Edward Tse's Blog

March 2019articles

Quote of Today (March 1)

Problem solving is both a leap and also iteratiions. It’s a leap because at all times, a consultant needs to have clear hypotheses of what the answers to the problem ought to be. However, the hypothesis by definition would evolve as the consultant gathers data and carries out analyses along the way. At any given point in time, the consultant needs to have a vision of what the end answer would be. Usually that vision is pretty blurred at the beginning but as data come in, it would become clearer. However, with more data, newer vision would emerge and that is often blurred. It will become clearer as more data come in. This cycle of iterations will go on for a number of times till an acceptable picture evolves. That picture may have some resemblance with the original hypotheses but often there are plenty of differences. Leaps and iterations are the intrinsics to first-principle problem solving.

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Founder & CEO of Gao Feng Advisory Company, a global strategy and management consulting firm with roots in China. —learn more
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