Excerpt From Summary of Andrew S. Grove's High Output Management
#1
To plan a production flow, start with the step that takes the longest to perform. Then, work your way back from the end of that step to the beginning, and plan each subsequent step according to its own specific time requirements.
#2
The idea of a limiting step has very broad applicability. Take, for example, the need to recruit college graduates to work for Intel. Certain of our managers visit the colleges, interview some of the seniors, and invite the more promising candidates to visit the company. We bear the expense of the candidates’ trip, which can be considerable.
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