This PPT slide, part of the 32-slide Problem Solving and Decision Making PowerPoint presentation, presents an example problem statement for the Oilco refinery, highlighting key issues related to its profitability and strategic positioning. The first box outlines a factual observation: the refinery is experiencing poor profitability despite holding a strong position in its market niche. This sets the stage for understanding the underlying challenges the organization faces.
The second box poses a question regarding whether the refinery should take steps to improve its deteriorating position. This question is marked as not disputable, indicating that stakeholders generally agree on the need for action. It reflects a critical juncture for the organization, suggesting that inaction could lead to further decline.
The third box introduces a broader inquiry about whether the refinery can be managed differently to enhance profitability. However, this question is labeled as too general, suggesting that it lacks specificity and may not lead to actionable insights. This indicates a need for more precise framing of the issues at hand.
Overall, the slide effectively illustrates the importance of clearly defining problems in a way that facilitates discussion and decision-making. It emphasizes the necessity for targeted questions that can drive strategic initiatives, rather than vague inquiries that may not yield useful outcomes. For potential customers, this slide serves as a reminder of the value of structured problem statements in guiding organizational strategy and improving performance.
This slide is part of the Problem Solving and Decision Making PowerPoint presentation.
This problem structured problem solving tool includes the problem statement method (page 8) used while working with McKinsey.
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