Skip to content
Scan a barcode
Scan
Added to your cart
Hardcover The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies, and Measures Book

ISBN: 1574442465

ISBN13: 9781574442465

The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies, and Measures

Select Format

Select Condition ThriftBooks Help Icon

Recommended

Format: Hardcover

Condition: Very Good

$5.79
Save $99.21!
List Price $105.00
Almost Gone, Only 4 Left!

You Might Also Enjoy

Deming and Goldratt
Deming and Goldratt
Domenico Lepore

from: $5.09

An Introduction to the Theory of Constraints (TOC) Management System (St Lucie Press Series on Constraints Management)
An Introduction to the Theory of Constraints (TOC) Management System (St Lucie Press Series on Constraints Management)
Thomas B. McMullen Jr.

from: $5.99

Project Management In The Fast Lane: Applying the Theory of Constraints (St. Lucie Press/Apics Series on Constraints Management)
Project Management In The Fast Lane: Applying the Theory of Constraints (St. Lucie Press/Apics Series on Constraints Management)
Robert C. Newbold

from: $5.29

Management Dilemmas: The Theory of Constraints Approach to Problem Identification and Solutions (The St. Lucie Press/Apics Series on Constraints Management)
Management Dilemmas: The Theory of Constraints Approach to Problem Identification and Solutions (The St. Lucie Press/Apics Series on Constraints Management)
Eli Schragenheim

from: $6.79

The Haystack Syndrome: Sifting Information Out of the Data Ocean
The Haystack Syndrome: Sifting Information Out of the Data Ocean
Eliyahu M. Goldratt

from: $5.49

Throughput Accounting
Throughput Accounting
Thomas Corbett

from: $4.39

Theory of Constraints
Theory of Constraints
Eliyahu M. Goldratt

from: $8.19

Theory of Constraints and Its Implications for Management Accounting
Theory of Constraints and Its Implications for Management Accounting
Eric W. Noreen, Debra A. Smith, James T. (Cor) MacKey

from: $4.39

Goldratt's Theory of Constraints: A Systems Approach to Continuous Improvement
Goldratt's Theory of Constraints: A Systems Approach to Continuous Improvement
H. William Dettmer, .  , William H. Dettmer

from: $8.99

Manufacturer's Guide to Implementing the Theory of Constraints (APICS Constraints Management)
Manufacturer's Guide to Implementing the Theory of Constraints (APICS Constraints Management)
Mark Woeppel

from: $19.59

Thinking for a Change: Putting the TOC Thinking Processes to Use (St. Lucie Press/Apics Series on Constraints Management)
Thinking for a Change: Putting the TOC Thinking Processes to Use (St. Lucie Press/Apics Series on Constraints Management)
Lisa J. Scheinkopf

from: $10.39

Velocity: Combining Lean, Six Sigma and the Theory of Constraints to Achieve Breakthrough Performance - A Business Novel
Velocity: Combining Lean, Six Sigma and the Theory of Constraints to Achieve Breakthrough Performance - A Business Novel
Dee Jacob, Jeff Cox, Suzan Bergland

from: $5.19

The Race
The Race
Eliyahu M. Goldratt, Robert E. Fox, Robert E Fox

from: $5.09

Securing the Future: Strategies for Exponential Growth Using the Theory of Constraints (St. Lucie Press, Apics Series on Constraints Management)
Securing the Future: Strategies for Exponential Growth Using the Theory of Constraints (St. Lucie Press, Apics Series on Constraints Management)
Gerald I. Kendall

from: $6.69

Cash Machine Using Theory of Constraints for Sales Management
Cash Machine Using Theory of Constraints for Sales Management
Richard Klapholz, Alex Klarman

from: $4.59

Goldratt and the Theory of Constraints: The Quantum Leap in Management
Goldratt and the Theory of Constraints: The Quantum Leap in Management
Uwe Techt, Techt Uwe

from: $41.00

The Constraints Management Handbook (Apics Series on Constraints Management)
The Constraints Management Handbook (Apics Series on Constraints Management)
Michael S. Spencer, James F. Cox III

from: $115.00

The Theory of Constraints (Quality and Reliability, Vol 50)
The Theory of Constraints (Quality and Reliability, Vol 50)
Robert E. Stein

from: $28.49

The Theory of Constraints and Throughput Accounting
The Theory of Constraints and Throughput Accounting
Monte R. Swain, Shahid Ansari

from: $10.99

Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed
Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed
Steven Rollins, Gerald I. Kendall, Steve C. Rollins, Steven Rollins

from: $6.29

Late Night Discussions on the Theory of Constraints
Late Night Discussions on the Theory of Constraints
Eliyahu M. Goldratt

from: $8.39

We All Fall Down: Goldratt's Theory of Constraints for Healthcare Systems
We All Fall Down: Goldratt's Theory of Constraints for Healthcare Systems
Russ King, Julie Wright, Jane Wong

from: $11.39

Theory of Constraints Handbook
Theory of Constraints Handbook
John Schleier, James F. Cox III, John G. Schleier Jr.

from: $70.39

The Project Manifesto: Transforming Your Life and Work with Critical Chain Values
The Project Manifesto: Transforming Your Life and Work with Critical Chain Values
Robert C. Newbold, William E. Lynch, Bill Lynch

from: $5.19

Book Overview

Today's competitive environment requires that companies distinguish themselves in the marketplace using factors other than prices. Companies that excel at on-time delivery, short cycle/leadtime, quality, and fast response to the market gain a competitive edge - and have the ability to market based on these features.
A proven approach to achieve this is the Theory of Constraints (TOC) production solution known, as drum-buffer-rope scheduling. Just in time (JIT), Total Quality Management (TQM) and other philosophies aim at exploiting these competitive edge factors. However, accounting systems, financial, and incentive measurements continue to be the biggest stumbling blocks to companies wishing to improve their financial performance with these tools.
Agreement on the need for a measurement system that encourages local actions in line with bottom line results is common, but solutions have remained elusive. Whether a company is pursuing JIT, TQM, or TOC, cost accounting is the common enemy.
Attempts have been made to introduce "new" costing methods such as activity based costing and economic value added, but they have failed to recognize the basic difference between product costing for financial statement purposes and collective management information to make real time decisions.
The Measurement Nightmare shows you how to resolve the conflicts and remove the accounting systems, financial, and incentive measurement roadblocks to adopting TOC, thereby gaining improved performance and sustaining competitive advantage. The techniques that the author, leading authority Debra Smith, has implemented and tracked at various companies highlight "the productivity measurement nightmare". Especially important are the day-to-day tools she developed to ensure successful implementation.

Customer Reviews

5 customer ratings | 5 reviews

Rated 5 stars
Getting to the core of the problem

The book focusses on the root problem behind all those dysfunctional metrics around us. It explains very clearly (also for people not trained in financial jargon) how the wrong focus on the wrong metrics in the top of the organization can have impact on the complete organization and may impact negatively the quality of decisions throughout the company.Very much recommended!

0Report

Rated 5 stars
Seamless blend of traditional (GAAP) and TOC

This remarkable book manages to cover a wide array of topics (TOC, metrics, accounting and GAAP compliance and implementation and strategy issues)in approximately 200 pages and still impart a deep message. The message is not subtle - don't be a lemming just because 'you've always done it this way'. Actually, the message is much deeper and also encompasses how to measure the right things.What I like most is the fact that...

0Report

Rated 5 stars
Measurement or Comedy of Errors

This is far and away the most entertaining managerial accounting text ever written. Smith illuminates the flaws in traditional accounting measures with humorous (unless they happen to you), real disaster stories. Each story includes explanations of the classical accounting analysis (or misguided blind pursuit of efficiency) which caused the disaster and a discussion of more appropriate metrics.That people often let the way...

0Report

Rated 5 stars
Very Good Book

Debra Smith has done an excellent job explaining TOC. The many examples bring to life TOC in a refreshing way.

0Report

Rated 5 stars
Best of the Best

As the CEO of a company who has invested much time and resources to the (TOC) Theory of Constraints Management Philosophy, one thing kept coming back around to frustrate our implementation efforts. It was that of making the bridge from our current methods of measuring our performance and GAAP accounting system to that of TOC measures and TOC accounting. By this book, Debra Smith has given us the tools to do just that. ...

0Report

Copyright © 2025 Thriftbooks.com Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
GoDaddy Verified and Secured