Eliyahu Goldratt Quotes

We have an imbalance over how much we produce relative to how much we consume.

The answer has to be sought in the material conditions of the production and utilization of cattle in India compared with the production and utilization of cattle in other parts of the world.

There is nothing so useless as doing efficiently that which should not be done at all.

The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.

It bothers me when people spoil the market.

The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well.

Inequality is a terrible waste of time, a waste of people's resources.

I hate wasting time or money and that happens all the time for no good reason, and then people save money by skimping on the important things.

The law of diminishing returns is something I really believe in.

There are certainly delays in this year's agreed program, and we must quickly catch up. Let's not kid ourselves, there is still big waste in the public sector, and it must stop.

This island is almost made of coal and surrounded by fish. Only an organizing genius could produce a shortage of coal and fish in Great Britain at the same time.

When you’re dealing with a commodity, high productivity means that nobody makes any money.

What was worked out at Ford was the practice of moving the work from one worker to another until it became a complete unit, then arranging the flow of these units at the right time and the right place to a moving final assembly line from which came a finished product.

It offends me when people do useless work.

One of the most horrible wastes of capital you see is the duplication of the effort by the car manufacturers to do things that appear to be different from the other guy.

What is the point of one guy developing a 1.3 engine, and another guy a 1.4? What are you getting for this? And the answer is nothing: a total waste of capital.

The cost of an animated film really comes down to man hours. If you gather together world-class talent, then the question becomes how do you deploy that talent in a way that minimizes waste.

We have to have workers that will produce more and will stop work when it is not needed.

We rip out a perfectly good kitchen worth thousands of pounds, only to replace it with another costing roughly the same. The old one has to be disposed of, the new one had to be made. From raw materials, factory processes and transportation the extra effort is substantial. Overcomplication.

Expose widespread waste and duplication in federal spending.

We now know that something between 85 and 90 percent of most software product features are unwanted and unneeded by customers. That is an enourmous ammount of waste of time and money that ends up on the floor.

We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses.

Organizational structures of today demand too much from a few, and not much at all from everyone else.

This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of Marx and Engels. It permeates no less the contributions of contemporary pseudo-economics.

It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.