Entrepreneurs who build successful businesses often possess a unique ability to see what others don't—the critical bottlenecks hiding in plain sight that create frustration, inefficiency, and lost ...

Business owners who are great problem solvers within any business are the best prepared to solve their customers’ needs effectively as well. In fact, every business is about solutions to customer ...

When I started my career working with business systems, I thought that software solved problems for people. But as I worked with more and more businesses in a variety of Manufacturing and Distribution ...

A problem statement is a powerful tool that helps businesses ask the right questions. Used properly, it can lead to efficient solutions and make problem-solving feel like a breeze. Done poorly, it can ...

The Fast Company Impact Council is an invitation-only membership community of top leaders and experts who pay dues for access to peer learning, thought leadership, and more. BY Ophir Ronen Across ...

Have you wondered what it takes to really succeed in business? Often, success requires tinkering with your mindset, so you can accept great success and welcome it into your life. It also requires an ...

Fix sales first — without steady revenue, nothing else in your business survives. Once revenue stabilizes, people problems become the next barrier to growth. Operational efficiency amplifies strong ...

Looking at challenges outside of your own company can lead to powerful change. Rosabeth Moss Kanter, professor at Harvard Business School, believes the world demands a new kind of business leader. She ...

Identifying and resolving pain points is fundamental to launching successful businesses. Customer validation and market analysis are critical steps toward understanding if a problem is worth solving.

The main economic problem is that Tesla without knowing the exact profitability and cost margins the business is at extremely substantial risk. The decline in profitability margin shows a lack of ...