About this Presentation
This presentation describes the quest of Nerius from being introduced to theory of constraints (TOC) to making it a significant factor in the Lithuanian government. Narius's introduction to TOC was forced by an ultimatum by his father, the Minister of Industry: Read The Goal or leave home. Later as a joke, he and some friends started a blog (common sense) describing mistakes made in business and in government. Today it is the largest blog in Lithuania. Some history of Lithuania is provided: 3 million population, regained independence in 1990, part of European Union. In 2009 the Lithuanian President wanted a country vision; in response and as a joke Nerius and his friends described as the goal of the country: To be happy people. To achieve this goal they wanted improvements and measurements in three areas: the economy, education and healthcare. Measures were put in place for each of the three areas. For example for the economy, how many jobs exist today and what is the added value per job. The presentation then describes a couple TOC projects: Guarantee Funds success story (reported in last year's TOCICO conference; lead times to pay business employees when their employers went bankrupt was reduced from 18 months to 2.1 months during a doubling of demand and with no increase in government investment or operating expense) and a TOC project in healthcare. One past and two future TOC conferences are described.
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)
Nerius Jasinavicius
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.