About this Presentation
Goldratt described TOC in one word: Focus. But, do we fully understand what we should focus on? What should we definitely not focus on? How many issues should be within our focus? What is the difference between the focus for the organization and the individual focus on one manager? Just to feel the potential dilemma, let’s remember one insight of Goldratt: Segment your market – do NOT segment your resources. Don’t you think that segmenting the market might de-focus the marketing efforts? Let’s have a discussion, even a debate, after a relatively short presentation.
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 concept of focusing is central to the Theory of Constraints (TOC). It's important to strike a balance between a narrow and wide focus to effectively manage an organization.
Management attention is a critical resource that needs to be effectively focused. Too narrow a focus can lead to missed opportunities, while too wide a focus can lead to a lack of depth in any area.
There are two critical flows within any organization: the current flow of products and services to current customers, and the flow of initiatives aimed at improving organizational performance. Both of these flows require careful management and focus.
Instructor(s)
Eli Schragenheim
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.