This website covers topics on knowledge management, personal effectiveness, theory of constraints, amongst other topics. Opinions expressed here are strictly those of the owner, Jack Vinson, and those of the commenters.

Goldratt on forecasting

Anyone who has spent time studying Theory of Constraints knows that the idea of forecasting and extrapolation is an anathema to being smart about making decisions. 

Here are a pair of related items on Goldratt's views of the current economic issues, particularly in relation to a manufacturer who was worried about their future in light of all the dire economic news. 

Suffice to say, a little research showed that the standard news media weren't a good source of accurate information.  Goldratt goes through the process of digging up useful information from which this company could make sensible decisions.

Messing the managers

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