Throughput Economics book review with co-author Henry Camp

Interview: Henry Camp

 

Book: Throughput Economics, Making good management decisions by Eli Schragenheim, Henry Camp and Rocco Surace. Routledge / Productivity Press 2019.

An interview of Henry Camp, one of the 3 authors, by Philip Marris. Henry explains: the motivations for the book; the background of the 3 authors; the sorts of decisions that this book addresses and the basic logic proposed. Their proposed approach is based on the Theory Of Constraints developed by Eliyahu Goldratt. It suggests among other things that decisions need to be made recognizing the inherent uncertainty of the environment; it is better to be approximately right rather then precisely wrong. It also talks about the links with the Generally Accepted Accounting Principles (GAAP).

This video was made in July 2019 in Chicago during the annual congress of the TOCICO (Theory Of Constraints International Certification Organization).

Marris Consulting, expert in Theory of Constraints & Critical Chain Project Management

 

Marris Consulting is an expert in the Theory of Constraints (ToC) and Critical Chain Project Management (CCPM). As industry consultants, we are focused on helping process and manufacturing industries reach their highest levels of performance by using Constraints Management  combined with Lean and Six Sigma. We also use Critical Chain Project Management which we sometimes combine with Lean engineering to improve project performance. If you are unsure about the actions which need to be implemented to improve operational efficiency, our industrial management consultants can also conduct a performance audit. Furthermore, our experts host numerous Theory of Constraints (ToC), lean and project management training sessions throughout the year.

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About Marris Consulting

Marris Consulting is an industry consulting and training company specialized in the Theory of Constraints (ToC) and Critical Chain Project Management. We focus on improving the performance of manufacturing and process industries by using Constraints Management combined with Lean and Six Sigma. To boost project performance, we also use Critical Chain Project Management (CCPM), which we sometimes combine with Lean Engineering. Our 2-day performance audits, our performance consulting services and our project management, Lean & ToC training by our industry consultants offer a wide range of solutions to help our clients around the world reach the highest possible levels of performance.

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