Problem Solving¶
Principles¶
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Always pursue the optimal utilization of resources and maximize efficiency.
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Although there is no perfect solution to anything, there is always an optimal solution within a certain time frame.
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Apply 20-80 rule(Pareto principle), rather than try to solve all problems, overcoming perfectionism.
Golden Line Method¶
Hypothesis driven, fact-based, logical insights
Common Mistakes against Golden Line¶
- Don‘t understand the question/problem well.
- Pyramid is not structured correctly. Vertical support is not strong.
- Resource is not planned correctly.
- No enough data, power and tools for Analysis.
- Action is not integrated with thinking.
- Too less Communication.
- Human inside.
Bulletproof 7 Steps¶
Step 1 - Define the Problem
- understanding the context
- identifying the key stakeholders
- specifying the desired outcome (When, what and how good)
Step 2 - Break down the Problem
- dividing the problem into smaller, manageable components (divide-and-conquer).
- understand the complexity and identify where to focus your efforts.
Step 3 - Prioritize Issues
- determine which parts of the problem are the most critical to address first.
- using 80/20 Principle
Step 4 - Make a Work Plan
- create a detailed plan outlining the steps
- setting timelines
- assigning responsibilities
- defining the methods and tools
Step 5 - Conduct Analysis
- test hypotheses
- identify patterns
- generate evidence-based conclusions.
- develop insights
Step 6 - Synthesize Findings
- interpreting the data
- identifying key insights
- ensuring that the findings are coherent and actionable.
Step 7 - Communicate Solutions
- present the findings and solutions to every stakeholder
- ensure that the solutions are understood, accepted and implemented