Overview

Velocityis a business book exactly in the style of The Goal. It tells the story of fictional company Hi-T Composites and how it solves major production and management problems, and greatly improves its business results, when a senior manager is put in charge of turning the company around and step by step she applies the velocity approach to sorting out the company's many issues. Velocitytakes a big step forward by being the first management book to introduce a method for combining the three leading business re-engineering methods. Six Sigma, Lean Thinking, and The Theory of Constraints, into one much more powerful, cohesive approach. While the business community has figured out how to combine Lean and Six Sigma in an approach now widely referred to as Lean Six Sigma (LSS), the business results obtained have been widely discouraging. The velocity approach shows that this is because they must be combined with the core insights of the Theory of Constraints, and that combined approach is the basis of AGI's consulting and has produced remarkable results for a long list of AGI clients including Boeing and Lucent.

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9781439158920

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AGI's VELOCITY APPROACH enabled us to get control over the uncertainties of our repair and remanufacturing business, leading to significant improvements in our overall performance. The changes we made to the way we manage our business positioned us to not only survive but to thrive in what could be called the worst recession since the Great Depression. -- Carl Coslow, President, Republic Industries International

Author Information

Dee Jacob is the president of AGI—Goldratt Institute, which is based in New Haven, CT. She is a key innovator in the development of the Theory of Constraints and of the velocity approach. Jacob teaches at the AGI Jonah Program and Thinking Process courses. Before joining AGI, Jacob was a manager with Procter & Gamble where she integrated TOC and LSS techniques. Suzan Bergland is a partner of AGI and president of its North American Group. She is an expert in the velocity approach integrating TOC and LSS. She is a founder and member of The Theory of Constraints International Certification Organization (TOCICO), and also holds membership to the Association for Operations Management and the American Society for Quality. Jeff Cox is the co-author or author of seven works of business fiction, which include The Goal, Zapp, The Quadrant Solution, Heroz, The Venture, Selling the Wheel and The Cure. Both Zapp and The Goal ranked first and second, respectively, on a list of bestselling business books from the 1990s. Jeff and his family live near Pittsburgh, PA.

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