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A new approach to improving the production of goods and services, Constraints Management (CM), recognizes the powerful role of the constraint (the limiting resource) in determining the output of the entire production system. By learning about and mastering CM concepts, managers can improve their companies' present output and plan for future growth as well.
A new approach to improving the production of goods and services, Constraints Management (CM), recognizes the powerful role of the constraint (the limiting resource) in determining the output of the entire production system. By learning about and mastering CM concepts, managers can improve their companies' present output and plan for future growth as well.
The definitive guide to the theory of constraints In this authoritative volume, the world's top Theory of Constraints (TOC) experts reveal how to implement the ground-breaking management and improvement methodology developed by Dr. Eliyahu M. Goldratt. Theory of Constraints Handbook offers an in-depth examination of this revolutionary concept of bringing about global organization performance improvement by focusing on a few leverage points of the system. Clear explanations supplemented by examples and case studies define how the theory works, why it works, what issues are resolved, and what benefits accrue, and demonstrate how TOC can be applied to different industries and situations. Theory of Constraints Handbook covers: Critical Chain Project Management for realizing major improvements in delivering projects on time, to specification, and within budget Drum-Buffer-Rope (DBR), Buffer Management, and distribution for maximizing throughput and minimizing flow time Performance measures for applying Throughput Accounting to improve organizational performance Strategy, marketing, and sales techniques designed to increase sales closing rates and Throughput Thinking Processes for simple and complex environments TOC methods to ensure that services actions support escalating demand for services while retaining financial viability Integrating the TOC Thinking Processes, the Strategy and Tactic Tree, TOC measurements, the Five Focusing Steps of TOC, and Six Sigma as a system of tools for sustainable improvement
Introducing an important new expression of management science called the Theory of Constraints (TOC), this book helps busy executives and professionals quickly learn and implement TOC principles. Introduction to the Theory of Constraints (TOC) Management System organizes several proven TOC principles, processes, and solutions into a TOC management system that has been successfully applied to everything from manufacturing industries to health care. The Theory of Constraints is based on the scientific method that has been developed and refined for nearly three decades by Dr. Eli Goldratt. The TOC management system offers management techniques that are sound, practical, and can be applied to nearly every company, project, or personal endeavor imaginable. It has created fundamentally new ways of managing, and has dramatically improved the ability of hundreds of thousands of individuals to make smart decisions on a daily basis. If you've read Eli Goldratt's bestselling books and wondered how to put his ideas to work, Introduction to the Theory of Constraints (TOC) Management System tells what TOC is, where it came from, who uses it, and how to get started with it.
This cutting edge, "how to" manual details proven methods for turning around chronically late, overbudget, and underperforming projects. Project Management in the Fast Lane explains how Theory of Constraints tools can be applied to achieve effective, breakthrough solutions in virtually any environment. It includes a complete discussion of the Criti
This book is written in the attempt to deal with two major questions: what are the thinking processes that enable people to invent simple solutions to seemingly complicated situations? and, the question of how to use the psychological aspects to assist rather impair, the implementation of those solutions in a mode of an ongoing process.
Today's managers encounter tremendous resistance in getting others to buy-in to change. The ongoing rounds of downsizing and upheaval have taken their toll, leaving a legacy of skepticism. Therefore, managers must not only have ideas, but must be experts at "selling" the correct answers, information, and measurements to address issues of change. Securing the Future uses the Theory of Constraints, a breakthrough improvement methodology, to provide solutions to today's management problems. It documents the step-by-step approach to achieving a strategic vision of long-term competitive advantage, employment security, and customer satisfaction. Using a combination of parable, methodology, and case studies, this book presents an in-depth management road map to exponential improvement in any organization. If you are looking for concrete ideas on how to build the intellectual capital your organization will need in order to thrive in years to come, Securing the Future will show you the way.
Alex Rogo is a harried plant manager working ever more desperately to try and improve performance. His factory is rapidly heading for disaster. So is his marriage. He has ninety days to save his plant - or it will be closed by corporate HQ, with hundreds of job losses. It takes a chance meeting with a colleague from student days - Jonah - to help him break out of conventional ways of thinking to see what needs to be done. Described by Fortune as a 'guru to industry' and by Businessweek as a 'genius', Eliyahu M. Goldratt was an internationally recognized leader in the development of new business management concepts and systems. This 20th anniversary edition includes a series of detailed case study interviews by David Whitford, Editor at Large, Fortune Small Business, which explore how organizations around the world have been transformed by Eli Goldratt's ideas. The story of Alex's fight to save his plant contains a serious message for all managers in industry and explains the ideas which underline the Theory of Constraints (TOC) developed by Eli Goldratt. Written in a fast-paced thriller style, The Goal is the gripping novel which is transforming management thinking throughout the Western world. It is a book to recommend to your friends in industry - even to your bosses - but not to your competitors!
Praise for Throughput Accounting: A Guide to Constraint Management "Throughput Accounting provides managers with a fresh set of eyes to identify and control bottlenecks. The drum, buffer, and rope will become part of the cost accounting lexicon in the future." —Geoffrey Garland, Controller, StacoSwitch, Inc. "This is good stuff! Steven Bragg has introduced us to an accounting structure that will enhance our bottom line utilizing throughput accounting methodology. Finally! We have a presentable means to transform a company's financial functions to support the cultural change to throughput accounting." —Rick J. Stevens, President, LeanThinkingbyAccountants, LLC "A thought-provoking, insightful, and useful book that explains how older conventions of accounting can lead to poor management decisions. Instead of focusing on typical cost-cutting methods only, Mr. Bragg provides CFOs with a systemic approach on how to instead focus on maximizing profits and become better business partners." —Arif Iqball, Executive Director and CFO, Avon Products Co. Ltd. Japan "Throughput Accounting by Steve Bragg presents a new way to evaluate and apply the concepts of cost accounting with greater impact on operational efficiencies. An interesting, understandable, and useful guide for anyone who needs a valuable source of information and ideas relating to financial and accounting affairs." —Carlos Millan, Director of Finance and Operations, NOLA, Grupo Quanam Throughput Accounting addresses every possible area of constraint management that would be of interest to an accountant. This groundbreaking book includes chapters covering financial analysis scenarios with case studies that show specifically how throughput accounting can be used to find the best solutions in a large number of real-world situations. If you are an accounting manager, financial analyst, production planner, or production manager, Throughput Accounting contains the tools you need to improve your company's performance.
An incredible ability awaits managers who practice Theory of Constraints (TOC) techniques: they can take a problem, look beyond the less important details, and directly identify the source of trouble. They've been known to promptly resolve perplexing matters - while the uninformed remain stuck.So many more managers could gain the benefit of TOC thi