How To Solve Business Problems

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Problem-solving – it’s a critical skill to have if you’re going to be a leader, an innovator, a game-changer.

Some of today’s greatest and successful leaders are dedicated to solving problems – think Elon Musk, Richard Branson and Holly Ransom.

A solution to which you've given considerable thought isn't always the best option either.

Position yourself to implement a thoughtful and useful solution if you have multiple options and evaluate the pros and cons of each.

In addition to developing multiple solutions, it's prudent to engage multiple stakeholders when solving problems, especially if these problems call for systems-level solutions.

If you've given quality thought and attention to identifying and analyzing a problem and then developing possible solutions, you have already laid the groundwork for choosing an optimal solution.

Thus, she needs to overcome problems with logical thinking and quick reactions.

Tselios says resilience is one of the biggest characteristics of an effective problem-solver.

She says frameworks, theories and models come from formal understandings of what has been done in the past and the ability to critically think those things through.

“Understanding commercial strategies of global companies is important regardless of if they are in your industry or not.