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. Towing on the Net By Todd Althouse The Internet has grown significantly in the last several years. Almost all businesses today use email for everyday correspondence. It is being used in the towing industry by motorclubs and towers alike. The motorclubs dispatch calls and accept claims over the Internet. Many towers are using it to send pages to drivers, to track their truck locations, and in some cases they have even virtually eliminated the radio by using two-way pages or Mobile Data Terminals (MDTs). The next generation of to… 2. Experiences of Management Coaching (Part 2) By Chris Stowell In our experience, we have found that there are several reasons managers fail to get employees to see and acknowledge that they have a problem.They assume. Many managers bypass the step of getting agreement because they assume that an employee views the problem in the same way that they do. However, that is often not the case, especially when the performance problem is a pattern of behavior rather than a single event. People generally do things that they perceive to be in their own best intere… 3. Money, Motivation, Success and Who? By Barry Maher It was 7:30 on a Saturday morning, and I was setting up to do the opening keynote for the conference. For some reason--I have no idea why--the sound man thought his ten year old daughter would enjoy my presentation. He'd brought her with him to work.Watching her father wiring this and plugging in that, the girl was soon as bored as only a ten year old can be. Eventually, she sauntered over to me."So who are you?" she demanded."I’m Barry Maher."Overwhelmingly unimpressed, she asked, "And w… 4. A Definition Of Yield Management By Dominic Martin Yield Management: A yield management system, which can also be referred to as revenue management, is a system that attempts to understand, anticipate and then react to consumer behaviour in order to maximise revenue/profit.How Does Yield Management Work?To acheive maximum revenue/profit, a yield management system needs to have an understanding of what has happened before and what is happening now; using this historical data to predict what may then happen in the future. So the yield managemen… |
||||