TOC - Self Learning Program on Finance and Measurements

Dr. Eliyahu M. Goldratt


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Info

Level of TOC knowledge acquired:

Intermediate

Length:

2 hours 7 minutes

Designed for:

Executives, Managers, Consultants, Business owners, Implementers and Leaders

Topics:

Finance and Measurements

Application:

Throughput Accounting, Five Focusing Steps and Market Segmentation and Pricing

Language:

English, Spanish, Czech and Portuguese

Format:

Download and CD-Rom

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Finance, as a key function in any organization, must be able to answer critical questions: what is the company's performance? do we invest in equipment and machinery? should we make or buy? should we use profit centers or cost centers? what is the profit of a product/service? Reality and research have shown that cost-accounting based decisions and using local measurements can be devastating to the performance on the shop floor, marketing, sales, engineering, purchasing and even distribution.

In this session Dr. Goldratt will show how financial decisions should be based on the system as a whole and not according to their local impact. A clear but simple set of metrics can bridge the gap between the bottom line and the local actions to deliver the best results.

Your will learn the Theory of Constraints (TOC) concepts of Throughput, Inventory/Investment, Operating Expense, their corresponding derivatives and how to use Throughput Accounting for decision making.

Note: The TOC Self Learning Program(s) license provides for use & viewing exclusively for the one person who registers the material. The license does not allow for multiple persons to use or view the program(s). For multiple viewers please consider purchasing the GSP Series for unlimited viewing.

A self learning tool for Individuals:

  • How can you bridge the gap between the bottom line measurements (the P&L and the Balance Sheet) and the local measurements (efficiencies, pay-back period, product cost, etc.)?
  • Get an in-depth analysis and the corresponding solutions of the problems faced in financial decisions like judging the system as a whole, profit centers, investment on equipment, make/buy alternatives, and product/service profit.
  • Learn the significant impact of using Throughput Accounting - the Theory of Constraints (TOC) solution for Finance and Measurements to focus on simple indicators.
  • Answers the questions “what to change?” and “what to change to?” to significantly IMPROVE PERFORMANCE.
  • Get prepared for TOC certification
  • Acquire a comprehensive and system focused learning resource for personal development.
  • Learn at your own speed and easily review any of the material, as you need!

Goldratt Satellite Program
Click here to view a Free Excerpt

简体中文, English, Español, Русский, 繁體中文

What is the problem?

• What is the job of finance?

• Example of disaster in make/buy

• Example continued for investm ent in equipment

• Judgment of the system as a whole

• Judgment on investment in equipment

• Judgment on make/buy/alternatives

• Judgment on profit centers

• Judgment on product/service profit using the P&Q Example

• Defining T, I, OE

• Defining Net Profit and Return on Investment

• The Chain Analogy & Cost World vs. Throughput World

• The Cloud of Managers

What is the solution (what to change to)?

• The Five Focusing Steps: Step 1 Identify the Constraint:

• Step 2: Decide how to Exploit the constraint

• Step 3: Subordinate

• Step 4: Elevate

• Step 5: Go back

• Using the Five Steps to judge the product/service profit

• The Ball is now in Marketing

• Now how to judge investment in equipment

• Judging make/buy alternatives

• Judgment of the system as a whole

• Judgment of profit centers

Summary

NEW! Downloadable version:

Within 24 hours after your order is placed, you will receive a confirmation email with details to Download and Install your TOC Self Learning Program.

Working Notebooks:

The working notebooks are available for users to aid their self learning process when using the TOC-SLP

Click here to download the working notebooks in PDF format

(purchase of product and login required)

Serial Numbers:

Installing your TOC-SLPs requires Serial Numbers provided when the product was purchased.

Click here to retrieve your serial numbers anytime

(purchase of product and login required)

System Requirements:

  • Microsoft Windows
  • 32 MB of RAM minimum
  • Internet connection
  • CD-ROM Drive (for the CD-Rom version only)

Uninstall:

When formatting your hard drive, installing or upgrading the operating system, or exchanging the computer, ALWAYS make sure to UNINSTALL the TOC Self Learning Programs first, or else additional installation charges may apply.

Install/Uninstall program for CD-ROM users

To access the TOC-SLP using the CD-ROM, you must install them first. Please download the Install-Uninstall program to install or uninstall your TOC-SLP.

Please remember that for your benefit, you have up to two chances to install the TOC-SLP and that the program is for personal use ONLY. Also, every time you uninstall the program, your records will be updated and an installation chance will be added.

IMPORTANT : Before formatting the hard drive, installing or upgrading the operating system, or exchanging the computer, ALWAYS UNINSTALL the TOC-SLP first, or else additional installation charges may apply.

NOTE: This is NOT the TOC-SLP itself. This application is for installing or uninstalling your TOC-SLPs only.

Working Notebooks:

The working notebooks are available for users to aid their self learning process when using the TOC-SLP

Click here to download the working notebooks in PDF format

(purchase of product and login required)

Serial Numbers:

Installing your TOC-SLPs requires Serial Numbers provided when the product was purchased.

Click here to retrieve your serial numbers anytime

(purchase of product and login required)

System Requirements:

  • Microsoft Windows
  • 32 MB of RAM minimum
  • Internet connection
  • CD-ROM Drive (for the CD-Rom version only)

CD-Rom

Download

Language

English, Spanish, Czech, Portuguese

English, Spanish

Price

US$49.00

US$49.00

Notes:

  • The TOC Self Learning Program(s) license provides for use & viewing exclusively for the one person who registers the material. The license does not allow for multiple persons to use or view the program(s).
  • For multiple viewers please consider purchasing the GSP Series for unlimited viewing.

If you are an Academic who is part of a formal educational institution, you are welcome to participate in our Academic Program which allows the Professor/University to teach students about the Theory of Constraints (TOC) using any of the following materials:

  • The Goal movie
  • TOC Insights
  • TOC Self Learning Programs/GSP Series
  • TOC.tv

Our Academic Program offers the Professor/University an opportunity to incorporate TOC Materials, such as the The Goal movie, TOC Insights, TOC Self Learning Programs, and GSP Series, into the course curriculum in order to provide a base of knowledge about the Theory of Constraints, and/or to include cases studies and video presentations from TOC.tv in order to show specific examples of how TOC has been implemented.

Interested parties will enter an Academic License Agreement which grants the non-exclusive, nontransferable rights to utilize the material in their course(s) provided that the Academic Licensee requires each student to purchase the material as part of the required course material. Students will pay a special Academic price which is significantly reduced from the list price and is as affordable as any other required text.

Participating Professors will receive his/her own copy of the TOC materials and is granted access to and use of such materials at no cost for as long as the Academic Program is active.

The benefits of participating in an Academic programs are huge. There is no monetary investment for the Professor/University. The Professor will have access to learning material which supports their course and expands their own personal knowledge of TOC. The students will be learning about TOC with materials that provide detailed knowledge and support and deepen their understanding.

In any case, if the above is not right for your Academic needs, there are Academic discounts available for any of the above materials.

Please CONTACT US for more information on the Academic programs and/or discounts.