Welcome to this series on the Theory of Constraints (TOC) with Ashton Fourie. It’s a 9 part series that looks how the Theory of constraints can help you grow your business.
This is the seventh Theory of Constraint installment and we talk about getting stuff done. Cos, that’s what really counts!
Focus on the Focus. Get the Right Things Done.
To often we get caught up in making the method the goal – and then we lose sight of the actual goal. What Ashton means is that you don’t want project management – You just want to get your projects done!
And this is what this really is about.
This becomes important because businesses get so focused on refining some or other method, that they don’t notice the fact that it’s not really serving the goal.
We see this with all the methodologies and frameworks we’ve invented over the past few decades.
When A Process Become A Risk
As an example, let’s say a company brings the Lean process. They then apply it to a certain area in the business, but its the wrong area. It’s helping the business become more profitable.
If the company is not making more money, then the cost of your project has actually moved the company backward.
You could agrue that this initiative is not ok and that it’s helping? Not many companies have enough reserves that they can afford to sponsor improvements that do not show on the bottom line. Most can not afford this.
Business Relearnt – Learn To Unlearn, Relearn.
Fast constant change demands that we keep looking at how we do things and to keep learning new ways to solve our customer’s problems. What business relearnt series provides you with approaches and methodologies to help you do that.
The Full Business Relearnt TOC Series – Broken Down?
TOC offers you many opportunities to look at doing things in a different way. Ashton breaks down how you can do this in this series. Here are the topics around the theory of constraints that we will cover:
- Why you cannot ignore TOC
- The surprising inverse relationship between the number of improvements and actual improvement
- Are you spending too much money for increased capacity
- The costly mistake of elevating your constraint first
- Design for Delegation – Three levels of work
- Planning too much is planning to fail
- You don’t want project management – You just want to get your projects done!
- Theory of Constraints and Employee Engagement
- Turning the layers of resistance into moments of agreement
Who Is Ashton Fourie:
Ashton is a proven growth strategist and looks at building sustained success in tough economic climates.
He is the CEO of 5-2-50 (pronounced Five To Fifty). This is a South African based company with a vision to eradicate poverty through ensuring that there is a good job available to every woman and man on earth who is able and willing to work.
5-2-50 help’s their clients formulate a clear vision and strategy to grow up to ten times in size in a period of no more than five years. Their toolset is a combination of Theory of Constraints, Lean and Agile interventions, combined with their strategic management methodology that has been tested in the local and international market.