Archive for TOC
Thinking Process and System Thinking in Management eBook
Posted by: | CommentsThis is a transcription of a podcast with Bill Dettmer, Senior Partner of Goal Systems International. Bill is the author of The Logical Thinking Process: A Systems Approach to Complex Problem Solving
Joe: One of the things that ? and this is going to be my Six Sigma side coming out. Don’t you have to support all this with data? You can’t be intuitive about everything because sometimes just the outward appearance of something lies to you if you don’t have the supporting data.
Bill: Yes, you’re absolutely right. Where does the data become most important? The data is most important in the identification of the problem. It’s not in the creation of the solution because that’s a projection of what should happen in the future. It’s not in the establishment of the goal and the necessary conditions because those are value judgments. But, when you start to analyze what the problem is, in other words when you’re building the current reality tree, that’s where data become really important. One of the key lessons I try to convey in my thinking process courses is the most critical of all of the categories of legitimate reservation is entity existence.
Systemizing your Approach to Management with Bill Dettmer
Related Podcast: Systemizing your approach to management, Podcast with Bill Dettmer
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Thinking Process and System Thinking in Management eBook
Developing Predictive Measures with Throughput Accounting
Posted by: | CommentsDr. Charlene Spoede Budd was my guest on the Busienss901 Podcast and as you would expect our discussion was about the Theory of Constraints Through-put Accounting methods and the application of the knowledge that we gain from this information. We discussed the use of accounting throughout the organization for developing predictive measures versus reactive. This is not your regular accounting discussion. 
Dr. Budd was a contributor to the recent Theory of Constraints Handbook
- Traditional Measures in Finance and Accounting, Problems, Literature Review, and TOC Measures (Chapter 13 of Theory of Constraints Handbook)
- A Critical Chain Project Management Primer (Chapter 3 of Theory of Constraints Handbook)
Charlene Spoede Budd is a Professor Emeritus from Baylor University, where she taught management accounting and project management classes for a number of years. She is certified in all areas of the Theory of Constraints and is the Chair of the Finance and Metrics Committee of the Theory of Constraints International Certification Organization. Her research has been published primarily in practitioner journals and she has been awarded three Certificates of Merit for articles published in Strategic Finance. Dr. Budd has co-authored two accounting textbooks with her most recent book, A Practical Guide to Earned Value Project Management.
The subject matter may seem a tad dry but give this podcast a chance, I do not think you will be disappointed!
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Using Theory of Constraints to handle Uncertainy in Decision Making
Posted by: | CommentsThis is a transcription of a podcast I had with noted Theory of Constraints author and expert Eli Schragenheim . Eli as been part of the Theory of Constraints movement practically from the beginning. He started working with Dr. Goldratt as a programmer to program a game for adults that would teach them how to think over 25 years ago. During the podcast we dove into the subject of Uncertainy! A great discussion, that affects our everyday life and how it relates to forecasting and even our intuition.
He is the author of Management Dilemmas: The Theory of Constraints Approach to Problem Identification and Solutions. He recently collaborated with William Detmer and Wayne Patterson on the book Supply Chain Management at Warp Speed: Integrating the System from End to End
You can contact Eli Schrangenheim through his e-mail @ elyakim@netvision.net.il
Related Podcast: Removing Uncertainy in your Decision Making
Business901 Related Information:
Theory of Constraints Roundup
Holistic approach to the Theory of Constraints.
Theory of Constraints Handbook
Removing Uncertainy in your Decision Making
Posted by: | CommentsI had great pleasure having Eli Schragenheim on the Business901 Podcast. Eli has been part of the Theory of Constraints movement practically from the beginning. He started working with Dr. Goldratt as a programmer to program a game for adults that would teach them how to think over 25 years ago. During the podcast we dove into the subject of Uncertainy! A great discussion, that affects our everyday life and how it relates to forecasting and even our intuition.
From the Podcast: We cannot really predict the future. We can predict some reasonable range of the future needed to make a decision. This is hard for forecasting. Forecasting is an unbelievably important tool for managers, but again they need to understand what does it mean and what does it contain and how wrong could it be.
In the past 25 years, Eli Schragenheim has taught, spoken at conferences, and consulted in more than 15 countries, including the United States, Canada, India, China, and Japan. He has also developed software simulation tools especially designed to experience the thinking of TOC, and consultant with several application software companies to develop the right TOC functionality in their own packages. Mr. Schragenheim was a partner in the A. Y. Goldratt Institute and is now a Director of Goldratt schools.
He is the author of Management Dilemmas: The Theory of Constraints Approach to Problem Identification and Solutions. He recently collaborated with William Detmer and Wayne Patterson on the book Supply Chain Management at Warp Speed: Integrating the System from End to End
You can contact Eli Schrangenheim through his e-mail @ elyakim@netvision.net.il
Business901 Related Information:
Theory of Constraints Roundup
Holistic approach to the Theory of Constraints.
Theory of Constraints Handbook
