Goldratt's Theory of Constraints

Goldratt's Theory of Constraints (TOC) is a management approach focused on identifying and addressing the single bottleneck or limiting factor that hinders a process's overall performance. By improving or managing this constraint, organizations can significantly increase their throughput and efficiency. The process involves a continuous cycle: identify the constraint, exploit it to the fullest, subordinate other activities to support it, elevate its capacity if needed, and repeat the process to ensure ongoing improvement. TOC emphasizes that focusing on the weakest link in a system drives overall progress and success.