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Register Now Maximizing Product Development Speed and Throughput
Background & Purpose Agenda Pre-Conference Workshops Fees & Logistics How to Register
Dr. Eli GoldrattGoldratt Keynote
TOC Across the Enterprise

Keynote Sponsor - Speed to Market

Case Studies
Abbott Labs
The Bell Group
Guidant
Seagate Technology
Synergis

Working Sessions
1. Multi-Project
    Management -
    Rizzo Bead
    Experiment
2. Critical Chain -
    Single Project
    Management
3.
Implementation
   
Issues & Obstacles
4. TOC Measurement
    Systems for ROI

Workshops
1. Implementing the
    TOC Multi-Project
    Method
2.
Solving the
    Measurement
   
Nightmare

Articles
Goldratt Interview
Idiot's Guide to TOC

Conference Info
Who Should Attend
Large Group Offers
Deliverables
Special Features
Lunch with Experts
Sponsorship & Exhibits
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Register Now

Sponsored bySpeed to Market

Pre-Conference Workshop 2

Solving the Measurement Nightmare

Instructor: Debra Smith, Constraints Management Group

"This course was excellent! This was exactly what I was dreaming about on TOC with the added bonus of the Thinking Processes. If this course doesn’t get you excited about TOC, nothing will!" – Donald Pomeroy, Vice President of Finance, Stemco, Inc.

Background

Learn a practical approach, including a new measurement process, for implementing the Theory of Constraints (TOC) in your organization. Through groundbreaking developments and actual examples from industry the workshop delivers:

  • An understanding of the principles underlying TOC.
  • An exploration of the evolution of the Theory of Constraints.
  • An explanation of the chronic conflict between the Throughput World of TOC and the Cost World.
  • A process for exposing conflicting policies, measures and work practices.
  • An effective bridge between what is required for internal and external reporting and proper operational decisions utilizing TOC methodologies.

About the Instructor

Debra Smith is recognized internationally as a research and implementation expert within the field of Theory of Constraints. She is the co-author of "TOC and It’s Implications for Management Accounting," and author of the, "The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies and Measures."

BONUS: Participants of this workshop will receive a free copy of the highly acclaimed book by Debra Smith, The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies and Measures.  Others who wish to order this book may call 1 800 496 4144

Workshop Agenda

Monday - September 18

7:00a-8:00a Continental Breakfast & Registration
8:00a-12:00p What is Theory of Constraints?

Integration and Application of TOC Solution Sets
- Thinking Process
- Developed application/solution sets

Process of Continuous Improvement
- What to change
- 5 step process
- Criteria for performance measurement
- Sustaining improvements

12:00p-1:00p Lunch
1:00p-6:00p Process for Measuring Improvement
- Criteria for performance measures
- Local versus global optima
- Measurements aligned with the 5 step process
- Measures in buffer management
- Exploitation vs subordination

Bridging the Cost and Throughput Worlds
- Conflicts between Throughput Accounting and cost world accounting
- Efficiency versus Throughput Measures
- How to bridge Throughput accounting and basic management
- Using the Evaporating Cloud process to break conflict
- How to bridge Throughput/Direct Costing and GAAP

6:00p-7:00p Social Hour

Tuesday - September 19

7:00a-8:00p Continental Breakfast
8:00a-12:30p Profit maximization in Throughput Environment
- Guidelines for profit maximization in Throughput Environment
- Product and pricing decision analysis
- Investment decisions in Throughput Environment
- Case study on batching and efficiency syndrome
- Case study on investment and pricing analysis

Illustration of Drum-Buffer-Rpe (DBR)
- Case study
- Demonstration

Breaking Organizational Constraints
- Using TOC to unleash management team intuition
- Using the 5 step process to identify and break constraints
- Creation of cultural change

12:30p-1:45p Lunch


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