Rami Goldratt Keynote - Leveraging Theory of Constraints to Maximize Flow and Long-Term Success
“Every organization has countless opportunities for improvement, but only a few points—what we call constraints or bottlenecks—govern the pace and performance of the entire system,” said Rami Goldratt, who gave the closing keynote presentation at the Baldrige Performance Excellence Program’s 36th Quest for Excellence® Conference last week. “When we identify these points and enable smooth flow through them,” he continued, “we not only accelerate throughput but also unlock significant gains in quality, innovation, and competitive advantage.”
Goldratt helps organizations achieve such gains through implementations of Theory of Constraints (TOC)—the body of knowledge that his father, Dr. Eliyahu Goldratt, developed and introduced in his book The Goal. Rami then developed applications of TOC for sales and marketing.
“At its heart, TOC is about focus—specifically, how to focus limited management attention on the few areas in a system where it will make the most impact,” Rami Goldratt explained.
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