6 Steps for Business Problem Solving

The 6 steps for Business Problem Solving

  1. What is the Problem?
  2. What Alternatives exist?
  3. What Criteria are important?
  4. Analyse alternatives against criteria
  5. Choose the Best Option.
  6. Define the Execution Plan.

These steps come from the IESE MBA Course Analysis of Business Problems (ABP).  Wikipedia has a great section on Structured Decision Making models.