Steps to solve any business related problems??

Re: Steps to solve any business related problems??

Hi

Throughout your lifetime, you will experience a problem or two. Here is a helpful three-step process you can use to tackle problems which might otherwise seem huge, overwhelming and excessively complex.

Get the facts. To get the facts quickly, effectively and reliably, ask yourself, "So what?" This simple question will help identify and define the problem. Repeat this question at least five times after every answer to uncover the "root" or real problem so that it can be solved.

Brainstorm solutions. The best-known and widely used problem-solving technique is brainstorming. One major reason why brainstorming is useful is that it helps to free the mind from fixed ideas. In a brainstorming session, you suspend judgment and analysis while deliberately coming up with as many solutions as possible and by pushing ideas as far as possible. Here are a few basic rules for effective brainstorming.

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Re: Steps to solve any business related problems??

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Re: Steps to solve any business related problems??

In any type of business either its small or large, complex problem can arise and business person has to take the important decision on urgent basis. The main reason behind failure of any decision maker is lack of systematic approach. Before taking any important decision regarding complex problems, one has to search for many possible solutions.

Steps to solve any business related problems are as follows
Be aware
In every business, problem exists. As problem comes, decision making begins. A business person has to constantly take actions to solve these problems. While solving the problem, one must understand that it can become an important opportunity.
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Re: Steps to solve any business related problems??

Hello Friends

Thank you for sharing the useful information. Please keep sharing more and more.

Have a great day

Re: Steps to solve any business related problems??

As entrepreneurs, we deal with business problems often. They can be complaints from angry customers, delayed payments, unreliable suppliers, and many other issues to deal with. Our role is to be the problem-solver in the company, together with our dependable employees. While there are many complicated ways to solve problems, you might to go back to basics:
Identify the Main Problem

Seems pretty obvious? Not quite. Many entrepreneurs confuse the effects of the problems with the real problems. Poor inventory planning, for instance, could result in late deliveries or cancellation of orders. While this is the root cause, some may blame the logistics guys for not sticking to schedule or even your customers for being so impatient. You should retrace your steps to identify the main issues.

More importantly, Software Project Management reminds us not to look back to find who is guilty. Instead, let’s focus on fighting the problems.
Generate Alternatives

It’s time to brainstorm and find all the possible solutions. Follow the advice of Chess Grandmaster Emanuel Lasker: “When you see a good move, look for a better one.” Don’t scrap any ideas yet.

From that pool, start selecting the most practical solutions. You might want to set some criteria for your evaluation. For instance, speed might be more important than cost or vice versa.
Implement

Create your action plans, emphasize accountabilities, and set your timetable for implementation. You will realize that your plan is not 100% accurate and there are times you need to adjust or even abandon your plans. That’s why it’s important to have several options.

Part of implementation is monitoring the progress and impact of your solution. If you are still not satisfied, you can rework again.