About this Presentation
The discussion was over and we were rushing to find a quiet place in Berlin to rethink each thought. Late event, organized by Michael Demere, wasn’t announced in the official programme of the TOCICO Annual Conference 2017, but it addressed the question of our lives. It was no doubt we finally found a solution, we just needed to calm down to connect the dots. A few hours later THE STRATEGY OF THE MOST PROFITABLE INVESTMENT FUND was ready and we, three TOC partners, toasted to inevitable success. This really seemed to be our roadmap to escape consulting. A thing that we’ve been doing well and at the same time hated for the last 10 years. 30 years of combined experience and combined frustration. You must be a fool to consult others how to move on the red curve while staying below the green yourself for years. 2 years later we remain on the same path. No changes in the strategy. No panic after yet another fail. No cash (as of March 2019). And no doubt our first cash-constrained plant that we run since the end of 2018 will grow from ¬ 3,5M to ¬ 100M in a few years. Video length: . PDF: 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)
Mindaugas Voldemaras
Mindaugas Voldemaras is a co-founder of Enterprise Space, Inc., a company that is building an ERP SaaS solution based on TOC principles for mid-sized manufacturing companies. He is also a co-founder of TOC Sales and Marketing, which has been implementing TOC in sales for industry leaders in Aviation, Transportation, Energy, Telco, and various manufacturing sectors since 2012. Mindaugas has extensive experience as a hard-tech entrepreneur and innovator. He has launched the TOC Operations MBA course at the ISM Executive School in Vilnius, Lithuania.
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.