About this Presentation
Centurion Systems design and manufacture access control systems and are part of the global FAAC Group. They began using Critical Chain Project Management in 2013, when it was applied to their R&D portfolio, developing new products. Within 6 months of its introduction, they completed 14 projects, compared to the historical performance of 2-4 projects a year. In the past 6 years they have completed on average 45 projects a year - over 10 times more than they achieved before using Critical Chain. In this presentation Christo will describe Centurion's 7 years of experience in using Critical Chain, and how this contributed to the success of the business. Starting in the R&D department, he will describe the results from, and challenges with, changing how projects were planned and managed. He will describe the steps that the company took to build on initial successes, and to continuously improve the performance of their projects across the whole organization. As well as Critical Chain, Christo will describe some of the other critical success factors in their performance transformation.
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.
Adapting new methodologies is crucial for staying ahead in business. This was a key insight shared by Christo, who highlighted the importance of being open to change and innovation in a business environment.
Games can be a useful tool for helping people understand complex concepts such as project and portfolio planning. Christo shared his experience of using games to help people understand the implications of their decisions in project planning.
Effective resource management is key to preventing overloading and ensuring project success. Christo emphasized the importance of not overloading resources and managing them effectively to ensure the success of projects.
Instructor(s)
Christo Wentzel
Christo Wentzel is very much a family man, and his one son and one daughter are a great source of pride in his life, and it is this profound sense of purpose that forms the basis of everything that he does. He started his professional career in 1993 when he started working as a master technician but, before that, he established a strong theoretical foundation for his future career in the technical and engineering field, studying electrical heavy engineering. From there, his journey has led him on some very interesting and challenging pursuits, all of which he has thoroughly enjoyed and given his all to and equipping himself for future professional endeavors including becoming an R & D project manager in 1998 and spending the past eight years implementing and facilitating Critical Chain Project Management and Theory of Constraints Project Management. From an extramural and recreational point of view, you’ll most likely find him trail running, road running or in the cross-fit gym. Fitness is a very important aspect of his life, and he enjoys challenging himself to achieve new levels of strength and endurance.
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.