About this Presentation
In this presentation, the current state of the economy (2009) is described. Unemployment is over 9% and rising. Gross domestic product has decreased by over 3%. Ten million homes have mortgages that exceed their market value. The presenter poses the question of whether TOC can help solve these problems. Can the politicians’, bureaucrats’, financiers’, bankers’, etc. plans of pushing money into the economy work? Can the best practices of TOC (thinking processes, throughput accounting, critical chain, supply chain logistics, business strategy) help? We should teach the world TOC. First Solar Manufacturer (manufactures solar panels) was discussed. For five years it has been growing at 200% per year. What if all businesses were managed with TOC similar to First Solar? They would be profitable, provide secure employment, low stress, content customers, successful suppliers growing tax base, stable families, and continual growth. The Japanese Ministry of Public Works is also discussed in their use of and growth of critical chain in projects over the past 7 years. Skip provides a detailed prescription for expanding TOC into the main way.
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 speaker believes that the Theory of Constraints (TOC) can be a solution to economic recession, and encourages the audience to be 'unreasonable' in their efforts to solve problems, implying that traditional methods are not sufficient.
The speaker emphasizes the importance of collaboration, networking, and relationship building in spreading the knowledge and application of TOC. He suggests forming alliances with other TOC consultants and companies, and using various methods to create demand for TOC, such as articles, stories, speakers, and Web 2.0.
The speaker provides various actionable recommendations for the audience, such as using TOC to focus efforts and quickly improve output, teaching the world about TOC, and being persistent in calling or writing to potential clients or partners.
Instructor(s)
Skip Reedy
Skip Reedy is a Mechanical Engineer with an MBA in Finance. He became a Jonah in 1998 while a design engineer at Boeing near Seattle. He was an internal TOC consultant on very large Critical Chain projects. He retired to create his own consulting firm, 37 © 2009 TOCICO. All rights reserved. CCPM Consulting LLC. Some of his clients are Boeing Satellite Systems, Puget Sound & Portsmouth Naval Shipyards, Marine Corps Logistics Base and First Solar. He has worked with Vector Strategies, Afinitus, Accelerate and Goldratt Consulting. He is certified in CCPM and for Tony Rizzo’s CCMPM workshop.