This PPT slide, part of the 32-slide Problem Solving and Decision Making PowerPoint presentation, outlines a structured approach to problem-solving and decision-making, emphasizing the importance of formulating clear problem statements. It begins with a focus on what the organization aims to achieve, highlighting the need for specificity in defining objectives. This clarity ensures that findings can be actionable, steering clear of addressing the wrong issues.
The second section, labeled "Background and context," discusses the current situation and complications faced by decision-makers. It suggests that understanding industry trends and relative positioning is crucial for contextualizing the problem at hand.
Next, the slide addresses "What is success?" This part emphasizes the criteria that will guide the decision-maker in determining whether to act on recommendations. It mentions financial returns and market share growth as key indicators of success.
"Stakeholders" is another critical area covered. This section identifies the primary decision-makers, such as CEOs and Division Managers, and acknowledges the influence of internal and external parties, including shareholders, on the implementation process.
Finally, the slide touches on "Potential challenges." It outlines what will not be included in the project scope, such as specific markets or R&D activities. This section also sets boundaries for the analysis, mentioning concepts like the 80/20 rule, which helps in prioritizing efforts effectively.
Overall, this structured approach aids organizations in sharpening their focus on problems, ensuring that decision-making processes are both informed and strategic. The insights provided can significantly enhance clarity and alignment among stakeholders.
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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