Tag Archives: Problem Solving

Problem, Symptoms & Root Cause Analysis (RCA) Examples

Process for identifying problem and doing root cause analysis

Last updated: 30th Jan, 2024 Have you found yourself stuck in a cycle of solving the same or similar problems over and over again? Ever wondered why some solutions seem to only offer a temporary fix? Have you wondered if you have identified the correct problem or if you are trying to fix one of the symptoms? The key lies in your understanding of how we define problem statements, associated symptoms, root causes, and approach to problem-solving, which is fundamentally rooted in analytical thinking and critical thinking. What exactly is the difference between a problem and its symptoms? And why is it crucial to conduct a root cause analysis to …

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Posted in Analytics, Problem Solving. Tagged with , .

Innovative Thinking: Methods & Examples

Innovative thinking skills examples

Innovative thinking is a multifaceted approach that leverages different styles of thinking to tackle problems and generate groundbreaking solutions. It encompasses first principles thinking, which digs down to the foundational elements of an issue, analytical thinking that systematically dissects a problem into smaller, more manageable parts, critical thinking that involves evaluating and judging the information and ideas at hand, and infinite thinking, which pushes the boundaries of imagination to consider limitless possibilities. Each of these styles contributes uniquely to the process of innovation, offering a comprehensive toolkit for tackling challenges in novel and effective ways. In this blog, we’ll delve deeper into each of these styles, exploring how they individually …

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Posted in Analytics, Problem Solving, Product Management. Tagged with .

Productivity vs Efficiency: Differences, Examples

productivity vs efficiency matrix 1

If you’ve ever found yourself caught in the whirlwind of tasks and deadlines, you’ve probably asked yourself: “How can I get more done?” or “How can I make better use of my time?” At the core of these questions lie two concepts that are often used interchangeably but are fundamentally different: Productivity and Efficiency. Understanding the nuances between productivity and efficiency can be a game-changer in both your personal and professional life. While both are geared towards improving performance and achieving goals, they focus on different aspects of the work process. Knowing when to prioritize one over the other can mean the difference between spinning your wheels and skyrocketing your …

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