What is this Thing Called Theory of Constraints and how Should it be Implemented?

Key Insights from "What is this Thing Called Theory of Constraints and how Should it be Implemented?"

1. The Theory of Constraints (TOC) is a management philosophy that views any manageable system as being limited in achieving more of its goals by a very small number of constraints.
2. TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it.
3. One of the central ideas of TOC is that every organization actually has very few true constraints. These constraints are typically referred to as bottlenecks.
4. The goal of TOC is to manage the bottlenecks...

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