Theory of Constraints - The Basics: Simple Concepts, Profound Implications

Often people read one or more of Dr. Goldratt's business novels (The Goal, It's Not Luck, Critical Chain) and are a little taken back at how close many of the scenarios typify their own experiences and yet, the solutions proposed are so profoundly different from those that your organisation ended up implementing; often with less than ideal outcomes.

So before you can readily dismiss Theory of Constraints as 'just another fad' you need to know more. However, this time you don't want just another business novel but rather a book that explains the basics of TOC. You need to understand the basics because if you can understand and agree with the essentials of TOC then perhaps you have found a conceptual framework that you are willing to invest further time in understanding and then applying.

However, when you search for that next novel on Amazon you quickly discover the depth and breadth of what is available but find that some are perhaps too specialised or too detailed to fullfill your immediate needs.

This book "'Theory of Constraints - the Basics" seeks to fill that gap in the current offerings.

It is hoped that the book will go some way towards satisfying your quest to validate whether the Theory of Constraints is for you and perhaps others who you know face a similar 'knowledge' gap.

This book explains the Theory of Constraints in terms of the basic concepts, metrics and approach to financial decision making and contrasts them to the more traditional business approach. Each of the three sections include traditional and TOC examples drawn from many years of experience in the mining sector that help explain the theory in practice.