5 step usc-ct problem solving process (1)

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  • 8/18/2019 5 Step USC-CT Problem Solving Process (1)

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    The 5 Step USC-CT Problem Solving ProcessA Part of the Comprehensive and Fully Integrated Frameor! for Critical Thin!ing at the USC

    "arshall School of #usiness

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    • The USC Marshall Critical Thinking Initiative is an on-going school wideeffort to enhance our students’ critical thinking skills in order to make themmore successful problem solvers. Its key components include…

    The 5 tep USC-CT !roblem olving !rocess which is designed to help studentstackle ambiguous" ill-defined challenges.

    The STA$T #oncept $nalysis which is designed to teach fundamentalconcepts%formulas that are utili&ed within the '#-#T !rocess.

    %earning "odules which are designed to enhance specific skills such as how toreduce biases" how to enhance creativity" and how to evaluate claims ( evidence.

    • The lesson in this document focuses on the 5 Step USC-CT ProblemSolving Process&

    USC "arshall Critical Thin!ing Initiative

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    The 5 Step USC-CT Problem Solving Process

    )*ote+ This document is meant as an introduction to the sub,ect. ore in-depthcoverage will occur in supplemental readings and classroom eercises/

    3

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    • 0b,ective+ This is designed to help students tackle ambiguous" ill-defined" and%or

    vague challenges" particularly when little direction is provided.•  $pproach+ The approach uses 5 critical steps that entail Uncovering business

    problems" challenges and opportunities" Selecting the most critical" Creatingmany potential solutions" Choosing the one with the most potential" and thenTranslating it into an effective implementation plan.

    4

    U'ncover the variouspotential problems"

    challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%or

    opportunity)ies/.!rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate yoursolution)s/ into

    an effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

    The 5 Step USC-CT Problem Solving Process

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    2hen the goal is to solve comple problems" begin by uncovering an array of potential problemsand%or opportunities relative to the organi&ational goal%mission. Then clearly and concisely state

    each while providing relevant" analytical support showing evidence and assumptions.

    tudents should eamine issues through instructor led probes" such as….• 2hat is the situational contet3 0utline the relevant issues related to global" national" regional" company"

    consumer" government" regulatory" and competitive environments.• 2hat is the nature of problems" challenges or opportunities within this contet" and how does that relate to

    the overall goal%mission of the organi&ation3

    • 2ho are the stakeholders3 $re there differing views on problems" challenges and opportunities3• 4ow did this situation arise3 Is this a random event or systemic3 oot cause vs. symptoms3 Interrelated3• 2hy is this important3 2hat’s at stake3 )e.g. evenue3 !rofit3 6rand image3 7oals3/• 2here does this issue reside3 )e.g. arketing3 ales3 $ccounting3 8inance3 #ombination3/• 2hen did the situation occur" when must it be resolved" is there a window of opportunity3

    U'ncover the various

    potential problems"challenges (

    opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%or

    opportunity)ies/.!rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effective

    implementationplan.

    C#reate a

    multitude ofpotentialsolutions.

    The 5 Step USC-CT Problem Solving Process

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    6

    U'ncover the various

    potential problems"challenges (

    opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%or

    opportunity)ies/.!rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effective

    implementationplan.

    C#reate a

    multitude ofpotentialsolutions.

     $fter uncovering the potential problems" challenges and opportunities" we can narrow them

    down to the most significant. The ob,ective is to prioriti&e while providing relevant" analyticalsupport. The student should clearly ( concisely eplain reasoning.

    tudents should consider… agnitude+ 4ave you identified%evaluated how big each problem%challenge is vis-1-vis your goal3 2hat’s 9uantifiable+ #an we :uantify their impact through some metric3 2hat data would help to

    :uantify this impact3 4ave you assessed data needs" sought info" ( applied the appropriate analytics3 2hat’s *on-9uantifiable+ $re there non-:uantifiable issues we need to consider )e.g. gains and losses

    in brand image" !" stakeholder psychological commitment3/ Interrelationships+ $re these issues potentially interrelated3 ight one )e.g. today;s promotions/ impact

    another one )e.g. tomorrow;s brand image/3 #ause ( effect3

    The 5 Step USC-CT Problem Solving Process

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    U'ncover the various

    potential problems"challenges (

    opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%or

    opportunity)ies/.!rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effective

    implementationplan.

    C#reate a

    multitude ofpotentialsolutions.

    *ow that we have narrowed down the problems" challenges and%or opportunities to the most

    significant ones" it is time to generate an array of potential solutions. Then clearly andconcisely state each solution while providing relevant analytical evidence ( assumptions.

    tudents should… 7ather olutions+ 2hich solutions might different stakeholder groups see as viable3 2hat makes them

    viable from this stakeholder;s perspective3 Is this a marketing" accounting" finance solution or some

    other3 #ombo3

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     $fter choosing the most effective solution)s/" it is important to translate it into an effective

    implementation plan in order to identify potential hurdles and unintended conse:uences. Thenad,ust plans if needed and clearly and concisely eplain rationale.

    tudents should… I= teps+ 4ave you identified the key steps toward implementing the solution)s/3

    I= 4urdles+ 4ave you identified potential implementation hurdles )e.g. lack resources/ and a remedy3

    #onsider 'nintended #onse:uences+ 4ave you identified potential events that may result3 2hat’s thepotential domino effect due to the compleity of the situation" error" or bias3 $re you prepare for them3

    =o a 8inal #heck+ 4ave you conducted a final check%criti:ue of problem%solutions%implementation"looking for logic flaws3 4ave you considered a third party review3

    9

    U'ncover the various

    potential problems"challenges (

    opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%or

    opportunity)ies/.!rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effective

    implementationplan.

    C#reate a

    multitude ofpotentialsolutions.

    The 5 Step USC-CT Problem Solving Process

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    >ample

    10

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    'ncovered !otential !roblems%#auses+ 2e listed various potential problems%causes that might havecontributed to lower than epected sales.

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

    The 5 Step USC-CT Problem Solving Process

    !otential #auses

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    election+ 2e conducted store checks to evaluate distribution%competition while an awareness"attitude and usage study was conducted w%consumers. 2e found that low trial resulting from low

    awareness was the cause of poor sales.

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

    The 5 Step USC-CT Problem Solving Process

    ank #ausesAareness ' only ()* of target consumers aare of brand +poor,

    Trial ' nly 5* of target tried brand +poor.tied to lo aareness,

    !ositive image among those aware C DAE )good/!ricing was competitive C DAE agree )good/!roduct :uality was positive among those that tried C DAE liked it )good/

    epeat C FAE of those who tried bought it again )good/=istribution C FAE of stores stocked it )good/#ompetitive activity C *o new activity )good/>conomy%Trends C *o significant issues )good/0ther C *one found )good/

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    #reate !otential olutions+ 2e listed potential solutions that included increasing marketing dollarsspent" changing the marketing mi )$ds vs. promotions vs. pr vs. direct vs. social media/" changing the

    message" or changing the $d campaign.

    The 5 Step USC-CT Problem Solving Process

    !ossible olutionspend more on marketing#hange marketing mi#hange marketing message#hange $d campaign

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

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    #hoose olution+ 2e conducted a competitive review to check spending levels and conducted moreconsumer research to understand the effectiveness of the marketing mi and the message. pending"

    mi" and message were ade:uate" but the TG $d campaign was weak.

    The 5 Step USC-CT Problem Solving Process

    !ossible olutionsarketing pend )good/arketing i )good/arketing essage )good/Ad campaign +poor,

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

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    #hoose olution+ 2e developed new $d campaign options in order to compare them against thecurrent )ineffective/ $d. $ new consumer research study was conducted and found that the celebrity

    option would be the most effective.

    The 5 Step USC-CT Problem Solving Process

    *ew $ds TestedCelebrity ption

    #artoon #haracter>pert >ndorsement>treme =emo

    lice of life )#urrent $d/

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

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    Translated+ The new $d campaign was introduced and sales met epectations. 6ut beforehand" weoutlined%estimated potential conse:uences of using a celebrity campaign.

    The 5 Step USC-CT Problem Solving Process

    Implementation $d introduced and was successful

    #onsidered #onse:uences#elebrity dependence

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    The ituation+ $ new product was launched. Though ?st year sales epectations were pegged at @5Aillion" it achieved only @B5 illion. anagement wants to know what went wrong and how to fi it.

    The 5 Step USC-CT Problem Solving Process

    !otential #auses%o Aareness/

    !oor Image3!ricing3%o Trial/

    !roduct :uality3conomy%Trends30ther3

    Hey #auseAareness ' only ()*

    of target consumers

    aare of brand

    Trial ' nly 5* tried

    +tied to lo aareness,

    !ossible olutionspend more on marketing#hange marketing mi#hange mkt messageChange Ad campaign

    *ew $ds TestedCelebrity ption

    #artoon #haracter

    >pert >ndorsement

    >treme =emolice of life )#urrent ad/

    ImplementationSuccessful intro

    Considerations of

    Celebrity0

    -1ependence

    -Cost-Implosion

    -vere2posure

    U'ncover the various

    potential problems"challenges (opportunities vis-1-visorgani&ational goals.

    Select the most

    critical problem)s/"challenge)s/ and%oropportunity)ies/.

    !rioriti&e.

    C#hoose the

    solution)s/ thathas the potentialto be the most

    effective.

    TTranslate your

    solution)s/ intoan effectiveimplementation

    plan.

    C#reate a

    multitude ofpotentialsolutions.

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    '# arshall #ritical Thinking Initiative

     ecap

    19

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    • The USC Marshall Critical Thinking Initiative is an on-going school wideeffort to enhance our students’ critical thinking skills in order to make themmore successful problem solvers. Its key components include…

    The 5 tep USC-CT !roblem olving !rocess which is designed to help studentstackle ambiguous" ill-defined challenges.

    The STA$T #oncept $nalysis which is designed to teach fundamental

    concepts%formulas that are utili&ed within the '#-#T !rocess.

    %earning "odules which are designed to enhance specific skills such as how toreduce biases" how to enhance creativity" and how to evaluate claims ( evidence.

    #heck them all out

    USC "arshall Critical Thin!ing Initiative

    20