Conceptual Framework
A Conceptual framework is a visual representation that helps to illustrate the expected relationship between cause and effect in a financial context.
Problem solving is the process of a problem analysis and resolving it in the best way possible for that situation.
This process contains analysing the problem (root cause analysis), defining countermeasures for the problem and implementing the right solution for that situation.
For problem solving, people need critical thinking and analytical skills. Everybody within a organization or company can benefit from having good skills because there are always problems.
There have been lots of scientific and practical studies on problem solving from a learning point of view. Some of the techniques developed and used in artificial intelligence (AI), computer science, engineering, mathematics, or medicine are related to mental techniques studied in psychology.
What are the most known and used models and methods? What are their success stories and practical tips when you apply these? These posts are all about great tools and methods that can help you to achieve your goal or understand certain aspects that come with problem solving.