Monday, December 28, 2009

Best approach to Problem Solving and Decision making

Most of the problems though look complicated and having many shades like this cube, but if they are dealt systematically, a lot of hassle can be avoided and one can come out of the problem easily

The basic steps for any solving any problem are:

1. Define the Problem
2. Look at Potential causes for the Problem
3. Identify your alternatives
4. Select an approach to resolve the problem
5. Implement the best alternative
6. Monitor/control the implementation closely
7. Verify the outcome i.e. check it if the problem has been resolved or not

As management students, we should definitely be at ease with this approach. The important thing here is that each step is equally important. You cannot overstate or understate any one step.

And what I personally think is, all of us are very eager for step 1,3, 4, 5, but we dont pay that much heed to step number 2,6,7, and the lack of their implementation most of the time causes a lot of new problems.
Material Source: http://managementhelp.org/prsn_prd/prb_bsc.htm
Image source: http://starrcline.com/images/s_rubik-cube.jpg

2 comments:

Syed Ahmad Hashmi said...

you once again highlighted a very important aspect. This approach to problem solving and decision making is the main tool of many successful marketers today. Each step as you stated has equal significance because an ideal decision has to be made by analysing a problem with multiple dimensions and issues. I found this addition of yours extremely useful and relevant.
Keep the good work going.

Rabbia Nasir Amin said...

yeahh of course, each step is equally important, and ignoring any one of them may lead to ineffectiveness and inefiiciency