About this Presentation
The proposed five focusing steps of the business transformation clarify Goldratt's three questions of continuous improvement and focus our attention on limiting assumptions. Five focusing steps allow you to conduct a reliable, sustainable transformation of any business that is relevant to its state and market (TOC, Lean, Agile, digital).
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 process of ongoing improvement often fails, with 50 to 70% of initiatives to improve organizations being unsuccessful.
The Theory of Constraints (TOC) can be a useful tool for identifying the limited assumptions of a company and guiding its improvement.
For TOC to be successfully applied, the culture of a company must undergo a serious transformation.
Instructor(s)
Victor Valchuk
Victor Valchuk obtained his PHD (Physics) from the Tomsk State University (Russia) in 1993. He is Founding Partner of ARB - consulting, a leading expert in strategy, marketing, project, operations, and supply chain consulting. He has 24 years of consultancy experience and 12 years practical experience in TOC field. He is TOCICO-certified. Victor was the project leader for the implementation of TOC in more than 60 companies in Russia, the facilitator of 50 workshops. Author of the “Integrate sales pipeline Concepts”, Creator of www.tocpeople.com, «Ecosystem for Business transformation».
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.