Today's dynamic business world demands that you make decisions that significantly boost productivity and drive competitive advantage. But how do you know whether a decision will benefit the organization? And how do you know that the decisions are based on rational and statistical reasoning? Explore how to become a dynamic problem solver with the skills to make accurate decisions.
Problem-solving is a set of activities designed to analyze a situation systematically and generate, implement, and evaluate solutions.
Problem Solving is the seeking of solutions to problems that arise in an organization.
A problem is an intricate unsettled question: a source of perplexity, distress, or vexation. The problem-solving process leads to the formulation of decisions intended to resolve the recognized problems.
The problem refers to the existence of a gap between where a person is and where one would like to be. The thought process involved in a person's effort to remove obstacles in the way to achieve the goal state is called problem-solving.
Problem-solving begins with a certain original state called the initial state of a problem. Problem-solving behavior begins with an obstacle or difference between the original or initial state and goal or end state. The goal is desired by the operator in the situation and has some properties defined by the operator to convert the problem state into the goal state.
What are the principles of sound decision making and different decision-making styles? How do you measure the return-on-investment of your decisions? How to make decisions with business partners who might not see the world the same way you do?
There are many approaches to problem-solving, depending on the nature of the problem and the people involved in the problem.
The rational approach involves clarifying, giving a description of the problem, analyzing causes, identifying alternatives, assessing each alternative, choosing one, implementing it, and evaluating whether the problem was solved or not.
This approach asserts that "problems" are often the result of our own perspectives or a phenomenon. For example, if we look at a particular situation as a "problem," then it will become one and we'll probably get very stuck with the "problem". The appreciative inquiry includes identification of our best times about the situation in the past, wishing and thinking about what worked best then, envisioning what we want in the future, and building from our strengths to work toward our vision.
In an organizational context, one should adopt rational and creative approaches to problem-solving. Using a problem-solving approach and tools you can achieve the right mindset for problem-solving, can brainstorm alternatives, and analyze the problem using analogies, idea nets, and mind mapping and eventually visualize the best solution to your problem. Given below are generally accepted steps to problem-solving:
Problem identification is undoubtedly the most important and the most difficult step in the process. All subsequent steps will be based on how you define and assess the problem at hand. A problem is a situation or condition of people or the organization that exists but members of the institution consider that undesirable.
The second step in the problem-solving process is to explore alternative solutions to the problem identified in step 1. In this step one tries to generate and evaluate alternatives by doing brainstorming, taking surveys or facilitating discussions.
The third step in the problem-solving model is to select one of the alternatives. After one has evaluated each alternative, one alternative needs to be selected that would come closest to solving the problem with the most pros and minimum cons.
The fourth step involves developing an action plan and implementation by arranging funding, resources, timelines, and target objectives. Resources include people, information (data), and things. The plan should state who will do what and when. And finally, implement the action plan to put the decision in place.
Evaluation means to monitor the progress to establish if the situation has changed and the problem has been resolved. Evaluating the results to declare the success of the alternative deployed.
We define Lean as the systematic elimination of waste through a continual effort to decrease inefficiency; the lean leader strives to create a more efficient organization. Lean leadership is a philosophy. It is a consistent way of thinking and being in your role as a leader. The focus of this approach is on raising new leaders and help their team embrace a culture of continuous improvement. Learn what we mean by lean leadership style and its principles.
Participative leadership is one of the most effective styles and creates higher productivity, better contributions from group members, and increased group morale. The democratic leadership style consists of the leader sharing the decision-making abilities with group members by promoting the interests of the group members. Learn more about this leadership style and situations when it is effective.
Creating Highly Effective Teams
How do we create effective teams? What comes to mind when you think about an effective team? High performing teams exhibit accountability, purpose, cohesiveness, and collaboration. It is a team that works seamlessly as a whole. Everyone brings unique talents and strengths and support each other to bring out the best in everyone. How do you create one?
Storming Stage of Team Development
Storming is the second stage of team development and this stage is characterized by a bid for power and inter-personal conflicts. Learn the key factors that occur in the storming stage and the strategies that a team leader can adopt to pass this stage of high winds
Reasons behind Wastage of Time
Under-utilization of time may be due to the faulty system or faults of manager/officer/leader or due to lack of planning. There could be many factors driving the procrastination behavior like system issues, personal work habits, and lack of delegation, personality traits, and bad working habits of the leader, failure to tackle interpersonal conflicts, obstacles, and lack of far-sightedness.
Understanding Corporate Strategy
Management outlook and procedures have been revolutionized by more and more innovations over the recent years. It is no longer possible to follow traditional approaches to develop your organization's direction, its management as well its effectiveness. Senior managers need to be good decision-makers. In this section, we introduce concepts for strategy, strategic planning, strategic leadership, their exact meaning and associated terms, and how to use them.
Authoritarian Leadership Style
Although generally considered as a traditional, outdated, and non-preferred style of leadership, the autocratic style still can be used effectively in certain situations. It is a leadership style characterized by individual absolute control over a group. If you work for an autocratic leader, your job is usually to do what you're told. Learn more about this style and situations where this could be an effective style to use and when to avoid this type of approach. Analyze the characteristics of this style to evaluate if your followers consider you an authoritarian leader!
Collaborative leadership is all about collaborative problem-solving and decision-making or can also be defined as the leadership of a collaborative effort. . The term started to appear in the mid-1990s in response to the formation of long term public-private partnerships to rebuild public infrastructure. Learn how you can use principles of collaborative leadership to enhance your leadership skills for being an effective leader.
Benefits of Teams in Workplace
The use of formal work teams is commonplace in modern organizations. But why we have teams? What are the benefits or advantages that teams provide for organizations and employees? Do we really need to adopt formal team structures and use team-building approaches in organizations? Read this article to explore and learn the benefits of having formal teams in organizations.
Tips for Effective Time Management
After studying and analyzing how time is spent, why time is wasted, and where time is wasted you need to decide about the changes required for effective utilization of time. For this purpose, a large number of remedial measures can be taken by you. The first and foremost determinant of a planned and purposeful utilization of time is to develop consciousness of the value of time at all levels of the organization. Planning, goal setting, and defining priorities are concerns to addressed immediately.
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