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Practical Problem Analysis : Through Case Study
Rating: 3.8 out of 5(2 ratings)
5 students

Practical Problem Analysis : Through Case Study

Using the Effective 5-4-3-2-1 Framework
Last updated 11/2021
English

What you'll learn

  • Acquire essential skills to use tools, techniques to do great Business Problem Analysis
  • Appreciate the complex relationships of Causes and Effects
  • Learn how to do Data Drilldown and Depth Interviewing
  • Know about Cognitive Bias and how to avoid it

Course content

6 sections • 22 lectures • 1h 35m total length
  • Course Introduction3:00

    * What you will learn

    * For whom?

    * Briefly - About me

    * Unique Learning Method

    * Briefly about 5-4-3-2-1 Framework

  • What is A Problem?3:32

    * Nature of Business Issues

    * Nature of Business Problems

    * EXAMPLES of Business Problems

  • The 5-4-3-2-1 Framework5:44

    How to use this framework to solve Business Problems?

  • Quiz on Basic Concepts of this Course

Requirements

  • No specific pre-requisite

Description

Overview

This is a short (95 mts), hands-on, practice-oriented, case-based class. After completing it, you will acquire essential skills to use tools, techniques and ideas for doing great Problem Analysis at work or in business. You will learn to use the unique 5-4-3-2-1 Framework of Problem Analysis. You will learn what data is relevant for a given business problem and where to find it.

For Whom

It will benefit Managers (both present & aspiring) in any functional area, Owners of Businesses & Startups, Business Analysts and Management Consultants – because all of them need to face and solve problems on a daily basis. And of course, also students in business schools.

Unique Learning Method

The Learning Method in this course will be uniquely different. Unlike conventional learning, where you start with theory & concepts, and then go to examples and applications, this course reverses the approach: it derives all the concepts and demonstrates skills, tools and techniques of Problem Analysis, through the characters, events and actions of a case study, that I have written for this course, based on my experiences in analyzing and solving different kinds of business problems, in different industries. Your learning will be deep and memorable because you will identify with the characters, events and actions in the case.

The 5-4-3-2-1 Framework

This course is built around the “5-4-3-2-1” Framework of Problem Analysis. Are you curious to know what it is? Well, it is: 5 Steps, 4 Critical Questions, 3 Skills, Tools & Techniques, 2 Principles of Non-Linear Cause-Effect Analysis, and 1 Pitfall to be avoided in Problem Analysis. I assure you - this course will give you rare insights into real life business Problem Analysis. It will not only show you practically, how to do great Problem Analysis, but also how to construct a roadmap of actions to implement the Solution to the Problem, both for the short and long terms.

Course Structure

It has 22 lectures, 3 Practice Assignments, 4 Quiz and 1 Project. The case is divided into 3 parts, each with a Narration, Assignment and my Analysis and Answers for the Assignment, both in Video and downloadable PDF document forms. The Project also has my Solution attached to it, again in Video and PDF formats. You can ask questions any time, on any lecture, assignment or the project. I will answer within 48 hrs.

About Me

My name is Bala, short for Balachandran. With degrees in Mechanical Engineering and Business Administration, from two of the most prestigious institutions, namely the IIT and IIM, I have over 48 years of work experience, in a variety of industries – both products & services. Of this, I spent 27 years in corporate managerial career in different functional areas. I have held positions of the Country CEO of a USA-based trans-national business group and as Head of Corporate & Strategic Planning, in a large, diversified business group. I have lived in Australia for a while and travelled widely in Europe, South-East Asia and of course, USA on business. And spent 21 years in Management Consulting, Mentoring & Training, as well as Teaching in Business Schools, both in person and online.

Welcome aboard

COME, JOIN me in this exciting learning journry. Let me show you how to do Great Problem Analysis. ENROLL in the course today. I will meet you inside the Course.

Who this course is for:

  • It will benefit Managers (both present & aspiring) in any functional area, Owners of Businesses & Startups, Business Analysts and Management Consultants – because all of them need to face and solve problems on a daily basis. And of course, also students in business schools.