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Throughput Economics: Making Good Management Decisions
87% of respondents would recommend this to a friend
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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
Product Details
- 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?
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Managers and Executives
Ideal for decision-makers looking to optimize resources and enhance profitability through effective management strategies.
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Business Students
Useful for students studying management or economics, providing foundational concepts and analytical tools for future careers.
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Consultants
Beneficial for consultants aiming to assist clients in making data-driven decisions to improve operational efficiency.
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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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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
Product Price History
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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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