Net Profits More Than Current Sales in 4 Years

Net Profits More Than Current Sales in 4 Years

Dr. Eli Goldratt, Creator of Theory of Constraints, Presents 'Viable Vision for Projects-Based Businesses' - Newark Airport - February 7, 2005

SILICON VALLEY, Dec. 15 /PRNewswire/ -- Realization Technologies today announced that it is sponsoring Dr. Eli Goldratt's full-day seminar, "A Viable Vision for Projects-Based Businesses," in the Sheraton Hotel at the Newark (NJ) Airport on Monday, February 7, 2005. Goldratt will detail how companies can make 2009's profits greater than this year's revenues.

Goldratt's paradigm-shattering book, "The Goal," in which a plant manager brings back his plant from the brink of shutdown to being the most profitable in the division, has sold more than 2.5 million copies worldwide.

The story was repeated in real life many times over by the book's readers and the book is required reading in MBA programs. Described as a genius by "Business Week," Goldratt is an author, a scientist and a business leader, who provokes managers to think. Often characterized as unconventional and stimulating, Goldratt exhorts his audience to examine and reassess their business practices with a fresh, new vision.

Goldratt's Viable Vision seminar presents a proven strategic plan and approach that lays out the steps to transform an organization's current total sales into net profits within four years. For the first time, he will explain the Viable Vision concept to projects-based businesses and provide attendees with a proven frame of reference and roadmap for achieving exponential growth in profits, without relying on minor miracles such as technology breakthroughs.

"As the CEO of a company myself, I look forward to learning how I can turn our present revenues into our net profits by 2009," said Realization Technologies CEO Sanjeev Gupta. "Using Dr. Goldratt's TOC and Critical Chain processes, we have already grown from ground zero to a worldwide entity very quickly without any outside investment.

"Providing TOC-based management solutions to project-based organizations, such as Hamilton Beach/Proctor-Silex, the U.S. Navy, the U.S. Air Force, Medtronic, SheaHomes, Lucent Technologies, Hewlett-Packard, DaimlerChrysler, FMC, Pfizer, Bombardier, HermanMiller, Siemens, Johnson Controls, Genencor and others, we are pleased to sponsor Dr. Eli Goldratt in a seminar that discusses how similar project-based businesses can have their net profits exceed current sales in only four years."

According to Gupta, the February seminar is especially applicable to such companies and other project-based organizations in equipment design and manufacturing, oil and gas exploration, shipbuilding and ship repair, engineer-to-order manufacturing, pharmaceuticals, software and software systems, plant maintenance and engineering, aircraft MRO (maintenance, repair and overhaul), architecture and design services, and construction, both commercial/industrial and home.

"Executives who attend can also apply for a complimentary Viable Vision analysis," explains Gupta. "If Dr. Goldratt can help construct a Viable Vision for an executive's company and turn present current sales into net profits in four years, he will discuss it with them in a two-hour meeting, including providing a proposal to take them through the process. This opportunity will be provided to only 15 companies attending the seminar." Gupta adds, "All Viable Vision proposals are based on a new business model in which 90+ percent of the fees are tied to achieving results. If there are no significant advances in performance, there are no payments. The fees are fixed, all-inclusive, defined in advance and will be dwarfed by the value received."

The full-day seminar will end with a cocktail reception from 4:45 to 7:00 pm.

To attend, interested CEOs, COOs and CFOs should email Realization Technologies at viablevisionl@realization.com or phone 408-271-1720 and ask for Stacey Lawson.

About Realization

Realization defies conventional wisdom, both business- and product-wise. It has grown without any VC money or marketing hype, by helping its customers achieve dramatic jumps in project speed and throughput. It ties its payments to achieving pre-defined performance targets.

For instance, the Switching Solutions Group of a major telecomm company has reduced project duration by one-third for over 95 percent of their projects. Their internal productivity metrics indicate a 45 percent improvement, and on-time delivery has sustained at 90+ percent over three years. Project Flow is used by over 100 leading organizations throughout the world. Realization is headquartered at 2 North First Street, San Jose, Calif. 95113. Website is www.realization.com.


Source: Realization Technologies

CONTACT: Tom Brigham of BRIGHAM SCULLY, +1-818-716-9021, or
tbrigham@brighamscully.com, for Realization

Web site: http://www.realization.com/

NOTE TO EDITORS: For a photograph of Dr. Eli Goldratt, go to www.brighamscully.com, click on Photo Downloads/Realization Technologies.

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