About this Presentation
This action-packed presentation is designed specifically for the leaders of corporate divisions or business units who want to rise above the normal process of sand bagging at budget time and praying at year-end for a “miracle adjustment” to only achieve so-so results. We are going to tell you how to add – at least – 5 percentage points (not a measly 5%) straight to your bottom-line – in the next twelve months, not in some distant, promised, never to be seen future. This hardcore, results-focused presentation is for managers that want to make real money, take control and get real results. If you implement what we discuss in this presentation, you can beat the budget and won’t have to rely on excuses at review time ever again. You’re going to know exactly where you stand and where you need to go to produce the results you want. You can be the envy of your peers and held up as a star performer, year after year. You see, the tools of TOC should be used for making money, now and in the future. They should not be used to improve flow, lead-times, quality, process or anything else. Those are positive side-effects. The reason the tools exist are to be used to make more money, now and in the future. As Dr. Goldratt said, “Anything that improves the bottom line is an improvement. Anything else is an ego trip.” We couldn’t agree more and that’s exactly what we’re talking about in this presentation: improving the bottom line. So, leave your ego at the door. With Throughput Accounting, the real situation is brought into focus and what emerges is the unavoidable truth. Knowing the real numbers that Throughput Accounting provides allows one to take control and dictate their future, not simply unintentionally reacting to events deemed beyond their control. Video length: 1:00:00. PDF: 55 slides.
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)
Brad Stillahn
Brad Stillahn: As the owner of Adstick Custom Labels in the late 1990’s, Brad developed the world’s first comprehensive system – for costing, quoting, and pricing to make more money – based on the Theory of Constraint’s (TOC) Throughput Accounting. With Science of Business, he expanded the Job Shop Pricing System to ensure that it would work universally for complex custom job shops, machine shops, and custom manufacturers of all sizes, types, and a wide variety of industries. Brad was Director of Corporate Marketing for Menasha Corporation, a large privately held, multi-divisional company based in Wisconsin. He previously held a variety of management responsibilities at Owens-Illinois, a publicly traded multibillion-dollar packaging company. Brad is TOCIO certified as a TOC Expert, is a Certified Exit Planner (CExP) by the Business Enterprise Institute, and has APICS certifications in Production and Inventory Management (CPIM) and Integrated Resource Management (CIRM). He received his MBA from Washington University in St. Louis.
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.