About this Presentation
In this keynote presentation, Dr Eli Goldratt defines what the Theory of Constraints (TOC) is briefly then lays out the different assumptions of TOC putting them into a four-day workshop format titled Now and in the Future.
Briefly for those individuals that understand TOC, TOC has two assumptions of reality: Reality is built on inherent simplicity and the fact that people are good. These two facts of life are combined as: IF reality is built on inherent simplicity and people are good Then TOC.
What this means is that if people understood that if they fully understood reality (have the correct perception of reality) and understood that people are good (they want to do the right things) THEN they would have a goal, vision, mission, strategy and tactics, policies and procedures and culture that supported their organization. This would be TOC! Eli then said that only TOC experts would understand this simple definition. He then lays out the parts of TOC and discusses how this would be taught as a four-day workshop.
Briefly for those individuals that understand TOC, TOC has two assumptions of reality: Reality is built on inherent simplicity and the fact that people are good. These two facts of life are combined as: IF reality is built on inherent simplicity and people are good Then TOC.
What this means is that if people understood that if they fully understood reality (have the correct perception of reality) and understood that people are good (they want to do the right things) THEN they would have a goal, vision, mission, strategy and tactics, policies and procedures and culture that supported their organization. This would be TOC! Eli then said that only TOC experts would understand this simple definition. He then lays out the parts of TOC and discusses how this would be taught as a four-day workshop.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Understand what the Theory of Constraints (TOC) is from its inventor
Understand the main assumptions and pillars of TOC
Instructor(s)
Eliyahu M. Goldratt
Dr. Eliyahu (Eli) M. Goldratt was an educator, author, physicist, philosopher and business leader, but first and foremost, he was a thinker who provoked others to think. Characterized as unconventional, stimulating, and a "slayer of sacred cows," Eli urged his audience to examine and reassess their business practices and conventional paradigms.
Eli Goldratt is known as the father of the Theory of Constraints (TOC), a process of ongoing improvement that continuously identifies and leverages a system's constraints in order to achieve its goals. He introduced TOC's underlying concepts to a wide audience through his business novel, The Goal which has been recognized as one of the best-selling business books of all time. First published in 1984, The Goal has been updated three times and sold more than 7 million copies worldwide. It has been translated into 32 languages. Since then, TOC has continued to evolve and develop, and today it is a significant factor within the world of management best practices.
Heralded as a "guru to industry" by Fortune magazine and "a genius" by Business Week, Dr. Goldratt continued to advance the TOC body of knowledge throughout his life, building on the Five Focusing Steps (known as the process of ongoing improvement or POOGI) with TOC-derived tools such as Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and the Thinking Processes. He authored ten other TOC-related books, including four business novels.
Born in Israel on March 31, 1947, Dr. Goldratt earned a Bachelor of Science degree from Tel Aviv University, and a Master of Science and Doctor of Philosophy from Bar-Ilan University. He is the founder of TOC for Education, a nonprofit organization dedicated to bringing TOC Thinking and TOC tools to teachers and their students, and Goldratt Consulting. In addition to his pioneering work in business management and education, Dr. Goldratt holds patents in a number of areas ranging from medical devices to drip irrigation to temperature sensors. He died on June 11, 2011, at the age of 64.
Eli Goldratt is known as the father of the Theory of Constraints (TOC), a process of ongoing improvement that continuously identifies and leverages a system's constraints in order to achieve its goals. He introduced TOC's underlying concepts to a wide audience through his business novel, The Goal which has been recognized as one of the best-selling business books of all time. First published in 1984, The Goal has been updated three times and sold more than 7 million copies worldwide. It has been translated into 32 languages. Since then, TOC has continued to evolve and develop, and today it is a significant factor within the world of management best practices.
Heralded as a "guru to industry" by Fortune magazine and "a genius" by Business Week, Dr. Goldratt continued to advance the TOC body of knowledge throughout his life, building on the Five Focusing Steps (known as the process of ongoing improvement or POOGI) with TOC-derived tools such as Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and the Thinking Processes. He authored ten other TOC-related books, including four business novels.
Born in Israel on March 31, 1947, Dr. Goldratt earned a Bachelor of Science degree from Tel Aviv University, and a Master of Science and Doctor of Philosophy from Bar-Ilan University. He is the founder of TOC for Education, a nonprofit organization dedicated to bringing TOC Thinking and TOC tools to teachers and their students, and Goldratt Consulting. In addition to his pioneering work in business management and education, Dr. Goldratt holds patents in a number of areas ranging from medical devices to drip irrigation to temperature sensors. He died on June 11, 2011, at the age of 64.