3 Ways to Problem-Solve Without Spending All Your Money

When it comes to addressing process problems, people love spending money because it makes them feel like they are doing something valuable. Here’s a classic example:

Adding someone new to your team to solve a process problem. Getting a new staff member makes organizations feel great about themselves. If they can afford it, why not, right? It’s easy to add a body, but this solution never works. It only makes the existing problems worse.

There are always ways for companies to improve processes without spending more money. On average, the cost of hiring a new employee alone is $4,000 and 24 days, based on Glassdoor’s 2019 study. Why spend money when you can get results with a more effective solution?

Instead of adding someone new to try and solve the problems at hand, here are three core principles every leader should keep in mind when solving a process problem:

1. Solve problems at their core.

People are prone to react and rush into potential solutions, which is why fire drills in the workplace are becoming a norm. It’s a huge waste of resources, talent, energy and money.

What every company must do is spend more time upfront to understand each problem. It is only when you identify the root cause of a…