APICS Michiana Presents -
Unbalancing The Balanced Scorecard
Date: Tuesday, October 14, 2003
Joint Meeting with ISM

Donn J. Novotny, PhD
The Balanced Scorecard Approach is being used by many companies today to measure their progress in achieving long-term strategic goals. The recognized architects of this approach are Robert S. Kaplan, (Harvard Business School) and David P. Morton (Renaissance Solutions, Inc.). Their approach, in many ways, is supported by The Theory Of Constraints. But there are inherent flaws in this approach that must be exposed and debated or this approach, too, will be riddled by measurements that can quickly become constraints.

This talk will focus on the proper role of measurements and the need to distinguish between planning and execution. It will also show that many measurements can be counter-productive and result in frustration throughout the ranks of management.


Donn J. Novotny, PhD is President and Chief Executive Officer of The Goal Institute, Inc. Dr. Novotny founded The Goal Institute after a 16 year tenure as a partner of the Avraham Y. Goldratt Institute, founded by Dr. Eliyahu M. Goldratt, author of The Goal. The Goal concepts have since evolved into the Theory of Constraints, which is the formulation of an overall theory for running an organization. Dr. Novotny is involved in the development, dissemination, and application of the many powerful tactical solutions that have been derived from this theory.

Dr. Novotny has lectured at many prestigious universities in North and South America and Institute programs have been incorporated into many of the curriculums. He also serves on the Education Task Force for the American Chamber of Commerce in Mexico as well as the advisory council for many other universities.

Industry has prospered as well with many of the companies in The Americas attributing their success to the practical application of the Theory of Constraints by Dr. Novotny to enhance delivery performance and supply chain issues as well as blend in with other techniques such as Lean, JIT and TPS. Many Fortune 100 companies are among his clients, including DaimlerChrysler, Ford and General Motors.

Dr. Novotny’s background includes extensive experience in industry as a consultant and executive as well as faculty appointments at Purdue, Wharton, and the University of Notre Dame. Simulation, network scheduling, and materials management have been the focus of his research and his work was instrumental in the development of many finite scheduling systems. His current research efforts are devoted to the need to identify and resolve the strategic constraints of supply chains. Only then can the tactical constraints necessary to support good strategies be properly addressed.


Agenda:
5:00-5:30 Setup, 5:30-6:15 Registration/Networking,6:15-7:00 Dinner,7:00 Speaker
Cost:
20  for non-APICS Members, 20 APICS Members. 10 Student - ID Required
This session is worth 1 Certification Maintenance Point(s)
For Reservations: Call 574.217.0960 or EMail Reservations with the following information:
Your Name, Company Name, if employed, Address, email address (for our newsletter list), Phone Number, Number of people for whom you are making reservations, and their Names and email addresses.

To be held at:
Windsor Park Conference Center