#45: Dr. Alan Barnard CEO of Goldratt Research Labs

Dr. Alan Barnard is one of the world’s leading Decision Scientist and Theory of Constraints’ experts. Alan, a serial entrepreneur, is the Founder and CEO of Goldratt Research Labs, a company he co-founded in 2008 together with Dr. Eli Goldratt, creator of Theory of Constraints. They were both passionate about applying a robust scientific approach to developing new Thinking & Decision making methods and advanced technologies to help people make better, faster decisions – decisions that move them closer to their goals.Today, Alan works as a Strategy advisor, Researcher, and Theory of Constraint (TOC) expert and educator, with both Fortune 500 companies as well as NGO’s and Government Agencies. His clients include Microsoft, Cargill, Tata Steel, Nike, ABB, BHP, Cisco, South32, SAP, Intel, Penguin Random House, BC Rail, Larsen & Toubro, Premier Foods, Fujitsu, Habitat for Humanity, UNDP, UNWFP, and Utah Governor’s Office of Management and Budget.Discover more details here.Some of the highlights of the episode:[06:25] South African Breweries Supply Chain – Identifying the difference between the best day, the average day, and the worst day[14:30] A life’s goal is simply a dream taken seriously – the importance of powerful goals. [20:46] The goal of Goldratt Research Labs – help individuals and organizations make better, faster decisions when it really matters.[26:23] Simulation Models – How a 1% change in average selling price can create a 20% reduction in net profit[31:22] Working with the largest book publisher in the world – how they doubled their profits using the theory of constraints [40:33] Microsoft project – how they saved a quarter of a billion dollars by using the right decision support appsFollow us on:Instagram: http://bit.ly/2Wba8v7Twitter: http://bit.ly/2WeulzXLinkedin: http://bit.ly/2w9YSQXFacebook: http://bit.ly/2HtryLd