The Inherent Simplicity of TOC
Dr. Eli Goldratt provides an overview of the basic concept behind the Viable Vision.
Dr. Eli Goldratt provides an overview of the basic concept behind the Viable Vision.
The Viable Vision is a strategy for transforming a business so that within four years, its net profits are today’s total sales. Yes, this means that if you have $10 MM in sales, in four years you will have $10 MM in net profit. Goldratt is so confident that this can work that 90% of the consulting fees are at risk: if the client doesn’t get to their Viable Vision, Goldratt (and Goldratt Consulting) doesn’t get paid.
Dr. Eliyahu Goldratt a renowned author who has given the best seller, The Goal, talks about his latest offering Viable Vision in this video. Viable Vision is a book on the theory of constraints where, this viable vision can help a company increase the profits in just 4 years.