2020-09-03, Nerius Jasinavičius: «Management decisions and financial performance based on the Theory of Constraints.»
Master-class: Management decisions and financial performance based on the Theory of Constraints. Practice, diagrams, cases.
Metrics are very important business management and decision-making tools. Financial indicators play a special role among them. Despite the long history of using financial indicators, not all of them allow you to make the right decisions. Some of these solutions can even cause significant harm to the business. The creator of The Theory of Constraints (TOC), Dr. E. Goldratt, argued that classical cost and cost accounting are the most important enemies of productivity.
The webinar will consider some aspects of financial accounting for TOC, as well as aspects of application in different business sectors.
Speaker: Nerius Jasinavičius – certified TOC and LEAN expert, member of the board of directors of Achema Group, managing partner of the TOC sprendimai consulting company, author of the book “From craft to business”.