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HIGHLIGHTS
DOCUMENT DESCRIPTION
The Theory of Constraints (TOC), developed by Dr. Eliyahu Goldratt, is a methodology for identifying the most important limiting factor (i.e. constraint) that stands in the way of achieving a goal and then systematically improving that constraint until it is no longer the limiting factor.
There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it.
TOC adopts the common idiom "a chain is no stronger than its weakest link." This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome.
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Source: Best Practices in Process Improvement, Theory of Constaints, Eliyahu Goldratt PowerPoint Slides: Theory of Constraints PowerPoint (PPT) Presentation, PPT Lab
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DETAILS
This business document is categorized under: Business Framework Primers
File Type: PowerPoint (ppt)
Tag(s): Process Improvement Theory of Constaints Eliyahu Goldratt
Number of Slides: 19 (includes cover, transition, & marketing slides)
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Upload date (first version): Jan 18, 2016
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