Join Mike Figliuolo for an in-depth discussion in this video Creating fact-based assertions, part of Solving Business Problems.
…As you go to make your recommendation it's…important to remember that assertions are based upon facts.…So you're going to take your facts, take a…step back from them and say what can I conclude?…What can I recommend, based that on, based on the facts that are available?…So let me walk you through an example of how this works.…So, we have product A, and we know a few things…about product A based on the analysis we did in prior steps.…We already know that product A is not unique in the market.…It's relatively a commodity.…
We've done the analysis that shows our product versus competitive…products and they're not that different, so it's not unique.…We also know that product A is going to be hard to grow.…It's a commodity. The market is already saturated.…And again, we've done the analysis that proves…product A is going to be hard to grow.…Now, based on those two facts,…we can make an assertion, that we should not invest in growing product A.…And again, that assertion is backed up by the facts.…Now we know a few things about product B as well.…
- Explore strategies for defining your business problem.
- Recall how to keep a problem well defined using logic maps.
- Recognize how to use a 2x2 matrix to prioritize solutions.
- Review the meaning of assertions and how they related to recommended actions.
- Identify the most common problem-solving pitfalls.