PBTO: Goldratts Rules of Flow - Delivering Projects on-time on-budget and on-spec and driving up profitability
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PBTO: Goldratts Rules of Flow - Delivering Projects on-time on-budget and on-spec and driving up profitability
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About this listen
This is the recording of a live conversation I had with Dr. Efrat Goldratt-Ashlag to explore how the principles from the Theory of Constraints can be applied to multi-project environments (Digital transformation efforts) to deliver projects on time, on budget and on spec.
She shared insights from her latest book (now available in Worldwide) Goldratt’s Rules of Flow to help us understand how to increase the velocity and throughputs of project deliveries within our organisation.
We covered the following topics in the conversation:
- Introducing the work of Dr. Efrat Goldratt-Ashlag
- Do 70% of projects really fail to achieve their goals? Why? And how can we address it?
- The importance of triage in a multi-project environment instead of focusing on improving productivity
- Whose job is it to identify the constraints in a multi-project environment?
- Why is flow important in the Theory of Constraints? And what are the fundamental rules of flow? The importance of Full Kit.
- How do organisations make the shift from their current operating model to the ToC model?
- My learnings from the book - Goldratt's Rules of Flow
- When you want to go farther, focus.
- The psychological cost of the wrong assumptions that run multi-project environment
- What is a Full kit?
- How to deal with an external customer and run projects the ToC way.
- Does this work for projects with no clear end date?
You can watch the session delivered by Rami Goldratt @ https://youtu.be/YIc1U1LUDE0?feature=shared&t=9660
#TheoryOfConstraints #ToC #CriticalChain #ProjectManagement #ontime #onbudget #onspec #DigitalTransformation #EliyahuGoldratt #Goldratt
You can connect with her via LinkedIn @ https://www.linkedin.com/in/dr-efrat-goldratt-ashlag-44046212a/
You can find Dr Efrat's book: Goldratts Rules of Flow @ https://amzn.to/3Q6mqik
You can find Dr. Goldratt's book: The Goal @ https://amzn.to/3MBsYEL
My website: https://rmukeshgupta.com
Connect with me: https://linkedin.com/in/rmukeshgupta
My books: -
Thrive: https://amzn.to/493brhZ
Your startup Mentor: https://amzn.to/3FrBbHr
Being Happy: https://amzn.to/3QsE4xO