About this Presentation
Acquiring companies using TOC principles, and the improving their performance using simple, powerful TOC solutions is part of GCPL's culture now. Each acquisition in different parts of world brings a challenge for core TOC team to quickly understand the culture of the company, complexities in business and develop and implement simple solutions to see significant improvement in performance in short times. Recently GCPL acquired a company in the US, wherein a thin team manages a complex business of wet hair care products. This presentation is about the TOC implementation in this company, the unique challenges faced, flow solutions deployed and results gained in a short time span. It describes: What is THE VALUE for the customers of the company and its relationship with the FLOW Process of aligning / subordinating all functions towards the global goal of ˜Creating significant value for the customers and FLOW improvement initiatives can create significant value for the customers in a short period of time. The focus on FLOW provides a strong platform for the teams to collaborate and also improves harmony. Since there is clarity on what is the significant need of the customers, it is now pursued by teams who hitherto had seemingly conflicting local measures. This presentation covers how the company is using TOC solutions to improve flow, and focus on the significant need of customers. Company continues to use innovative yet simple TOC solutions, which are internally developed.
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.
Instructor(s)
Rakesh Sinha
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.