by Dr Lisa | POOGI Series, Theory of Constraints Measures
Managing People: What are we going to do about Joe? #2 We are continuing our series based on The Goal by Eliyahu M Goldratt and the Theory of Constraints. {This series was co-written with Brad Stillahn.} Dr. Lisa: “That’s true. In almost all of our client companies,...
by Dr Lisa | Theory of Constraints Measures
Q3 Dr Lisa: As you know we recommend against most incentive or bonus programs. How does the prevailing belief by Western management that incentives are effective relate to the “best efforts” contract? Tom: Yes, incentives are effective. They are most effective at...
by Dr Lisa | Theory of Constraints for Strategy
Happy New Year! I hope this blog finds you and your business poised for prosperity! This is the time of year when most of us get reflective. We look back and determine what worked, what didn’t, and what changes we are going to make. And many times when we haven’t...
by Dr Lisa | Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints for Strategy
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 | Theory of Constraints Finance, Accounting, and Cash Flow
Increase Sales cont. Last time we ended our discussion with this question: So how do you increase your throughput without going into cash trouble? The first step is to examine your product mix. Calculate the T/CU for each product. With this information you can devise...