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Throughput Economics: Making Good Management Decisions
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Throughput Economics: Making Good Management Decisions
Throughput Economics challenges the current thinking of how to evaluate cost, risks and rewards of any deal or any other new market opportunity being considered...
Throughput Economics: Making Good Management Decisions
Item #: 45315041

Throughput Economics: Making Good Management Decisions

87% of respondents would recommend this to a friend

Item #: 45315041

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Throughput Economics challenges the current thinking of how to evaluate cost, risks and rewards of any deal or any other new market opportunity being considered...
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What Stands Out

Decision-Making Framework
Provides a structured approach to management decisions, facilitating better outcomes by integrating throughput principles, which enhance operational efficiency and profitability.
Practical Insights
Delivers actionable strategies with real-world examples that help managers understand complex economic concepts and apply them effectively in their organizations.
Comprehensive Analysis
Explores the relationship between throughput and overall business performance, offering deep insights that give a competitive edge in today's economic environment.

Product Details

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  • Develops a practical methodology for better decision making by analyzing the impact of decisions on a company’s bottom line
  • Provides a methodology allowing managers and financial staff to create real value by focusing on what truly matters
  • Challenges traditional thinking on evaluating cost, risks, and rewards, offering a process to directly assess the potential improvement in organization's performance
  • Involves intuition of key people and relevant data to form a reasonable range of net profit when considering a decision
  • Includes software support for quick response to various what-if scenarios
  • Offers a holistic method for simplified decision making in complex environments and facilitates realization of organizational potential
Publisher Productivity Press
Publication date June 25, 2019
Edition 1st
Language English
Print length 270 pages
ISBN-10 0367030616
ISBN-13 978-0367030612
Item Weight 8.4 ounces (238.14 grams)
Dimensions 7.5 x 0.75 x 10.5 inches (19.1 x 1.9 x 26.7 cm)

Who Should Buy?

Suitable For
  • Managers and Executives

    Ideal for decision-makers looking to optimize resources and enhance profitability through effective management strategies.

  • Business Students

    Useful for students studying management or economics, providing foundational concepts and analytical tools for future careers.

  • Consultants

    Beneficial for consultants aiming to assist clients in making data-driven decisions to improve operational efficiency.

Not Suitable For
  • Casual Readers

    Not suitable for casual readers seeking light or non-technical insights, as it focuses on complex management concepts.

Product Description

Throughput Economics: Making Good Management Decisions

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Customer Questions & Answers

  • Question: Who is the book 'Throughput Economics' aimed at?

    Answer: Entrepreneurs and managers who want to make their organizations more and more antifragile.
  • Question: What is the process offered in the book?

    Answer: A process that directly answers the critical question: If we accept the proposed decision, will the performance of the organization improve?
  • Question: What kind of decision making is the book designed for?

    Answer: Simplified decision making in seemingly complex or shifting environments using a constraints mindset

Cash Flow Editorial Review

Throughput Economics: Making Good Management Decisions 1st Edition is a comprehensive guide that addresses the importance of relevant costs in financial analysis. The book teaches managers how to identify and focus on key factors to achieve quick and significant results. The writers use easy-to-understand language and provide examples from various businesses to make the concepts relatable to everyone. The book shows how accepted accounting measures can lead to misguided decision-making and illustrates what managers should measure and what not to measure through case studies. The book also introduces the concept of throughput as the primary goal and shifts the paradigm of cost per unit to open new opportunities in the system. This book is essential for any S&OP process, making it a must-have resource for managers and financers.

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Pros

  • Easy-to-understand language
  • Provides examples from various businesses
  • Shows what to measure and what not to through case studies
  • Introduces the concept of throughput as the primary goal
  • Shifts the paradigm of cost per unit to open new opportunities

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Features & Benefits

  • Practical methodology for better decision making
  • Allows mid-managers, higher level managers and financial staff to create real value
  • Offers a process that directly answers the critical question: If we accept the proposed decision, will the performance of the organization improve?
  • Includes software support that provides very quick response to many what-if suggestions
  • Provides a holistic method for simplified decision making in complex or shifting environments
  • Facilitates companies’ realization of their true potential

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