While visiting a plant last month, our Founder, Dr. Domenico Lepore, told the dramatic story of his experience at a German aluminium plant, part of a multi-billion, multi-national business. The General Manager had invited Domenico to give a presentation after hearing him speak at a Theory of Constraints (TOC) conference. In that plant, the hot mill […]
Search Results for: network of projects
Project Management Kryptonite: Silos and Mismatched Authority and Responsibility
If you Google the term ‘Project Management’ you will find hundreds of millions of results. It is a multi-billion dollar business and there are official institutes that train Project Managers. So why do so many projects still fail to deliver? In this post we are concerned with internal projects in an organization and what happens […]
Avoiding Compromise with a Win-Win Solution
I recently re-posted on LinkedIn something from Goldratt Consulting with a quote from Dr. Goldratt: “Our fear that conflicts will lead to a tug of war diverts management attention to constantly struggle with unacceptable compromises.” This is part of the introduction to a book Dr. Goldratt was working on called ‘The Science of Management’ before […]
To Bring MBAs Up to Date, Don’t Add On Courses, Transform the Program
We’ve been saying it for years, but now even the Harvard Business Review is saying that MBAs need to update their programs. The article quotes Scott Cook, founder of Intuit: “When MBAs come to us, we have to fundamentally retrain them — nothing they learned will help them succeed at innovation.” The HBR article goes […]
Cause and Effect Reasoning Is an Essential Skill for Leaders
An article in the Harvard Business Review draws attention to the problem of confusing correlation with causation. “Western management has failed to understand cause and effect” W. Edwards Deming Mistaking correlation for cause can be dangerous.because it prevents us from understanding reality. Most importantly, if we do not nurture the ability to think cause […]
The Decalogue in More Detail
The 10 Steps of the Decalogue What follows is a brief explanation of the 10 Steps of the Decalogue. Step 1: Establishing the goal of the system, the units of measurements, and the operational measurement Without a goal, there is no system; and without clarity on what to measure in the system and how to […]
THE DECALOGUE SHORT OVERVIEW
“Western management has failed to understand cause and effect.” W. Edwards Deming There is no effect without a cause. This is the basis of the scientific method, and the aim of science is always to discover underlying causes. Without that knowledge, we are exposed to an array of ‘symptoms’ we are unable to decipher, […]
The Great Resignation – Companies Must Offer Meaningful Work
An article in this week’s Time Magazine states ‘Young People are Leaving their Jobs in Record Numbers – And Not going Back‘. The ‘Great Resignation” as it has been nicknamed reflects large numbers of people choosing not to recommit to regular jobs. This is bad news for companies who may not be able to find […]
The Theory of Constraints – a Whole System Approach
Due to the global success of Dr. Goldratt’s first business novel ‘The Goal’ most people mistakenly think of the Theory of Constraints (TOC) as just a technique for manufacturing. While TOC does produces fast and radical improvements in manufacturing processes, it is in fact a whole system philosophy and method. The thinking that underlies this theory stems from […]
We cracked the sustainable growth equation so companies can organize, control and compete
Our team includes physicists and mathematicians so it’s second nature for us to work on equations. But our focus is management. That’s why we had to work in the field with companies over many years to develop a solution that was both scientifically solid and highly practical. In every sector, most companies are designed to […]