It's Not Luck

by Eliyahu M. Goldratt

Book Overview

There has been a shift of policy at board level. Cash is needed and Alex Rogo's companies are to be put on the block. Alex faces a cruel dilemma. If he successfully completes the turnaround of his... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0884271153
• ISBN13: 9780884271154
• Release Date: January 1994
• Publisher: North River Press
• Length: 283 Pages
• Weight: 1.00 lbs.
• Dimensions: 0.8" x 6.0" x 9.1"

Customer Reviews

Excellent Book But Doesn't Stand Alone

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.

An Excellent easy approach

This book is about common sense. This book is the second "Must Read" for Industrial engineers and MBA students in the Eliyahu Goldratt books.It talks about the possibilities of the state of the art distribution networks to lead to new marketing solutions. Although this book talks about marketing solutions but it is targeted for managers coming out of manufacturing toward upper level management. Some of the solutions are common sense, but the problem it reflect a lot of the problems in the outside world, were commonsense is not common any more. I recommend reading this book after reading "The Goal".

Luck Is for Rabbits

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."

Changed the way I think about business problems

I liked this book better than The Goal. It is loaded with information on the theory of constraints thinking process. The value of these techniques are termendous.A great follow up to this book is William Dettmer's Breaking the Constraints to World-Class Performance

Great human relations techniques!

While I enjoyed "The Goal", Goldratt's latest, "It's Not Luck" was hard to put down! Alex Rogo saved the day again, or more specifically saved his companies again, and once again Goldratt told his story in a manner that mixed fiction with solid business and human-relations principles. I am a marketing and business consultant, and after reading this book, I immediately declared it required reading for the executives and key-man employees of each company I am working with. Without exception it met with rave reviews. One of the managers, wife and half-owner of a manufacturing facility, made some major changes in company policies and used the techniques in this book to present these changes to the employees of the company. The rationale behind every single change was easily understood by even the most under-educated employee, and met with virtually no resistance! Revenues the following month increased by 150% and everyone employed by this company felt more rewarded, and more prideful, by their own contribution to the production process than ever before. Needless to say, this company rewarded me with a liberal bonus just for introducing them to this book! On the homefront, I have found several opportunities to use Alex Rogo's techniques to negotiate conflicts with my children, to the mutual satisfaction of all: a rarity indeed