July 26, 2011

Dr. Eliyahu M. Goldratt

Dr. Eliyahu Moshe Goldratt, the Israeli physicist turned business guru was one of the greatest of his time. His death is a huge loss to society; there could have very well been a lot more coming from this polymath. He was mostly recognized for, ‘Theory of Constraints’, ‘Cause and Effect of thinking’ and ‘Slayer of Paradigms’ which are considered his best work along with several business novels.
His book ‘The Goal’ which he took 13 months to write was an effort to improve the efficiency that would in turn have positive influence on the implementation mainly based on the company he was working was a huge success after a initial hick up where it was not received well by the company. But, his continuous efforts to improve the status of the company he was working for didn’t go too well and he was eventually fired. This was the start of the Avraham  Y. Gldratt Institute (AGI) which he named after his father.
The goal for the establishment of the AGI was to promote the Theory of Constraints and help it be implemented worldwide. It was here that the development of his famous works started. According to his plans, he retired from the institute before his 50th birthday.
AGI is considered to be the birthplace of constraint-based techniques and solutions for business success.
But it is truly to be said that our dead are never dead to us until we have forgotten them.
At IIM Raipur, we pay tribute to Dr. Eliyahu M. Goldratt, author, educator, philosopher, scientist and originator of the “Theory of Constraints”, who passed away at his home in Israel on 11 June 2011.      
The writer of this article, Anshu Katiyar is a PGP student of Indian Institute of Management, Raipur. He has done his B.Tech in Information Technology from Dr. M.G.R. University, Chennai and can be reached at anshukatiyar @ hotmail.com.

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