Theory of Constraints a management philosophy
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Assume that you have been selected by your executives to teach your fellow managers about Bottlenecks and the Theory of Constraints. Prepare a Powerpoint presentation on this subject for a 45 minute slot at the Manager's Kickoff meeting in January. Include speaker notes for each slide, as the HR manager wants to use this presentation at the quarterly new manager training, and you will not be the presenter.
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Solution discusses the theory of Constraints as a management philosophy
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Theory of Constraints is a management philosophy . Please see the attached file.
Application of Theory of constraints
BP has used the theory of constraints to eliminate the bottleneck at Gulf of Mexico and in turn it has saved more than $200 million. "Dom Sawchuk, an Illinois-based Pinnacle consultant, was charged with helping devise a plan to clean billions of dollars worth of goods.
Boat cleaning had started off slow. Dozens of ...
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