Theory of Constraint
An analysis of a group facilitation organization using the theory of constraint as described by Eliyahu Goldratt.
This paper analyzes the theory and puts into practice Eli Goldratt’s Theory of Constraint. The purpose of any management theory is to achieve maximum productivity from limited resources. According to the author of this paper, Eli Goldratt provides practical approaches to identify management problems and their resolution.
The theory of constraint as explained by Goldratt is about identifying the weakest link in the management process and eradicating it to boost performance of any process of a series of interdependent steps. Unlike boosting performance of the whole process, Goldratt teaches us to take measures to eradicate bottlenecks and hence improve efficiency of the process through increased output. At GFC we have been too busy facilitating solutions to client’s problems that we neglect our own.
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Theory of Constraint. (2015, Apr 23). Retrieved December 6, 2019, from https://newyorkessays.com/essay-theory-of-constraint/