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Published by: Allied Business Academies
Published in: "Academy of Strategic Management Journal", 2004
Length: 15 pages

Abstract

The 'Thinking Process' as introduced Dr Eliyah Goldratt, in The Goal and further expounded upon in, It's Not Luck, is based on the Socratic teaching method of if …then reasoning. This type of deductive reasoning is extensively used in the field of medicine, in the diagnosis and treatment of disease and for determining clinical pathways and other fields of science. Even though medical professionals find it easy to map out the cause and effect relationships when dealing with a disease process, few have explored the benefits of using their highly developed intuitive thinking skills in the area of solving problems in management. This paper will use elements of the Thinking Process, as outlined by Dr Goldratt, in an attempt to elicit a logical, comprehensive solution to a multifaceted, intricate set of strategies: Globalization, Value-based Management, and Outsourcing.

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Abstract

The 'Thinking Process' as introduced Dr Eliyah Goldratt, in The Goal and further expounded upon in, It's Not Luck, is based on the Socratic teaching method of if …then reasoning. This type of deductive reasoning is extensively used in the field of medicine, in the diagnosis and treatment of disease and for determining clinical pathways and other fields of science. Even though medical professionals find it easy to map out the cause and effect relationships when dealing with a disease process, few have explored the benefits of using their highly developed intuitive thinking skills in the area of solving problems in management. This paper will use elements of the Thinking Process, as outlined by Dr Goldratt, in an attempt to elicit a logical, comprehensive solution to a multifaceted, intricate set of strategies: Globalization, Value-based Management, and Outsourcing.

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