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  2. Problem solving - Wikipedia

    en.wikipedia.org/wiki/Problem_solving

    Problem solving is the process of achieving a goal by overcoming obstacles, a frequent part of most activities. Problems in need of solutions range from simple personal tasks (e.g. how to turn on an appliance) to complex issues in business and technical fields.

  3. Lateral thinking - Wikipedia

    en.wikipedia.org/wiki/Lateral_thinking

    Lateral thinking is a manner of solving problems using an indirect and creative approach via reasoning that is not immediately obvious. Synonymous to thinking outside the box , it involves ideas that may not be obtainable using only traditional step-by-step logic . [ 1 ]

  4. Evaporating cloud - Wikipedia

    en.wikipedia.org/wiki/Evaporating_Cloud

    The general process for applying an EC to problem solving is described by Cohen (2010) as follows: [8]: 676 Identify the type of problem (there are variations in the way the diagrams are constructed for different types of problems.) Write a storyline of this problem in a factual, objective way, even if the problem causes an emotional upset.

  5. BCG consultants solving business problems with OpenAI’s GPT-4 ...

    www.aol.com/finance/bcg-consultants-solving...

    In the BCG study, participants using OpenAI’s GPT-4 for solving business problems actually performed 23% worse than those doing the task without GPT-4. Read more here . Other news below.

  6. Heuristic - Wikipedia

    en.wikipedia.org/wiki/Heuristic

    Gigerenzer & Gaissmaier (2011) state that sub-sets of strategy include heuristics, regression analysis, and Bayesian inference. [14]A heuristic is a strategy that ignores part of the information, with the goal of making decisions more quickly, frugally, and/or accurately than more complex methods (Gigerenzer and Gaissmaier [2011], p. 454; see also Todd et al. [2012], p. 7).

  7. Typology of business strategies - Wikipedia

    en.wikipedia.org/.../Typology_of_business_strategies

    This is the least effective of the four strategies. It is without direction or focus. Miles, Snow et al. (1978) have identified three reasons why organizations become reactors: Top management may not have clearly articulated the organization's strategy. Management does not fully shape the organization's structure and processes to fit a chosen ...

  8. Systematic inventive thinking - Wikipedia

    en.wikipedia.org/wiki/Systematic_inventive_thinking

    Systematic inventive thinking (SIT) is a thinking method developed in Israel in the mid-1990s.Derived from Genrich Altshuller's TRIZ engineering discipline, SIT is a practical approach to creativity, innovation and problem solving, which has become a well known methodology for innovation.

  9. Convergent thinking - Wikipedia

    en.wikipedia.org/wiki/Convergent_thinking

    Convergent thinking is used as a tool in creative problem solving. When an individual is using critical thinking to solve a problem they consciously use standards or probabilities to make judgments. [2] This contrasts with divergent thinking where judgment is deferred while looking for and accepting many possible solutions.