To Solve This Problem

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It is typically easier to advise others how to react in a particular problematic situation than to confront that same or similar situation ourselves.

This is a main reason individuals seek solutions by consulting others for outside opinions.

Try to find 6-8 varying alternatives when resolving a particular problem.

For every alternative you formed in the previous step, weigh the positive effects and negative consequences that each solution would bring.

But again, the analysis is a focused effort designed to prove or disprove your primary hypothesis.

If you prove it's a valuable solution, you'll have some impact and then move on to the next most likely idea. You may not find the biggest idea on the first shot but at least you're making a contribution (unlike those folks who analyze Now you need to start selling that recommendation so it gets implemented. On the other side, you've got fixed-cost, variable-cost, and semi-variable-cost issues. The revenue side breaks down further into price and volume issues.When you decide on a solution, it is important to create a timeline of when you intend to achieve your ultimate goal. In this phase, concentrate on the journey that will lead you to your goal- don't worry yourself with potential problems. That's great in theory, but here's the thing: How do you know that you're working on the right problem? That your chosen solutions are the ones with the highest potential impact? For example, if you have a volume issue on the revenue side of things, you might suggest entering new markets, launching a new product, or expanding distribution channels. Those are your four initial hypotheses for that particular issue.For every and any option, determine its advantages and its risks. The best solution is not necessarily the option with the most pros and/or the least cons. Maybe you didn't quite choose the right solution or the situation changed. Take this newfound knowledge, return to the beginning steps, and try again!Think about what means more to you, which solution can highlight the positive effects that matter the most to you, and which solution produces the mildest consequences. When you fix a symptom, the root problem doesn't go away--it simply manifests as a new symptom. Once you've looked through different lenses and found root causes, you should have a clearly defined problem. All of us have solved a symptom without curing the real disease.Begin by transforming that hypothesis into a clearly worded recommendation.Have the core analyses required to prove your case and not one bit more.


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