APPLYING TOC FOR ENTREPRENEURSHIP

All TOC tools you need during Entrepreneurial Journey

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Why TOC for Entrepreneurs?

According to World Bank (https://www.worldbank.org/en/topic/smefinance ):

“Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in developing countries. SMEs account for the majority of businesses worldwide and are important contributors to job creation and global economic development. They represent about 90% of businesses and more than 50% of employment worldwide. Formal SMEs contribute up to 40% of national income (GDP) in emerging economies. These numbers are significantly higher when informal SMEs are included.  According to our estimates, 600 million jobs will be needed by 2030 to absorb the growing global workforce, which makes SME development a high priority for many governments around the world. In emerging markets, most formal jobs are generated by SMEs, which create 7 out of 10 jobs.”

We see TOCPRENERS as a great opportunity to contribute to this vast and important part of global economy.  

TOC is widely known for its effective solutions for production, supply chain, and project management. However, majority of micro, small and medium enterprises operate in other areas: such as small-scale construction, providing child care, running a guest house, beauty salon, or a local bakery, providing cleaning services, or having a small manufacturing facility. Even if in manufacturing, retail or construction, micro- small-medium enterprises often feel that they do not have enough scale of operation to rigorously learn and implement standard logistical solutions of TOC. At the same time, any company, regardless of its size and area of operations, can benefit greatly from applying the central concept of TOC – the 5 Focusing Steps.

We will be conducting regular webinars on using TOC tools in Entrepreneurial Journey.

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40 year of implementing The Goal: from production to projects and everything in between

Famous business novel and best seller "The Goal" was written by dr. Eliyahu Goldratt 40 years ago, and it was about improving production floors. Millions of people read this bestseller and realized the principles described in it go above and beyond production. However, it is not as easy to see how these principles apply to projects. Dr. Eli Goldratt developed the TOC approach to project management for decades, but he passed away before having the chance to write about his new findings. This presentation describes the applicability of The Goal to project environments and highlights additional key elements to manage projects from the brand now book "Goldratt’s Rules of Flow".

Dr. Efrat Goldratt-Ashlag is the author of "Goldratt's Rules of Flow" and co-author with her father, Dr. Eliyahu Goldratt of his life philosophy book "THE CHOICE." Efrat holds a PhD. in Organizational Psychology and specializes in training, developing and building training materials to enable personal and organizational growth.

 

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