Business Process Optimization Using the Theory of Constraints - Nick Gausling
Business process optimization could actually backfire and hurt your profitability initiatives, but using the Theory of Constraints can keep your business optimization on track.
Join Fractional COO and Specialty Retail Advisor Nick Gausling in this video as we cover:
0:00 Introduction to the Theory of Constraints
1:21 Role of Bottlenecks in Business Process Optimization
2:42 Throughput in the Theory of Constraints
3:38 Business Process Optimization Might Hurt Profitability
4:53 Types of Constraints in the Theory of Constraints
5:37 Understanding Bottlenecks in a Business System
7:34 Summing Up and Other Resources
📖 Read the full article at https://www.nickgausling.com/2023/11/15/business-process-optimization-theory-of-constraints/
🌎 Learn more at https://www.nickgausling.com/
📰 Subscribe to Customers, Costs, and Cash Flow at https://nickgausling.substack.com/subscribe
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