The document discusses the Theory of Constraints (TOC), an overall management philosophy introduced by Dr. Eliyahu M. Goldratt. TOC helps organizations continually achieve their goals by identifying the core constraints blocking them, then devising strategies to overcome those constraints. It uses a five-step process to identify the constraint, exploit it, subordinate everything else to addressing it, elevate its performance, and re-evaluate if the constraint has shifted. TOC has been applied successfully across industries to improve production, project management, distribution, supplier relations, and marketing. It provides an integrated problem-solving methodology to develop sustainable strategies that benefit all stakeholders.