About this Presentation
This presentation aims to make Theory of Constraints (TOC) compatible with the original Agile, and thus come to a more powerful integrated and synergistic model for a more effective way to manage software engineering -- one that is truly agile, yet guided and informed by TOC.
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.
The presentation discusses the integration of Agile and Theory of Constraints (TOC) in managing software engineering organizations. It introduces the concept of 'Four Flows' (psychological, informational, operational, financial) to resolve the clash between Agile and TOC.
The speaker introduces the concepts of 'Moves' and 'Throughput Accounting' to maximize the speed of generation of money. He also discusses the concepts of 'Work Process Constraint', 'Workflow Constraint', and 'Work Execution Constraint' to identify and manage the constraints in the system.
The presentation highlights the importance of psychological flow in enhancing the performance of the teams. It suggests introducing management by exception to enhance psychological flow. It also discusses the integration with Critical Chain Project Management in the context of larger projects.
Instructor(s)
Steve Tendon
Steve Tendon is the Managing Director of TameFlow Consulting Limited. He is the creator of the "TameFlow Approach:" a pragmatic systems-thinking approach that delivers superior business outcomes in knowledge-intensive digital businesses, without compromising sustainability, quality or humanity. Steve's expertise covers: organizational performance; large scale IT/Digital/Agile transformations; engineering/knowledge-work management; decentralized organizations; organizational design and more. In his most recent book, "Tame your Work Flow," Steve focuses on how to apply the Theory of Constraints to knowledge-work, and in particular how to handle coordination, synchronization and prioritization in so called "PEST" environments: environments where you have multiple Projects or Products; multiple Events or deadlines; multiple Stakeholders; and multiple Teams. His techniques provide business with the agility to change direction at speed and at scale by dramatically improving performance even in extreme VUCA (volatility, uncertainty, complexity and ambiguity) conditions. Steve is furthermore a world-class expert on Blockchain Technologies, providing strategic advisory services to startups, multi-nationals and governments.
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.