Versions Compared

Old Version 6

changes.mady.by.user Eliot Muir

Saved on

compared with

New Version 7

changes.mady.by.user Eliot Muir

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Expand
titleThis is the Theory of Constraints - as popularized by Eliyahu Goldratt,

Eliyahu Goldratt was an Israeli physicist turned business consultant who popularized the Theory of Constraints in his novel “The Goal”.

The Goal is written as fiction novel about a manager in a mid west manufacturing plant that is about to go under. He mets character that sounds like like Eliyahu who through a series of questions gets him to think harder about the operation of his factory and turns things around by applying the idea of locating the most significant bottlenecks and solving each one in turn.

video1727421730.mp4
Expand
titleIdentifying the bottleneck is the most important thing to do first, then fix it.

This is one of the most important ideas from the theory of constraints. If only one factor limits a system at a given time, then the only worthwhile thing to do is to fix it. Effort expended fixing things which are not the bottleneck won’t have any benefit until the biggest bottleneck is solved.

...