Theory of Constraints

The theory of constraints (TOC) adopts the common idiom "A chain is no stronger than its weakest link" as a new management paradigm. This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome.

The analytic approach with TOC comes from the contention that any manageable system is limited in achieving more of its goals by a very small number of constraints, and that there is always at least one constraint. Hence the TOC process seeks to identify the constraint and restructure the rest of the organization around it, through the use of five focusing steps.

Read more about Theory Of Constraints:  History, Applications, The TOC Thinking Processes, Development and Practice

Famous quotes containing the words theory of, theory and/or constraints:

    “The theory of rights enables us to rise and overthrow obstacles, but not to found a strong and lasting accord between all the elements which compose the nation.”
    —Giuseppe Mazzini (1805–1872)

    “Lucretius
    Sings his great theory of natural origins and of wise conduct; Plato
    smiling carves dreams, bright cells
    Of incorruptible wax to hive the Greek honey.”
    —Robinson Jeffers (1887–1962)

    “The analogy between the mind and a computer fails for many reasons. The brain is constructed by principles that assure diversity and degeneracy. Unlike a computer, it has no replicative memory. It is historical and value driven. It forms categories by internal criteria and by constraints acting at many scales, not by means of a syntactically constructed program. The world with which the brain interacts is not unequivocally made up of classical categories.”
    —Gerald M. Edelman (b. 1928)