%0 Journal Article
%T APPLYING THE THEORY OF CONSTRAINTS TO INCREASE ECONOMIC VALUE ADDED: PART 2¡ªIMPLEMENTATION
%A M. Smith
%A P. Pretorius
%J South African Journal of Industrial Engineering
%D 2012
%I SAIIE
%X ENGLISH ABSTRACT: This article describes a way to implement the holistic approach of the Theory of Constraints (TOC) which will lead to an increase in the Economic Value Added (EVA) of a business. The approach consists of two parts: the adoption of the holistic approach, and the implementation of a new company strategy. The pitfalls in implementing a holistic approach are discussed. The elements of a company strategy that is compatible with the holistic approach are described. AFRIKAANSE OPSOMMING: Hierdie artikel beskryf ¡®n metode hoe om die holistiese benadering van die Teorie van Beperkinge (TVB) te implementeer met die doel om die Ekonomiese Toegevoegde Waarde (ETW) van ¡¯n besigheid te vermeerder. Die benadering is tweeledig: die ingebruikneming van die holistiese benadering, en die implementering van ¡¯n nuwe besigheidsstrategie. Die moontlike probleme in die implementering van die holistiese benadering word bespreek. Die elemente van ¡¯n besigheidsstrategie wat versoenbaar is met die holistiese benadering word beskryf.
%U http://sajie.journals.ac.za/pub/article/view/309