About this Presentation
This presentation was facilitated by Eli Schragenheim. Behind each of the TOC applications there are several key basic assumptions. While those assumptions are valid in many situations, there are cases where they do not apply. Thus, the regular documented TOC solution should be modified. There are “natural” modifications required like setting buffer sizes, but in other cases the modifications call for adding and/or replacing injections. In this workshop, Mickey, in a conversation with Eli Schragenheim, will present several examples of a need to deviate from the prescribed solution, but still be in line with the key logic and insights that created the original solution, covering all negative-branches. The examples will cover Production, Projects and Replenishment and through them a pattern on how to identify a valid need to deviate from the solution and how to find the effective modified solution that still conforms to the basic insights. This webinar will include the presentation along with a Question and Answer session.
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 Theory of Constraints (TOC) applications are based on several basic assumptions that are valid in many situations, but there are cases where they do not apply and the TOC solution should be modified.
It is important to validate the assumptions in the TOC process and not take them for granted. In cases where the assumptions are not valid, the TOC solution should be modified accordingly.
Avoid blaming the customer for not following instructions if the TOC solution is not working; instead, reevaluate the assumptions and modify the solution as needed.
Instructor(s)
Mickey Granot
Mickey Granot has been a TOC practitioner for 30 years now. Mickey spent many years working as Eli Goldratt's right-hand-man in developing the TOC body of knowledge and disseminating it to consultants and customers globally, and eventually was the CEO of Goldratt Group. Since he left the Goldratt Group, Mickey dedicated his attention into continues development of the knowhow and its practical aspects helping customers globally achieve and sustain breakthrough performance in operations and business.
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.