The Measurement Nightmare: How the Theory
of Constraints Can Resolve
Conflicting Strategies, Policies, and Measures
by Debra Smith
Boca Raton, Florida: St. Lucie Press, 2000
Key Features
Shows how to use the Theory of Constraints
to solve conflicts between local and global optimization
goals for improved performance
Explains how to align executive strategy
and decision making with both short- and long-term results
for improved incentive plans
Explores four basic financial strategic
decisions from a Theory of Constraints and direct costing
approach and illustrates the varied consequences of different
costing approaches
Exposes the simple bridge to convert
a direct costing system to absorption costing to satisfy
GAAP and external reporting requirements
Provides case studies in support of each
chapter's discussion
