Theory of Constraints

Centre for Family Business & Entrepreneurship in collaboration with Goldratt Bharat is offering an Advanced Management Programme on Theory Of Constraints for its Alumni, participants, their family members and friends.

TOC is a management philosophy that treats a corporation as an interlinked, interdependent system rather than just a collection of independent processes or functions. TOC was first introduced by Dr. Eli Goldratt in his best selling book THE GOAL. He observed that just as the strength of a chain is dictated by its weakest link, the overall performance of any company is dictated by its constraint. If you can find a way to manage the constraint you can dramatically increase cash, sales, and profit without any significant investment.

TOC provides a simple and effective process for system improvement or five focusing steps, outlined in the image-



The core idea in TOC is that every system, such as a money-making enterprise must have at least one constraint that limits the system to achieving its goal. The long-term strategic application of TOC does not call for continuous removal of all constraints. In any case, there will always be one constraint. The idea is to choose where the constraint should be, in order to make best use of market opportunities, and then keep it there.

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The sessions will be interactive, the format will be hands-on workshop with live examples from participants, providing tangible take-aways and actions that teams can take going forward. Presentation, templates, and support material (soft copies) will be provided to participants to ensure that they can use the learnings in their business going forward.

Salient Features

  • 9 weekend online programme with classes being held on Saturdays & Sundays (2 hour each)
  • A bonus – 10th module conducted after 2 months of the programme completion for stock taking and implementation
  • Small batch size
  • Certificate of Participation

Additional Benefit

Participants can avail the opportunity of getting SPJIMR's Executive Alumni Status on completion of 50 sessions

Programme Structure

TOC is an online weekend programme comprising of 10 modules detailed as below-

Module 1: TOC Fundamentals

Module 2: Five Focusing Steps

Module 3: Constraint Identification

Module 4: Supply Chain Planning I – Managing RM Inventory

Module 5: Supply Chain Planning II – Managing WIP and FG Inventory

Module 6: TOC Application for Operations

Module 7: Weekly Review Process

Module 8: Planning – How to make a rolling 4 week plan

Module 9: Marketing and Product Mix Decisions

Additional follow up session – to be held 8 weeks after the program

Module 10: Creating a Culture of Better than Before



Mr. Ravi Gilani, Founder & Managing consultant, Goldratt Bharat

Ravi Gilani, Founder & Managing Consultant, Goldratt Bharat is globally renowned as the foremost expert for enabling companies to improve their cash flow dramatically in a few weeks. Ravi introduced TOC to Indian companies in 1998. He is the only Indian to receive the Lifetime Achievement Award from TOCICO for his contribution to the industry. Prior to founding Goldratt Bharat, Ravi worked with organizations such as Tata Motors, Eicher, and ECS (Formerly Eicher Consultancy Services). During his consulting career of over 25 years, Ravi has consulted for Indian and transnational organizations, such as L&T, Godrej & Boyce, Eicher, Jindal Steel & Power Limited, Paharpur Cooling Towers, Tata Advanced Materials Ltd, Tata Boeing, Hyva, Gokaldas Images, Thomson Press, Flexituff to name a few. Ravi is an alumnus of IIT Delhi. In addition to consulting assignments, he enjoys sharing his vast experience in Indian industry as a keynote speaker. He is an internationally sought-after speaker, and has presented case studies at several international forums such as YPO, PHDCCI, IEEMA, TOC Practitioners Alliance, BCIC, Halogen Singapore and many more.



Ms.Ira Gilani, Director, Goldratt Bharat

Ira Gilani is a management consultant with over 16 years of experience across pharmaceuticals, apparel, aerospace, steel, and automotive sectors. Prior to her role as Director at Goldratt Bharat, Ira was a Consultant at Accenture Strategy. At Accenture, she worked extensively with Indian as well as global clients. Ira is an MBA from IIFT, New Delhi. Ira is a TOCICO (Theory of Constraints International Certification Organization) certified expert. She has been trained in TOC Thinking Processes at Goldratt’s Odyssey program at Netherlands. She has been practicing these tools for over 10 years, and has conducted inhouse workshops at companies such as Sanofi, Flipkart, NTPC, Tata Group, Airtel, Mahindra & Mahindra, Wipro.

Eligibility Criteria

A potential candidate for the TOC program needs to fulfill the following criteria:

  • Should be an owner of a business
  • Has an active role in the business currently
  • Should be comfortable with English

Fee Structure

The Program fee is INR 88,000 + 18% GST payable in full at the time of admissions.

*15% discount for FMB Alumni and Participants ( INR 75,000 +18% GST)


Admission process

Participants desirous of joining the programme need to fill an online application form and pay the fees as per the fee schedule.

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Contact details

Ms. Shilpa Mehta - 8779776891

Ms. Binal Thakkar - 9930937738

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Bhavan's Campus
Munshi Nagar | Dadabhai Road,
Andheri West | Mumbai - 400 058, India Reception: +91 22 61454200
Delhi Centre
Bharatiya Vidya Bhavan Campus, 
3rd Floor Gate No. 4, Copernicus Lane
Kasturba Gandhi Marg, New Delhi-110001
Telephone: 011-23073121, 011-23006871
Direct Line: 011- 23383563

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