About this Presentation
TOC claims that the more complex the situation, the simpler the solution must be. One of the greatest challenges the world has faced is the current pandemic. World leaders have oscillated between shutdowns and business as usual amid a turbulent cascade of dilemmas, difficulties and doubts. The human and economic consequences of the leaders’ actions are still unfolding, as is the evolving penetration of COVID19 into humanity’s herd immune system. Is it possible to find inherent simplicity in this chaos? Is there a way to better prepare for the things that mother nature will continue to throw at us? Can solutions be found using the tried and tested TOC thinking processes, identifying and exploiting constraints and adapting CCPM to healthcare? The development of Exepron Health, a patient centered, forward looking length of stay (LOS) management system at the Erlanger Children’s Hospital NICU (Neonatal Intensive Care Unit) has shown the way to handle significant oscillations in ICU demand and appropriately manage future resource requirements. The analysis of four years of data provides predictive insights into the impact of co-morbidities and the combination of this data with artificial intelligence can generate new insights. Finally, a reflection on the impact of “The Goal” on a personal journey from “Bottles to Babies” and beyond. is testimony to the lasting impact of Eli Goldratt’s masterpiece. Video length: 1:00:04. PDF: 71 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.
The COVID-19 pandemic has brought about complex challenges that have affected health, safety, and the economy. The speaker emphasizes the importance of leaders aiming to build an ever-flourishing society, maintaining and improving societal health and safety, and creating value and satisfaction for a majority of individuals.
The speaker discusses the TOC thinking processes as a potential solution for finding inherent simplicity in the chaos brought about by the pandemic. These processes involve examining and challenging assumptions and looking for ways to maintain and improve health and safety while keeping the economy going.
The speaker highlights the unpreparedness of the US healthcare system for a pandemic, leading to a major strain on resources and potential economic collapse. The speaker suggests that healthcare systems should be prepared for such crises to avoid unnecessary strain on resources and economy.
Instructor(s)
Bill Taylor
Born and raised in Argentina, Bill holds a degree in Chemical Engineering from the Universidad de Buenos Aires and an MBA from Florida International University in the United States. With over 30 years of experience at The Coca-Cola Company, Bill advanced from flavor chemist to CEO of Coca-Cola's $1 billion bottling company in Curitiba, Brazil. Throughout this journey, he managed operations and projects across 30 countries, gaining deep expertise in global business management and supply chain optimization.
In 2002, Bill founded a consulting firm specializing in business strategy and change management, leveraging Eli Goldratt’s Theory of Constraints (TOC). The firm has advised organizations in diverse industries including healthcare, logistics, retail, and energy. Currentlybased in Atlanta, Bill continues to apply TOC methodologies through consulting and coaching.
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.