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julybeth
julybeth
week 8
Jan 27 2008, 3:33 AM EST | Post edited: Jan 27 2008, 3:33 AM EST
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Theory of Constraints (TOC) is an overall management philosophy that aims to continually achieve more of the goal of a system. If that system is a for-profit business, then the goal is to make more money, both now and in future. TOC consists of two primary collections of work:
1) The five focusing steps and their application to operations;
2) The Thinking Processes and their application to project management and human behavior.
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