Goldratt’s theory of Constraints – Prioritisation

theory of constraints
  • Too much uncertainty makes it impossible to generate closure, so things must be narrowed down
  • It’s a prioritisation method – What to change? What to change it to? How to change it?
  • At any given time, an organisation is limited from achieving its highest goal by a single constraint. The Theory of Constraints provides tools to help identify and break through the constraint.
  • The Goal: A Process of Ongoing Improvement shows the struggle between competing interests, visions, and languages that collide when strategising.

 

VRIN Model

Value Net Model (Brandenburger and Nalebuff)

Resource-Based View (RBV)