Measurement Nightmare on DVD

Now Debra Smith can come right to your desk!

Debra is a dynamic, passionate and captivating internationally recognized speaker that keeps the audience on their toes. Debra has been the featured speaker at events throughout North America, Europe and Africa . This session of the Measurement Nightmare was professionally taped and edited at the 2005 Constraints Management User Conference in Seattle, WA.

“Excellent, very passionate, good real world examples.”
“Debra is motivated & passionate about the subject matter, I couldn’t help but buy into the process with her dynamic approach…”
“Debra’s passion for TOC made this workshop. She provides hands on examples and took the time to answer all questions.”
Debra has extensive experience in public accounting, financial management in manufacturing companies, teaching at the University level and consulting in TOC. Debra began working with Dr. Eli Goldratt, author of the business novel, “The Goal,” in 1990 when she was an Associate Professor of Accounting at the university of Puget Sound in Tacoma , WA . She is responsible for original research focused on understanding changes necessary in measurements, accounting and information systems to support continuous improvement processes in manufacturing.

She is co-author of “The Theory of Constraints and Its Implications for Management Accounting”, an independent research study of the Theory of Constraints funded by the Institute of Management Accounting . She has a second book entitled “The Measurement Nightmare, how the Theory of Constraints Can Resolve Conflicting Strategies, Policies and Measures”.

Prior to teaching Ms. Smith worked in public accounting as a CPA for Deloitte & Touche and spent nine years in publicly traded manufacturing firms, both as a Division Controller and Vice President of Finance and Operations. She is internationally recognized as an authority on management accounting and is a noted speaker on the Theory of Constraints. In 2001 Ms. Smith was elected to the founding Board of Directors of the Theory of Constraints International Certification Organization (TOCICO), a certification organization founded by Dr. Eli Goldratt.

Today's competitive environment requires that companies distinguish themselves in the marketplace using factors other than prices. Companies that excel at on-time delivery, short cycle/lead time, quality, and fast response to the market gain a competitive edge - and have the ability to market based on these features.

A proven approach to achieve this is the Theory of Constraints (TOC) production solution known, as Drum-Buffer-Rope scheduling. Just-In-Time (JIT), Total Quality Management (TQM) and other philosophies aim at exploiting these competitive edge factors. However, accounting systems, financial, and incentive measurements continue to be the biggest stumbling blocks to companies wishing to improve their financial performance with these tools. Agreement on the need for a measurement system that encourages local actions in line with bottom line results is common, but solutions have remained elusive.

Whether a company is pursuing JIT, TQM, or TOC, cost accounting is the common enemy. Attempts have been made to introduce "new" costing methods such as activity based costing and economic value added, but they have failed to recognize the basic difference between product costing for financial statement purposes and collective management information to make real time decisions. The Measurement Nightmare shows you how to resolve the conflicts and remove the accounting systems, financial, and incentive measurement roadblocks to adopting TOC, thereby gaining improved performance and sustaining competitive advantage. The techniques that the author, leading authority Debra Smith, has implemented and tracked at various companies highlight "the productivity measurement nightmare". Especially important are the day-to-day tools she helped developed to ensure successful implementation.

Contents Include: 3 DVD's that show the entire Measurement Nightmare Workshop, as delivered during the 2005 Constraints Management Users Conference. 1 CD with a printable material packet of the presentation slide show, to print and follow along as you watch the DVD's *Once this product has been opened, the DVD/CD's may not be returned, items may only be exchanged if technical issues occur.

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