Monday, July 23, 2012

Book Review: The Choice - Eliyahu Goldratt

The Choice starts with more generic issues that people face in their lives- how to leave a meaningful life? Whether or not to leave an easy life? How do people behave and what's the rationale for their behavior? But it goes to the frontiers of operation management in retail business.

Goldratt (he needs to introduction)draws a parallel with apparel retail business and human behavior. The entire book is in the form of a conversation between a father and his daughter. The case-lets discussed in the book are interesting and adds to the perspective of the reader. Goldratt, as usual sticks to his commonsensical approach of finding logical solutions to issues...be it a matter of handling apparel retail, supply chain, discounts, business development, replenishment cycle of breads. The book teaches how to acknowledge one's lack of understanding, move out of the general notion of trade-offs and how to arrive at a structure approach to problems at hand. 

If you are interested in retail, supply chain management a book will be a good purchase/borrow. Don't try the book if you want to understand how to leave a meaningful life.