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Good Problem Solving Strengthens Business

Customers and employees alike hold the key to long-term profits

Jim Katzaman - Get Out of Debt
7 min readDec 16, 2024
Man in T-shirt stating, “burn Your Problems,” looking up at wooden rails. Photo by Sebastiaan Stam on Unsplash
Photo by Sebastiaan Stam on Unsplash

Business problems are inevitable. The way they are tackled can determine the success or failure of an organization. Effective problem-solving is crucial.

Practical strategies to identify, analyze and solve business challenges range from using data-driven methods to fostering creative thinking and collaboration.

Adopting a structured approach, businesses can not only overcome obstacles but also turn them into opportunities for improvement.

Running a business turns every owner into a problem solver — like it or not — as corporate veterans Tom Reid, Ivana Taylor and Iva Ignjatovic will attest.

Answers to Problems Emerge Within Valuable Bits and Pieces

Reid has been chasing the elusive leadership ideal, compiling a work breakdown structure, or WBS. From that he has written “Sustained Leader WBS,” a comprehensive tool for assessing and improving leadership potential.

He has decomposed every part of the work to be done in a project — 229 WBS elements that apply to building yourself into a sustained leader.

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Jim Katzaman - Get Out of Debt
Jim Katzaman - Get Out of Debt

Written by Jim Katzaman - Get Out of Debt

Helping Americans shave years off of debt, cut thousands of dollars in interest, increase lifestyles and save for secure #retirement. largofinancialservices.com

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