by Dr Lisa | maximizing profitability, theory of constraints, throughput
This is the eighth conversation in our Maximizing Profitability the Theory of Constraints (TOC) Way series. To read number 7, go here: https://www.scienceofbusiness.com/maxprofit7/ Brad: “Theory of Constraints (TOC) is unique with its emphasis on Throughput, the...
by Dr Lisa | Dr Lisa Lang, maximizing profitability, tocico, Uncategorized
I have given my 3 hour Maximizing Profitability the Theory of Constraints (TOC) Way over 200 times. I’ve shortened it to an hour for various keynotes and I’ve delivered to more Vistage groups than I can remember. Last year one Vistage group asked me to...
by Dr Lisa | maximizing profitability, theory of constraints
This is the seventh in the series of conversations. To read number 6, go here: https://www.scienceofbusiness.com/theory-of-constraints-mafia-offer-reducing-wip-in-marketing/ TOC Community has answer for serious Low-T issue Brad: I’ve heard it’s a big, widespread...
by Dr Lisa | Elliott Jaques, Management Skills Blog, maximizing profitability, theory of constraints, theory of constraints overview, time span handbook, tom foster
Q6 Dr Lisa: Are there some basic questions our clients can use to assess the “time span of discretion” for an individual? Tom: In his Time Span Handbook, Elliott Jaques outlines ten questions for a diagnostic interview. While most diagnostics, related to employment,...
by Dr Lisa | critical chain, Dr Lisa Lang, excess capacity, goldratt, it's not luck, maximizing profitability, the goal, theory of constraints, throughput accounting, truly variable costs, viable vision
Question: How much excess capacity do you need to have to make a Viable Vision viable? Answer: It depends. Squeezing more capacity out of your existing operation without investment is relatively easy (you read about it in The Goal, Its Not Luck, and Critical Chain)....
by Dr Lisa | 80/20 Rule, 99/1 Rule, constraint, Dr Lisa Lang, goldratt, Juran, maximizing profitability, pareto principle, theory of constraints
Question: You mention in your speech that TOC (Goldratt’s Theory of Constraints) is about the 99/1 Rule, not the 80/20 Rule. Can you explain that? Answer: Let’s start by talking about the 80/20 Rule. The 80/20 Rule, also called the Pareto Principle was made...
