A Masterclass in Growth Strategy Design & Execution
What you'll learn
- You will learn how to use Theory of Constraints (TOC) to create a Strategy for achieving the very ambitious target of profitable, and sustainable growth target.
- You will learn TOC's "Viable Vision Questions" to help you identify the fewest changes needed to achieve your ambitious profitable growth target
- You will learn how to create a Financial Model to accurately predict the impact of operational changes on Net Profit and ROI.
- You will learn how to design, validate, plan, execute and audit a "Strategy & Tactic" Tree for your company, using the Harmony Change Maker App
Requirements
- Knowledge of your company's financial information (Sales Revenue, % Variable Cost and Net Profit)
- An ambitious Profitable Growth Target for your company
- (Optional) Register for the Free Harmony Change Maker App
Description
In this Masterclass, Dr. Alan Barnard, CEO of Goldratt Research Labs, will share a breakthrough in how to collaboratively design, validate assumptions, plan, execute and audit the implementation of organizational change.
During the first part of the masterclass, Dr. Barnard will provide an overview of Theory of Constraints (TOC), created by Dr. Eli Goldratt, and how the 5 Focusing Steps of TOC can be applied to business strategy design to achieve a step-change in profitable growth.
In the second part of the masterclass, attendees will, for the first time, gain access to the "Viable Vision" analysis and strategy design process, co-developed by Dr. Eli Goldratt and Dr. Alan Barnard, to help business owners and senior management teams identify the highest leverage changes needed to build, capitalize on and sustain a decisive competitive edge within their industry.
In the third part of the masterclass, attendees will learn how to use the insights gained from the Viable Vision analysis process to design, validate key assumptions, plan, execute and audit the necessary and sufficient Strategies & Tactics for achieving their ambitious profitable growth target.
In the final part, attendees will learn how they can use the award winning Harmony Change Maker app to guide them through each of the above "Strategy & Tactic" design, validation, planning, execution and auditing steps and also gain access to generic Strategy & Tactic Trees which they can customize for their business.
Who this course is for:
- Senior Managers, Current or Future Entrepreneurs, and Business Owners
- MBA Students
Instructor
Dr. Alan Barnard is one of the world’s leading Decision Scientist and Theory of Constraints’ experts. Alan, a serial entrepreneur, is the Founder and CEO of Goldratt Research Labs, a company he co-founded in 2008 together with Dr. Eli Goldratt, creator of Theory of Constraints. There was an immediate connection between Alan and Eli after their first meeting in 1993. Alan and Eli were both curious about understanding why good people make and often repeat bad decisions within their life and in managing organizations. They were also both passionate about applying a robust scientific approach to developing new Thinking & Decision making methods and advanced Technologies to help people make better, faster decisions – decisions that move them closer to their goals.
Today, Alan works as a Strategy advisor, Researcher and Theory of Constraint (TOC) expert and educator, with both Fortune 500 companies as well as NGO’s and Government Agencies. His clients include Microsoft, Cargill, Tata Steel, Nike, ABB, BHP, Cisco, South32, SAP, Intel, Penguin Random House, BC Rail, Larsen & Toubro, Premier Foods, Fujitsu, Habitat for Humanity, UNDP, UNWFP and Utah Governor’s Office of Management and Budget.
Alan holds a B.Sc. in Industrial Engineering (Cum Laude, 1991) and MsC and PhD in Management of Technology & Innovation (MOTI). His PhD thesis was titled “How to identify and unlock inherent potential within organizations (private & public) and individuals?”
Alan is very active in a number of Non-Profit Professional Organizations and Universities within his fields of interest. Alan is the former President of SAPICS and former chairman of TOCICO. Alan is also the Chairman of Odyssey Institute, a Non-Profit organization he co-founded with Dr. Eli Goldratt in 2005. Alan also serves as board member of BHP’s Science and Innovation Council and frequently serves as field supervisor of PhD students and guest lecturer at the DaVinci Institute and Duke University.