Lean Insight and Product Reviews
Welcome to the fourth entry in the Theory of Constraints series. Much of the first three entries covered the basics behind the theory, including a broad overview of the process and the Five Focusing Steps in part one, the Thinking process in part two, and the accounting method known as Throughput Accounting in part three. This post will now compare and contrast the Theory of Constraints and Lean thinking. Lean and the Theory of Constraints …
A major focus within the Theory of Constraints is on increasing sales, rather than cutting costs. To keep the focus on sales, implementers of the process use an accounting method known as Throughput Accounting. The following is the third entry in a series of posts that explore the Theory of Constraints and it’s methodology. Part one of the Theory of Constraints series, offered a broad overview of the process, defined constraints, and provided a simple …
The following is the second entry into a series of ongoing posts that explores the Theory of Constraints and it’s methodology. Part one in the Theory of Constraints series gave a broad overview of the process, defined constraints, and offered a simple breakdown of the Five Focusing Steps. Part two will now expand on the Thinking Process behind the Theory of Constraints. The Theory of Constraints Thinking Process Like Lean, the Theory of Constraints takes …
The Theory of Constraints is a popular methodology for organizational change and improvement that was first conceptualized by Dr. Eliyahu Goldratt and introduced through his bestselling novel, The Goal: A Process of Ongoing Improvement. The Theory of Constraints popularity grew quickly and is now a very popular methodology among many organizations. It’s growth and popularity has driven many to compare it to another improvement methodology that is also very popular –Lean. This is the first in a …