculties has been trying to tell us is that knowledge is important. It is not only about the mugging up the books or  getting good placements or getting high grades. Rather it is important to approach the one year MBA at IIM Lucknow with the aim to get knowledge. The challenges in real life as a manager are plenty. It is in this one year that we have to master those challenges of managerial world by gaining knowledge.  Hence at different times the professors in our class are suggesting interesting readings.  In this series i will be sharing some of these books which i have reads. This books are additional readings apart from the main text book and reference book given in the course syllabus.

The book 'The goal' was suggested to us by the professor who takes the Operation Management (OM) class. He claims to have read it multiple times and he still gets new insights when reads again. So i decided to take this book as the first one, since OM has lot of information related to production industry and i come from services industry.

On completing this book, i realized that all problems in this world have a simplified solution. We just need to simplify the problem in simple terms as much as possible so that we can understand it and then try to attack the problems/constraints/bottlenecks one by one to achieve the ultimate goal of any organization. Wondering what is the goal? Well it is making money. This book gives insights on how management thinking around the world can be changed and no doubt is one of the best selling book of business world.

Since the book is written in novel style, i was enriched and at the same time not much overloaded as i was becoming when i read the text book.this book has nicely depicted on how a plant manager saves his plant from getting closed by using the spark of thoughts provided school professor. he solves his professional and personal problems by
  1.   identify the constraints standing in the way of attaining goal
  2.   how this constraints are overcome one by one by analyzing the cause and effects of the action
  3.   how he made this team think logically and consistently about the problems

In the end things are happily resolved for the plant manager. i am happy to open my additional reading account and the same time get acquainted with new stuff. Next book that i plan to read is 'Emotional Intelligence by Daniel Goleman'

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