Translate

Search the site

Wednesday, November 5, 2014

What is the Theory of Constraints?

"The theory of constraints (TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it.

TOC adopts the common idiom "a chain is no stronger than its weakest link." This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome."
See more @ Wikipedia

More Info...

  1. The Theory of Constraints and its Thinking Processes
  2. Theory of Constraints @ Lean Productions
  3. The Theory of Constraints (TOC) @ Mind Tools
  4. What Is Theory Of Constraints (TOC) @ Science of Business