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It's Not Luck
 
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It's Not Luck [Paperback]

Eliyahu M. Goldratt
4.0 out of 5 stars  See all reviews (23 customer reviews)
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Book Description

This is a "management" novel that shows how to put powerful logical tools into effect at work to produce win-win solutions to seemingly impossible problems. The author also wrote "The Goal". --This text refers to an out of print or unavailable edition of this title.

About the Author

One of the world's most sought after business leaders - author and educator, Dr. Eli Goldratt. Eli Goldratt had been described by Fortune Magazine as a "guru to industry" and by Business Week as a "genius." His charismatic, stimulating, yet sometimes unconventional style has captured the attention of audiences throughout the world. Eli is a true thinker who provokes others to think.

Eli Goldratt is the creator of the Theory of Constraints (TOC) and is the author of 8 books, including the business best sellers The Goal, It's Not Luck, and Critical Chain. Goldratt's Theory of Constraints is used by thousands of companies, and is taught in hundreds of colleges, universities, and business schools. His books have sold over 3 million copies and have been translated into 23 languages. Goldratt's fascinating work as an author, educator and business pioneer had resulted in the promulgation of TOC into many facets of society and has transformed management thinking throughout the world. --This text refers to an out of print or unavailable edition of this title.


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Customer Reviews

23 Reviews
5 star:
 (13)
4 star:
 (5)
3 star:
 (1)
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4.0 out of 5 stars (23 customer reviews)
 
 
 
 
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5 of 5 people found the following review helpful
5.0 out of 5 stars Luck Is for Rabbits, Mar 28 2002
By 
Robert Morris (Dallas, Texas) - See all my reviews
(HALL OF FAME)    (TOP 10 REVIEWER)    (REAL NAME)   
This review is from: It's Not Luck (Paperback)
Goldratt has been an especially prolific author in recent years. This is the second of three books; the others are The Goal (1992) and Critical Chain (1997). In The Goal, Goldratt's primary focus is on the a-pplications of what he calls a Theory of Constraints (TOC) to the manufacturing process. In that book and in this one, he presents his ideas in the form of fiction (as a novel), complete with a cast of characters, a multi-dimensional narrative (or plot), a variety of settings, and perhaps most important of all, a series of conflicts. Few other authors with sufficient business acumen would attempt, much less succeed (as Goldratt does) in combining the two genres. Long ago, someone suggested that luck is the residue of preparation. Goldratt seems to agree. In this volume, he devotes much of his attention to demonstrating the relevance of TOC to marketing, sales, inventory control, distribution channels, strategic alliances, and conflict resolution. I believe it was Carl Rogers who suggested that one of the most effective strategies for conflict resolution is to set aside all points on which both parties agree, each party then makes whatever concessions are appropriate (i.e. terms and conditions of lesser importance); thereby, the parties involved can then concentrate on what are, for both sides, the most important differences. And do so with mutual respect and with goodwill. Goldratt applies the "Rogerian Model" to countless situations in this book, suggesting that conflict resolution is the result of sustained effort and patience, not luck.

It is occasionally said of an especially well-written business book that "it reads like a novel." What we have here IS a novel. Never before have executives had more to read and less time for reading. One of this book's most appealing qualities is that it is so easy to read. (The challenge is to make effective applications of TOC in an increasingly more competitive marketplace.) Goldratt is an authority on the business subjects he discusses as well as an excellent teller of tales. That's a rare combination.

For whom will this book have greatest value? Obviously, decision-makers who now have one or more of the following needs: to set or re-set the direction of their organization; to formulate appropriate marketing and sales strategies; to improve production, logistics, and distribution; to launch or improve project management initiatives; and/or to strengthen the skills of line managers.

Those who share my high regard for this book are urged to read Goldratt's other books, The Goal and Critical Chain; also, to check out David Maister's Practice What You Preach and David Whyte's The Heart Aroused. With all due respect to the core concepts Goldratt examines in this volume, they are worthless unless and until embraced by everyone involved. Master and Whyte can help managers to achieve that "buy in."

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5.0 out of 5 stars Rigor made Rational - an introduction for the textbook, May 12 2004
By 
Gary "Tool Geek" (Rochester, MN United States) - See all my reviews
This review is from: It's Not Luck (Hardcover)
This book, in novel form, is a description of the "Thinking Process" of Theory of Constraints. This Thinking Process is really a bookkeeping process to provide rigor in rational thought. The story line is a bit weak, but as others have observed, it makes reading the dry processes fun. Once you have read this book, and are convinced that moving from a current reality [tree] to a future reality [tree] with the clouds removed is going to require the construction of a transition plan [tree], but you need some help, read "Thinking for a Change", by Lisa J. Scheinkopf - ISBN: 1574441019
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5.0 out of 5 stars Excellent Book But Doesn't Stand Alone, Feb 20 2004
By 
Erik L Koski (Bakersfield, CA) - See all my reviews
This review is from: It's Not Luck (Paperback)
I've read this book several times. It does a wonderful job teaching when to apply the various TOC tools and a little on how. Depending on what you are doing, I recommend combining It's Not Luck with Thinking for a Change by Scheinkopf and/or Throughput Accounting. Most people need both the 10,000' view from The Goal, The Race and It's Not Luck and the details provided by the APICS series and some of the North River Press books. Take care when purchasing detailed books, since the quality varies greatly.
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