By; Vincent Ugochukwu N.
#MEMBA12
The study of Analysis of Business Problems (ABP) at the Lagos Business School (LBS) has really broadened my knowledge on how well to analyze and tackle critical business problems. It has helped me to eliminate some common day-to-day mistakes that I make in handling some of the challenges I face at work. I used to handle issues like a mere mortal, but I now know better, as I am gradually becoming an immortal, as it is fondly said at the Lagos Business School. Challenges are much more than what we perceive them to be. Most challenges require critical thinking and in-depth analysis to unravel the reasons behind them. Just like they say, critical situations require a critical approach and critical solutions.
Are you looking for an educational program that will help you with the acquisition of comprehensive skills and information necessary for the skillful identification, analysis, and resolution of complicated business challenges? If so, you should consider enrolling in the Lagos Business School “Analysis of Business Problems” course on the Coursera platform. This course promises to offer instruction and skills on how to:
Identify and analyze problems through the utilization of many methodologies, including problem tree analysis and root cause analysis. You will acquire the ability to distinguish between causative factors and symptoms, as well as to effectively explain the circumstances in a clear and concise manner.
Utilize the IESE Business School’s ABP approach, a six-step framework. The course will cover various aspects of problem framing, data collection, alternative analysis, recommendation formulation, action planning, and result communication.
Make informed decisions by incorporating different perspectives from several fields. The course aims to integrate the principles of accounting, finance, marketing, and organizational behaviour to develop a comprehensive solution that will have a positive impact on the organization’s future.
How to utilize software applications such as Microsoft Excel and employ the technique of Socratic questioning to facilitate the process of data analysis and foster critical thinking skills Additionally, acquire the ability to effectively structure and articulate ideas into cohesive paragraphs. In this course, you will acquire proficiency in utilizing several features of Microsoft Excel, including functions and formulas, charts and graphs, pivot tables, filters, and other related tools and techniques. In addition, the Socratic method will be taught to enhance your ability to inquire effectively and critically evaluate assumptions.
Conduct qualitative and quantitative analyses of existing data. In this course, you will learn the skills necessary to efficiently eliminate unwanted and irrelevant data, thereby minimizing the potential for erroneous decision-making. You will learn how to separate quantitative data from qualitative information.
In my opinion, I will say that ABP is the confluence town for most business courses, as mentioned above. It is their interconnectivity that brings them together. Within these few months of my engagement with ABP, I have learned how to tackle any business challenge with confidence and creativity. I implore you to not miss this opportunity to learn from the experts and join a global community of learners. Enroll now and start your journey to becoming a better problem solver.
