Problem Solving and Adaptability

Structured Problem-solving

Structured Problem-solving means using a step by step approach to identify a problem, Understand why it's happening and figure out a solution for it.

Root cause analysis

Every problem has a reason behind it called root cause. Root Cause Analysis helps in finding and addressing the main reason so the solution is long lasting.

Swot Analysis

SWOT stands for

Strength: Things a business does well

Example: High quality products.

Weaknesses: Areas to improve

Example: slow customer service

Opportunities: Chances to grow or improve

Example: High demand for new product.

Threats: Outside factors that may harm the business

Example: New competitors

Adaptability and resilience.

Adaptability means being able to change when needed. Resilience means a business can recover quickly after a setback. These two skills help a business grow and survive in difficult times.

Setbacks recovery

Mistaken, Failures or losses can happen in any business. A resilient business accepts the set back, learns from it and works harder to improve