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By the end of the course, you will understand how to weave together considerations from accounting, finance, marketing and organizational behavior in order to arrive at a sound decision that will positively impact the firm’s future. Before you start today's videos, please have a look at the syllabus.
A solution to which you've given considerable thought isn't always the best option either.
Position yourself to implement a thoughtful and useful solution if you have multiple options and evaluate the pros and cons of each.
Problems are often opportunities in disguise, and they are almost always portals for learning.
A methodical approach based on business problem-solving steps increases the odds of developing long-term solutions that can satisfy management, employees and customers.
In 2013 she transformed her most recent venture, a farmers market concession and catering company, into a worker-owned cooperative.
She does one-on-one mentoring and consulting focused on entrepreneurship and practical business skills.We also use this information to show you ads for similar films you may like in the future.Like Oath, our partners may also show you ads that they think match your interests.No solution is foolproof, but if you use clarity and logic and avoid acting rashly, you're unlikely to do something you regret, and you could even make a wise decision that benefits everyone involved.Devra Gartenstein founded her first food business in 1987.Learn more about how Oath collects and uses data and how our partners collect and use data.Select ' OK' to allow Oath and our partners to use your data, or ' Manage options' to review our partners and your choices.In addition to developing multiple solutions, it's prudent to engage multiple stakeholders when solving problems, especially if these problems call for systems-level solutions.If you've given quality thought and attention to identifying and analyzing a problem and then developing possible solutions, you have already laid the groundwork for choosing an optimal solution.Most problems present themselves as specific situations that have spiraled out of control, but a problem may be short or long term, and it may be confined to a single person, or it may be widespread.If you include more variables in your analysis, you increase the odds of addressing a problem in a holistic and comprehensive way.