Goldratt (Eliyahu M. Goldratt)

Eliyahu M. Goldratt was an Israeli physicist and business consultant best known for developing the Theory of Constraints (TOC), a management philosophy that helps organizations improve performance by identifying and addressing their most significant limiting factor or "constraint." His influential book, "The Goal," presents these ideas through a fictional story, illustrating how focusing on constraints can enhance productivity and efficiency. Goldratt emphasized the importance of aligning all parts of an organization towards a common goal, ultimately leading to better decision-making and operational effectiveness. His work has had a significant impact on manufacturing, project management, and overall business strategy.