About this Presentation

This presentation describes the quest of Nerius from being introduced to theory of constraints (TOC) to making it a significant factor in the Lithuanian government. Narius's introduction to TOC was forced by an ultimatum by his father, the Minister of Industry: Read The Goal or leave home. Later as a joke, he and some friends started a blog (common sense) describing mistakes made in business and in government. Today it is the largest blog in Lithuania. Some history of Lithuania is provided: 3 million population, regained independence in 1990, part of European Union. In 2009 the Lithuanian President wanted a country vision; in response and as a joke Nerius and his friends described as the goal of the country: To be happy people. To achieve this goal they wanted improvements and measurements in three areas: the economy, education and healthcare. Measures were put in place for each of the three areas. For example for the economy, how many jobs exist today and what is the added value per job. The presentation then describes a couple TOC projects: Guarantee Funds success story (reported in last year's TOCICO conference; lead times to pay business employees when their employers went bankrupt was reduced from 18 months to 2.1 months during a doubling of demand and with no increase in government investment or operating expense) and a TOC project in healthcare. One past and two future TOC conferences are described.

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.

Plane

Instructor(s)

Nerius Jasinavicius

Become a Member Today

Ignite your TOC journey—gain powerful tools and insights, connect with a global network of innovators, and invest in your growth with everything TOCICO membership has to offer.