Focusing solely on efficiency in a production-based company can lead to several potential drawbacks. It can lead to a lack of innovation and creativity, as the focus is on doing things the same way to achieve maximum efficiency. It can also lead to employee burnout, as the pressure to maintain high levels of efficiency can be stressful. Additionally, a sole focus on efficiency can lead to a lack of flexibility, making it difficult for the company to adapt to changes in the market or industry.
This question was asked on the following book summary:
The Goal uses simple reasoning as a tool to teach the Theory of Constraints (TOC) by presenting the theories in the form of a novel. The TOC, a method...
Go to dashboard to download stunning resources
DownloadText this question was asked on:
The lessons here are woven into a story about a production-based company and the new manager. The main character, Alex, approaches his new position armed with all the conventional management techniques and gets to work. Readers will probably be familiar with this scenario. Alex's first goal is to improve efficiency. He works on cost-effective purchasing, quality control, customer satisfaction, and all those other things that traditional business management dictates. But all those theories and all that work didn't create any additional profit.