Problem-Solving Success Tip: Use Your Time for Problems that are Truly ImportantLearn Management Articles on management-info.biz. Problem-Solving Success Tip: Use Your Time for Problems that are Truly Important article will help answer your questions on Management Articles.We at management-info.biz specialize in Management Articles. Management Articles at management-info.biz provides the most up to date news and articles. If you have questions please do not hesitate to contact us.
Hard as it may be to walk away once you're aware of it, just because a problem is there doesn't mean you have to solve it. Ask yourself and your colleagues, 'What will happen if we don't solve this problem?' If the answer is, 'not much,' then turn your attention to something more important. If you don't know what will happen, find out before you undertake a problem-solving project. It should be clear to you and everyone else involved that the problem is worth the effort--and expense--to fix it. Quantify the cost of the problem quickly, but as realistically as you can. Include lost opportunity costs as well as real expenses such as staff time to deal with the problem, travel expenses, etc. Use actual costs where you can; estimate where you can't. Then guesstimate what it will cost to analyze and fix it. Write your analysis down, stating all your assumptions explicitly. Get a colleague to verify that your assumptions and estimates are reasonable. Start with a rough 'order of magnitude' estimate. That may be enough to answer the question of whether you should proceed. If it's not clear, especially if the cost to solve it will be high, do a more careful analysis. If it will cost more to fix than to live with the problem, or if the number is even close, perhaps your resources (time, people, money) are better spent on other projects. If you decide to proceed anyway, you can do so with a better understanding of what you're undertaking. On the other hand, if you can demonstrate that the cost of the problem is much higher than the cost of solving it, using estimates based on reasonable assumptions, it will generally be much easier to get the resources you need. You can use your written analysis as a sales tool to help win support for your decision to proceed or not. We have to learn to distinguish those things that are truly important from those that are merely urgent. --Jerry D. Campbell
copyright 2005. Jeanne Sawyer. All Rights Reserved. |
More Articles:1. The Cost of Stress - the Need to Monitor and Manage the Risks! How much attention is paid to one of the biggest underlying risk factors within an organisation – the effects of stress? Not only are there a lot of potential risks arising from the spread of stress within an organisation, it costs them a great deal of money!!Let us start with looking at some hard-nosed numbers (based on the UK.). The CBI estimate that there is a cost of £4bn per annum to industry as a direct result of stress related absence.This figure can rise to over £7bn when you consider th… 2. The 5 Things Great Managers Sense about their People, Every Day By Martin Haworth Using all of your senses, to help you test how your people are feeling in your business, is a learned skill. Once you start to use it, your abilities to notice become refined and you have a background sensor working for you, day after day.As a precursor to having the quick route into how your people are feeling each day, it is a big help if you have open and honest relationships with them to start with. This comes from keeping in regular conversation with them, being true to your word and und… 3. Developing Global Manufacturing Operations - Issues, Challenges and Potential Solutions By Devanand Devarajan IntroductionManufacturing companies have started venturing globally to take advantage of low cost manufacturing, geographical location, resource availability and so forth. Developing and managing global manufacturing operations have continuously been a challenging task for company’s world wide. This article attempts to explore 10 most significant issues of concern, challenges faced, and potential solutions for multi-national manufacturing organizations as they start operating globally.1. Manag… 4. Resistance - How to Handle It By Alan Fairweather Do you ever meet with resistance from other people - I bet you do! It might be a customer, a colleague, a member of your team or even someone in your personal life. Dealing with resistance or objections is one of the biggest challenges faced by business people; so let's consider why we get resistance and how we can handle it. I'm going to talk about customer contacts but the same rules apply whether it's a colleague or even someone in your personal life.Well there's good news and bad news - fi… |
||||
