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Find-study-improve the weakest link
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Overview Transcript Case Study Video
The place is abuzz with discussions on doing things just a little faster, perhaps a little cheaper, and always a little better.
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Ideas are exchanged yet some need to be sold.
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Know The Theory of Constraints
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Key Idea #4
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1. Small Business School Achieve Digital Workflow
2. Honor Your Past
3. Listen To The Marketplace
4. Know The Theory of Constraints
5. Create Esprit de Corps
6. Do The Customer's Heavy Lifting
7. Be A Process Leader
8. Create Space That Inspires Quality
9. Make Goals Fun
10. Reward With A Splash
11. Keep Your Promises
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In 1984 Dr. Eli Goldratt wrote a book, The Goal where he laid out his ideas now well-known as TOC, the Theory of Constraints. Dr. Goldratt says to make improvements we have to know:
  • What to change -- what is the leverage point.
  • What to change to -- what are the simple, practical solutions.
  • How to cause the change -- overcoming the inherent resistance to change.

Topic for discussion: It is no surprise that Steve thinks about constraint theory. He is a process and systems guy and has been since he made his first sale to a real estate agent. Where would Steve be today had he not been interested in systems?

Answer: He could be the 21st Century Ansel Adams or he could be running a $2 million dollar operation serving real estate agents. We know he would not have 250 employees making 100 million post cards a year for as many as 150,000 customers!

You think about it: What is your weakest link? What can you do to strengthen it? Where does the flow in your processes seem to divert or slow?

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