A woman with a chef hat and apron, looking very stressed. A metal pie pan is at the bottom left.

All organizations have one or more constrained, or more accurately, constraining resources, resources that limit what can be accomplished. To illustrate, imagine that in a moment of poor impulse control, you agree to bake fourteen cherry pies for a company event. You have lots of cherries, lots of flour, mixing bowls, spoons, an oven that holds seven pies, and one, only ONE, pie pan. That pan is your constrained resource. We often think of constrained resources as tangible. For example, the auto industry is currently in a jam. It can’t get enough computer chips to make cars. Show rooms are nearly empty. Want a car? Expect to wait several months. As Rudyard Kipling said, “For want of a nail the shoe was lost. For want of a shoe the horse was lost . . .” But some resources that organizations need are intangible. You can’t see them, but they can…