Welcome to another edition of NewStore Learning Series! This evening Andrey Salomatin will present you his Theory of constraints. We'll provide snacks and beverages.
A chain is no stronger than its weakest link. This simple idea changed the way I think about leadership. It will change you too.
I work in a b2b software startup as a product manager. Startups have a lot of limitations. There’s always not quite enough money, people, time. That’s why we use methodologies like Lean to minimise waste. Work smarter, not harder, right?
About a year ago I’ve started using Theory of Constraints (TOC). That management philosophy helped us focus and prioritize work. As well as see and patch holes in our strategy as a company. It’s been a huge relief for me personally as a product person.
Constraints Management is a natural successor to Lean, but it works on a different scale. TOC is about improving things globally rather than making local optimisations. Here is its main principle. Any system has one or two constraints (processes, departments) that control its output. Hence, focusing on one thing will improve your effectiveness as an organization! Isn’t that liberating?
At this workshop, we’ll talk about applications of Theory of Constraints. I’ll share my experience from a software startup, and things I’ve learned from people working in cinema and manufacturing. We’ll have a chance to practice those concepts, discuss and learn from each other.
Andrey is working as a product manager at Productive Mobile (http://productivemobile.com/). He’s also organizing Kaizen Berlin (https://www.meetup.com/Kaizen-Berlin/), a meetup about Continuous Improvement. He has a software developer background and likes to make things.