How to balance project opportunities with time, capability, and
budget for overall profitability
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Pre-Conference
Workshop C
Wednesday, February 21, 2001
Full-Day: 8:00am - 5:00pm
Extreme Profitability in the Information Age: Create and Manage
a High-Speed Product Development System with Dr. E.M. Goldratt's
Theory of Contraints
Instructor: Anthony R. Rizzo, Product
Development Institute, Inc.
Dr. Russel L.
Ackoff writes the following about systems. "Imagine that you are
able to collect in your garage the best automobile engine ever
built, the most sophisticated transmission, the best engineered
fuel injection system and suspension system, the sleekest
automobile body ever designed by Ferrari, and the most
successful example of every automobile part ever produced
anywhere in the world. When you complete your collection, will
you have a car? No! When you complete your collection, you will
have nothing more than an aggregation of car parts. A car is a
system, and a system is not defined by its parts but by the
interactions between its parts."
A product development organization, too, should be a system.
But most organizations that exist today do not perform as
effective systems. Rather, they perform as aggregations of
functions, mere collections of organizational parts, which
interact poorly if at all. With the Theory of Constraints, your
new-product introduction organization can become one of the most
effective, most profitable for-profit systems in the world.
During this workshop you will learn about:
- Goldratt’s Theory of Constraints
- The Boyd Cycle & Maneuver Warfare, as applied to new
product introduction
- The Product Development Information Cycle
- The Critical Chain method
- Buffer management
- The difference between Type-A organizations and Type-B
organizations
- The components missing from your system today
With PDI’s simulator you will learn what is required to make
the change to TOC, safely, effectively, and permanently. You’ll
discover how to:
- Create an immediate burst of speed
- Select the right
cutover project
- Create effective schedules
- Use the planning buffer, to keep your system running
efficiently
- Use the placeholder method, to accommodate urgent customer
needs
- Really improve your system’s financial performance, while
maintaining costs well under control
- Apply TOC’s Five Focusing Steps to your entire enterprise,
and prepare for success
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