Problem and Why Problem is Good
Solving Problem and Problem Solving
Skills Required to Solve Problem
Who is an Entrepreneur?
University - Problem Solution Center
3. Creating Problem Solving
and Entrepreneurial Skills
Tayo Arulogun
Being the slides of lecture delivered at the webinar organized by the Faculty
of Pure and Applied Sciences, LAUTECH., Ogbomoso on 19-20 October, 2020
4. What to Expect..
Problem and Why Problem is Good
Solving Problem and Problem Solving
Skills Required to Solve Problem
Who is an Entrepreneur?
University - Problem Solution Center
5. Problem
• a matter or situation regarded as unwelcome or
harmful and needing to be dealt with and
overcome.
• an inquiry starting from given conditions to
investigate or demonstrate a fact, result, or law.
• a proposition in which something has to be
constructed.
6. • Problems are goals
blocked by barriers
• Walk through, walk round,
stay by the barrier, lift the
barrier
7. Problems are to be solved
• “The measure of success is not whether you
have a tough problem to deal with, but
whether it is the same problem you had last
year” -John Foster Dulles, Former US Secretary of State.
• Is the problem real or perceived?
• Is this problem really an opportunity?
• Does the problem need solving?
8. • We all encounter problems on a daily basis.
• Everybody can benefit from having good problem
solving skills
• It would be wonderful to have the ability to solve
all problems efficiently and in a timely fashion
without difficulty.
• There is no one way in which all problems can
be solved.
9. Solving Problem
• Problem solving is the process of
identifying a problem, developing
possible solution paths, and taking the
appropriate course of action.
• "Never try to solve all the problems at once —
make them line up for you one-by-one.”
— Richard Sloma
10. Trial and error,
Algorithmic
and Heuristic.
The IDEAL Problem Solving Process1
Root cause analysis
(RCA)
Brainstorming to
Explore Ideas
Standardize the
Solution to
Commercialize on
New Opportunities
11. Skills Needed
• Creativity
• Researching
• Team Working
• Emotional Intelligence
• Risk Management
• Decision Making
12. Who is an entrepreneur?
An individual who turns ideas into reality
as a result of solving problems.
The entrepreneurial journey is riddled
with ups and downs with strong ability to
solve problems.
Financial and social risks = monetary and
personal satisfaction
14. Commercializing and Benefiting
from Problem
• Don't Just Start a Business, Solve A
Problem
• Entrepreneurial problem solving is
the process of using innovation and
creative solutions to close gaps by
resolving societal, business, or
technological problems.
15. University as Problem Solution Center
• Are we solving problems?
• Have we solved any of the problems
of the society?
• Problems of our immediate
community?
• What are the top 5 problems in
Ogbomoso? Oyo State? Nigeria?
1Bransford, J. & Stein, B.S. (). The Ideal Problem Solver: A Guide For Improving Thinking, Learning, And Creativity . New York, NY: W.H. Freeman
5 Why Analysis" or the “Cause and Effect Diagram,” to identify the origin of the problem, so that you can:
Entrepreneurship is a process of creating something new with value by devoting necessary time and effort, assuming the financial and social risks and receiving the resulting reward of monetary and personal satisfaction
An entrepreneur is an individual that apply both creativity and innovative concept to exploit marketplace opportunities
Sometimes, personal problems can lead to entrepreneurial opportunities if validated in the market.