About this Presentation
This workshop describes the goal (and necessary conditions) of an organization, its measurement and methods to achieve the goal. The thinking processes and the logistics applications (operations, distribution, project management, and throughput accounting). After describing the organization goal, other TOC assumptions are described including an organization goal being more than the sum of the goals of the organization parts, a few resources dictating the organization performance and effectiveness of cause and effect logic. Concepts and details of cost world and throughput world are described in addition to measures for the organization, and functional areas (marketing, operations, project management, etc.).
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.
Instructor(s)
Rocco Surace
Rocco Surace - past Chairman of TOCICO. He is a partner of Bonadio & Co a top 50 CPA firm in the US. He is co-author of the recently published Throughput Economics, which develops a practical methodology for better decision making by looking at the impact of decisions on a company’s bottom line, including the financial impacts, capacity limitations and the impact of uncertainty.
Rocco facilitates the discussion and open with his observations on what opportunities lie ahead.