Example Problem Solving And Decision Making – Companies are under constant pressure to outperform their competitors. To maintain their position in the market, businesses need to find effective and creative solutions to problems. Before applying advanced problem solving techniques, the difference between decision making and problem solving must be understood.
Although problem solving and decision making are not the same thing, they are often used in the same context. The key difference between problem solving and decision making is that problem solving aims at finding solutions to problems whereas decision making aims at making choices between alternatives. In problem solving, possible solutions are usually not obvious. When you make a decision, the options are usually clear. For example: Problem Solving An HR manager cannot find a suitable candidate for a particular job. The HR manager can hire candidate A or candidate B.
Example Problem Solving And Decision Making
5 The difference between creative thinking decision making and problem solving. Decision Making: Problem Solving: Often done by one of the upper management, making it authoritative. It is a practice in which many existing options are considered and a choice is made which will be the best solution. It is part of problem solving because decisions must be made at each step of the problem-solving cycle. It consists of three steps namely: Identification of the problem. Consider possible solutions. Make a decision Creative thinking is needed in a process where alternatives are evaluated after investigating the problem. The team is people-driven and more inclusive than decision-making. It encourages creative thinking to find innovative solutions. It consists of 8 main steps namely: Define the problem. Identify alternatives. Evaluate alternatives and choose the best solution. Formulation/development of the strategy/action plan. Implement the strategy/action plan. Follow the strategy. Evaluate the process.
Decision Making In Engineering
All people and businesses face problems. A problem-solving cycle is a problem-solving tool used to solve problems. The process consists of eight steps that can be represented in a pie chart – it is represented as a circle because the process can be repeated if the problem is not solved by processing the process the first time.
Creative Thinking Acquiring Advanced Problem Solving Skills: The Problem Solving Cycle Steps: Description: Step 1: Identify the problem As it arises, you need to know what the problem is and understand it well before it can be solved. This is an important step because it focuses on the solution process. Record the symptoms of the problem. Get as many opinions as possible to solve the problem from different angels. Get as much information as possible about the problem. Step 2: Define the problem / Find possible causes of the problem If you have enough knowledge about the problem, you need to define the problem as specifically as possible. List all possible causes of the problem.
Steps in the Problem Solving Cycle: Description: Step 3: Identify Alternative Solutions List possible solutions using creative thinking techniques such as brainstorming, force field analysis, or the Delphi technique. There are usually several possible solutions to a problem (some better than others), but all possible solutions must be considered to develop the most feasible strategy. Step 4: Evaluate the alternatives and select the best solution Develop a set of criteria that a solution must meet to solve the problem in terms of: cost and time. Probability of success. Risks involved. Degree of resistance or acceptance by employees. Note that different solutions may cause other problems, so each should be carefully considered and considered before deciding on a particular strategy/solution.
Creative Thinking Acquiring Advanced Problem Solving Skills: The Problem Solving Cycle Steps: Description: Step 5: Develop a strategy or plan of action A strategy is a plan of action to solve a problem and requires further investigation before make a decision Teamwork will help formulate the best possible strategy. When a number of possible solutions have been identified and developed, a strategy must be decided which, in the opinion of the team, will be the best solution. Create a Gantt chart to indicate tasks, employees responsible for related tasks, and deadlines. Step 6: Implement the Strategy The solutions developed in the earlier stages of the problem-solving process have now been implemented. The steps to implement the strategy must be planned. Ensure that the necessary resources (financial, people, time, equipment, etc.) are available to implement the strategy.
Quantitative Discovery Part 1− Week 6 The Following
Creative Thinking Acquiring Advanced Problem Solving Skills: The Problem Solving Cycle Steps: Description: Step 7: Monitoring Strategies This step involves comparing actual results to desired results and determining which strategies worked and which did not. Check if the implemented strategy solves the problem. If not, or the result is not as effective as you thought, go back to step 3 and develop a different strategy. Step 8: Evaluate the Problem Solving Process Regardless of whether the strategy was successful or not, it is still important to evaluate the entire process used to determine the strategy. Evaluation can determine whether the process was effective or could be more effective. During the evaluation the following can be determined: Lessons to be learned from the problem. Can these lessons be used in other areas of business? Was there maybe a better/cheaper solution? During the evaluation, input was sought from everyone involved in the process.
Some examples of problems/challenges that can arise in a business environment. Micro environment: Market environment: Macro environment: Missing or changing mission and vision. Business risks Inadequate organizational culture. Acquisition, storage and distribution of resources. Difficult employees. Negotiations with unions. strike etc. Urbanization leads to the desolation of rural areas. Providing credit to customers. Demographic problems. Bargaining power of consumers. Insufficient stock from suppliers. Intermediaries that increase distribution costs. Services from intermediaries that do not meet expectations. strong competition. Consumer protection such as debt advice. Inflation / interest / exchange rate. New technology. The infrastructure is not maintained. Cost escalation due to e.g. Lack of fuel. Poor nutrition. The change of weather. Increasing the number of people in informal settlements. High unemployment rate and other socio-economic problems. The demand for organic products is increasing.
Advanced Creative Thinking Problem Solving Skills: Advanced Problem Solving Skills Technique: Description: Integrating other problems may not be within the scope of business skills. Management may then use consultants. Working in groups Some problems are too complex to be solved by individuals. Dividing employees into problem-solving teams is a creative problem-solving technique that has many advantages, including: Viewing the problem from different angles. Access to a broad base of knowledge, skills and expertise. Get a thorough analysis of the problem. Proactive Problem Solving Proactive problem solving means anticipating problems and preventing them from occurring. This strategy will ensure that resources are not wasted on avoidable problems.
Creative Thinking Acquiring Advanced Problem Solving Skills: Advanced Problem Solving Skills Technique: Description: Intuitive Decision Making Problem solving teams often need to make decisions or solve problems when time and information are limited. In such cases, problem-solving teams must rely on intuition, common sense, and past experience. SWOT Analysis SWOT analysis forces management to analyze the company’s strengths and weaknesses. This helps management anticipate problems and prevent them from occurring.
E. Problem Solving & Decision Making — Icarecommunity
Technique: Description: PESTLE Analysis PESTLE analysis assesses the business environment as follows: Political (what is happening at the political level? eg tax regulations, labor laws). economic (what is happening in the economy? eg economic growth, unemployment, cost of living)? social (what is happening at the societal level? eg cultural norms and standards, health, population growth); technological (how does technology affect the business? eg what new technologies are available?) legal (what is changing in the law? eg import and export laws, labor laws)? and environmental factors (what is happening in the environment? eg global warming) and will help management anticipate problems related to these factors. PESTLE analysis is suitable for large enterprises.
Applying creative thinking to complex business problems: What is creative thinking? To be creative is to be original, inventive or resourceful. To provide any new or original ideas. For many people, creative thinking is a difficult process. Many people tend to think of the most obvious solution rather than the most creative when solving a problem. Creative thinking can help entrepreneurs come up with better ideas than their competitors. Existing products can be improved through creative thinking. It also helps develop innovative marketing strategies. Problems can be solved through creative thinking.
Applying creative thinking to complex business problems: What is creative thinking? There is a difference between ordinary thinking and creative thinking. Think regularly
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