Presented by Dr. Lisa Lang and Beau Ganas - Basic TOC on Throughput Accounting, Exploring the Problems of Cost Accounting and the T, I and OE Solution for Both Global Measurements and Decision Making
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Basic TOC on Throughput Accounting, Exploring the Problems of Cost Accounting and the T, I and OE Solution for Both Global Measurements and Decision Making
Presenters: Dr. Lisa Lang and Beau Ganas (CPA).
This webinar will include the following:
- A short history of cost accounting and the criticism on its techniques
- The TOC arguments against the core concept of 'cost-per-unit' and the distortions that come with it.
- Definition of T, I and OE.
- Viewing Throughput as the added value generated by the organization.
Recognizing the power of delta-T-delta-OE.
- Learning how come Throughput Accounting yields correct understanding of the current financial state and how it leads to superior decisions and performance.
Dr. Lisa Lang
is a renown Theory of Constraints (TOC) expert and is the foremost expert in the world for applying Theory of Constraints to marketing. She is regularly sought out for her expertise on developing market offers (mafia offers) that increase sales. She has been named a Manufacturing Trendsetter in the USA Today for her work helping highly custom job shops and machine shops to become more productive, more competitive and to bring manufacturing back to the U.S with Velocity Scheduling System. Dr. Lisa has also appeared in CNBC, CBS, The Wall Street Journal, Newsweek and Yahoo Finance to name a few.
Dr Lisa is the President of the Science of Business, a consulting firm specializing in helping companies to achieve bottom line results. She has served as the Global Marketing Director for Dr Eli Goldratt, father of Theory of Constraints and author of The Goal. Dr. Lisa Lang is the inventor of The Mafia Offer Boot Camp.
Dr Lisa has a PhD in Engineering from the University of Missouri – Rolla and is one of the few TOCICO certified experts in Theory of Constraints worldwide. She was also on the TOCICO Board of Directors.
Before becoming a consultant, Lisa was in operations, strategic planning, purchasing, and R&D while working for Clorox, Anheuser-Busch and Coors Brewing.
In addition to consulting, Dr Lisa is a highly sought after Vistage/TEC speaker on "Maximizing Profitability”. Dr Lisa also provides professional keynote speeches and workshops for organizations like: TLMI, ASC, NTMA, NAPM and private events for corporations like: TESSCO, Bostik, GE, and Sandvik Coromant.
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