The model on this page was proposed by Mike Figliuolo, Founder and Managing Director of thoughtLEADERS, LLC. I've used it successfully on many occasions. This page is simply a summary of his model, be sure to look him up on LinkedIn learning to go though his entire series of courses.
There are five steps to solving business problems;
This is a critical step which is often skipped by others.
Before you start trying to find solutions, you really need to ensure that the problem and any underlying issues are fully identified. Some of the best ways to do this are to;
Break big problems into smaller parts.
Consider using a logic map to break down a problem into the component parts.
The following is an example of a logic map for a business which is looking to solve an income issue.
Look at the ends of the logic map and brainstorm solutions for each of the very end pieces.
Look at all of the possible solutions and see which ones provide the best value.
Spend 80% of your time on the 20%
of the issues that drive the answer.
Use the smallest amount of energy to get the solution.
Sometimes you need to work out which problem is the best to solve. You can use a 2 x 2 matrix to solve it.
To do this, pick two dimensions, common ones are Ease and Impact.
In the diagram below, we would most likely choose option 3.
This makes it clear that you've thought outside the single solution.
Next to each item;
Attempt to prove it or disprove any assumptions about the item, for example, is it really easy to implement? are the costs really what we think they are?
If you disprove it, move it downwards in the priority list and begin working on the item below it.
Don't bother analysing the things at the bottom of the list unless you really need to.
As You Analyse, Pick the Best Paths that take the Least Time
“High Road” – Look from Above
“Low Road” – Evaluate the Ground
Assertions are facts stated to persuade.
You will run into resistance to your assertions.
Have the right set of facts and articulate them in a manner that is going to be compelling to your audience.
"Well, that will never work"
Answer by showing that it has worked elsewhere.
"its too expensive"
Answer with cost/benefit analysis.
"Our customers won't buy it"
Answer with surveys from customers.
"We don't like any of those options"
Show them the cost of doing nothing.
Assertions have to be based on facts but you can build on assertions.
For example;