About this Presentation
In this one-hour presentation, Eli Schragenheim defines an insight as recognizing a cause-and-effect structure that can be applied to variety of situations. TOC has come up with several powerful insights that carry the potential of achieving huge value. Eli Schragenheim presents his chosen seven key insights and discusses their value beyond the immediate use within the TOC applications. The insights are: 1. The constraint / bottleneck 2. Visible buffers 3. Buffer management 4. Throughput 5. Conflict resolution 6. Inherent simplicity 7. Decisive competitive edge and the essence of strategy and tactic. The wide use of each one of those insights is the core of this presentation.
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.
The power of an insight lies in understanding the cause and effect behind it and being able to apply it widely.
Visible buffers are invaluable to monitor the actual state of the buffer, which can be used to deduce what special effort is required to accomplish the objectives.
Human based system has to be inherently simple, meaning it is possible to reasonably predict the near future performance.
Instructor(s)
Eli Schragenheim
Eli Schragenheim is a well-known international management educator, author and consultant active in various fields of management. He worked with a huge variety of organizations all over the world, including public-sector organizations, industrial, high-tech and start-ups. Since he had joined Dr. Eliyahu M. Goldratt, the famous creator of the Theory of Constraints (TOC) in 1985, Eli Schragenheim had taught, spoke at conferences, and consulted all over the globe. Eli Schragenheim is the author of several books on various aspects of management. His last book, Throughput Economics – Making Good Management Decisions, together with Henry Camp and Rocco Surace, was published in July 2019. Eli Schragenheim first book Management Dilemmas (1998) showed a variety of problematic situations in management and the rigorous analysis leading to the right solution. Next he collaborated with William H. Dettmer in writing Manufacturing at Warp Speed. In this book the new concept of Simplified-DBR, now a key concept in production planning according to TOC, was introduced. He collaborated with Carol A. Ptak on ERP, Tools, Techniques, and Applications for Integrating the Supply Chain, and with Dr. Goldratt and Carol Ptak on Necessary but Not Sufficient. In 2009 his book Supply Chain Management at Warp Speed, with William H. Dettmer and Wayne Patterson was published. In March 2015, Eli has opened a blog, now containing more than 140 articles on various topics in TOC that everybody can access.