Image for 1. Eliyahu M. Goldratt - Physicist

1. Eliyahu M. Goldratt - Physicist

Eliyahu M. Goldratt was an Israeli physicist and business thinker known for developing the Theory of Constraints (TOC), a management philosophy aimed at improving organizational performance. He argued that every system has at least one limiting factor, or "constraint," that slows down progress. By identifying and addressing these constraints, organizations can enhance productivity and profitability. Goldratt is also famous for his book "The Goal," which illustrates his ideas through a business narrative, making complex theories accessible and practical for managers seeking efficiency and effectiveness in their operations.