Using #Gupta Leaks: KPMG missed more money laundering red flags. Access the arti

Question

Using #Gupta Leaks: KPMG missed more money laundering red flags. Access the article from https://www.fin24.com/Companies/Financial-Services/guptaleaks-kpmg-missed-more-money-laundering-red-flags-20171124

Answer the following questions

: Identify and discuss four constraints in the value chain of your chosen business unit that needs to be changed to have the most significant impact on the performance of the system. Give reasons why you have pinpointed the specific constraint(s) as such. You must use the Theory of Constraints’ thinking processes for substantiating your argument. It should be difficult to disprove your point; in other words, it must be an airtight case.

Explanation / Answer

four constraints:

1. Policy constraints -

The policy constraints are a management imposed guideline on how a process is to run that may be

written or unwritten- including mindset constraints, measures constraints, and methods

constraints. Mindset is the thought process or culture of the organization. Measures constraints

encourage behaviors that have an adverse impact on the performance of an

organization. Methods constraints are the procedures and techniques that are used to determine how organizations carry out their day-to-day operations. These constraints if not managed, will interfere with the smooth functioning of the organization that in turn reduce the overall throughput.

2. People constraints- Shortage of skilled labor and restrictive labor practices, can play a crucial role in the generating of output and overall achievement of the organizational goal. organizations cannot afford to waste the potential of their workforce in today’s competitive business environment.

3.. Equipment constraint -- The scale and capacity of equipment and machinery determine the level of production. Properly configured equipment enable the manufacturing organizations to achieve the required level of output and achieve sustainable growth

4. Market constraints - Market constraints results when market demand is less than the capacity of the organization. They control product, pricing, lead time; quantity, quality of goods or services demanded and the organization’s throughput.

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