International Six Sigma Council - Six Sigma Professionals Registration Body

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.