Eli Goldratt’s Legacy in the World
Transcript of Eli Goldratt’s Legacy in the World
49th TOCPA International Online Conference
www.tocpractice.com
Tali MastboimIsrael
CBS LTDwww.cbs4results.com
June 3rd, 2021
Eli Goldratt’s Legacy in the World
1
1980 1985 1990 1995 2000 2005 2010 2020
Production, Throughput Accounting – OPT, The Goal, The Race, The Haystack Syndrome
The Thinking Processes– Jonah Program ,TOC
TOC
Evo
luti
on
ove
r la
st 4
0 y
ears
Distribution, Marketing, Management Skills– It’s Not Luck
Project Management – Critical Chain
The TOC Holistic Approach –Satellite program - 8 Video Sessions
TOC & Technology– Necessary but not Sufficient
TOC & Strategy (Viable Vision)The Choice Value Chain, Business, Market
TOC Evolution over last 40 years
1
2
3 4
TOC Start
2
1. “Tali, move to the USA” - Rainy day parking lot
2. More Thruput, OPT SW, OPT-Serve breakthrough
3. 4 Pilots Fortune 500 Large Projects
4. Selling to Fortune 500 CEO - Attack the problem
5. Fast Results = focus on bottleneck thruput
Creative Output USA 1979-1984
3
1
What did I learn from Eli?
Hutzpah, Socratic Selling, Fast Results
Holland Signaal ( Philips) NL 1987-1990Defense, 5000 employees, complex products
4
What did I learn from Eli?
Software and Knowledge, Managers’ Buy-in,
Listen-Learn-Implement
2
1. First worldwide top management Jonah program
2. Harnessing all managers (Dutch betting)
3. Listen-Internalize-improve- Philips seminar
4. Results:30% thruput increase, opening contract
5. Signaal was sold to Thompson for 1 B Guilder
Caesar Group NL – Viable Vision 2004-2008IT services , 350 employees hourly & projects
5
What did I learn from Eli?
Aim for the Moon, In-depth Relationship, Dramatic changes starts at Re-Structure
3
1. Goldratt focus - 30 companies
2. Eli vision ”Bottom to top in 4 years ״
3. Long Term Managers` relationship
4. Major change requires new company
5. Results-significant improvement of projects
delivery: Thruput & on-time delivery
Garansys ( Caesar Subsidiary Company)IT as agreed
6
TOC flagship company time value projects - late penalty 25%-50% (only once)
“Eli’s question: “Hans ,do you want to live a full life?”, is now a part of myself”
Hans Van der Kooij - owner
“Garansys proved that a service company can be successful (in positioning and profit) by using throughput thinking and not cost thinking”
Luc Spaas - President Garansys
3
Godrej Properties India 2005-2009
7
Real estate Developer 120 employees Residential focus (Godrej Group)
How did I use what I learned from Eli?
1. Long Term relationship (Adi Godrej -CEO Godrej Group)
2. Business focus - Residential
3. Successful Implementation: CCPM (all resources are
outsourced) & Unique sales process (Joint venture)
4. Results - 2010 went public 2021 valuation 4.79 Billion $
5. Leading India real estate developer- quality & awards
6. Large bonus for Goldratt group
4
Eli Personal Legacy
8