Almost all decisions based on cost accounting are utterly wrong.
Eliyahu GoldrattRead
You need collaboration of its people; it's the only way to improve a company - can you ignore that? You need a win-win for every sub-group, which will ensure exponential growth for a company.
Interpretation
Collaboration among all individuals in a company is essential for improvement and growth.
This quote emphasizes the importance of teamwork and collaboration within an organization. Eliyahu Goldratt suggests that to foster improvement and achieve exponential growth, it is vital for every subgroup within the company to work together towards a common goal, creating a win-win situation that benefits all involved.
In practice
In a corporate meeting discussing team dynamics.
Almost all decisions based on cost accounting are utterly wrong.
Every situation can be substantially improved; even the sky is not the limit.
Good luck is when opportunity meets preparation, while bad luck is when lack of preparation meets reality.
If you want people to take action,you must refrain from giving them the answers.
The beginning and the end of all Christian leadership is to give your life for others.
A true leader always keeps an element of surprise up his sleeve, which others cannot grasp but which keeps his public excited and breathless.
Teamwork makes the dream work, but a vision becomes a nightmare when the leader has a big dream and a bad team.
A boss who micromanages is like a coach who wants to get in the game. Leaders guide and support and then sit back to cheer from the sidelines.
The speed of the leader is the speed of the gang.
This fulfils my ambition. I still have my father's robe as Chancellor. I shall be proud to serve you in this splendid office.
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