Ep. 203 - Short & Thorough Problem-Solving [Business 300]
FLF, LLC
FLF, LLC
4.7 • 957 Ratings
🗓️ 14 July 2025
⏱️ 4 minutes
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Summary
Not all problems are created equal. When having to solve a problem, we must consider what sort of problem we're dealing with. On the scale of priorities, we weigh the consequences and rewards of not doing anything (that is, dragging out the problem) versus doing the wrong thing (that is, implementing a hasty solution). Sometimes letting the problem burn is the right thing. You can always make things worse. But other times, putting on a band-aid to give you the time to address the root issue could be right.
Transcript
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| 0:00.0 | Hello and welcome to Business 300. |
| 0:10.0 | My name is Philip Kulenshov and this is 300 seconds about business. |
| 0:13.0 | We're all a busy people, so I have five minutes or less to get my point across. |
| 0:27.3 | Short and thorough, like a Business 300 episode. Whether its personality, experience, |
| 0:31.3 | competency, or any mixture of factors, business managers have different approaches to solving problems. Sometimes they're effective, other times not so much. Of course, we want to be |
| 0:36.0 | effective all the time, so to that end, here are a few thoughts. |
| 0:39.3 | There are business managers who default to treating all problems with off-to-cuff solutions, whatever the issue. |
| 0:44.3 | They have an immediate resolution ready to go. |
| 0:46.3 | Sometimes it works, but most of the time, their quick-fixed predetermines to bring the issue back to the top in a month or two. |
| 0:52.3 | Like pushing boiling potatoes |
| 0:54.4 | down in the water, the heat makes it float back up as soon as the spoon lifts. I understand |
| 0:58.9 | this approach. There are a lot of problems to solve. There are things to get done. Nobody |
| 1:02.8 | has time to linger on an issue. Let's find the Quirka solution and move on. It's one thing |
| 1:07.6 | to have a sporadic and hasty approach to problem solving when you're a one-man show. |
| 1:11.6 | At that point, you're just frustrating yourself. |
| 1:13.6 | Well, and your customers. |
| 1:15.6 | But it's another thing if you're leading a team of people who are relying on your stable and substantive moves. |
| 1:21.6 | After a few months of back-and-forth sporadic circus juggling, trust in you as the decision maker is shaken up. Any future decisions |
| 1:29.0 | are questioned and looked upon with suspicion. With a damaged trust, it's more difficult, if not |
| 1:34.1 | impossible, to lead the team forward. In trying to solve the problem quickly, this sort of manager |
| 1:39.5 | has created more problems to solve. The other approach some managers take is tinkering away with details that may or may not be |
| 1:46.5 | relevant or necessary in order to install a reliable solution. |
... |
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