About this Presentation
The question of what is TOC? continues be discussed on social media. Ray shares his insights and conclusions to answer that question derived from deployments across all levels and functions in many companies. To validate the answer, Ray will share an in-depth case study from the meteoric success of a renewable energy company, as well as ready-to-use guidelines to replicate that outcome.
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 speaker emphasized the importance of viewing organizations as systems rather than a collection of processes and functions, and highlighted that the true constraint to delivering high impact results is the paradigm of function and process efficiency.
The speaker shared insights on how TOC has been successfully implemented in various companies, including startups that have grown into multi-billion dollar entities. They emphasized that TOC should be seen as a broad philosophy rather than just a set of tools.
The speaker discussed the importance of shifting from a focus on process efficiency to system effectiveness, using examples from companies like Tesla and Amazon.
Instructor(s)
Ray Immelman
Ray has been in management consulting and executive management positions. He started off as industrial engineer in manufacturing/shop-floor work, progressing to the current position of head of Akzeon Inc. – a management consultancy specializing in long-haul strategy consulting engagements with companies interested in sustainable growth. Ray is a CMC-accredited Management Consultant with ICMCI.
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.