Topic: Apply Theory of Constraints (TOC) to get breakthrough results for your organization
Date: Thursday, 14 Jul 2009
Time: 7:15 p.m. to 9:30 p.m.
We are pleased to have Ir. Dr. Francis Kua, Executive Director of Constraints Management Center with us to share the Theory of Constraint (TOC) application in driving breakthrough business results.
Theory of Constraints (TOC) is an overall management philosophy that aims to maximize profits in an organization or system that has a demonstrated bottlenect. It is a management philosophy developed by Eliyahu M. Goldratt which is useful in identifying core problems of an organization. According to TOC, every organization has one key constraint which limits the systems performance relative to its goal. These constraints can be broadly classified as either an internal constraint or a market constraint. In order to manage the performance of the organization, the constraint must be identified and managed correctly. Topics include the 5 focusing steps in TOC, the thinking process and a real life case study were shared in the seminar.
Francis is an experienced consultant in the use of TOC application, Six Sigma and Lean to improve enterprise business throughput. Francis has been involved in wide range of training, coach SME CEOs to improve the sales, operations, distributions as well as net profit within a short period and least investment.
The seminar is well received by over 30 participants. We would like to thank Francis again for sharing his fountain of wisdom.