Thursday, April 25, 2013

MANAGEMENT SPECIAL... INNOVATIVE PROBLEM SOLVING



INNOVATIVE PROBLEM SOLVING

Five routes to more innovative problem solving 

Tricky problems must be shaped before they can be solved. To start that process, and stimulate novel thinking, leaders should look through multiple lenses. 

What is the article about?
Business leaders are operating in an era when forces such as technological change and the historic rebalancing of global economic activity from developed to emerging markets have made the problems increasingly complex, the tempo faster, the markets more volatile, and the stakes higher. The number of variables at play can be enormous, and free-flowing information encourages competition, placing an ever-greater premium on developing innovative, unique solutions.

This article presents an approach for doing just that. How? By using what we call flexible objects for generating novel solutions, or flexons, which provide a way of shaping difficult problems to reveal innovative solutions that would otherwise remain hidden.

Flexons substitute for the wisdom and experience of a group of diverse, highly educated experts
This approach can be useful in a wide range of situations and at any level of analysis, from individuals to groups to organizations to industries.

The five flexons are: Networks flexon, Evolutionary flexon, Decision-agent flexon, System-dynamics flexon and Information-processing flexon.

In short,
Flexons help turn chaos into order by representing ambiguous situations and predicaments as well-defined, analyzable problems of prediction and optimization. They allow us to move up and down between different levels of detail to consider situations in all their complexity. And, perhaps most important, flexons allow us to bring diversity inside the head of the problem solver, offering more opportunities to discover counterintuitive insights, innovative options, and unexpected sources of competitive advantage.

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