by Dr Lisa | POOGI Series, Theory of Constraints in Operations, Theory of Constraints Thinking Processes
So how do we get the key people in a highly custom job shop to do the totally counter intuitive steps of the Velocity Scheduling System (based on Theory of Constraints Simplified Drum Buffer Rope)? Well, instead of pushing the steps of a system they don’t understand,...
by Dr Lisa | POOGI Series, Theory of Constraints Thinking Processes
Brad: It’s been three years since we joined NTMA as National Associate Members. Shortly after we joined, after seeing the benefits Theory of Constraints (TOC) could have for NTMA members, you developed the “Velocity Scheduling System.” It is for scheduling machine...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints for Strategy
Dr. Lisa: What’s the impact of the economy on exit planning? If sales are down due to a depressed economy, how does that impact exit planning? Brad: Unless the business managed to maintain its sales and profit levels and growth rates, the business is probably less...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints in Operations
Cost accounting is alive and well in American business (and around the world really), even though it is an invalid, old technology. The continued—and unquestioned—use of cost accounting has led directly to the loss of competitiveness and long-term decline of American...
by Dr Lisa | POOGI Series, Theory of Constraints for Strategy
What’s my business worth … now? continued Brad: “What’s happening on the deals that are getting done? Are there any new trends or any terms that we need to be aware of?” Bob: “Seller’s are being required to participate by...
