Business Problems Solved Podcast

What is a Problem?

Dec 31, 2018

Lee, an expert in defining and solving business problems, shares valuable insights into the nature of challenges that hinder business progress. He emphasizes that problems are simply barriers to achieving goals and discusses various methodologies like Lean Six Sigma and Agile. Lee advocates for tailored solutions that reflect an organization's unique culture and past experiences. He encourages listeners to connect emotionally with their objectives, driving home the importance of innovation in problem-solving.

13:09

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Lee

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Quick takeaways

A business problem is essentially an obstacle hindering progress, requiring careful identification to devise effective solutions.

Different strategic methodologies like Lean and Agile must be tailored to each organization's unique culture and circumstances for optimal results.

Deep dives

Understanding Problems in Business

A problem is defined as an obstacle that prevents progress toward a desired outcome. It can manifest in various forms, from minor inconveniences like traffic delays to significant issues affecting entire organizations. Examples cited include past personal experiences and challenges faced in large-scale business transformations, highlighting the importance of recognizing and defining the specific problem at hand. Addressing problems effectively requires a clear understanding of both the current situation and the desired destination, which is crucial for any business's success.

Intro

8min

Tailoring Solutions for Organizational Success

3min

Understanding Organizational Problems and Purpose

2min

Encountering problems is a natural occurrence in the business setting. So, today on the Business Problem Solver Podcast, we go back to the basics and define what a business problem is.

Lee helps you to easily pinpoint a problem so that you could come up with an effective problem-solving plan. There will be many strategic approaches out there that are used by large-scale and small-scale companies, but none will be outright applicable to your business problem. You have to innovate from it, consider your organizational culture, and always link it to your purpose.

KEY TAKEAWAYS

According to Lee, you consider it a problem if it gets in the way of getting where you want to be.
There are different approaches to problem-solving when it comes to business like using the 5D Model, Lean Six Sigma, or Agile. You have to make sure that it can identify the problems and can provide strategic solutions to those.
Every business is different. A solution can be very effective for an organisation but not for yours, and vice versa. You have to take note that every business has a different culture and working environment.
Try to look back at how your company dealt with similar problems in the past. If the previous solutions worked well, then innovate a strategic solution from it taking note of course of the changing environment.

BEST MOMENTS

“Problems come in different sizes, but it’s basically something that gets in the way of where you want to get to.”
“There are no new ideas – they are just ideas that have been built on previous solutions and ideas.”
“Don’t just necessarily take an off-the-shelf solution and apply it to your problem.”

ABOUT THE HOST

For the last 15 years, I have been a multi-sector internal or external business improvement consultant, building the improved capability of individuals, teams and businesses.

In my spare time, I enjoy spending time with my two young children Jack & India. I also enjoy listening to and reading business & personal development material.

Lee Houghton is “THE Business Problem Solver”, a Management Consultant, CX Specialist and Keynote Speaker.

CONTACT METHOD

You can contact Lee Houghton on: 07813342194

Website: Lee@leehoughton.com

LinkedIn: www.linkedin.com/in/lhoughton/

Facebook: www.facebook.com/THEBusinessProblemSolver/

Twitter: https://twitter.com/BusiProbsSolved

Instagram: www.instagram.com/the_business_problem_solver/?hl=en

YouTube: https://www.youtube.com/channel/UCsf0YC2_ZBuhtC_s-AbHaDw