by Dr Lisa | POOGI Series, Theory of Constraints in Operations
Up to this point, we provided an overview of Goldratt’s TOC (Theory of Constraints), the business improvement process methodology described in the popular business novel The Goal. Perhaps you’ve had the opportunity to take our recommendation from last month and...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints in Operations
Most companies don’t have processes in place to sell twice what they are selling now, so it is necessary to develop a compelling, un-refusable “Mafia Offer”. A Mafia Offer is an offer so good that your customer can’t refuse it and your competition can’t or won’t offer...
by Dr Lisa | POOGI Series, Theory of Constraints in Operations
TOC comprises a complete set of tools to support “A Process of Ongoing Improvement” or POOGI. Her are some of those tools: · For operations, there is Drum-Buffer-Rope scheduling · For projects, there is Critical Chain Project Management · For finance and measures,...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow
The subtitle of The Goal is “A process of ongoing improvement”. Over the last 25 years, Dr. Goldratt has further developed the Theory of Constraints (TOC) as a holistic process to quickly and substantially improve business results. It is very compatible with Lean and...
by Dr Lisa | Theory of Constraint Books and Book Reviews, Theory of Constraints in Operations
The Goal: A Process of On-Going Improvement MOVIE One of the bestselling business books in the world was made into a movie. The DVD typically sells for $895. However, it occasionally goes on sale for $447.50. The video is a great way to introduce the concepts in The...