How to resolve a major business problem?
First of all, the significance of a business problem is relative. What could be a tragedy for a certain business, may be a negligible issue for another company. But some business problems may be overwhelming and may have significant impact on the future of the company. Business owners face all sort of problems: low margins/sales, poor quality, disloyal customers, poor customer service, high manufacturing costs, and so on. The TRICK: Break down the problem into smaller chunks that can be better understood and resolved. In fact, if you can reduce, so to speak, the category of a problem from category "overwhelming" to let's say several problems of category "manageable", you'll have made a great progress. Your mind will then see the potential solution for each of the small chunks and the time line for the resolution will also be shorter. In summary it is the "Divide and Conquer" strategy.
Contact me if you need help addressing a business problem.
Have a Good Business! Hector
hector.barresi@boundlesscoaching.com
http://www.boundlesscoaching.com/
Phone: 775-200-2864
Thursday, March 12, 2009
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