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Practice Makes Profit

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Manage episode 463120202 series 2921506
Content provided by Mark Gandy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Gandy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

David is a dermatologist whose practice can't seemingly make the money it should be.
David meets a great accountant named Graham. Graham is a TOC bottleneck specialist for all types of businesses, not just manufacturing. He speaks and teaches his clients in a way that is easy to understand and can quickly implement the ideas.
That's the storyline of Practice Makes Profit by Graham Scott. This book answers four questions: 1) why the money we spend on improvements rarely improves operating cash flow, 2) why business owners get stuck in a holding pattern, 3) how TOC can be used to solve simple problems, and 4) how to apply TOC outside of manufacturing.
In this conversation, we address why bottleneck thinking applies to all types of businesses, why budgeting is not a solution for pairing costs, and how to offload work to non-bottlenecks.

  continue reading

Chapters

1. Practice Makes Profit (00:00:00)

2. [Ad] The New Manager Playbook with Lia Garvin (00:15:35)

3. (Cont.) Practice Makes Profit (00:16:19)

255 episodes

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Practice Makes Profit

CFO Bookshelf

11 subscribers

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Manage episode 463120202 series 2921506
Content provided by Mark Gandy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Gandy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

David is a dermatologist whose practice can't seemingly make the money it should be.
David meets a great accountant named Graham. Graham is a TOC bottleneck specialist for all types of businesses, not just manufacturing. He speaks and teaches his clients in a way that is easy to understand and can quickly implement the ideas.
That's the storyline of Practice Makes Profit by Graham Scott. This book answers four questions: 1) why the money we spend on improvements rarely improves operating cash flow, 2) why business owners get stuck in a holding pattern, 3) how TOC can be used to solve simple problems, and 4) how to apply TOC outside of manufacturing.
In this conversation, we address why bottleneck thinking applies to all types of businesses, why budgeting is not a solution for pairing costs, and how to offload work to non-bottlenecks.

  continue reading

Chapters

1. Practice Makes Profit (00:00:00)

2. [Ad] The New Manager Playbook with Lia Garvin (00:15:35)

3. (Cont.) Practice Makes Profit (00:16:19)

255 episodes

All episodes

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