StudentShare solutions
Triangle menu

Problem Solving - Essay Example

Not dowloaded yet

Extract of sample
Problem Solving

One that is tightly optimised for an initial set of conditions might be more efficient whilst those conditions prevail but fail totally should conditions change. And in today's business world, conditions change daily."
The original meaning of Ashby's Law dealt with people attempting to keep a system stable. The controller of the system is better able to control it the more options he has. Variety of action controls variety of input (Wyrdology).
According to Bellinger, Castro, and Mills (2009, pg. 1), "According to Russell Ackoff, a systems theorist and professor of organizational change, the content of the human mind can be classified into five categories: Data: symbols; Information: data that are processed to be useful; provides answers to "who", "what", "where", and "when" questions; Knowledge: application of data and information; answers "how" questions; Understanding: appreciation of "why"; Wisdom: evaluated understanding."
Ackoff indicates that the first four categories relate to the past; they deal with what has been or what is known. Only the fifth category, wisdom, deals with the future because it incorporates vision and design. With wisdom, people can create the future rather than just grasp the present and past. But achieving wisdom isn't easy; people must move successively through the other categories."
"There are many approaches to problem solving, depending on the nature of the problem and the people involved in the problem. The more traditional, rational approach is typically used and involves, eg, clarifying description of the problem, analyzing causes, identifying alternatives, assessing each alternative, choosing one, implementing it, and evaluating whether the problem was solved or not" (Free Management Library, 2009, pg. 1).
The Work of Wiig and the KRI
Kristen Wiig is an actress. She has appeared in the following: Despicable Me, Late Night, WhipIt!, Extract, All Good Things, Saturday Night Live, The Flight of the Conchords, Love is a Weapon of Choice, Adventureland, Ghost Town, Forgetting Sarah Marshall, Semi-Pro, Pretty Bird, Walk Hard, 30 Rock, Bill, The Brothers Solomon, Knocked Up, Unaccompanied Minors, Home Purchasing Club, The Enigma with a Stigma, The Drew Carey Show, Untitled Aisha Tyler Project, I'm with Her, June, Life Death and Mini Golf, The Joe Schmo Show, and Melvin Goes to Dinner (IMDB, 2009).
"The KRI Library addresses the need for a structured mechanism for
key risk indicators and sets the stage for peer-group benchmarking. KRIs are widely viewed as having great potential-as a practical tool for tracking risk and losses, for measuring performance, for conducting process improvement exercises, for calculating capital (especially qualitative adjustments to capital estimates), and particularly for sounding an early warning of changes to an organization's risk profile" (RMAHQ, 2009, pg. 1).
KRI services fall into a broad range of services, including the following services: ...Show more

Summary

It takes tools for people to solve problems. Some of the most popular tools that are used by individuals for this purpose are knowledge, wisdom, intelligence, information, and date. The purpose of this essay is to discuss these tools and answer specific questions that were provided regarding them.
Author : fhudson
Problem Solving essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Problem Solving"
with a personal 20% discount.
Grab the best paper

Related Essays

Problem Solving
The eight steps of the simplex process are: problem finding, fact finding, problem definition, finding ideas, selection, planning, sell idea, action (Mindtools, 2011). My first step was to identify the problem. The problem was that the house needed some fixing.
1 pages (250 words) Essay
Problem Solving
Information technology has helped businesses and organizations in decision-making processes. The management has really achieved accuracy and speed in their decision-making processes by employing workable solutions. Recently, our organization experienced a major strike due to communication breakdown.
3 pages (750 words) Essay
Creative Problem Solving
These experts do not possess much scientific evidence to prove that the adverts cause alcohol consumption. While they claim to do studies, the results are barely put across. Most people believe the experts since they have no other reasons to give for why young people take alcohol.
3 pages (750 words) Essay
Problem Solving College Essay
The steps of problem solving can be e.g., understanding the problem, identifying the root causes of the problem, identifying alternatives, assessing each alternative, choosing the best one, making a plan of solution, implementing it, and evaluating whether the problem was solved in the best manner or not.
3 pages (750 words) Essay
Applying Problem Solving
Application of the critical thinking to minimize the criticality of difficult situations, which occur in our professional and personal lives, is known as problem solving. We need to make use of the most appropriate
4 pages (1000 words) Essay
Problem solving
How a problem is solved also depends on the method adopted for its resolutions. The more structured and systematic an approach for problem solving, the better the decision made because it removes ambiguity, reduces
8 pages (2000 words) Essay
Problem Solving
The effectiveness of the police force relies on the capability to recruit and retain quality staff. Quality police officers are
6 pages (1500 words) Essay
Creative problem solving
w how to clearly make a distinction between genuine facts and value claims, unimportant information from important, verify credibility and notice prejudice. Effective analytical problem solving skills center round the cognitive domain. Usually an Analytical problem solver
1 pages (250 words) Essay
Problem solving
While development and consumption of software continues to increase as technology becomes more of a business essential, organizations are finding it difficult to cope with the threat and challenge of piracy. In order for organizations to mitigate the problem,
1 pages (250 words) Essay
Problem Solving
Consequently, the data could not demonstrate any record of the arrival of students and teachers in the school, which created great concerns of the administration and staff alike subsequent to the problem,
7 pages (1750 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation