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One of Dr. Eli Goldratt’s life goals was to ‘Teach the world how to think’. Some TOC practitioners feel that it was a lofty and ambitious goal, maybe even presumptuous. To me, it is a very inspiring goal. During his lifetime, Dr. Goldratt repeatedly insisted that he was not a genius. He stressed on using […]
In my previous post, I wrote about the basic premise of inherent simplicity underlying TOC Thinking Processes (TOC TP). Dr. Goldratt was a thinker who provoked others to think. He introduced simple, practical TOC TP tools in Its Not Luck, the sequel to THE GOAL. The starting point in using TOC TP tools is articulating […]
Theory of Constraints (TOC) was first introduced by Dr. Eli Goldratt in his best-seller The Goal. Millions of people around the world could relate to the journey of Alex Rogo, the protagonist, and his tale of turnaround at UniCo. In an interview to CNBC, Jeff Bezos shared that The Goal is one of the top […]
At Goldratt India, we’ve been working with organizations for over 22 years, to increase sales, profit and cash by an order of magnitude. Since 2015, our focus has shifted from increasing EBITDA/ sales, to increasing cash in the bank. Money in the bank is vey simple to measure. We do not need any financial accounting for […]