15 December 2017
October 9, 2017, the final session of Executive MBA-2018A module was completed with Change management course. The lecture was devoted to the fundamentals of the Theory of Constraints (TOC) and its practical application in production.
Change Management course was developed by Galina V. Shirokova as a part of both the main educational programs and Executive MBA program in GSOM SPbU. In an ever-changing world, the study of theoretical and practical issues of organizational change is necessary for successful managers training.
Guest lecture was held by Elena Streltsova, CEO of Optoklub “Ryady”, Chairman of the Board of Directors and co-owner of CA “Lyubimyy Kray”.
Elena is a follower of E. Goldratt's Theory of Constraints (TOC), which she successfully applied in “Lyubimyy Kray” while heading the company in 2003-2014. CA “Lyubimyy Kray” is one of the first enterprises in Russia to apply TOC in production.
At the lecture, students studied the scope of TOS, its basic principles and main steps to implement these principles into the company management system. Moreover, they identified and conducted an analysis of the constraints for their own companies performing a practical task. |
For information:
The Theory of Constraints was developed in the 1980s by the Israeli physicist Eliyahu M. Goldratt. It is applicable in such areas as project management, production, supply chain management, financial performance monitoring, etc. The peculiarity of TOC is that by applying efforts to manage a very small number of aspects of the system, a much greater effect is achieved than with simultaneous exposure on all or most of the problem areas of the system at once. To highlight these several aspects of the system, TOC proposes to conduct a thorough analysis of the production work and highlight the most important limiting factor (i.e. constraint) in it. Major change efforts should be directed to these constraints. |
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Types of constraints:
Five focusing steps of TOC:
The Theory of Constraint is described in artistic form in a series of business novels by Eliyahu M. Goldratt. Main novel called “The Goal: A Process of Ongoing Improvement”. In a more formal way TOC described in Oded Cohen and Elena Fedurko's book “Fundamentals of Theory of Constraints”.
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