Tuesday, July 20, 2010

iLearning ANALYTICAL THINKING

  1. Couse Objectives
    • Understanding HOW analytical thinking WORKS
    • Identify SPECIFIC TOOLS and TECHNIQUES
    • FRAMEWORK for managing project issues
  2. Scientific approach to problem solving















  • Defining the problem
    • Problem Identification
      • Observes a discrepancy between the way things are and the way things ought to be
    • Getting to the ROOT of PROBLEM
      • Fishbone Diagram (Cause and Effect Diagram)








      • Five Why's
      • Basic Question to support the Root Cause Techniques
        • WHO is causing the problem ?
        • WHAT will happen if this prolem is not solved ?
        • WHERE does this problem ocuur ?
        • WHEN does this problem occur ?
        • WHY is this problem occurring ?
        • HOW should the process or system work ?
  • Formulating the Hypotheses
    • Main techniques and methods
      • Issue Diagram
      • Brainstorming
    • Issue Diagram - Identify the issues
      • Develop a comprehensive list
      • REduce the comprehensive list (no duplicates)
      • Get down to a major issues list
    • Issue Diagram -Hypotheses
    • Issue Diagram - Framing the Key Questions
  • Collecting the facts
    • Getting to the facts
      • collecting factual information is necessary
      • Frist critical step to identify what information is required and develop a collection technique
      • Different problem - Different data - Different colclection technique
      • Combining a number of different techniques
      • Data collection is a critical stage in problem solving
    • Using the issue Diagram to identify data and nformation needs
    • Data Collection technique (Technique and tools)
      • Using available information
        • Checklist
        • Data compilation forms
      • Observing
        • Eyes and ears
        • Data compilation forms
      • Interviewing
        • Interview guide
        • Data compilation forms
      • Administering Written Questionnaires
        • Survey
        • Questionnaire
      • Conduction Focus Groups
        • Flip Charts
  • Conducting the Analysis
    • Sequential Steps
      • Make sure you know what you are trying to solve
      • Match up the clearly defined questionor issue with appropriate analytical tools
      • Go out and collect the facts
      • Verify the facts 
    • Analytical technique
      • Benchmarking :  What performance areas are weak?
      • SWOT : What are the core competencies of the client?
      • Force Field Analysis : What forces can influence the problem ?

      • Cost Benefit Analysis : All the minuses against all the pluses
      • Impact Analysis : Potential effect of the proposed solution
      • Pareto Analysis : What are the most important issues ?
    • Benchmarking

      • Measures and compares your performance against other similar activities  

      • Differences - possible performance issues

      • Difficult to collect comparable data

      • Comparing “best in class” is better

    • SWOT 

      • Identifies Strengths, Weaknesses, Opportunities, and Threats

      • Most common analytical tool for strategic planning

      • Subjective

      • Easy to understand and follow

      • Very useful for identifying the core competencies of any organization

    • Force Field (Positive-Negative)

      • Shows significant forces that impact the problem

      • Forces tend to be those factors that promote or hinder a solution to a problem

      • Prioritize forces between direct and indirect

      • Brainstorm to generate ideas to list all forces

    • Cost Benefit

      • Identify all expected costs and benefits

      •  Costs includes all tangible outlays and intangible /qualitative factors

      • Compare using a set of decision criteria

      • Look at the net changes between making the decision vs. not making the decision

    • Impact Analysis

      • Identifies broad and diverse effects with a problem proposed solution

      • Answers certain questions

      • Objective is to minimize adverse or negative impacts going forward

      • Very useful in assessing risk of different proposed solutions

    • Pareto Analysis

      • Quantifies what is most important on a graph

      • This technique is also known as the 80/20 rule.

      • Puts focus on the significant problems or issues

      • Problems or issues based on a common and measurable attribute

      • Must categorize problems or issues

      • Plot the data and rank according to frequency

  • Developing the Solution
    • Basic Concepts

      • Select and plan the solution

      • Use a solution rating matrix to weigh different solutions

      • Solutions should have support from your previous analysis

      • Test your solutions as much as you can

    • Key Messages

      • Not possible 100% out-of-the box solutions

      • No solution is a guarantee

      • You need to get buy-in and commitment from the client

      • Be prepared with an implementation plan

  • Five Step Process

    • Define the Problem

    • Test in the form of Hypothesis

    • Focus on Facts

    • Analysis (Various Analytical Tools)
    • Recommend a Solution

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