APPLYING THE THEORY OF CONSTRAINTS TO INCREASE ECONOMIC VALUE ADDED: PART 2—IMPLEMENTATION

M. Smith, P. Pretorius
2012 South African Journal of Industrial Engineering  
This article describes a way to implement the holistic approach of the Theory of Constraints (TOC) which will lead to an increase in the Economic Value Added (EVA) of a business. The approach consists of two parts: the adoption of the holistic approach, and the implementation of a new company strategy. The pitfalls in implementing a holistic approach are discussed. The elements of a company strategy that is compatible with the holistic approach are described. OPSOMMING Hierdie artikel beskryf
more » ... metode hoe om die holistiese benadering van die Teorie van Beperkinge (TVB) te implementeer met die doel om die Ekonomiese Toegevoegde Waarde (ETW) van 'n besigheid te vermeerder. Die benadering is tweeledig: die ingebruikneming van die holistiese benadering, en die implementering van 'n nuwe besigheidsstrategie. Die moontlike probleme in die implementering van die holistiese benadering word bespreek. Die elemente van 'n besigheidsstrategie wat versoenbaar is met die holistiese benadering word beskryf.
doi:10.7166/13-2-309 fatcat:yzylebpzcnad5fzpknk6cyp4a4