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KFC global industry. A CRITICAL REVIEW OF THE BOOK IT'S NOT LUCK BY EM
GOLDRATT. An extensive use of Goldratt?s thinking process ...
... business environment in which members of the global fast-food industry operate.
Illustrate how important an international presence is to KFC ? a company that ...
... Kentucky Fried Chicken and the Global Fast-Food Industry Case Analysis 1.0 ... in the
past two decades has seen an overall increase in costs for KFC and other ...
... Kentucky Fried Chicken and the Global Fast-Food Industry: KFC : world’s largest
chicken restaurant chain and third largest fast-food chain in 2004 One of the ...
... new standards for the fast food industry by selling ... McDonald?s faces stiff competition
from global operators of ... chains such as Burger King, KFC, Subway, Wendy ...
Submitted by lwitbooi on October 22, 2007
Category: Book Reports
Words: 1726 | Pages: 7
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A CRITICAL REVIEW OF THE BOOK IT\\\\\\\'S NOT LUCK BY EM GOLDRATT.
An extensive use of Goldratt’s thinking process is applied in the various businesses as part of the problem solving. “It’s not luck” emphasizes the importance of using the thinking processes in business and in your personal life. The thinking processes refer to a logical, graphical, general and practical method of problem solving methodology and basically comprised of 3 steps. These steps as described by Goldratt are:
1. What to change?
2. To what to change?
3. How to cause the change?
It is very clear that the problems experienced in the companies are not lone standing but in most of the cases they are dependent on each other and there are strong bonds or relationships with regards to the cause and effects between them. It is therefore important to form or establish a strong cause and affect between them.
It is important to identify the unresolved conflict that exists. The process can be illustrated through a conflict resolution diagram or evaporating cloud, Goldratt (1994). As a first step a “current reality tree” is used extensively to portray and depict the cause and effect that join all the problems proceeding in a specific situation. After this, one will realize that you don’t have to deal with multiple problems because normally there are only one or two reasons or causes. The thinking processes give you a step by step procedure how to do this. This is where the undesirable effects (UDE’s) come in.
This brings us to what to change. If the undesirable effects lead to the root cause, then the root cause must lead to the undesirable effects, therefore “brought on by the root cause itself”, Taylor (2003). The resultant current reality tree brings us to the process of determining what to change. Through this method of analysis a tool is established to understand the current state of the cause.
According to Goldratt...
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