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. Is Your Management Style Assisting or Hurting Your Business? By Vishal P. Rao Many times business owners can have significant differences in management styles that can deter the growth of both the employees and the business.Employees can have differing needs that require differing methods of management as well. Problems arise when the management style of a business owner does not match the needs of the employees.There are two basic management styles that are also broken down into more minor categories, the Autocratic Management Style and the Permissive Management Style.… 2. Five Secrets to Gaining Credibility with Your Team for Outstanding Results Towers Perrin, the corporate benefits consulting firm,surveyed over 1000 American workers and found thefollowing:* Only 51 percent of all workers trust their organizations totell the truth in employee communications* Only 48 percent of all workers with more than five years oftenure believe their companies are honest in their employeecommunications* Only 44 percent of all workers over age 50 trust theirorganizations to tell them the truth in employeecommunicationsOrganizations then wonder why wor… 3. Why You Need a Business Plan By Bob Nicholson This article was originally called "Do You Need a Business Plan?"The title was changed because in truth, every business needs a business plan. It’s a common misconception that business plans are used only for raising capital, as in "my bank wants to see a business plan before they will approve a loan," or, "I need a business plan so I can get venture funding."But a business plan is really just what it sounds like: a plan for running your business. It’s an essential tool for making sure tha… 4. Dialogue: the Four Dialogic Principles For Successful Communication By Lee Hopkins "But you don't understand!" exclaimed the manager, "this new initiative is vital for our team. If it doesn't work we could all be out of a job!" "Uh-huh... Really... Explain to me again how this new initiative is so different from previous initiatives that were also going to cost me my job if they didn't work" asked the long-term employee. "Look; we have to do this. Can't you see?" "Why do we have to do this? No-one has explained to me yet 'why'." And … |
||||