The ability to solve problems is one of the most important skills an entrepreneur should possess. Also, teaching your employees problem solving skills is a critical element in business improvement process. While such a process may be common to many leadership programs, it is less common at the small business level. The truth is every business needs to review the need for this skill in their development plans.
In business, the art of problem solving is to have rational and balanced decision making process. Thinking backward to set goals and define key steps. In other words, the art of decision making is learning how to deal with difficult and complex problems.
Decision making skills can be improved regardless of you are trying to solve your math problems or trying to make money. This can be achieved by spending less time looking back, investigating root causes, and more time looking forward focusing on the solutions.
When talking about problem solving, it all starts with better thinking. When you think correctly, you are able to make better decisions.
When trying to solve your problems, the first thing to do is to prioritise. Ask yourself which problem is the most urgent and which can wait. Keep in mind that you can’t do everything at once.
To learn more about problem solving in business, read this: http://www.flyingsolo.com.au/live-smarter/defining-your-problem-finding-solutions