Managerial Accounting - "The Goal: A Process of Ongoing Improvement"

Jonah, takes a puff on his cigar, and tells Alex that –
In a sequence of dependent events … in combination with statistical fluctuations:
· Dependency limits the opportunities for higher fluctuations;
· Not averaging out of fluctuations but an accumulation of the fluctuations;
· Identify constraints (bottlenecks), develop measurements (throughput)

Alex Rogo – plant manager for UniCo ; Jonah – physicist / scientist ; Ch 4 – intro ; Ch 13 – essence

Author - Eliyahu M. Goldratt

Managerial Accounting and Managerial Microeconomics

Three and a half inches thick !

Econ buzzwords: marginal cost/revenue, customer value model, value-added, minimum efficient scale, market power, monopsony, double mark-up problem, profit-maximizing price, coopetition, game theory, Nash equilibrium, ...

Corporate Governance by Kenneth A Kim, John R. Nofsinger

It focuses on the various incentives within the governance system, helps explain recent problems and scandals, and puts potential solutions into context.
The most fascinating part is how Enron uses complex SPEs.

One Minute ...

* People Who Feel Good About Themselves Produce Good Results.

* The Best Minute I Spent Is The One I Invest In People.

* We Are Not Just Our Behavior; We Are The Person Managing Our Behavior.

* Goals Begin Behaviors, Consequences Maintain Behavior.

The Story Of The Present

You Cannot Change The Past, But You Can Learn From It.

When The Same Situation Arises, You Can Do Things Differently.

"Success" Is Becoming Who You Are Capable Of Being And Progressing Toward Worthwhile Goals.

Each Of Us Defines For Ourselves What It Means To Be Successful.

Business Statistics and Financial Accounting as starters...

"Free" textbooks ... "business statistics" and "Cases in financial reporting", were picked up from the bookshop. Just realized that the bookshop is now run by Commerical Press, no longer Swindon.

Experiential Learning Program out of the Xbox - stretched the limit

High V, Giant Ladder, Hit the ball and Balanced beam are the 4 excellent ELP games which Microsoft can never put them inside Xbox.

What Doesn't Kill You Will Make You Stronger

Survived the Residential Program ...
First day: worked till 1am
Second day: 7:15am to 2am
Last day started earlier than the sunrise... very tough.

see KxCracker team at http://kxcracker.blogspot.com