Problem-Solving Success Tip: Use Your Time for Problems that are Truly Important



Learn 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.

Use your time for problems that are truly important.

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.


Golf Options: Hit Fairways Your Way. - New Golf System that Explains How Setup and Swing Factors Affect Ball Flight and Solutions to Common Golf Problems.
Robert G. Allens Challenge. - 1 New York Times Bestselling Author Needs Your Success Story.


Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81



More Articles:


1. Lack of Operations Manuals stunting your growth?
Lack of Operations Manuals stunting your growth? CONTENTS: 1. Do you lack functional Operations Manuals? 2. Use a SYSTEM to write your Operations Manuals! 3. Yes, but my people just don't/won't write stuff down! 4. But people WILL write stuff down - if ... 5. Call to Action.============================================================1. Do you lack functional Operations Manuals?============================================================Great businesses depend on systems, not people.That's becaus…

2. Stomp Out "Leeches" In Your Company By Michael Mercer
Recently, I felt appalled to see a political candidate running on the motto of “Demand More!” That motto oozes extreme nerve, and implies some people think it is o.k., as the saying goes, to “rob Peter to pay Paul.”Well, this “Demand More!” philosophy led me to thinking about “leeches.” I define “leeches” as people who devote their time and energy trying to get something for nothing – including you and your company.YOU LET “LEECHES” INTO YOUR COMPANYMost companies have hired “leeches.” Thes…

3. Employees Need Some Perspective
Would you like to have your employees walk a few miles in your shoes? Looking for a simple way to explain the flow of the revenue and expenses for your business? Want to change the perspective on the gap between wages and amounts charged to customers? Adapt this exercise to your small business situation.George's Auto ServiceEvery person entering the management ranks of a large communications company were required to attend a management orientation workshop.During one workshop the facilitator han…

4. Improve Profitable "ROE" with Retention
'R.O.E.: Return On Employee --A measure of corporate business performance as determined by the gross revenue achieved per staff employee.'by Phil McCutchenMarketing Manager, VCG, Inc.As the definition above points out, ROE (Return On Employee) focuses on your staff, the people who generate the revenue that makes your operation profitable. For any business with above-average employee turnover, ROE is a critical component of success that is too often neglected by management. For the purposes of th…